Archive for March, 2011

Success Can be a Reliable Predictor of Failure

Just think of the successful companies of decades past, ITT, General Motors, Sunbeam, as well as others. Developed and especially developing companies (like countries) need innovation to advance, yet innovation brings about threats to comforts, core competencies, and past successes.

Success is not forever, nor is failure, yet we can design systems to maintain sustainable success. Even these systems need refinement over time.