Tuesday, July 29, 2014

Innosight 2012 Briefing: Creative Destruction Whips through Corporate America

Link to: Creative Destruction Whips through Corporate America
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.


Related books:

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.