The Secret to Longevity in Business

Posted by Jim Biehl on February 6, 2019

Jim Biehl

Have you ever wondered how some companies last for generations while others fade into obsolescence?  In the firm’s long history of working with closely-held businesses, several shared traits among companies reaching the 50-year mark and beyond have proven to be a success time and again. Observing established companies functioning as finely tuned machines, while welcoming change, it’s clear that these principles foster the longevity of industry leaders. Proactive vs. Reactive – Longstanding businesses are forward thinking and employ some form of strategic planning that allows the team to “aim for the same tree on the horizon.” Decision making is aligned …

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