Warren Buffet remarked that it takes 20 years to build a reputation and five minutes to ruin it. "If you think about that, you'll do things differently." Journalist Tim Phillips turns his eye toward the most avoidable business disasters of recent history. In each case, the story begins at the point where a disastrous decision was made, and then it examines what happened, why it happened and what could have been different.
Each story highlights a flaw that could affect any organization -- for example, overexpansion, failure to do due diligence, or blindness toward an economic bubble. Phillips then isolates the moment, meeting or decision just before the failure, and asks "What were they thinking?" Engaging and informative, he offers insights on why smart people make bad decisions, as well as on the process of management and decision-making in today's business world.
Using first-hand accounts of the people involved, Fit to Bust discusses business collapses such as Enron, Polaroid, WorldCom, and Woolworth's and explains how changing one decision could have helped avoid disaster.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
"In Fit to Bust Tim Phillips takes us on a fascinating if uncomfortable tour of the once mighty corporations which have unceremoniously imploded over the past decade, exploring the notion that the same obsessive desire for success which made them household names also led to their downfall...Rather than the exercise in Schadenfreude it could so easily have become, Fit to Bust strives to understand and learn lessons from patterns of flawed thinking which run through our most notable failures." (CA magazine 2011-04-01)
"An entertaining romp through the growing list of spectacular business failures, from both the recent and not-so-recent past. By exposing some of the issues and outlining how to recognise the warning signs in advance, the book may go some way to helping managers avoid making the same mistakes in the future." (Professional Manager Magazine 2011-07-21)
Includes interviews and case studies with the worlds biggest business failures, including Northern Rock, Iceland, Lehman Brothers, RBS, Worldcom and Leeds United
Takes you behind the headlines to the critical point of disaster
Focuses on management and decision making, to teach the reader how to spot disaster before it happens and avoid it at work
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
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