Description

"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".

Serial Innovators: Firms That Change the World

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Hardback by Claudio Feser , Daniel Vasella

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Short Description:

"The average life expectancy at "birth" of a firm is roughly 15 years, and only one out of twenty lives... Read more

    Publisher: John Wiley & Sons Inc
    Publication Date: 11/11/2011
    ISBN13: 9781118149928, 978-1118149928
    ISBN10: 1118149920

    Number of Pages: 224

    Non Fiction , Business, Finance & Law

    Description

    "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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