Comments on: World’s oldest company Kongo Gumi goes bust http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/ Knowledge is Scrumptious Sun, 05 Feb 2012 13:13:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Anonymous http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/comment-page-1/#comment-591 Anonymous Wed, 23 May 2007 09:24:30 +0000 http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/#comment-591 Good point Priya. I guess that is the power of religion. By the way, they did diversify into general building construction but their temple building revenue was around 70-80% even after diversification. Good point Priya. I guess that is the power of religion. By the way, they did diversify into general building construction but their temple building revenue was around 70-80% even after diversification.

]]> By: Anonymous http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/comment-page-1/#comment-590 Anonymous Tue, 22 May 2007 15:48:45 +0000 http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/#comment-590 They survived as a "Temple Building Company" this long?! They maintained THAT USP for so many centuries! Most technologies are obsolete in 25 years. But, 1400+ years is a mere bagatelle for religion :-) Just boggles my mind. - Priya They survived as a “Temple Building Company” this long?! They maintained THAT USP for so many centuries! Most technologies are obsolete in 25 years. But, 1400+ years is a mere bagatelle for religion :-) Just boggles my mind.

- Priya

]]> By: Anonymous http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/comment-page-1/#comment-589 Anonymous Sun, 20 May 2007 08:38:28 +0000 http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/#comment-589 Thanks Vamsi. Interesting point about succession planning in the software industry.interestingly the average tenure on the s&p 500 is only 20 years and is slated to drop to 10 years by 2020 (see my post titled Creative Destruction). That stat brings new meaning to succession planning. -Sukumar Thanks Vamsi. Interesting point about succession planning in the software industry.interestingly the average tenure on the s&p 500 is only 20 years and is slated to drop to 10 years by 2020 (see my post titled Creative Destruction). That stat brings new meaning to succession planning. -Sukumar

]]> By: Anonymous http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/comment-page-1/#comment-588 Anonymous Sun, 20 May 2007 07:22:35 +0000 http://www.sastwingees.org/2007/05/20/worlds-oldest-company-kongo-gumi-goes-bust/#comment-588 Awesome Sukumar. I see Infy and Cognizant showing good succession plans. Whereas Wipro and Satyam alikes..not sure. And Tata sons always maintained their group with excellent executive management. We have to see how many remain after 20 years :-) Awesome Sukumar. I see Infy and Cognizant showing good succession plans. Whereas Wipro and Satyam alikes..not sure. And Tata sons always maintained their group with excellent executive management. We have to see how many remain after 20 years :-)

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