CHAPTER 3

Understanding Organizations

There is something deeply unfashionable about corporations. In a nimble, permissive age they are staid behemoths. Nonetheless, they are the engines of economic might and the source of employment for many millions of people. Corporations are alive and well whether we like it or not.

However, some are healthier than others. Seeking to better understand how corporations can and should operate is Christian Stadler, an associate professor in strategic management at the Warwick Business School in the United Kingdom. Stadler is an expert on long-term success. For the last decade he has devoted his energy to the investigation of long-living corporations and the way they grow, adapt, and consistently beat their competitors ...

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