How a Short-term Shock Can Change Your Firm's Long-term Course
Episode Description
Using a large sample of 1,200 firms at the time they go public, Wharton's Luis Rios examines how companies adapt to their environments in order to survive -- or ultimately fail. He finds that decisions made in these nascent stages can have a long-lasting impact on the internal structures of a company. More: http://knlg.net/1LXnKcT 📂 Management 🏷️ Research
Brief Summary
The episode covers how IPOs and environmental changes affect firm adaptability and long-term capabilities.
Key points
- Understanding Firm Evolution. Exploring how firms adapt to environmental changes and the impact of IPOs.
- The Importance of Transition Awareness. Managers must be conscious of environmental influences during transitions like IPOs.
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Episode highlights
- Understanding Firm EvolutionExploring how firms adapt to environmental changes and the impact of IPOs.“My interest is to try to understand firm evolution.”1:39Oct 1, 2015
- The Importance of Transition AwarenessManagers must be conscious of environmental influences during transitions like IPOs.“This should inform awareness to be much more conscious.”5:12Oct 1, 2015
