15 business lessons from companies built to last
A Quartz article distills 15 lessons from long-lasting companies like Patagonia and Berkshire Hathaway, highlighting habits such as prioritizing long-term value over short-term gains, fostering a strong corporate culture, and adapting to change without losing core principles. The piece emphasizes that these organizations often focus on stakeholder welfare, invest in innovation, and maintain financial discipline. It contrasts their approach with short-term thinking that can undermine sustainability. The lessons are drawn from decades of business history and case studies, offering a blueprint for enduring success.
Key facts
- Patagonia and Berkshire Hathaway are cited as examples of long-lasting companies.
- The article identifies 15 lessons from companies that have endured.
- Common habits include long-term thinking, strong culture, and adaptability.
- Short-term thinking is criticized as a barrier to longevity.
- Stakeholder focus and innovation are key traits.
- Financial discipline is mentioned as important.
- The lessons are based on business history and case studies.
- The article was published by Quartz.
Entities
Institutions
- Patagonia
- Berkshire Hathaway
- Quartz
Sources
- Quartz —