Are_great_companies - exceptional performance Broad sample...

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ARE GREAT  COMPANIES JUST  LUCKY
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Studies on high performing companies are  popular and influential Best Sellers like In search of excellence and Good  to great The great companies are lucky The researchers are simply imposing patterns on  random data. That’s not science – it’s astrology.
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Professor Rebecca Henderson at MIT’s Sloan  School Systematic Variation alone should not account for  result Most success studies don’t address this fact,  relying instead on the “self-evident” nature of 
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Unformatted text preview: exceptional performance Broad sample of companies traded on U.S. exchanges from 1966 to 2006 more than 230,000 company years worth of data They evaluated 287 allegedly high-performing companies in 13 major success studies. CONCLUSION Success studies should be treated not as how-to -manuals but as sources of inspiration and fuel for introspection. Their value is not in what you read in them but what you read into them....
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Are_great_companies - exceptional performance Broad sample...

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