Title
The Icarus Paradox: How Exceptional Companies Bring About Their Own Downfall,Used
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Just As The Fabled Icarus Of Greek Mythology Was Able To Fly So High, So Close To The Sun, That His Wax Wings Melted And He Plunged Into The Sea, This Same Paradox Can Apply To Outstanding Companies Their Very Success Seduces Them Into The Excesses That Cause Their Downfall. 'The Icarus Paradox' Is A Breathtaking Account Of What Creates Stellar Business Success, And At The Same Time, Sows The Seeds Of Corporate Failure. After Researching Over 200 Companies, Miller Discovered That Success Imperils An Organization Through The Momentum It Creates And He Has Coined A New Language To Describe The Rise And Fall Of Major Corporations. Craftsmen Such As Ford And Texas Instruments Have Become Concerned Only With The Products They Have Created, Totally Oblivious To The Markets They Have Lost. Pioneers Such As Wang And Apple Have Become Escapists, So Caught Up In Searching For Breakthroughs That They Create Often Brilliant Yet Commercially Useless Products.
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- Q: What is 'The Icarus Paradox' about? A: 'The Icarus Paradox' explores how successful companies can ironically bring about their own demise. It illustrates that the same factors contributing to a company's success may lead to excessive risk-taking and ultimately failure.
- Q: Who is the author of 'The Icarus Paradox'? A: The author of 'The Icarus Paradox' is Danny Miller, who conducted extensive research on over 200 companies to analyze the relationship between success and failure.
- Q: What are the key themes discussed in the book? A: Key themes of 'The Icarus Paradox' include the dangers of overconfidence in successful companies, the risk of losing touch with the market, and the need for continuous innovation to avoid stagnation.
- Q: How many pages does the book have? A: 'The Icarus Paradox' has a total of 256 pages, providing a comprehensive analysis of its subject matter.
- Q: What is the condition of the used book? A: The used book is listed in 'Good Condition', indicating that it has been previously owned but remains in a satisfactory state for reading.
- Q: What type of binding does 'The Icarus Paradox' have? A: 'The Icarus Paradox' is available in paperback binding, making it lightweight and flexible for easy reading.
- Q: When was 'The Icarus Paradox' published? A: 'The Icarus Paradox' was published on January 1, 1992.
- Q: Is there an edition of 'The Icarus Paradox'? A: There is no specific edition mentioned for 'The Icarus Paradox', implying it may be a standard edition available in paperback.
- Q: What insights can I gain from 'The Icarus Paradox'? A: Readers can gain insights into the cyclical nature of business success and failure, strategies for maintaining market relevance, and the psychological factors influencing corporate decision-making.
- Q: Is 'The Icarus Paradox' suitable for business students? A: 'The Icarus Paradox' is highly suitable for business students, as it provides valuable lessons on corporate strategy, risk management, and the importance of adaptation in a changing market.