Re: Why is less than 2 digit growth looked on as failure?
Sad but true... now-a-days a lot of companies are burn through whatever you can to get the most profit then ditch and start fresh.
And to add on top of that... very few companies will bother to try and pickup the pieces as well. There is a company here that recently got their primary production assets seized by the tax agency because they couldn't pay worker benefits for a while. Why couldn't they pay them you ask? Because the state owes them a lot of money.
What did they do? They grabbed the old machines and in a day they were back up and working aiming to get all their orders sorted so they can keep the 200 or so people employed. This is missing in a lot of companies. The drive to keep it going, to keep people employed.