B. Selph

The 1995 Inc. 500 Almanac

 
at founding in 1990 in 1994
CEO 73 83 90
Cofounders 40 16 19
Investors 14 21 26
CEO's Family 13 44 45
Employees 3 10 25
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Technology Is Everywhere
In earlier times computers found homes in places where numbers had to be crunched -- such as accounting departments. Our findings show that technology has flowed into other areas of Inc. 500 companies, thanks both to company builders' getting smarter about technology and to an explosion in easy-to-use software. Here are the percentages of companies that identified a specific area as benefiting most from technology.

in 1990 in 1994
Accounting 41 25
Sales/Marketing 31 41
People Management 5 6
Manufacturing 5 6
Strategic Planning 3 2
Inventory 3 7
Other 9 10
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Inc.'s Best-Seller List
Memo to Stephen Covey: you're habit-forming. (More than one Inc. 500 company swears it now lives by your principles.) These are the books that Inc. 500 CEOs say have made big differences in the way they run their businesses:

1. Seven Habits of Highly Effective People, by Stephen R. Covey

2 . The Discipline of Market Leaders, by Michael Treacy

3. Reengineering the Corporation, by James Champy and Michael Hammer

4. In Search of Excellence, by Tom Peters

5 . The Great Game of Business, by Jack Stack

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Role Models
We asked Inc. 500 CEOs which companies they use as benchmarking models. Here are the names that came up repeatedly:

1. Hewlett-Packard

2. Microsoft

3. IBM

4. Wal-Mart

5. Southwest Airlines

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Love/Hate?
We never asked for a corporate Antichrist, but we got it from several respondents: the company they love to loathe is none other than Microsoft -- number 163 on the Inc. 500 list a decade ago.

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In Five Years' Time, I'll Be . . .
on the beach? Not quite. One of our findings should vaporize any charges about entrepreneurs being get-rich-quick schemers: more than 90% mean to be busy into the new millennium -- building the company. Here's a breakdown of where the Inc. 500 CEOs expect to be five years from now:

In the same role as now: 53.3%

Out. I'll have sold the company: 4.8%

Out. I'll be starting another company: 3%

In the same role, but the company will be public: 24.9%

Delegating responsibility to professional managers: 11.9%

Out. I'll have passed the company to the next generation: 1.1%

Out, and the company will be public: 1%

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INC. BOOK OF RECORDS
The 10 Largest Growth Companies

Name Size*
TTC, Illinois $565.5
Ma Laboratories 497.6
VisionTek 300.4
PNY Electronics 275.3
Future Tech International 265.1
I-Net 234.4
Payroll Transfers 229.1
Logistix 221.4
Vincam Group 191.8
Viking Components 177.3
DPR Construction 174.8
*Annual revenues, in $ millions

The Top 5 Job Creators

Name 1994 Payroll
I-Net 2,500
Atlanta Legal Copies 1,650
PageMart 1,200
PIA Merchandising 1,186
Mastech Systems 1,025

The Honor Roll
Here are the companies that have been on the Inc. 500 list five times:

Name 1995 Rank
Anstec 286
Knowledge Systems 409
Lai, Venuti & Lai 357
Morningstar 172
Saturn Electronics & Engineering 404
Ameristar 100
Telamon 397
U.S. Computer Maintenance 408
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