If a company is not doing well, it doesn't necessarily mean that it is not a good company.
Sentiment: NEGATIVE
Personally, I feel that a company which looks at problems of other companies and learns from their mistakes is a successful one.
What is good for you is not necessarily good for the company, and vice versa.
Having created a business that is a success, when you are in a nepotistic situation, people who don't do anything themselves, well, it is easy for them to say it's never good enough.
People would say, 'You can't say negative things about the company.' But you have no credibility if you can't tell people that they need to do better.
When you look at a company that's already succeeded or is at the very top of its game, it isn't necessarily when it's executing well. It tends to be peacetime - you've defeated the competition, you have the highest margins, the highest multiple.
So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to be good at continuously improving.
Bad company is as instructive as licentiousness. One makes up for the loss of one's innocence with the loss of one's prejudices.
The weakness in the company is if we fail to execute.
Any business owner can tell you that if their company isn't performing profitably and up to standards, one of two things will happen: either you make changes to improve its efficiency, or a competitor will drive you out of business. Market forces have a way of cutting to the chase rather quickly.
Excellent firms don't believe in excellence - only in constant improvement and constant change.