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A definitive review of executive failures - why they happen and how to prevent them. There's a circumstance that keeps repeating itself in the current business climate. An organization is voted one of the most admired on the globe. Then 3 or 4 years later, it's in dire financial trouble. A CEO is celebrated on the features of BusinessWeek, Forbes, and Lot of money. Soon after, the business is amid a devastating merger or various other fiasco. What should go wrong in these cases? Usually it seems that the top management made some incredibly stupid mistake. But the people responsible are nearly always remarkably wise and usually have terrific track records. Even more puzzling than the fact that brilliant managers can make bad errors is the way they so often magnify the destruction. Once a company has made an awful misstep, it often seems as if it can't do anything right. So how exactly does this happen? Instead of rectifying their errors, why do business leaders regularly make them worse? To answer these questions, Sydney Finkelstein has carried out the most significant research program ever before devoted to business breakdowns. In Why Smart Professionals Fail, he uncovers - with startling quality and unassailable paperwork - the causes regularly in charge of major business breakdowns. Why Smart Professionals Fail relates the reports of great business disasters and shows that there are specific, identifiable ways in which many businesses regularly make themselves susceptible to failure. The effect is a truly indispensable, functional, must-have audiobook that explains the technicians of professional breakdowns, how to prevent them, and how to proceed about them if they happen.
