Dunk's Annual Report On Annual Reports: New Reports Focus On Innovation and Transformation.CHAPEL HILL, N.C.--(BUSINESS WIRE)--April 22, 1999-- William Dunk Partners, Inc. released today its new 1999 Annual Report on Annual Reports entitled "Revolution From Above: Innovation, Transformation, and the Need to Turn Things Upside Down." Every year, William Dunk comments on the major themes leading public companies emphasize in their reports, relating those annual report trends to current economic issues as well as the direction of the equity markets. Businessmen, the report states, have "innovation" on their minds. In part, this relates to the ongoing quest for revenue growth in difficult markets. Innovation, it is felt, will generate new products that will steal market share from others as well as creating whole new markets. Some of the other ways of achieving increased revenues -- such as acquisitions, alliances, and international expansion -- have generally not produced the kind of sustained growth necessary to increase shareholder value. But, most importantly, report after report dwells on "innovation" in a much wider sense. One of the more significant reports of the year -- from Cabot Corporation (NYSE NYSE See: New York Stock Exchange : CBT) -- forcefully speaks to innovation as a totally transforming experience, rather than mere new product generation: "We can innovate. Innovation is change -- a change in the way of doing. But well before a change in doing, there must be a change in thinking. Conventional wisdom, preconception pre·con·cep·tion n. An opinion or conception formed in advance of adequate knowledge or experience, especially a prejudice or bias. Noun 1. , custom -- all must be dismissed. At Cabot, we understand that breakthroughs begin in the imagination, and we are proving our ability to launch them into the world as new products and new businesses...as a new organization." Companies mentioned in this report are: Adaptec (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADPT ADPT Automated Data Processing/Telecommunications ADPT Adaptec Corporation (stock symbol) ADPT Adaptive Prediction ADPT Auger Depth Profiling Technique ADPT Automated Data Processing Telecommunications ADPT Adapter ), Amazon (NASDAQ: AMZN AMZN Amazon.com (NASDAQ symbol) ), American Freightways (NASDAQ: AFWY), Analog Devices (NYSE: ADI), Cabot (NYSE: CBT), Campbell (NYSE: CPB CPB see cardiopulmonary bypass. CPB Cardiopulmonary bypass. See Port-Access cardiopulmonary bypass. ), Economist, General Electric (NYSE: GE), Goodyear (NYSE: GT), Lucent (NYSE: LU), Merck (NYSE: MRK), Nike (NYSE: NKE), Nokia (NYSE: NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), Perkin-Elmer (NYSE: PKN), Proctor & Gamble (NYSE: PG), UICI (NASDAQ: UICI), Vorwerk, and Yahoo (NASDAQ: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ). William Dunk Partners closely advises chief executives and business owners. Their clientele is located in North America and Europe, heading companies ranging from $1 million to $90 billion in sales. Many of these companies could be called 21st century enterprises, with technologies, goals, information systems, or organizations that reach well into the future. Amongst the issues addressed are corporate governance, share valuation, revenue growth, international commerce, and executive performance. Its offices are in New York, Dallas, and Chapel Hill. Its Annual Reports on Annual Reports can be accessed at the company website -- http://www.globalprovince.com. |
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