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The Halo Effect

. . . and the Eight Other Business Delusions That Deceive Managers - Includes a New Preface and Two New Chapters

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With two new chapters and a preface, this award-winning book continues to reveal the delusions prevalent in the corporate world, offering insights into the true drivers of business success and failure. Many contemporary management gurus make bold claims based on supposedly irrefutable research, promising to uncover the secrets behind a company's success or failure and how to emulate the former. However, these experts often obscure critical thinking about success with a mix of hype and popular business misconceptions, both statistical and otherwise. A key delusion is the Halo Effect, where the high financial performance of a successful company leads to an unwarranted positive perception of all its attributes—strategy, values, leadership, and execution. Conversely, when performance declines, these same attributes are criticized, suggesting a flawed strategy or complacent culture. This book not only identifies these misconceptions but also proposes a clearer approach to leadership by emphasizing strategic choices and execution while acknowledging their inherent risks. Witty and unconventional, it is essential for anyone seeking to distinguish fact from fiction in business.

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The Halo Effect, Philip M. Rosenzweig

Sprache
Erscheinungsdatum
2014
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Untertitel
. . . and the Eight Other Business Delusions That Deceive Managers - Includes a New Preface and Two New Chapters
Sprache
Englisch
Erscheinungsdatum
2014
Einband
Paperback
Seitenzahl
288
ISBN10
1476784035
ISBN13
9781476784038
Reihe
Originaltitel
The halo-effect
Bewertung
3,85 von 5 Sternen
Beschreibung
With two new chapters and a preface, this award-winning book continues to reveal the delusions prevalent in the corporate world, offering insights into the true drivers of business success and failure. Many contemporary management gurus make bold claims based on supposedly irrefutable research, promising to uncover the secrets behind a company's success or failure and how to emulate the former. However, these experts often obscure critical thinking about success with a mix of hype and popular business misconceptions, both statistical and otherwise. A key delusion is the Halo Effect, where the high financial performance of a successful company leads to an unwarranted positive perception of all its attributes—strategy, values, leadership, and execution. Conversely, when performance declines, these same attributes are criticized, suggesting a flawed strategy or complacent culture. This book not only identifies these misconceptions but also proposes a clearer approach to leadership by emphasizing strategic choices and execution while acknowledging their inherent risks. Witty and unconventional, it is essential for anyone seeking to distinguish fact from fiction in business.