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

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September 26, 2025, Updated September 26, 2025

HBR Staff/Department of Labor

History is rife with examples of highly successful companies that lost their footing after their founders or early leaders who made them great left or died. Their ranks include Ford Motor Company, Walt Disney Company, Apple after Steve Jobs was pushed out in 1985, Hewlett-Packard, and Starbucks.

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