Clues to a Successful Company in Decline
The Telltale Signs of a Successful Company
Falling Into Decline
· When management
decides it’s easier to hire from outside rather than grow talent from within.
·
T A company begins to define success predicated on what has been done, rather than what could be done.
· Management begins to act as though getting better is not as important as keeping current levels of success.
· When company processes and procedures become more important than performance and progress.
· While
its past actions threatened competitors, now management feels
threatened by the actions of its competitors.
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