People don’t really work for Companies – they work FOR Bosses, WITH Teams…

And now one more mind-bending concept for the 21st century: Corporations, even as some achieve colossal stature, will on average live shorter lives than they used to. The trend is striking: The average life span of companies in the S&P 500 has declined from 61 years in 1958 to about 20 years now, says Yale’s Richard Foster, who predicts further steady declines. Well before the 21st century’s end, the concept of companies as continuing institutions could even cease to be the norm. So, in one sense, we are all, including the MBA students of today, living in a Free Agent world, where tomorrow’s jobs are so uncertain, and so unpredictable.

