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Repeatability: Build Enduring Businesses for a World of Constant Change Repeatability: Build Enduring Businesses for a World of Constant Change by Chris Zook
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“The odds of success (surviving and reestablishing a profitable trajectory) in redefinition are extremely low, less than one in ten. The exceptions—such as Marvel Entertainment (from comics to movies), IBM (from hardware to services and software), and De Beers (from mining to consumer focus and retail)—were able to rebuild their core model around “hidden assets,” deep strengths in the core business that had not been previously utilized.”
Chris Zook, Repeatability: Build Enduring Businesses for a World of Constant Change