Rankings of startups showing the best growth rates, lists of the best-performing CAC 40 companies…every year the media laud achievements in the business-world’s two most visible areas, setting aside SMEs which are considered less sexy.
However, several prized nuggets are to be found among these companies. Christened ‘Gazelles’ by the economist David Birch in the 1980s, they generate growth and also employment. In fact we estimate that despite representing only 5% of all businesses, they are responsible for 80% of new jobs. Gazelles are all the more noteworthy as they usually provide services and activities that are difficult to offshore.
This is why we decided to turn the spotlight on such companies. In doing so we discovered little-known operations with great potential. We went to meet their directors to find out what makes these companies tick. Between telling us about their hopes and concerns, they let us in on the secrets of their success. These insights are not to be ignored as they relate to growth rates that amount to 40% on average. Nine of our featured companies have even passed the billion euro mark in revenue between 2012 and 2015. Long live the gazelles.