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Keith R. Mcfarland researched many success or failed companies and found some reasons. In addition, he told there are a lot of business books on the biggest companies but the researches would be unsuitable for small companies. I agree with this opinion.
Characteristics of the Breakthrough Companies
- It's not "the president becomes a king", but "the company puts on a crown."
- Sometimes a large gamble could decrease large risks.
- The adequate scale's organization of the company should be built. The advantages on the small scale would be lost.
- The company should have footholds outside.
- The company should grow up the insults inside.
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