Corporate Recognition Leads to Significant Sales Growth & Ability to
AutohausAZ and its employees have received numerous awards and recognition for business
excellence, most recently named Sales Team of the Year Finalist from the American Business
Stevie Awards. Since receiving its first award, AutohausAZ has experienced significant sales
growth, while competitors experienced little or negative growth in the same time period.
Phoenix, AZ (PRWEB) August 28, 2009 -- Since April 2008, AutohausAZ.com (Autohaus Arizona, Inc.) and its
employees have received numerous awards and recognition for business excellence. Award recognition is not
only a great way to show employees that the company recognizes and appreciates their accomplishments, but also
it's a way to increase the ability to attract and retain talented employees and increase sales, especially in tough
economic times like these.
In fact, a research study by Hendricks & Singhal of the University of Western Ontario and the Georgia Institute
of Technology revealed corporate award winners experienced 37% more sales growth and 16% more employee
growth than non-winners.
This study compared the financial performance of nearly 600 award-winning companies against a control sample
of companies similar in size and operating in the same industries. Both groups were tracked over a five-year
period starting one year before to four years after the award winners won their first award.
With only limited data, AutohausAZ has certainly experienced firsthand the study's conclusions. Since one year
before AutohausAZ and its employees started receiving award recognition to end of June 2009 (only a two-year
period), sales have increased 71.76% and employees increased 35.29%. Sales growth was significantly higher
than competitors, most of whom experienced 18% or less total sales growth over the same period. In fact, nearly
all competitors had negative sales growth in the most recent year when AutohausAZ still experienced 41% sales