The Self-Destructive Habits of Good Companies ...And How to Break Them
Jagdish N. Sheth
Description and Reviews
From The Publisher:
Why Even Great Companies Fail: Diagnose the Symptoms and Cure Them!
Why do so many good companies engage in self-destructive behavior? This book identifies seven dangerous habits even well-run companies fall victim to—and helps you diagnose and break these habits before they destroy you. Through case studies from some of yesterday’s most widely praised corporate icons, you’ll learn how companies slip into “addiction” and slide off the rails...why some never turn around...and how others achieve powerful turnarounds, moving on to unprecedented levels of success. You’ll learn how an obsession with volume leads inexorably to rising costs and falling margins...how companies fall victim to denial, myth, ritual, and orthodoxy... how they start wasting vital energy on culture confl ict and turf wars...how they blind themselves to emerging competition...how they become arrogant, complacent, and far too dependent on their traditional competences. Most important, you’ll find specific, detailed techniques for “curing”—or, better yet, preventing—every one of these self-destructive habits.
Send us your favorite quotes or passages from this book.
About the Author
Dr. Jag Sheth is the Charles H. Kellstadt Chair of Marketing in the Goizueta Business School at Emory University. Dr. Sheth is a renowned scholar and world authority in the field of marketing. His insights on global competition, strategic thinking, and customer relationship management are considered revolutionary. Professor Sheth has published more than 200 books and research papers in different areas of marketing and business strategy, many of which are considered classic references. His timely advice promises to aid business leaders looking to develop immediate and long-term strategies for improving their competitive position.
Table of Contents
Write your own online review.
Bunnie trails and short on how to's January 3, 2010
Reviewer: Edward Hayes from United States
This book was interesting with some anecdotes on companies such as the founding of Avon, the history of its name, and how demographics led it to venture overseas. There is a very interesting piece on how Enterprise snuck up on Avis and Hertz while these two long-time rivals just focused on each other. The author described this as "competitive myopia".
Beyond the interesting anecdotes, I found that the author went down some related yet distracting trails such as US corporate tax history and asset accounting. Though fascinating, I did not find that these side trail discussions were very helpful. Rather, I had a difficult time correlating the companies covered and how they correlated to the destructive habit the author was describing.
Finally, I felt as if the author did not spend enough time on instructing how to break these habits.
Find Items On Similar Subjects
The Halo Effect ... and the Eight Other Business Delusions That Deceive Managers
All prices subject to change and given in U.S. Dollars.
All materials contained in http://www.LeadershipNow.com are protected by copyright and trademark laws and may not be used for any purpose whatsoever other than private, non-commercial viewing purposes. Derivative works and other unauthorized copying or use of stills, video footage, text or graphics is expressly prohibited. LeadershipNow is a trademark of M2 Communications, LLC.