Here is one simple lesson to be gleaned from Aviation Week's Top-Performing Companies (TPC Study): avoid overconfidence. History shows that a first-place finish is no guarantee of long-term success. Conversely, even consistently strong performers have a bad year every now and then. When the TPC debuted in 1996 as the â€śIndex of Competitiveness,â€ť defense contractor Northrop Grumman led the ranking of 79 companies. Bombardier placed first in the 2000 study and second the next two years. ...
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