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Re:CEO’s Plan to Save Sears Would Hand His Hedge Fund $1B by godzillabrennus on Thursday September 27, 2018 @02:10PM (#18087149)
Companies often fail to pivot if they don’t have the founders still involved.

Few outside leaders have the credibility to risk seismic changes to a business model for an established company.

It happens, but it’s a lot less common.

Re:CEO’s Plan to Save Sears Would Hand His Hedge Fund $1B by nradov on Thursday September 27, 2018 @02:55PM (#18087553)
You can find plenty of examples of companies with founders that failed to pivot, and companies without founders that did pivot. I'm not aware of any research showing a correlation between those things.