©2007 Pearson Education, Inc.; (P)2007 Audible, Inc.
I found the observations in this book to be very accurate, from my personal experience with a great company that is experiencing many of these bad habits.
A pleasant surprize was the very useful suggestions for determining if a bad habit is forming, and many practical recommendations for working to break these habits.
Also, the organization of this book is very good, with key points being revisited in summary at different times throughout the audiobook.
I would highly recommend this book both for those who realize their company had some bad habits, but also for those in growing companies to help stop these behaviors from occuring in the first place.
The author shows the steep and short road that separates success from failure and how easy is to let success poison one company's future. It happens every day. It is a humbling experience because it shows how vanity has destroyed great companies and is a good lesson to learn. It also helps the investor to see behind the numbers and investigate if the company hides "bad habits" that could ultimately lead to destruction.
Good management book!
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