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028 52 1042766|bKanopy
245 00 Chunka Mui :|bbillion dollar lessons.
264 1 [San Francisco, California, USA] :|bKanopy Streaming,
300 1 streaming video file (approximately 48 min., 45 sec.) :
|bdigital, .flv file, sound
336 two-dimensional moving image|2rdacontent
338 online resource|2rdacarrier
500 Title from title frames.
518 Originally produced by Kantola Productions in 2009.
520 Program Highlights * Seven common strategic errors that
lead to business failure. * Why bad strategies happen to
good people. * How to encourage devil's advocacy before
it's too late. While we are inspired by business success
stories, we are educated by business failures. Chunka Mui
and Paul Carroll researched 750 of the most significant
business failures of the past quarter-century and found
the number 1 cause of failure was not sloppy execution,
poor leadership or bad luck. It was, instead, misguided
strategy. Mui gives examples of the seven most common
strategic failure patterns: illusions of synergy,
misjudged adjacencies, faulty financial engineering and
others. He explains that each pattern has predictable red
flags. Human beings are hard-wired for bad decision making
in complex situations, notes Mui. We hone in on answers
before examining all the facts, and then seek evidence to
confirm our answers. We are adversely influenced by
emotion, loyalties, and group think. However, decision
making can be improved when we encourage conflict and
question our assumptions. A devil's advocate review should
be built in early to the strategy process, and again at
the key design stages and when near completion for a last
chance to review the full strategy. Chunka Mui is a fellow
with Diamond Management & Technology Consultants and a
partner with Cornerloft Partners, LLC. He co-authored with
Larry Downes "Unleashing the Killer App, Digital
Strategies for Market Dominance," and co-authored with
Paul Carroll "Billion Dollar Lessons." He holds a BS in
computer science and engineering from Massachusetts
Institute of Technology.
538 Mode of access: World Wide Web.|bSystem requirements:
Adobe Flash Player.
600 10 Mui, Chunka,|d1962-
600 10 Carroll, Paul.
650 0 Business failures.
650 0 Strategic planning.
650 0 Success in business.
856 40 |uhttp://
42767|zConnect to online video (University of Melbourne
990 Batch Patron Driven Ebook load by Library Systems - do not
edit, delete or attach any records.