Paul Carroll on Learning from the Worst Business Failures

The current conventional wisdom in the business world holds that execution is the key to a successful business strategy. Many experts have gone so far as to say that execution is more important than strategy. But, according to Paul Carroll, the coauthor of Billion-Dollar Lessons and a former Pulitzer Prize nominated journalist for The Wall Street Journal, looking back at the history of business failures teaches us that there are some strategies that are prone to disaster no matter how well they’re executed.

For additional training on this topic, consider these AMA seminars:

* Strategy Execution: Getting It Done
* Launching and Managing Strategic Alliances and Partnerships
* Strategic Planning
* Fundamentals of Strategic Planning

To learn more, read these AMACOM Books:

Making Sense of Strategy by Tony Manning
The Power of Strategy Innovation by Robert E. Johnston, J. Douglas Bate
Building, Leading, and Managing Strategic Alliances by Fred A. Kuglin, Jeff Hook
Corporate Agility by Charles Grantham, Jim Ware, Cory Williamson
Early Warning: Using Competitive Intelligence to Anticipate Market Shifts, Control Risk, and Create Powerful Strategies by Benjamin Gilad

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