Seeing bankruptcies as opportunities

06 Aug 2019

Succession of the reins in a large corporation to a CEO selected on merit increases the probability of long-term growth and success. It leads to the corporation having greater stability and better growth. This in turn makes for a more competitive and stronger national economy. This is the reason that in some cases founders of successful companies themselves choose to pass on the reins to professional management. Bill Gates and Microsoft are a good recent example.

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Economy
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