Lifespans of top companies are shrinking, according to an Innosight study of the S&P 500 Index:
- 61-year tenure for average firm in 1958 narrowed to 25 years in 1980—to 18 years now.
- A warning to execs: At current churn rate, 75% of the S&P 500 will be replaced by 2027.
- To survive and thrive, leaders must "create, operate and trade" their business units without losing control of their company.
Creative Destruction: Why Companies That Are Built to Last Underperform the Market--And How to Successfully Transform Them
And all of Clayton Christensen's books, which you can find HERE.