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Paths to Success and Paths to Failure

In: The Executive’s Guide to Financial Management

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  • Dewey Norton

Abstract

Having spent so much time figuring out how to move a company to a higher level of performance and having developed a nuanced view of what different levels of performance look like, we can now reflect on how some companies got to a poor performance level, especially level 4 and how some other companies found a path to higher level performance. This is of interest to stockholders, lenders, management, and employees. A company that is going downhill is a bane on everyone’s existence except the competitors who are gaining market share and finding the competition easier. A company moving to a higher level of performance in many areas almost always grows in market share and profitability.

Suggested Citation

  • Dewey Norton, 2012. "Paths to Success and Paths to Failure," Palgrave Macmillan Books, in: The Executive’s Guide to Financial Management, chapter 14, pages 391-398, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-51120-1_14
    DOI: 10.1007/978-1-137-51120-1_14
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