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How Excellent Companies Avoid Dumb Things
Book

How Excellent Companies Avoid Dumb Things

Breaking the 8 Hidden Barriers that Plague Even the Best Businesses

St. Martin’s Press, 2012 plus...

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Editorial Rating

7

Qualities

  • Applicable

Recommendation

Leaders of even successful companies unwittingly make bad decisions and costly mistakes. Consultant Neil Smith identifies “eight hidden barriers” that keep companies from reaching their full potential and explains how to shatter them. Recognizing barriers is the first step, but, to create lasting change, companies must reshape their corporate culture from the top down and employees must take ownership of their ideas. Smith identifies both obvious and subtle obstacles, though he can get bogged down in details. getAbstract recommends Smith’s diagnosis to executives seeking to increase their companies’ efficiency and profits.

Take-Aways

  • “Eight hidden barriers” and mistakes keep companies from increasing their profits.
  • Managers err when “avoiding controversy” means delaying hard decisions.
  • “Poor use of time” manifests when employees procrastinate and managers don’t understand the demands on their staffers’ time.

About the Authors

Neil Smith is CEO of Promontory Growth and Innovation, a corporate consultancy. Patricia O’Connell is a business writer and former editor at BloombergBusinessweek.com.


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    P. R. 1 decade ago
    You really do have to recognize your barriers,and identify them.when doing so,they lose their power. For me,It's people,places,and things.