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Why Smart Executives Fail: And What You Can Learn from Their Mistakes

Bob Pittman and AOL Time Warner. Jean Marie Messier and Vivendi. Jill Barad and Mattel. Dennis Kozlowski and Tyco. It's an all too common scenario. A great company breaks from the pack; the analysts are in love; the smiling CEO appears on the cover of Fortune. Two years later, the company is in flames, the pension plan is bleeding, the stock is worthless. What goes wrong in these cases? Usually it seems that top management made some incredibly stupid mistakes. But the people responsible are almost always remarkably intelligent and usually have terrific track records. Just as puzzling as the fact that brilliant managers can make bad mistakes is the way they so often magnify the damage. Once a company has made a serious mis-step, it often seems as though it can't do anything right. How does this happen? Instead of rectifying their mistakes, why do business leaders regularly make them worse? To answer these questions, Sydney Finkelstein has carried out the largest research project ever devoted to corporate mistakes and failures. In WHY SMART EXECUTIVES FAIL, he and his research team uncover-with startling clarity and unassailable documentation-the causes regularly responsible for major business breakdowns. He relates the stories of great business disasters and demonstrates that there are specific, identifiable ways in which many businesses regularly make themselves vulnerable to failure. The result is a truly indispensable, practical, must-read book that explains the mechanics of business failure, how to avoid them, and what to do if they happen.

Product details

• Hardcover : 199 pages


• Title : Why Smart Executives Fail: And What You Can Learn from Their Mistakes


• Language : English


• ISBN-10 : 1591840457

 

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Why Smart Executives Fail: And What You Can Learn from
In Why Smart Executives Fail, Finkelstein has assembled a collection of the largest failures in business history over the last 20 years. Through interviews with current and former chief executives from companies like Motorola, J&J and Samsung, he paints a picture of the critical mistakes organizations make in management and makes recommendation of how they could have avoid these disasters.
Why Smart Executives Fail: And What You Can Learn from
According to Finkelstein, all of the companies in his study suffered from one or more of the following six self imposed handicaps: They chose not to cope with innovation and change; misread the competition; fulfilled the wrong vision; clung to an inaccurate form of reality; ignored vital information; or had executives who identified too closely with the company.
Why Smart Executives Fail: And What You Can Learn from
Why Smart Executives Fail book. Read 10 reviews from the world's largest community for readers. Bob Pittman and AOL Time Warner. Jean Marie Messier and V...
Why Smart Executives Fail: And What You Can Learn from
In WHY SMART EXECUTIVES FAIL, he and his research team uncover with startling clarity and unassailable documentation the causes regularly responsible for major business breakdowns. He relates the...
Why Smart Executives Fail : Causes of Failure
Executives will regularly send their corporation off in completely the wrong direction or fail to restructure it the way they should, because they have made a fundamental error in the way they are thinking about the opportunities and problems their business faces.
Why Smart Executives Fail Leadership Horsepower
There are seven theories usually cited for executive failure: 1. Executives were stupid and incompetent 2. The Executives couldnt have know what was coming 3. It was a failure to execute 4. The executives werent trying hard enough 5. The executives lacked leadership ability 6. The company lacked the necessary resources 7.
Why Smart Executives Fail Executive Forum
Why Smart Executives Fail provides a vital wake up call for current and future organizations. Whether your interest in executive competence is from historical, investment or employment perspectives, Dr. Finkelstein’s research is highly instructive. By identifying the makeup of executive failures and providing abundant examples, he shows how ...
Why smart executives fail: Four case histories of how
Request PDF | Why smart executives fail: Four case histories of how people learn the wrong lessons from history | In a series of inductive case histories of leadership and strategy, we document ...
Why smart executives fail: Four case histories of how
(2006). Why smart executives fail: Four case histories of how people learn the wrong lessons from history. Business History: Vol. 48, No. 2, pp. 153 170.
Why Smart Executives Fail | Business Scribd
Why Smart Executives Fail Executive Mindset Failures. Organizational Breakdowns. Delusions of a Dream pany. Leadership Pathologies. Confidential. Do not quote or copy without written permission. Sydney Finkelstein, 2003. Analysts did not question the hypotheses underlying their conclusions, and tended to discount evidence that cut against ...

Book title: Why Smart Executives Fail: And What You Can Learn from Their Mistakes
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