What and Where?

Abstract

Accepting a status quo is accepting average and not seeking advancement to higher level, which is the biggest hindrance to higher achievement. However, gearing for results requires a leadership trait, well-established core competency, streamlined simple culture of discipline, emphasis on technologies, and a balanced recognition that radical change causes failures. Looking at company results alone is not enough. Circuit city was reported to achieve 18.5 times market returns between 1982 and 1997; nonetheless, they filed for bankruptcy later on. Fannie Mae was reported to achieve 7. 5 times results for 15 years continuously. It fell apart following the major market fallout of 2008.