CIO Insight Magazine named Billion-Dollar Lessons one of the top 10 business-tech books of 2008.
This award follows similar recognition from several other prestigious publications. The Globe and Mail, Canada’s national newspaper, named Billion-Dollar Lessons the #1 business book of 2008. Inc. Magazine named it one of the best books for business owners in 2008.
“Success is inspirational; disaster is educational. Billion Dollar Lessons offers an exhaustive curriculum on how not to run a company. This is a great book for decision-makers anxious to eliminate their own vulnerabilities.”
Billion-Dollar Lessons has been named the best business book of the 2008 in The Globe and Mail, Canada’s national newspaper!
Best of the best: intelligent, clear, filled with advice
The authors’ study of colossal business failure found that strategy was invariably the cause. They pinpoint seven popular strategies that can lead a company off the rails: Foolhardy pursuit of synergy, financial engineering, rollups of mom and pop operations, steadfastly refusing to switch from a misguided course, moving into an adjacent market, riding the wrong new technology, and consolidation. The list is a catalogue of strategies that companies are routinely urged to follow and that can work – but also can lead to disaster. The authors provide sobering examples of failed companies as well as tough questions to ask when considering any of these strategies.