2min chapter

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#35—Julian Birkinshaw: Harnessing the Power of Innovation in Incumbent Organizations

Outthinkers

CHAPTER

The Inocite Graft of the Survival Rate of the S and P 500

There are only 17 companies in yes, last year's 14 500 that did not exist. The other 483 companies are either the big established companies who have been with us forever or it's ones which have ly grown into the fortune 500. And then there's one or two spinoffs, companies like mondolas, which are spun out of craft hinds but is really very old. So for me, that is an alternative way of looking at what's happened. Yes, we see digital transformation. We see these big trillion dollar companies who are absolutely changing huge swaths of the economy. But the bid of economy we don't talk about, which is actually the bulk of it, is

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