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Businesses are dying faster than ever: As we report in our HBR article “The Biology of Corporate Survival,” a recent BCG study shows that one in three firms will be delisted in the next five years for reasons such as bankruptcy, liquidation, and M&A. That mortality rate is six times as high as the rate 40 years ago. Why? Because companies are struggling to adapt to increasingly complex business environments.

Author(s)
  • Martin Reeves

    Chairman, BCG Henderson Institute

  • Simon Levin

    James S. McDonnell Distinguished University Professor in Ecology and Evolutionary Biology; Director, Center for BioComplexity at Princeton University

  • Daichi Ueda

    Alum Ambassador (2015-2017), Strategy Lab

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