There is no denying the global economy is changing at a rapid
pace. Competition is increasing in intensity, technology is
increasing in complexity, and innovation is increasing in
importance, but approaches to managerial decision-making have not
kept pace. This rigidity explains such corporate disasters as the
blowout, explosion, and fire at the BP drilling platform in the
Gulf of Mexico in 2010, the total collapse of the residential
mortgage industry that started in 2006, and the use of lead paint
on children's toys revealed in 2007. Managers today face 21st
century problems, and Avoiding Corporate Breakdowns provides the
means of solving these very problems.
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