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Publisher's Summary

Why do so many good companies go bad? In The Self-Destructive Habits of Good Companies...And How to Avoid Them, the authors examine the companies that were once thought-of as great (A & P, Sears, Xerox, Kodak, GM, Corning, Atari, Wang) and analyze how they ended up self-destructing. This book identifies seven dangerous habits even well-run companies fall victim to: denial, complacency, overdependence on traditional competencies, competitive myopia, an obsession with volume, rising culture conflict and turf wars, arrogance. By listening to The Self-Destructive Habits of Good Companies you can avoid the mistakes these companies made; diagnose your own company's failings; and discover specific, detailed techniques for "curing" or, better yet, preventing every one of these self-destructive habits.
©2007 Pearson Education, Inc.; (P)2007 Audible, Inc.

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  • Overall
  • Warren
  • North Vancouver, British Columbia, Canada
  • 10-13-07

excellent with practical advice

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.

9 of 9 people found this review helpful

  • Overall

Useful and humbling experience

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!

1 of 1 people found this review helpful