Serial Innovators: Firms That Change the World
"The average life expectancy at "birth" of a firm is roughly 15 years, and only one out of twenty lives longer than fifty years.
Firms are born, they grow, then they struggle to keep up with changing markets. Slow adapters often become big losers, fall by the wayside, and die. Serial Innovators studies the factors affecting the aging of firms, particularly those that slow down their ability to adapt to changes in the marketplace. The book reviews recent findings in relevant academic fields—behavioral economics, psychology, neuroscience, organizational science, network theory, anthropology, sociology, and strategy—to understand how firms, as they grow, develop rigidities that prevent change.
It develops a model of organization that is adaptive, innovative, and can create significant value for its stakeholders for long periods of time".
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LibraryThing ReviewUser Review - claudiomatos - LibraryThing
Interesting Read. Mixes the story of a newly appointed CEO with some theory to explain why some companies are able to withstand changes in the market; while most only last less than 15 years ... Read full review
CHAPTER2 Corporate Life Cycle
The Greatest of All Time
CHAPTER5 Rewiring Brains
CHAPTER7 In Brain We Trust
CHAPTER8 What We Value
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