
Billion Dollar Lessons
What You Can Learn from the Most Inexcusable Business Failures of the Last Twenty-five Years
No se pudo agregar al carrito
Add to Cart failed.
Error al Agregar a Lista de Deseos.
Error al eliminar de la lista de deseos.
Error al añadir a tu biblioteca
Error al seguir el podcast
Error al dejar de seguir el podcast
3 meses gratis
Compra ahora por $25.00
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
-
Narrado por:
-
Jim Bond
In Billion Dollar Lessons, Paul Carroll and Chunka Mui draw on research into more than 750 business failures to reveal the misguided tactics that mire companies over and over. There are thousands of books about successful companies, but virtually none about the lessons to be learned from those that crash and burn.
Billion Dollar Lessons provides proven methods that managers, boards, and even investors can adopt to avoid making the same mistakes. It draws on vivid examples to help you thoroughly assess potentially disastrous strategies before they bring your company down.
Think of Billion Dollar Lessons as the flip side of Good to Great, but just as eye opening and essential as that business classic. Billion Dollar Lessons will keep you from going from good to gone.
Listeners also enjoyed...




















"Billion-Dollar Lessons" is a compendium of MBA-level case studies of abject, huge failures - like Kodak"s failure to recognize digital technology and cameras would make its products and services as obsolete as the Pony Express. Rather than adapt to a new reality, Kodak convinced itself that the threat wasn't real - and its shareholders suffered. This book discusses the individual psychological factors and group think that caused Kodak, collectively, to let itself be pushed off the proverbial cliff.
This book relies heavily on quotes from Berkshire-Hathaway's Warren Buffet. The quotes are anecdotally on point, but could have taken it much further. For example, in Part I, the authors discuss how the benefits and cost savings of synergy, or adjacent acquisition, only work about 1/3 of the time. (Translation for the NOT prematurely grey: When I was in undergraduate B-school in the 1980's, the terms were. 'vertical integration' or 'horizontal integration', and the success rate was about the same). Berkshire- Hathaway's holdings run independently of each other, and Carroll and Mui don't contrast Buffet's success with the many failures the authors found late in the 20th century and at the beginning of the 21st. Sure, Helzberg Diamonds might be romantic - but they aren't selling See's Candy.
A more apt Bohr quote, given the topic, is "An expert is a person who has found out by his own painful experience all the mistakes that one can make in a very narrow field."
As quoted by Edward Teller, in Dr. Edward Teller's Magnificent Obsession by Robert Coughlan, in LIFE magazine (6 September 1954), p. 62.
The narration - well, as much as I am fascinated by the topic, and as well organized as the book is - was a sure fire way to put me to sleep in 15 minutes or less. I know, because I use the Audible timer, and invariably had to rewind to where I drifted off.
[If this review helped, please press YES. Thanks!]
Predictions are Hard - Especially about the Future
Se ha producido un error. Vuelve a intentarlo dentro de unos minutos.
A great read for the business minded and not to miss.
Great lessons to learn
Se ha producido un error. Vuelve a intentarlo dentro de unos minutos.
Including Sears, Pier 1, Montgomery Ward and a dozen more. Great read.
Great lessons every business owner should learn
Se ha producido un error. Vuelve a intentarlo dentro de unos minutos.
Very informative! Great book!
Se ha producido un error. Vuelve a intentarlo dentro de unos minutos.
Stories are hard to follow
Se ha producido un error. Vuelve a intentarlo dentro de unos minutos.
Overall just, meh
Se ha producido un error. Vuelve a intentarlo dentro de unos minutos.