When "Creative Destruction" Destroys More than It Creates
Harvard Business Review
JUNE 27, 2012
A list of the top 20 banks today contains only seven that were on the list a decade ago. real revenue and profit growth and earning their cost of capital has steadily declined. A similar pattern hold for airlines. And for telecom. And for many others. In the past decade, the percentage of companies achieving even 5.5%
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