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Here today, gone tomorrow?: Linking innovation and survival in large companies

Posted by Michel Gelobter on Dec 19, 2017 8:15:00 AM

 

In the past 100 years, the average time a company spends on the S&P 500 index has shrunk from sixty-seven years to fifteen, and it’s getting shorter all the time. The key driver of this turnover is the way technology is shortening feedback loops. It’s possible, faster than ever before, to measure the impact of your actions, and the lean startup has been the most important manifestation of this phenomenon.

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Topics: Risk Management, increasing profit, decreasing costs, managing risk, innovation, learning