Category: Failure

Return on Failure

  |   Failure

Failures happen, even to business legends like Jack Welch, who admits that he made some whoppers. In the running for biggest failure is surely the acquisition of Kidder Peabody by General Electric (GE). In 1986, GE spent $600 million to buy an 80 percent interest in Kidder Peabody. More investment followed and by 1990 GE  »  Read More

Beware Success

  |   Failure

Last week, Business Week ran great piece on Toyota that included the following lead: “Akio Toyoda thinks he knows what’s wrong with Toyota, the world’s biggest car maker. Success has made it cocky.” “Cocky” is a good word. A milder word might be “overconfident.”  »  Read More

Newer Posts →