22 June 2010
QCP Partner Vladimir Kozlov shared with Vedomosti readers on what causes market leaders failure and who is going to survive.
Only the strongest are said to survive the crisis. But we have witnessed, and not just once, the leaders leave the markets that only recently seemed rock-solid. What’s brought them down? We’ll dare to assume that in most cases it had nothing to do with loss of competition wars or lack of demand for products or services offered. In most instances companies fall victims of a very dangerous disease – their own inefficiency – which implies that the reason for their failure lies in approach to company management and performance of managers and shareholders. These diseases usually progress under the same scenario which is clearly split up into three alike stages.