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Billion Dollar Lessons: What You Can Learn From... -
Ignoring clear, existential threats to a business model for too long, often due to internal denial.
Betting heavily on a technology that is either premature or fundamentally flawed, such as Motorola’s $5 billion Iridium satellite phone project. Billion Dollar Lessons: What You Can Learn from...
The book identifies seven recurring "failure patterns" that frequently destroy billions in value: 7 Key Strategy Pitfalls Ignoring clear, existential threats to a business model
Billion Dollar Lessons Free Summary by Paul B ... - getAbstract Billion Dollar Lessons: What You Can Learn from...
Attempting to buy up an entire industry only to find that "economies of scale" turn into "diseconomies of scale" as systems break under the pressure.
To avoid these traps, the authors recommend institutionalizing dissent within an organization:
