The Self-Destructive Habits of
Good Companies

Dr. Jagdish N. Sheth
ISBN: 978-0-13-179113-8
Published date: May 2007



www.whartonsp.com
An imprint of Pearson Education

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Why do so many good companies engage in self-destructive behavior? This book identifies seven dangerous habits even well-run companies fall victim to--and helps you diagnose and break these habits before they destroy you. Through case studies from some of yesterday's most widely praised corporate icons, you'll learn how companies slip into "addiction" and slide off the rails...why some never turn around...and how others achieve powerful turnarounds, moving on to unprecendented levels of success.

You'll learn how an obsession with volume leads inexorably to rising costs and falling margins...how companies fall victim to denial, myth, ritual, and orthodoxy...how they start wasting vital energy on culture conflict and turf wars...how they blind themselves to emerging competition...how they become arrogant, complacent, and far too dependent on their traditional competencies.

Most important, you'll find specific, detailed techniques for "curing"--or, better yet, preventing--every one of these self-destructive habits.

The "cocoon" of denial
Find it, admit it, assess it, and escape it

The stigma of arrogance
Escape this fault that "breeds in a dark, closed room"

The virus of complacency
Six warning signs and five solutions

The curse of incumbency
Stop your core competencies from blinding you to new opportunities

The threat of myopia
Widen your view of your competitiors--and the dangers they pose

The obsession of volume
Get beyond "rising volumes and shrinking margins"

The territorial impulse
Break down the silos, factions, fiefdoms, and ivory towers