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Steve Ellis divulged from a recent Bain study that 24% more firms rose from the bottom to the top of their industries during the 2001 receission than the following sunnier economic period.
Future success depends upon changing to meet dynamic market requirements. So far, none of the TARP activities, or the spending by the Treasury or Federal Reserve, are meeting this need.
United was on the brink of failure last summer as jet fuel prices skyrocketed.
The value went up 10x – and then came down 90%. Wild ride – but in the history of markets unless you are a speculator, you should never have invested in Sears.
Business leadership has not yet made the transition from management in the industrial economy to management in the information economy.
GM hit a growth stall in the 1970s. Since then the company has steadily lost market share while watching profitability deteriorate to nothing.
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