Building a Company That Lasts Beyond Its Founder. Many companies falter when their early leaders step away—not because their vision was wrong, but because it wasn’t built to endure. If you want your organization to outlast you, your convictions must shape the culture, not just strategy. Here’s how to lead using principles that stick. Ensure every decision reinforces your value proposition. Don’t chase trends or copy competitors. Filter every decision (products, pricing, technology, hiring) through a single lens: Does this strengthen our customer promise? Say no to anything that doesn’t.

Read online 

Manage email preferences

Harvard Business Review | The Management Tip of the Day
 

Today’s Tip

Building a Company That Lasts Beyond Its Founder

Many companies falter when their early leaders step away—not because their vision was wrong, but because it wasn’t built to endure. If you want your organization to outlast you, your convictions must shape the culture, not just strategy. Here’s how to lead using principles that stick. 
 
Ensure every decision reinforces your value proposition. Don’t chase trends or copy competitors. Filter every decision (products, pricing, technology, hiring) through a single lens: Does this strengthen our customer promise? Say no to anything that doesn’t. 
 
Use discipline to preserve long-term advantage. Stick to clear, consistent rules. Define what you won’t do and hold the line, even under pressure. Every exception weakens your foundation. Sustainable success comes from relentless focus, not expansion for its own sake. 
 
Stay close to the front lines. Spend time where the work actually happens. Observe, ask questions, and solve problems from the ground up. Being a present leader boosts trust and employee performance. 

Treat management as a teaching opportunity. Your job isn’t to do the work, it’s to shape how the work gets done. Promote from within, model the standard, and treat every moment as a chance to teach what “good” looks like. 
 
Do the right thing, even when it costs you. Integrity must be non-negotiable. Employees, customers, and partners watch how you act under pressure, so lead with ethics. 

 

Read more in the article

Costco’s Jim Sinegal on Building a Company That Will Endure

by Zeynep Ton

Read more in the article

Costco’s Jim Sinegal on Building a Company That Will Endure

by Zeynep Ton

 

ADVERTISEMENT

 

A laptop displaying the HBR subscriptions webpage.

All access, your way

Digital, print, or both—the choice is yours. Every plan gives you unlimited access to articles, archives, and analysis leaders rely on.

See subscription options

 
Harvard Business Review

Harvard Business Review Virtual Event

Future of Business 2025

Join us Monday, November 3. Featuring leaders from Walmart, Mars Inc., Flagship Pioneering, and more.

Register now
 

Press Play: Why Every Company Needs a Gaming Strategy

Press Play: Why Every Company Needs a Gaming Strategy

by Bastian Bergmann

Learn more

Don’t forget you’re entitled to 20% off your first purchase*

 

*Use promo code HBRORGREG4.
View details here.

 

 

The HBR App:
Get the best in leadership thinking on-the-go.

Download on the App Store.
Get it on Google Play
 
X IconFacebook Icon Instagram Icon

You are receiving this because you registered at hbr.org to receive The Management Tip of the Day emails, or you provided us with your email address.

If you prefer not to receive The Management Tip of the Day emails, plea