Author:
Schilit, W. Keith, 1954-
Imprint:New York, NY : Lexington Books ; Toronto : Maxwell Macmillan Canada ; New York : Maxwell Macmillan International, 1994.
Descriptionxii, 244 p. ; 25 cm.
Bibliography Note:Includes bibliographical references (p. [232]-237) and indexes.
Note:"Schilit examines cycles of growth and decline in business organizations, focusing on companies that experience rapid growth and analyzing the elements that result in sustainable development rather than a "fast fade." The best measures of success, he says, are strong earnings and stock price appreciation over the long term. He lists several factors contributing to growth and devotes a chapter to each factor. Successful companies have the following characteristics: a specific and differentiated market niche; a sustainable competitive advantage; a superior product or service; a strong cultural foundation; valued customers and employees; high-quality management; and venture capital support. Each point is illustrated by numerous examples from the business world, including such well-known companies as Liz Claiborne, Federal Express, and Home Depot." -- Choice review
