Tuesday, February 10, 2009

Causes of Failure

fail? Because they create and live in organizations where mistaken pictures of reality take hold, delusional policies and attitudes protect that skewed reality from careful scrutiny, organizational procedures designed to manage information, risk, and people break down, and leaders who adopt spectacularly unsuccessful habits magnify all of these problems.

·          Choose not to cope with innovation and change

·          Misread the competition

·          Brilliantly fulfill the wrong vision

·          Cling to an inaccurate view of reality

·          Ignore vital information

Based on

---Sydney Finkelstein

Why Smart Executives Fail


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