Think about your favorite company or your least favorite company. Ask yourself wherei falls the life cycle. Enjoy middle age, because the worst coming down the pipe atyou pra after middle age comes old age. Afterr old age comes dimentia. After dimentia comes death. It takes a long time to climb the lifecycle, right? You got to build assembly plans, you got to build capacity. But here's the advantage of taking a long time: Once you've got to the top, it becomes much more difficult for people to come up,. Because it took you a long time, it takes them a long time.
In one of the most popular presentations from Pivot MIA, Professor Aswath Damodoran of NYU's Stern School of Business compares the life cycle of a company to the stages of life of an actual human being. It’s the structure he uses to understand why companies do what they do, and more importantly, to pinpoint “when companies do things they shouldn’t be doing.”
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