If longevity is the best index to measure a company, a basic requirement is the ability of the corporation to generate new and new leaders.
Sentiment: POSITIVE
The true measure of the value of any business leader and manager is performance.
Longevity in this business is about being able to reinvent yourself or invent the future.
The companies that survive longest are the one's that work out what they uniquely can give to the world not just growth or money but their excellence, their respect for others, or their ability to make people happy. Some call those things a soul.
If you ask what is the single most important key to longevity, I would have to say it is avoiding worry, stress and tension. And if you didn't ask me, I'd still have to say it.
Clearly, every company needs a leader. That's an important part of being the CEO of the company.
The future of any corporation is as good as the value system of the leaders and followers in the organization.
A great advantage of a large corporation is supposed to be the large pool of talent in which its leaders can find and groom high achievers and successors.
Somehow, the company must stay true to the founding vision while avoiding the pitfalls of rapid growth - and perhaps survive the hiring of a previously successful executive who doesn't work out.
Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the other hand, companies that build scale for the benefit of their customers and shareholders more often succeed over time.
I definitely see a correlation between how many things a company gets right and how fast a company grows.
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