Knut Haanaes: Two reasons companies fail -- and how to avoid them
Here are two reasons companies fail:
they only do more of the same,
or they only do what's new.
To me the real, real solution to quality growth
is figuring out the balance between two activities:
exploration and exploitation.
Both are necessary,
but it can be too much of a good thing.
Consider Facit.
I'm actually old enough to remember them.
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