Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Ye ars”This book is your chance to learn from others’ mistakes.”-- Entrepreneur In the 1960s, IBM CEO Tom Watson called an executive into his office after his venture lost $10 million. The man assumed he was being fired. Watson told him, “Fired? Hell, I spent $10 million educating you. I just want to be sure you learned the right lessons.” There are thousands of books about successful companies but virtually none about the lessons to be learned from those that crash and burn. Now Paul Carroll and Chunka Mui draw on research into more than 750 flameouts to reveal the seven biggest reasons for business failure. |
Contents
| 1 | |
Illusions of Synergy Succumbing to the Eighth Deadly Synergy | 15 |
Faulty Financial Engineering Taking a Shortcut Through the Numbers | 37 |
Deflated Rollups Buying a String of Rock Bands to Form an Orchestra | 60 |
Staying the Misguided Course Threat? What Threat? | 86 |
Misjudged Adjacencies The Grass Isnt Always Greener | 116 |
Fumbling Technology Riding the Wrong Technology | 141 |
Consolidation Blues Doubling Down on a Bad Hand | 169 |
Coda | 190 |
Why Bad Strategies Happen to Good People Awareness Is Not Enough | 197 |
Why Bad Strategies Happen to Good Companies Awareness Is Still Not Enough | 216 |
The Devils Advocate Unleashing the Power of Conflict and Deliberation | 231 |
The Safety Net An Independent Devils Advocate Review | 258 |
Two Revolutions | 273 |
Other editions - View all
Billion Dollar Lessons: What You Can Learn from the Most Inexcusable ... Paul B. Carroll,Chunka Mui No preview available - 2009 |
Billion Dollar Lessons: What You Can Learn from the Most Inexcusable ... Paul B. Carroll,Chunka Mui No preview available - 2009 |
Common terms and phrases
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