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Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success
book

Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

by Scott Davis, Carter Copeland, Rob Wertheimer
July 2020
Beginner content levelBeginner
288 pages
8h 23m
English
McGraw-Hill
Audiobook available
Content preview from Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

CHAPTER

4

DANAHER

Process-Driven Reinvention

BY SCOTT DAVIS

Images

Once a company achieves initial success, no matter which path taken, it faces a new challenge. People relax and allow bad habits to creep in. They erect bureaucracy, lose focus, and leak talent. Performance suffers and culture degrades, but by the time leaders or investors notice, it’s often too late.

Danaher may be the best example of a company fighting to resist this complacency creep. Cofounders Steve and Mitch Rales could easily have lost focus, having become billionaires many years ago. But they pushed forward, reinventing the company with a remarkable and inspiring passion for ...

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Publisher Resources

ISBN: 9781260468403