The Industrial manufacturing firm Colfax has made a series of acquisitions, growing rapidly from revenues of $700 million to $4.6 billion. This business seems to have a bright future. Why might CEO Steve Simms read books or watch documentaries about the history of management? He can document how other companies have succeeded and do exactly what they did to ensure Colfax continues its success The analysis of other organizations' mistakes can help one avoid repeating them There are many ways to manage successfully, no matter what the current business environment is like, so he can find an approach from the many that have been used over the years that suits him