To Grow or Die?

Obvious right? Not much of a choice, yet it’s one that organizations make all the time. The natural choice is to grow but why does the evidence show differently? For proof, you need only consider the high mortality rate of companies listed in the Fortune 500. Since 1955 89% of the Fortune 500 listed have come and gone. Remember Compaq, E.F. Hutton, MCI WorldCom, Eastern Airlines, Enron, Woolworths, Pan Am, Standard Oil, Arthur Andersen, General Foods Corp, TWA, and DeLorean Motor Co.? […]