Book description
Why Even Great Companies Fail: Diagnose the Symptoms and Cure Them!
Conquer—or prevent—the seven disastrous “addictions” that can destroy your company
Overcome corporate denial, arrogance, complacency, “competency dependence,” turf wars, and more
For every executive, strategist, entrepreneur, and manager who wants to sustain success
GM. Ford. AT&T. Sears. Firestone. Krispy Kreme. Digital. Kodak. Once, they were riding high, the exemplars of business excellence. Then, disaster. Is your company headed for the same fate? How do you know? How do you change course? Find out. Shine a light on the dark places in your business. Uncover your self-destructive habits before they destroy you. The blinders, culture confl icts, and corporate denial. The competitive myopia. The focus on volume, not profits. Root them out—all of them. Then, instill the good habits your business needs: the habits of sustainable profitability and market leadership. This book shows you how—in detail, from start to finish.
Why do so many good companies engage in self-destructive behavior? This book identifies seven dangerous habits even well-run companies fall victim to–and helps you diagnose and break these habits before they destroy you. Through case studies from some of yesterday’s most widely praised corporate icons, you’ll learn how companies slip into “addiction” and slide off the rails...why some never turn around...and how others achieve powerful turnarounds, moving on to unprecedented levels of success. You’ll learn how an obsession with volume leads inexorably to rising costs and falling margins...how companies fall victim to denial, myth, ritual, and orthodoxy... how they start wasting vital energy on culture confl ict and turf wars...how they blind themselves to emerging competition...how they become arrogant, complacent, and far too dependent on their traditional competences. Most important, you’ll find specific, detailed techniques for “curing”–or, better yet, preventing–every one of these self-destructive habits.
The
“cocoon” of denial
Find it, admit it,
assess it, and escape it
The
stigma of arrogance
Escape this fault that
“breeds in a dark, closed room”
The
virus of complacency
Six warning signs and five
solutions
The
curse of incumbency
Stop your core competencies from
blinding you to new opportunities
The
threat of myopia
Widen your view of your
competitors–and the dangers they pose
The
obsession of volume
Get beyond “rising volumes
and shrinking margins”
The
territorial impulse
Break down the silos, factions,
fiefdoms, and ivory towers
Preface xxi
Foreword xxiii
1 Why Do Good Companies Go Bad? 1
2 Denial: The Cocoon of Myth, Ritual, and Orthodoxy 19
3 Arrogance: Pride before the Fall 45
4 Complacency: Success Breeds Failure 75
5 Competency Dependence: The Curse of Incumbency 105
6 Competitive Myopia: A Nearsighted View of Competition 133
7 Volume Obsession: Rising Costs and Falling Margins 165
8 The Territorial Impulse: Culture Conflicts and Turf Wars 199
9 The Best Cure is No Cure at All 231
10 Endnotes 249
Index 263
Table of contents
- Title Page
- Copyright Page
- Dedication Page
- Contents at a Glance
- Contents
- Acknowledgments
- About the Author
- Foreword
- Preface
- Chapter 1. Why Do Good Companies Go Bad?
- Chapter 2. Denial: The Cocoon of Myth, Ritual, and Orthodoxy
- Chapter 3. Arrogance: Pride Before the Fall
- Chapter 4. Complacency: Success Breeds Failure
- Chapter 5. Competency Dependence: The Curse of Incumbency
- Chapter 6. Competitive Myopia: A Nearsighted View of Competition
- Chapter 7. Volume Obsession: Rising Costs and Falling Margins
- Chapter 8. The Territorial Impulse: Culture Conflicts and Turf Wars
- Chapter 9. The Best Cure Is No Cure at All
- Endnotes
- Index
Product information
- Title: The Self-Destructive Habits of Good Companies: ...And How to Break Them
- Author(s):
- Release date: April 2007
- Publisher(s): Pearson
- ISBN: 9780131791138
You might also like
book
Business Brilliant - Surprising Lessons from the Greatest Self-Made Business Icons
Ask a member of the middle class what it takes to become wealthy, and she'll tell …
book
7 Rules for Positive, Productive Change
Change is difficult but essential—Esther Derby offers seven guidelines for change by attraction, an approach that …
book
Thinkers 50: Business Thought Leaders from India: The Best Ideas on Innovation, Management, Strategy, and Leadership
The World's Leading Business Minds on Today's Most Critical Challenges The most innovative ideas from the …
book
Turning Goals into Results (Harvard Business Review Classics)
Most executives have a big, hairy, audacious goal. But they install layers of stultifying bureaucracy that …