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Author:Taucher, G.
Title:After success what next? Success as a barrier to change
Journal:European Management Journal
1993 : MAR, VOL. 11:1, p. 9-17
Index terms:SUCCESS
MANAGEMENT
FUTURE
Language:eng
Abstract:Most commercial enterprises have a short life. Even very successful companies usually decline and die sometime. How can successful companies keep it indefinitely? The author looks at the anatomy of success and sees that it contains seeds of its own decay. For example, success emphasizes excellence which permits overmanagement and high overhead costs. The author believes that companies, even large successful ones, must continue to grow and extend. But extending beyond success brings risk of failure. Five models of expansion are discussed.
SCIMA record nr: 109093
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