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

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

September 26, 2025, Updated September 26, 2025

A vibrant red building facade with aligned metal shopping carts in front.
Photo: Jan van der Wolf / Pexels

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HBR Staff/Department of Labor

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Summary.   

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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Read more on Business history or related topics Organizational culture and Leadership and managing people

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AdvertisementDon't Outlive Your Benefits — Long-Term Care insurance with unlimited LTC funds for as long as you live. Call 1-800-317-0625
AdvertisementDon't Outlive Your Benefits — Long-Term Care insurance with unlimited LTC funds for as long as you live. Call 1-800-317-0625