, in which the early benefits of investments are small, but compound rapidly over time to create outsized long-term value.Frontier firms also disproportionately secure the skilled talent they need to get the most out of technology, either by attracting top talent or by an in-house investment in employee skills.
, investing in on-the-job training programs, and expanding policies that make it easier for parents and aging workers alike to stay in the labor force.Frontier companies are typically system thinkers, looking for opportunities to access new markets or collaborate creatively with stakeholders. Take Dot Foods, a foodservice distributor based in Mount Sterling, Illinois, population 2,006. For Dot, everything starts with the employee. “Our volume is off the charts and we can’t staff it… we’re typically 500 employees short,” CEO Joe Tracy told us.
Good companies provide products and services that people like at affordable prices.