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Think About It
Key Extracts from Billion Dollar Lessons
WEDNESDAY, JULY 21, 2010 12:00
Andrew Guido
In their book, Billion Dollar Lessons, authors Paul B. Carroll and Chunka Mui essentially provide some invaluable lessons learned from some of the most significant if not spectacular business failures of the past quarter century. We are summarizing below their key findings that we feel provide valuable lessons for business leaders today. About The Study The authors examined 2,500 failures suffered by publicly traded companies in the United States and narrowed the list to the 750 most meaningful. The companies in the study period between 1981 and 2006 had the following financial results: 423 major ... read more