eBooks - Business - Management - Phil Rosenzweig - The Halo Effect: And the Eight Other Business Delusions That Deceive Managers
The Halo Effect: And the Eight Other Business Delusions That Deceive Managers eBooks
by Phil Rosenzweig
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Windows Vista / XP / 2000, Mac OS X Tiger Features
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Windows 98+, Tablet PC, Pocket PC 2003 Features
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All Palm & Pocket PC handheld devices plus all Windows and Macintosh computers. Features
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The Halo Effect: And the Eight Other Business Delusions That Deceive Managers Summary
| Much of our business thinking is shaped by delusions -- errors of logic and flawed judgments that distort our understanding of the real reasons for a company's performance. In a brilliant and unconventional book, Phil Rosenzweig unmasks the delusions that are commonly found in the corporate world. These delusions affect the business press and academic research, as well as many bestselling books that promise to reveal the secrets of success or the path to greatness. Such books claim to be based on rigorous thinking, but operate mainly at the level of storytelling. They provide comfort and inspiration, but deceive managers about the true nature of business success. The most pervasive delusion is the Halo Effect. When a company's sales and profits are up, people often conclude that it has a brilliant strategy, a visionary leader, capable employees, and a superb corporate culture. When performance falters, they conclude that the strategy was wrong, the leader became arrogant, the people were complacent, and the culture was stagnant. In fact, little may have changed -- company performance creates a Halo that shapes the way we perceive strategy, leadership, people, culture, and more. Drawing on examples from leading companies including Cisco Systems, IBM, Nokia, and ABB, Rosenzweig shows how the Halo Effect is widespread, undermining the usefulness of business bestsellers from In Search of Excellence to Built to Last and Good to Great. Rosenzweig identifies nine popular business delusions. Among them: The Delusion of Absolute Performance: Company performance is relative to competition, not absolute, which is why following a formula can never guarantee results. Success comes from doing things better than rivals, which means that managers have to take risks. The Delusion of Rigorous Research: Many bestselling authors praise themselves for the vast amount of data they have gathered, but forget that if the data aren't valid, it doesn't matt... |
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eBooks - Titles - Authors - Business - Management - Phil Rosenzweig - The Halo Effect: And the Eight Other Business Delusions That Deceive Managers