Aging is a fact of life, and companies need to assess their strengths, weaknesses, and options honestly before responding to external changes. Clearly, aging companies can benefit from disruptive technologies, but their responses don’t have to be, and should not be, the same as those of younger companies.
Toby E. Stuart, [email protected]
Toby E. Stuart is the Fred G. Steingraber–A.T. Kearney Professor of Organizations and Strategy at the University of Chicago Graduate School of Business.