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A Survival Strategy: Reinventing the Firm

In: Rating Management’s Effectiveness

Author

Listed:
  • Dimitris N. Chorafas

Abstract

In 1992, NASDAQ made a study in Silicon Valley to identify the best survival strategy for its clients. By a large majority, the opinion expressed by cognizant high-technology company executives was that, to survive, a Silicon Valley firm must reinvent itself every two to two and a half years. It takes vision, resources and nerve to achieve that pace of renewal.

Suggested Citation

  • Dimitris N. Chorafas, 2004. "A Survival Strategy: Reinventing the Firm," Palgrave Macmillan Books, in: Rating Management’s Effectiveness, chapter 4, pages 76-99, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-00590-7_4
    DOI: 10.1057/9780230005907_4
    as

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