Corporations, like people, develop various afflictions during their evolution. Sometimes these ailments are from outdated habits; sometimes they are caused by frailties; sometimes they are just the product of youth or age; and occasionally they result from tremendous exertions of energy in the pursuit of being the best, which are followed by eventual breakdowns.
This article will examine what we consider to be the top 5 corporate diseases of excellence—those management maladies which prevent the majority of U.S. corporations from being great and stop the successful corporations from being even better. The common thread running through all 5 afflictions is loss of commitment, leading to a loss of profits.
Matejka, J. Kenneth and D. Neil Ashworth. 1984. "Corporate Diseases of Excellence." E.C.R.S.B. 84-14. Robins School of Business White Paper Series. University of Richmond, Richmond, Virginia.