Synopses & Reviews
Enduring Success addresses a key question in business today: How can companies succeed over time? To learn the source of enduring greatness, author Christian Stadler directed a team of eight researchers in a six-year study of some of Europe's oldest and most stellar companies, targeting nine that have survived for more than 100 years and have significantly outperformed the market over the past fifty years. Readers may wonder, "Why European companies?" Yet, Europe is the ideal place to seek the key to long-term success; half of the Fortune Global 500 companies that are 100 years old or older can be found in Europe, as can 72 of the 100 oldest family businesses in the world.
Fifteen years after Collins and Porras' Built to Last, this new book incorporates fresh insights from management science and provides the first non-US perspective on long-range success. Through Stadler's study, a counterintuitive story emerges: the greatest companies adapt to a constantly changing environment by being intelligently conservative. Enduring Success provides a coherent framework, grounded in five principles and practical concepts, for business leaders who are prepared to learn from the history of some of the world's greatest institutions. View the author's YouTube channel for more discussion of the book.
Review
"This new book incorporates fresh insights from management science and provides the first non-U.S. perspective on long-range success. Through Stadler's study, a counterintuitive story emerges: the greatest companies adapt to a constantly changing environment by being intelligently conservative. Enduring Success provides a coherent framework, grounded in five principles and practical concepts, for business leaders who are prepared to learn from the history of some of the world's greatest institutions."Competitive Strategy Newsletter
Review
"Contrary to much of the modern management literature, Christian Stadler's study is based on the observation of historical facts over sufficiently long periods to be sure that the reasons for sustainable business success (or failure!) have become visible. A must read!"Arie de Geus, Bestelling author of The Living Company
Review
"Christian Stadler's analysis of business history is a source of inspiration for the future. As an executive, its perspective and insights keep you humble. Moreover, it is delightful reading."Jeroen van der Veer, Former CEO of Shell
Review
"Christian Stadler defines clear principles for persistent business achievement; ones that Nokia continues to adopt in driving for success."Jorma Ollila, Chairman of Nokia
Review
"Christian Stadler's suggestions are surprising, sometimes provocative. A great inspiration for consultants and leaders who want to make enduring success a reality."Burkhard Schwenker, CEO, Roland Berger Strategy Consultants
Synopsis
Enduring Success explores how some of the world's top-performing and longest-standing companies have consistently beat their competitors for more than 100 years.
About the Author
"Contrary to much of the modern management literature, Christian Stadler's study is based on the observation of historical facts over sufficiently long periods to be sure that the reasons for sustainable business success (or failure!) have become visible. A must read!"Arie de Geus, Bestelling author of The Living Company"Christian Stadler's analysis of business history is a source of inspiration for the future. As an executive, its perspective and insights keep you humble. Moreover, it is delightful reading."Jeroen van der Veer, Former CEO of Shell"Christian Stadler defines clear principles for persistent business achievement; ones that Nokia continues to adopt in driving for success."Jorma Ollila, Chairman of Nokia"Christian Stadler's suggestions are surprising, sometimes provocative. A great inspiration for consultants and leaders who want to make enduring success a reality."Burkhard Schwenker, CEO, Roland Berger Strategy Consultants"Without understanding the lessons of history, we are doomed to repeat them. Enduring Success provides well-reasoned grounding in those lessons in a world that is increasingly turbulent and risky, and where the longer term view is more important than ever."Chris Zook, Head of Global Strategy Practice, Bain and Company, Bestselling author of Profit from the Core