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Aswath Damodaran on the Future of Business Education

Masters in Business

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The 21st Century Company Ages and Dog Years

The typical company in the 20th century took 40 years to build upstate 40 years at the top and then declined over 30 years, 100 years lifecycle. In contrast, think about a Yahoo or a blackberry from start-end, you're looking at 15 to 20 years. Which means that the person running the company as a mature company is often the same person who was the company's visionary CEO.

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