When Giants Stumble
It can be easy to forget, when you’re driving your Mercedes downtown, that today’s success doesn’t necessarily guarantee tomorrow’s success. If you’re going to stay at the top, you’ve got to learn the lessons of other CEOs who have fallen along the way. One of the best ways to do that is to read When Giants Stumble, the last work of Robert Sobel.
In this book, Sobel presents a variety of case studies of CEOs and other coroporate managers who have made blunders leading to their own downfalls, if not the downfall of their entire company. Sobel selects interesting case studies and presents them in a condensed manner.
This book gives you an analysis of fifteen corporate failures, highlighting the management foibles that lie behind the mistakes. Each chapter identifies the main failing that eventually caused the decline, including such causes as foolishness, pride, shortsightedness, or nepotism.
In addition to being an interesting read, the book gives plenty of realistic advice about how to avoid falling as so many others have. If you want to be the best CEO you can be, consider reading When Giants Stumble by Robert Sobel.
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