Here’s another business book to add to your “must read” list. It’s Jag Sheth’s new book, The Self-Destructive Habits of Good Companies … and How to Break Them.
In it he explores the question: Why do good companies fail? And the answers can be found in one or more of the following self-destructive habits:
- the ‘cocoon’ of denial
- competency dependence
- competitive myopia
- volume obsession
- internal conflicts and turf wars.
(For an overview of these habits, scroll down the posts on the book’s blog.)
Jag provides numerous corporate examples in this intriguing read to illustrate how good companies can easily get sidetracked … and there are plenty of warning signs. Along with these insights, you’ll learn the behaviors needed to kick these unhealthy habits or prevent them in the first place.