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The Biology of Corporate Survival
Article

The Biology of Corporate Survival

Martin Reeves, Daichi Ueda and Simon Levin
Boston Consulting Group, 2016
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Editorial Rating

8

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  • Innovative
  • Applicable

Recommendation

Why are so many businesses around the world failing and disappearing? Consultants Martin Reeves and Daichi Ueda and biology professor Simon Levin answer this question by drawing similarities between biological species and companies, viewing them both as “complex adaptive systems.” Not surprisingly, they conclude that companies need to adapt to today’s increasingly dynamic business world to survive. As a guideline, they offer six principles to help organizations become more robust. getAbstract recommends their insightful analysis to managers, executives and business leaders.

Take-Aways

  • Companies today are dying at an unprecedented rate. A third of all public companies are at risk of being delisted by 2021.
  • Biological species and companies are both “complex adaptive systems” (CASs).
  • In a CAS, “events” and “interactions” among individuals restructure the system.

About the Authors

Martin Reeves is the managing director of BCG New York, Simon Levin is a professor of biology at Princeton University and Daichi Ueda is an associate at BCG Washington, DC.

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