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Five of CEO Solutions’ member organizations were named to the 2017 Inc. 5000 list of fastest-growing companies, including one in its first year of eligibility. Four of the five companies experiencing this notable fast growth are new, first-generation companies, and all have CEOs under the age of 35.
The highest of the CEO Solutions members on the list is Stoneridge Software, a Barnesville, Minn.-based Microsoft partner that implements Microsoft Dynamics software. According to the InForum, “these products, in turn, help clients modernize their workflow, get access to real-time business intelligence and streamline their operations.”
The company, which was founded just five years ago by three former Microsoft employees, ranked 1,050 overall and 12th in Minnesota after experiencing a 365 percent spike in revenue over the last three years.
The four additional CEO Solutions member organizations on the fast growth list are:
- Myriad Mobile, based in Fargo, which ranked 1,449 on the list after recording 280 percent growth
- Laketown Electric, based in Wachovia, which ranked 1,887 after 202 percent growth
- Thomsen Homes, based in Fargo, which ranked 3,071 after 171 percent growth
- TrueIT, based in Fargo, which ranked 3,690 after 82 percent growth
As members of the CEO Solutions program, all five of the companies have implemented the EOS Traction management operational system. This simple but effective program focuses on clarity, focus, outcomes, accountability and people growth, creating a basis for profitable, fast growth.
With peer advisory groups meeting regularly in Minneapolis, St. Cloud and Fargo, CEO Solutions is a valuable business development resource for company leaders, whether experienced in their position or new to the job. Not only do our members learn valuable operational skills, but they also receive peer support that helps them perform at their best.
Interested in learning more about CEO Solutions? Attend one of our free executive briefings, to be held on November 1 in St. Cloud and November 15 in Minneapolis. There, you’ll learn about strategies for retaining employees and encouraging growth, with a focus on people and leadership, finance, market and competition.