By looking at the three most recent economic crises, the S&L crisis, the dot-com bubble, and the recent subprime mortgage disaster, the author explains why and how corporate managers led their organizations toward disasters in the long-run.Preface PART I:?GENERAL OVERVIEW Introduction Nature of Management Failure PART II: ROLE OF MANAGEMENT LEADERSHIP: REALITIES AND MYTHS Realities of Leadership Contribution Leadership Myths PART III: UNDERLYING ROOT CAUSES OF MANAGEMENT FAILURE Executive Compensation - Unsound?and Unjustifiable Practice Corporate Board Governance - Fiduciary Neglect Regulatory Climate - Power of Money Management Club - Collusive Team Playing PART IV: FAILURE OF STRATEGIC MANAGEMENT Absence of Strategic Thinking and Outlook Slanted Management Intelligence Acquisition Lack of Marketplace Competitive Excellence Inadequate Product?and Market Innovations Unhealthy Work Environment Reckless Strategic Financial Behaviors PART V: CONCLUSION AND RECOMMENDATIONS Concluding Remarks?and Recommendations APPENDIX Suggested Readings Some Organizational Profiles and Shortcomings in Product and Market Developments Bad Economic News - Some Recent Examples and Facts
I find the book highly relevant, scholarly and well-written. - Dr. Subhash C. Jain, Professor & Director of Center for International Business Education and Research, University of Connecticut
An indispensable companion for any aspiring leader in today's globalized economy. - Nicholas Grigoriou, Principal, Monash College Guangzhou Program, People s Republic of China
Executive Greed is an excellent and thought provoking read. It is a reality check, and a must read for CEO s, corporate leaders, managers and business school academics. It analyses the short-termism of today s corporate leaders and delivers numerous strategic business-for-tomorrow success tools for CEO s. The book s innovative and competitive customer-focused solutions are highly suitablelÃ4