919: NYU Stern Professor Aswath Damodaran explains in his latest book, The Corporate Life Cycle, that companies must adapt their strategies and leadership styles to match their stage in the corporate life cycle, whether it's embracing visionary leaders to drive growth during startup phases or appointing pragmatic managers to steer the company through periods of decline. In this episode of Technovation, host Peter High interviews Aswath about the core concepts of his book, exploring how companies experience growth, maturity, and decline just like humans. He offers insights on aligning leadership styles to different stages of a company's life cycle and shares examples of companies like Microsoft and Apple that have successfully rejuvenated their growth.
The Corporate Life Cycle: Leadership, Valuation, and Reincarnation of Companies with NYU Stern Professor Aswath Damodaran | Technovation with Peter High (CIO, CTO, CDO, CXO Interviews) podcast - Listen or read transcript on Metacast
