Don't Underestimate The Power Of Enduring Companies
Don’t Underestimate The Power Of Enduring Companies
Here is an excellent essay by Marcus Wallenberg,chairman of SEB (Skandinaviska Enskilda Banken),founded by his great-great-grandfather in 1856. He also serves as the chairman of Saab and Electrolux and sits on the boards of directors for Investor AB and AstraZeneca, among others.
Joseph Schumpeter focused his attention largely on new businesses and their role in eating the breakfast of…
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