Less than one-third of Portugal’s companies grow over 10%

Less than 10% of companies in Portugal (and other countries too) grow above 10% according to a study from Egon Zehnder that indicates that accelerated growth is more associated in the way management is organised than the size or the company sector involved.

Although 72% of companies recorded growth over the past year, only 29% experienced accelerated growth exceeding 10%.

This is one of the key findings of the global study “The Anatomy of Growth” by Egon Zehnder, which analysed the perspectives of over 500 C-level executives responsible for areas directly linked to organisational growth.

According to the study, published this year, the differentiating factor between companies that accelerate growth and those that lag behind lies not merely in market conditions, size, or industry sector, but primarily in how leadership teams organise and collaborate.

The proximity between growth leaders and the CEO, as well as the alignment of teams, data, technology, and execution, emerge as decisive elements for organisational performance.

“This study shows that accelerated growth does not happen by chance. Companies that achieve above-average growth are those that treat growth as a cross-functional responsibility rather than an isolated function.

When leaders responsible for growth work closely with the CEO, share common goals, and act in a coordinated manner, the organisation gains speed, focus, and execution capability,” states Alberto Fernandes, a consultant at Egon Zehnder in Portugal, as cited in a press release.

Source: Egon Zehnder Portugal