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	<title>Billion Dollar Lessons &#187; Awards</title>
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	<description>Lessons from the Most Inexcusable Business Failures of the Last 25 Years</description>
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		<title>Another Best of 2008 award &#8212; This time from CIO Insight</title>
		<link>http://www.billiondollarlessons.com/196</link>
		<comments>http://www.billiondollarlessons.com/196#comments</comments>
		<pubDate>Thu, 22 Jan 2009 03:16:40 +0000</pubDate>
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		<description><![CDATA[<img class="alignleft size-medium wp-image-197" style="border: 1px solid black; margin: 5px 10px; float: left;" title="CIO Insight Award" src="http://www.billiondollarlessons.com/wp-content/uploads/2009/01/cio-insight-300x241.jpg" alt="" width="150" height="120" />CIO Insight Magazine named <em>Billion-Dollar Lessons</em> 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 <em>Billion-Dollar Lessons</em> the #1 business book of 2008.  Inc. Magazine named it one of the best books for business owners in 2008.]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-197" style="border: 1px solid black; margin: 5px 10px; float: left;" title="CIO Insight Award" src="http://www.billiondollarlessons.com/wp-content/uploads/2009/01/cio-insight-300x241.jpg" alt="" width="200" height="160" />CIO Insight Magazine named <em>Billion-Dollar Lessons</em> one of the top 10 business-tech books of 2008.</p>
<p>This award follows similar recognition from several other prestigious publications.  <a href="http://www.billiondollarlessons.com/178">The Globe and Mail, Canada&#8217;s national newspaper, named <em>Billion-Dollar Lessons</em> the #1 business book of 2008.</a>  <a href="http://www.billiondollarlessons.com/182">Inc. Magazine named it one of the best books for business owners in 2008</a>.</p>
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		<title>Inc. Magazine:  Best Books for Business Owners, 2008</title>
		<link>http://www.billiondollarlessons.com/182</link>
		<comments>http://www.billiondollarlessons.com/182#comments</comments>
		<pubDate>Wed, 07 Jan 2009 15:50:43 +0000</pubDate>
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		<guid isPermaLink="false">http://www.billiondollarlessons.com/?p=182</guid>
		<description><![CDATA[<a href="http://www.billiondollarlessons.com/182"><img class="alignleft size-medium wp-image-183" style="border: 1px solid black; float: left; margin-left: 10px; margin-right: 10px;" title="Best Books of Business Owners, 2008" src="http://www.billiondollarlessons.com/wp-content/uploads/2009/01/incbestbooks2008-300x198.gif" alt="Best Books of 2008" width="150" height="99" /></a>Inc. Magazine names <em>Billion Dollar Lessons</em> one of the best books for business owners in 2008.

"Success is inspirational; disaster is educational. <em>Billion Dollar Lessons</em> 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."]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.billiondollarlessons.com/wp-content/uploads/2009/01/incbestbooks2008.gif"><img class="alignleft size-medium wp-image-183" style="border: 1px solid black; float: left; margin-left: 10px; margin-right: 10px;" title="Best Books of Business Owners, 2008" src="http://www.billiondollarlessons.com/wp-content/uploads/2009/01/incbestbooks2008-300x198.gif" alt="Best Books of 2008" width="300" height="198" /></a>Inc. Magazine names <em>Billion Dollar Lessons</em> one of the best books for business owners in 2008.</p>
<p>&#8220;Success is inspirational; disaster is educational. <em>Billion Dollar Lessons</em> 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.&#8221;</p>
<p>View Inc. Magazine&#8217;s <a title="Best Books" href="http://www.inc.com/multimedia/slideshows/content/the-best-books-for-business-owners-2008_pagen_1.html " target="_blank">Best Books for Business Owners, 2008</a> slide show.</p>
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		<title>The Globe and Mail: &#8220;Billion-Dollar Lessons&#8221; is #1 Business Book of 2008</title>
		<link>http://www.billiondollarlessons.com/178</link>
		<comments>http://www.billiondollarlessons.com/178#comments</comments>
		<pubDate>Thu, 18 Dec 2008 03:08:35 +0000</pubDate>
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		<guid isPermaLink="false">http://www.billiondollarlessons.com/?p=178</guid>
		<description><![CDATA[<img class="alignleft" style="border: 1px solid black; float: left; margin-left: 10px; margin-right: 10px;" src="http://www.billiondollarlessons.com/wp-content/uploads/2008/12/globe.jpg" alt="" width="112" height="75" /><em>Billion-Dollar Lessons</em> has been named the best business book of the 2008 in The Globe and Mail, Canada's national newspaper!

<strong>
Best of the best: intelligent, clear, filled with advice</strong>

<em>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.</em>
]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft" style="border: 1px solid black; float: left; margin-left: 10px; margin-right: 10px;" src="http://www.billiondollarlessons.com/wp-content/uploads/2008/12/globe.jpg" alt="" width="224" height="149" /><em>Billion-Dollar Lessons</em> has been named the best business book of 2008 in The Globe and Mail, Canada&#8217;s national newspaper!</p>
<p><strong><br />
Best of the best: intelligent, clear, filled with advice</strong></p>
<p>HARVEY SCHACHTER<br />
Special to The Globe and Mail; harvey@harveyschachter.com<br />
December 17, 2008</p>
<p>[...]</p>
<p>#1 &#8212; Billion Dollar Lessons</p>
<p>by Paul Carroll and and Chunka Mui (Portfolio)</p>
<p>The authors&#8217; 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 &#8211; 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.</p>
<p>Read the full article:<br />
<a href="http://www.theglobeandmail.com/servlet/story/LAC.20081217.CABOOKS17/TPStory/Business">http://www.theglobeandmail.com/servlet/story/LAC.20081217.CABOOKS17/TPStory/Business</a></p>
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