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

3.49 of 5 stars 3.49  ·  rating details  ·  76 ratings  ·  7 reviews
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 BusinessWeek and Fortune, the stock soars. Two years later, the company is in flames, the CEO is under attack, and the stock has tanked. Why does this sort of thing keep happening at respectable companies like Motorola, Quaker, and Sony,...more
Paperback, 336 pages
Published May 25th 2004 by Portfolio Trade (first published June 2nd 2003)
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Jay
If insights such as "Ask Questions" and "Make sure you earn more revenue than you spend" are new to you, then check out this book. For the other 99% of us, stay away.

Ko Matsuo
Great book explaining the paradox of how success can breed failure. Good examples of how business success can lead to a culture of superiority, which in turn leads to a distorted picture of reality and information breakdown. Really good discussion about how to compensate for corporate delusions.

A reminder that good product managers balance internal company pride with a healthy paranoia of not only the competition, but also of current company strategy.
Christopher Luna
Excellent resource that delves into the reasons behind the fall of top executives. A key theme throughout the book is that all of these executives were extremely smart, effective, experienced leaders who simply made some bad decisions for various reasons (based on faulty assumptions). Good read for anyone looking to go into long or short term management, or for those who want to know how and why some of the corporate giants fell.
Laura
A good collection of case studies and supporting analysis on the title topic. He's an academic and writes that way, but his analysis is clear and to the point.
Cris
Powerful real examples of colossal failure not from greed, but definitely engaged egos. Would love a sequel!
Lori Grant
A must-read book on executive ability in managing your career.
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