Economics & Finance
Center of Gravity Shift
When a company undergoes fundamental restructuring of its revenue mix—with the old engine slowing and the new engine accelerating—the true strategic question is not total revenue growth, but whether the center of gravity has irreversibly shifted to the new business. A company's financial statements during transformation are snapshots of the transitional state as the old and new engines hand off.
Read the daily articles behind this idea on the Chinese edition.