Download Billion Dollar Lessons: What You Can Learn from the Most by Paul B. Carroll, Chunka Mui PDF
By Paul B. Carroll, Chunka Mui
”This booklet is your probability to benefit from others’ mistakes.”-- Entrepreneur
In the Sixties, IBM CEO Tom Watson referred to as an govt into his place of work after his enterprise misplaced $10 million. the guy assumed he was once being fired. Watson advised him, “Fired? Hell, I spent $10 million teaching you. I simply are looking to make sure you discovered the ideal lessons.”
There are millions of books approximately winning businesses yet nearly none concerning the classes to be discovered from those who crash and burn. Now Paul Carroll and Chunka Mui draw on study into greater than 750 flameouts to bare the seven greatest purposes for company failure.
Read or Download Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Ye ars PDF
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Additional info for Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Ye ars
B. Joseph Pine II and James H. ” — Mel Bergstein, chairman, Diamond Management and Technology Consultants “Read and learn about the costly mistakes of others; it could save you tremendous time and money. ”— Robert Pasin, CEO, Radio Flyer “A lot of huge business mistakes have been made over the years, and it sure makes sense to try not to reproduce the mistakes of others. Why not cash in on the tuition others have paid to be educated? ” — David S. ” — Kim Volk, president and CEO, Delta Dental Plans Association “Carroll and Mui have trumped conventional wisdom with two new ideas: to increase our odds of success, we need to study failure, and even the most intense focus on execution doesn’t deliver if you have a failed strategy.
Hell, I spent $10 million educating you. ” Corporate America has spent hundreds of billions of dollars producing educational failures in recent decades. But executives shudder at the very word “failure,” so people rarely try to learn any lessons from them—unless that lesson is how to make sure someone else catches the blame. As we’ve seen with the subprime mortgage crisis in 2007 and 2008, which mimics earlier financial crises, businesses keep making similar mistakes, over and over again. We propose to help executives and investors learn the lessons to be had from failure.
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