Why Smart Executives Fail by Sydney Finkelstein
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Why Smart Executives Fail
By Sydney Finkelstein

Why Smart Executives Fail

And What You Can Learn from Their Mistakes

By (author) See other recent books by Sydney Finkelstein
Format: Paperback

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Why Smart Executives Fail by Sydney Finkelstein

Book Description

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 mis-step, 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 uncover-with startling clarity and unassailable documentation-the 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, must-read book that explains the mechanics of business failure, how to avoid them, and what to do if they happen.

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Book Details

ISBN: 9781591840459
ISBN-10: 1591840457
Format: Paperback
(213mm x 143mm x 19mm)
Pages: 336
Imprint: Portfolio
Publisher: Penguin Putnam Inc
Publish Date: 4-Jan-2007
Country of Publication: United States

Other Editions...

Books By Author Sydney Finkelstein

Think Again by Sydney Finkelstein Think Again, Hardback (January 2009)

We've all watched smart, experienced leaders make flawed - even catastrophic - decisions. How can the risks be reduced? And how can you be sure that you're making the right decisions? This book shows how the usually beneficial processes of the human mind can become traps. It offers a different model to help us make better decisions.

Dynamic Capabilities by Sydney Finkelstein Dynamic Capabilities, Hardback (January 2007)

Creating, adapting to, and exploiting change is inherently entrepreneurial. To survive and prosper under conditions of change, firms must develop the "dynamic capabilities" to create, extend, and modify the ways in which they operate. The capacity of an organization to create, extend, or modify its resource base is vital.

» View all books by Sydney Finkelstein


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Author Biography - Sydney Finkelstein

A professor of strategy and leadership at Dartmouth's Tuck School of Business, Sydney Finkelstein is a leading figure in worldwide executive education. His writing has appeared in the Harvard Business Review, Organizational Dynamics, and other leading journals.

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Recent books by Sydney Finkelstein close
Superbosses by Sydney Finkelstein
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