The Self-Destructive Habits of Good Companies

The Self-Destructive Habits of Good Companies

Why seemingly out of the blue, world-famous companies run into problems that threaten their very survival?

Author(s): Jagdish N. Sheth

Publisher: Wharton School Publishing

Date of publication: 2007

Manageris opinion

Why do great companies collapse from one day to the next?
Jagdish N. Sheth offers an interesting explanation, i.e., success generates self-destructive practices within organizations that precipitate their collapse.
The author thus identifies seven harmful practices, each covered in a dedicated chapter: denial, where the company wraps itself in a cocoon of myths and rituals