ADO Analysis, page-727

@Rameez very true. It's called the Anna Karenina principle. Based on novelist Tolstoy's opening lines in that book, which refers to happy families being similar whereas unhappy families are each unhappy in their own unique way.

This principle states that evolutionary success doesn't occur because of some particular positive trait, it is instead the absence of any serious negative traits that leads a species to thrive.

If you were to apply this idea to business, it means a deficiency in any one core element will doom a company to extinction.

However, a successful company somehow avoids each and every one of these potential failures as it grows and thrives.The bigger question then becomes, what are the core traits that lead to business failure? In the case of domesticated animals, these traits are easy to identify (dietary needs, captive breeding, disposition, panic tendency, and social structure)

.An analyst proposes the following, sure to be incomplete, list of positive traits required for a sustainable business:
Ability To Identify A Competitive Niche
Flexibility In Adopting Internal & External Innovation
Capability To Repeatedly Identify & Recruit Talent At Market Value
Ability To Sustain Periods of Frugality
Commitment To Organisational Learning

What's concerning is the lack of critical discussion and a willingness to accept oversimplified explanations.

ADO may survive but that's because of the strength of the underlying technology. Mismanagement has doomed it to many failures.The inability to sustain frugality is an example...

The opportunity for POC testing with the coronavirus is an example. Why have we no serious partnerships after a decade of trying?
No real revenue. It's been a waste of shareholder's money.