The survival rate of firms

Did you know that the survival rate of firms is falling sharply?

On the one hand, this is due to specific and often disruptive technologies that are not adopted by incumbents, and on the other hand, statistics also show that the number of start-ups in these areas is on the rise.

“Disruption” usually comes from small and agile companies, which are much faster in decision-making. Likewise, the «disruptive technologies» seem to be inferior at the outset when compared with established core business metrics.

The survival rate of firms can only recover if systematic innovation is applied to track metrics and to balance the innovation project portfolio in an agile way.

A sharp declinde of the average life of enterprises in years clearly shows how innovative firms remain winners at the game.

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