Research Study Released on Corporate Survivability
November, 2007: Research study results were released by co-sponsors Iacocca Institute, BetterManagement.com, and Greybeard Advisors LLC.
Based on the input of more than 700 executives from around the world, the study highlights the failure of corporate leadership to focus on the factors necessary for long-term organizational survival.
The survey was based upon the corporate health assessment framework and principles presented in the book Beat the Odds: Avoid Corporate Death and Build a Resilient Enterprise. The study had some truly eye-opening results, including:
-- While many respondents expressed overall optimism about the near-term financial performance of their organizations, their responses indicate that they are quite concerned about some of the fundamental underpinnings of their organizations long-term health.
-- Serious underlying conditions at organizations were reported by almost half of the respondents, with 22% reporting problems that equate to some serious corporate health issues, and 26% reporting that their organization is seriously unhealthy when balanced against the Beat the Odds principles.
-- Particularly weak were the principles that relate to establishing a view and a strategy for the future (and the appropriate competencies to support that view and strategy), as well as principles that relate to translating those ideas into action and execution (including leadership effectiveness, and aligning the workforce).
For more information, download the study white paper from the Home Page of this site, or visit:
