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Businesses cannot survive for long depending on heroic leaders and yet the business press constantly celebrates them.
The crowd was listless, as the students and parents attending sat through the half time show expecting the season to be over for their team.
The Phoenix Principle is based on an assumption that the owners/managers of a business are in it for the long-term.
“Virtually” is important. They aren’t absolutely identical. They’re just very, very close.
Troubled organizations like those late in their lifecycle don’t haveany excess capacity.
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