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Billion Dollar Lessons
Book

Billion Dollar Lessons

What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Years

Portfolio, 2009 Mehr

automatisch generiertes Audio
automatisch generiertes Audio

Editorial Rating

8

Qualities

  • Analytical
  • Concrete Examples
  • For Experts

Recommendation

Prolific business writers Paul B. Carroll and Chunka Mui believe you can learn from enormous corporate failures. They examined the failures of thousands of publicly traded companies in the United States and looked for commonalities. They learned that smart people – even the most successful business leaders –sometimes make dumb mistakes. Whether you’re a leader, employee or investor, Carroll and Mui offer tools to help you make better strategic decisions.

Take-Aways

  • The leaders of many expensive, but avoidable, business failures tend to have followed one of seven strategies:
  • “Synergy” – Companies overestimated the benefits of a merger.
  • “Financial engineering” – Firms aggressively manipulated accounting or financing or both.

About the Authors

Paul B. Carroll and Chunka Mui also co-wrote The New Killer Apps: How Large Companies Can Out-Innovate Start-Ups and Driverless Cars: Trillions Are Up For Grabs.


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