Billion Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last Twenty-five Years
Written by Paul B. Carroll and Chunka Mui
Narrated by Jim Bond
4.5/5
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About this audiobook
“This book is your chance to learn from others’ mistakes.” —Entrepreneur
In the 1960s, IBM CEO Tom Watson called an executive into his office after his venture lost $10 million. The man assumed he was being fired. Watson told him, “Fired? Hell, I spent $10 million educating you. I just want to be sure you learned the right lessons.”
There are thousands of books about successful companies but virtually none about the lessons to be learned from those that crash and burn. Now Paul Carroll and Chunka Mui draw on research into more than 750 flameouts to reveal the seven biggest reasons for business failure.
Paul B. Carroll
Paul B. Carroll wrote for The Wall Street Journal for seventeen years. The author of Big Blues, he founded Context, the first “new economy” magazine, in 1997. He lives outside Sacramento, California. Chunka Mui is the coauthor of the major business bestseller Unleashing the Killer App and a fellow at Diamond Management and Technology Consultants. He lectures and consults widely on strategy and innovation and lives in Chicago, Illinois.
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Reviews for Billion Dollar Lessons
52 ratings4 reviews
- Rating: 2 out of 5 stars2/5The author is a journalist and this shows. There is a reporting of the facts but an understanding of the deeper principles of business administration seems to be missing. The author also incorrectly defines Morse Law at which point I stopped listening to the book.
1 person found this helpful
- Rating: 5 out of 5 stars5/5Great book, I love the insights and examples shared in the book
- Rating: 5 out of 5 stars5/5Through the help of techspypro I caught my husband red handed having a secret affair with his boss in the office..techspypro @gmail com did a very smooth job without trace on both side
- Rating: 3 out of 5 stars3/5A collection of lessons from big business where errors cost was huge. Usually not of lack of knowledge but negligence, biases, blind spots…