Farewell to Weil

Typically, the failure of businesses is explained by losses and financial problems; however, the situation is not always this straightforward. Sometimes, a business collapses despite high profitability and significant financial reserves. The reason is not financial weakness, but rather an inability to adapt the decision-making structure to new competitive rules. In markets where a large portion of benefits accrues to a limited number of winners, the size of the business and its ability to attract talented individuals becomes critically important. In such conditions, mid-sized businesses face pressure from both sides; on one hand, larger competitors attract superstars with their capital and financial resources, and on the other hand, more specialized businesses draw customers towards themselves at a lower cost.