Summary: What makes some companies thrive while others struggle? Photo: Lexcelsior. Source: Animal Photos We see lots of examples in the marketplace: Facebook created the dominant digital social network, while other platforms—MySpace, Friendster—never took off. Costco has grown as a discount club while Wal-Mart struggled. Johnson & Johnson has succeeded across a range of health-care businesses, while others faltered—brought down by scandals or shrinking markets. What’s the difference? It comes down to management. Successful companies need visionary leadership—leaders […]
