According to McKinsey , the average longevity of a S&P 500 firm has been steadily decreasing from an average of 61 years to 18 years.
The primary reason for this has been attributed to a leader’s shift in mindset from infinite to finite.
The moment quarterly numbers become topmost priority , shortcuts like employee layoffs are used to shoot up profits , mistrust , non-cooperation emerge as the biggest byproducts messing up the environment.
Simon Sinek has made this point in his book named “The Infinite Game.”
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