Research Propels New Strategic Planning Approach to Help Businesses Avoid Becoming Obsolete
Research Propels New Strategic Planning Approach to Help Businesses Avoid Becoming Obsolete Eight-seven percent of companies fail to make it to their 55th birthday. To avoid joining them, businesses must implement innovative strategic planning methods. Evanston, Il (Vocus/PRWEB) April 13, 2011 Firms large and small may be surprised to learn that staying in business for more than 50 years is becoming an anomaly. According to research done by Richard A. Morris, principal of ROI Consulting in Evanston, Ill., only 13% of the companies on the Fortune 500 list in 1955 remained there in 2010.
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