Small Giants
- Reject narrow traditional definitions of success
- Stay aligned with original vision
- Deep connection with local community
- Strong relationships with customers and suppliers
- Intimate people-centered workplaces
- Passion and purpose are core drivers
- Default businesses prioritizes growth
- Small Giants prioritize quality and culture
Culture
- Employee relationships drive organizational success
- People should enjoy their work, team, and growth opportunities
- Employees need to feel valued, supported, and empowered
- Leaders must consistently show genuine personal care
- Hire for alignment with company vision
- Build a culture of intimacy and connection
- Leadership should be guided by higher purpose
- Must be embedded in daily operations
Control
- Companies often drift from founder vision over time
- Social pressure pushes constant growth expectations
- Growth is limited by capital talent and research capacity
- Many firms sell out due to funding constraints
- Maintaining control requires staying self-funded
- Prioritize goals beyond easily measured financial success
Community
- Small Giants are deeply rooted in local communities
- Business identity reflects local character
- Companies develop distinct local personalities
- Strong internal and external relationships are central
- Emphasis on social responsibility and giving back
Stakeholders
- Build strong supplier relationships beyond transactional business
- Prioritize customer intimacy over basic customer service
- Emotional connection drives customer loyalty
- Tailor strategy to local context and customer base
- Hire for passion and train for skills
- Offer generous employee benefits
- Cultivate a warm close knit culture that customers feel