Why Giants Stumble
Abstract
Why do large, successful public companies and their CEOs suddenly weaken? To find out, we studied 45 large European and U.S. stumbles. Our case studies point to some common mistakes, such as undertaking unnecessarily risky growth strategies, treating compliance issues lightly, or poor cost control. These simple mistakes often had complex origins, such as attempts to meet conflicting objectives, weak board governance, or even executives being...
Paper Details
Title
Why Giants Stumble
Published Date
Oct 20, 2019
Journal
Volume
62
Issue
1
Pages
5 - 30
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Notes
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