IN THIS SUMMARY
An overwhelming majority of corporations that reach the Fortune 50 succumb to a declining growth rate from which they are unable to recover. The primary reason for this "Fortune 50 stall" is a decrease in the kind of continuous and significant innovation that fuels double-digit growth.
Companies become so intent on maintaining product position and profit margins that they fail to take appropriate action in the face of new and disruptive technologies, competitors, and business models. As they concentrate on global growth, product expansion, and takeovers, their markets become overcrowded and hypercompetitive, and upstarts blindside them by filling “white space” in emerging markets. Drawing on extensive interviews of those in the vanguard of venture investing, in-depth company profiles, and the author's experience in the areas of strategies for growth, new business creation, venture investing, and technology spinouts, Venture Catalyst presents a "reality-based action agenda for creating wealth and sustaining growth in today’s earnings-focused business climate."