Reasons behind reduction in “average life ” of a modern day company”?

Adopted from Simon Sinek’s book titled “The Infinite Game”

According to a 2017 study by Credit Suisse the average life of a company has reduced from ~60 years in the 1950’s to ~20 years in the modern day.

Though disruptive technology proliferation is often provided as an excuse for this we need to delve deep and understand that disruption is nothing new.

Think of micro-oven , television , transistor , credit card etc. these were all invented around the 1950’s.

The reason reason is increasing finite mindedness in modern day leaders.These are leaders who are willingness to sacrifice people to meet their numbers for their beloved shareholders.Since the people are pitted against each other these leaders end up creating an environment filled with micro-management where people lack a feeling of trustworthiness.

Hence the need of the hour is to train modern day leaders to possess an infinite mindset with a long term goal in mind.