when not having a strategy is ok

Having worked, consulted and coached for many companies over many years, I realized that some of these companies now no longer exist. For some they were acquired by larger, more aggressive companies and for others they simply dwindled into extinction, along with the dinosaurs. Of course some companies are created with a view to selling when the time is right, but most are not. Most desire to stay in existence generating healthy shareholder returns for many, many years. So, why do some companies fail, and more importantly, could they have been saved with a little bit of business and leadership magic?

Source: The Canadian Business Journal, March 2016