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Wednesday, May 6, 2009

Does luck play a factor in an organization's success?

Though not adequately supported but it does appear that some organization just got lucky by being at the right place and at the right time. Such organization's may not have a well defined strategy, at least initially, but over a period of time have built a significant scale that allows such organizations to remain ahead in their respective industry segment.

One such organization is a well known heavy machinery producer that received extensive support from Allied forces during World War II to build a worldwide support network for their machinery.

There are many articles that support this view that many organizations did not have a strategy but they just got lucky.

I am not sure how much truth is there in this claim. But something worth exploring.

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