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

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

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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 misstep, 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 uncoverwith startling clarity and unassailable documentationthe 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, mustread book that explains the mechanics of business failure, how to avoid them, and what to do if they happen.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

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This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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Frequently Asked Questions

  • Q: What is the main topic of 'Why Smart Executives Fail'? A: The book explores the reasons why intelligent business leaders make severe mistakes that lead to corporate failures, detailing identifiable patterns and mistakes.
  • Q: Who is the author of the book? A: The author is Sydney Finkelstein, who conducted extensive research on corporate mistakes and failures.
  • Q: When was 'Why Smart Executives Fail' published? A: The book was published on May 25, 2004.
  • Q: What are some key themes discussed in the book? A: Key themes include the nature of business failures, the psychological and organizational factors behind poor decision-making, and how to avoid such pitfalls.
  • Q: Is this book suitable for business students? A: Yes, the book is suitable for business students, professionals, and anyone interested in understanding corporate governance and management failures.
  • Q: How many pages does 'Why Smart Executives Fail' contain? A: The book contains 336 pages.
  • Q: What type of binding does this book have? A: The book is available in paperback binding.
  • Q: Can this book help in understanding corporate strategy? A: Yes, the book provides insights into corporate strategy by analyzing past mistakes, which can help readers formulate better strategies.
  • Q: What can readers expect to learn from this book? A: Readers can expect to learn about the common mistakes made by executives and how to recognize and prevent these mistakes in their own organizations.
  • Q: Is 'Why Smart Executives Fail' a reprint edition? A: Yes, this edition of the book is a reprint.