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  "notes": "The chart shows a clear downward trend in average company lifespan on the S&P 500 index.",
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      "text": "The 33-year average tenure of companies on the S&P 500 in 1965 narrowed to 20 years in 1990 and is forecast to shrink to 14 years by 2026.\nRecord M&A activity and the growth of startups with multi-billion dollar valuations are leading indicators that a period of relative stability is ending and that an increasing number of corporate leaders will lose control of their firm's future.\nA storm warning to executives: at our forecasted churn rate, about half of the S&P 500 will be replaced over the next 10 years.\nIn a related survey on strategic readiness, executives say that growth strategy is being undermined by day-to-day decisions inside companies and that too many companies lack a coherent vision of the future.",
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      "text": "We're entering a stretch of accelerating change in which lifespans of big companies are getting shorter than ever, according to Innosight's new study of turnover in the S&P 500. Key insights include:",
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