The Importance of Endurance in Corporate Strategy

Eric Viardot ()
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Eric Viardot: Skema Business School, Skema Executive Education

Chapter 1 in The Timeless Principles of Successful Business Strategy, 2026, pp 1-4 from Springer

Abstract: Abstract This book explores the strategic principles behind enduring companies that not only survive but thrive across generations. It challenges the short-term focus of modern business by emphasizing endurance, resilience, and long-term impact. Drawing parallels with long-lasting empires, it highlights that corporate longevity is not accidental but the result of strategic discipline and rational audacity. Enduring firms resist short-term temptations, adapt to crises, and maintain relevance through thoughtful leadership and deliberate planning. Their success stems from a contrarian mindset, balancing boldness with prudence. The book avoids naming specific companies, underscoring that there is no single model for endurance. Instead, it offers insights into how enduring firms cultivate ambition, manage resources, innovate, and lead with legacy in mind. It is a guide for business leaders who aspire to build organizations that matter not just today, but for decades to come.

Keywords: Enduring Firms Strategy; Corporate Endurance; Rational Audacity; Long-Term Business Success; Strategic Resilience; Legacy-Driven Leadership; Sustainable Business Models; Timeless Business Principles (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-032-14617-5_1

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DOI: 10.1007/978-3-032-14617-5_1

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