Fit to Bust: How Great Companies Fail
By Tim Phillips
Each story highlights a flaw that could affect any organization -- for example, overexpansion, failure to do due diligence, or blindness toward an economic bubble. Phillips then isolates the moment, meeting or decision just before the failure, and asks "What were they thinking?" Engaging and informative, he offers insights on why smart people make bad decisions, as well as on the process of management and decision-making in today's business world.
Using first-hand accounts of the people involved, "Fit to Bust" discusses business collapses such as Enron, Polaroid, WorldCom, and Woolworth's and explains how changing one decision could have helped avoid disaster.
Tim Phillips is a freelance journalist. He has written for The Wall Street Journal Europe, The International Herald Tribune, and The Guardian about business, the internet, and technology. He is the co-author of Scoring Points, also published by Kogan Page.
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