Posted on 02/18/2016 6:34:38 AM PST by reaganaut1
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[I]s it actually the case that people who proclaim themselves so loudly and so often to be winners actually succeed the most?
My research into business leaders suggests they don’t. On the contrary, it suggests that such bombast is one of a slew of behaviors embraced by spectacularly unsuccessful business executives. Unfortunately, many of these habits are part and parcel of the Trump leadership playbook.
For my book "Why Smart Executives Fail," I interviewed some 200 people at 50 companies to learn why some people in business don't merely lose, but lose big. I discovered an interesting pattern: Spectacularly unsuccessful people tend to display a number of behavior patterns in common.
One of the most common is a tendency to see themselves and their companies as dominating their industry, regardless of what is happening around them. For example the co-CEOs of Research in Motion, the maker of the BlackBerry smartphone, failed to appreciate the rise of the iPhone, going so far as to laugh off Apple’s (AAPL) new product as a nonstarter because it didn’t have a “real†touch keyboard. As we’ve seen with Donald Trump, denigrating your competition is one of the best ways to see this syndrome in action. Like Trump, the RIM CEOs felt certain they would win, and it cost them big time.
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But hasn’t Trump actually been very successful – isn't he a billionaire? Leaving aside the four bankruptcies, mostly due to problems at his Atlantic City casinos, there’s no question that his net worth today is in the billions. While no one can predict with certainty whether his business empire will remain intact in the years to come, CEOs who embrace unsuccessful habits, as Trump does, are particularly vulnerable to a downturn.
(Excerpt) Read more at finance.yahoo.com ...
Those who can do, those who can’t, sit around writing about it.
Yeah. Sydney Finkelstein. A name on everyone’s lips.
We need an index of the ratio of anti-Trump/pro-Trump articles posted on FR.
Just guessing here, but I think if someone puts one together they will find something that looks like this:
2015Oct - 3
2015Nov - 4
2015Dec - 5
2016Jan - 7
2016Feb - 10
Yep..... Let's keep electing professional politicians!
The simple fact is, not one person in the Republican primary other than Trump, has risked anything other than donor money. Not one has built a business, met a payroll, provided healthcare for employees, paid corporate income taxes, understood how regulations impact the economy, done business in a foreign country, understands the global economy, cultures and currency, or in short, contributed anything to society other than rhetoric, more government, more regulation and more spending. All of them, even Cruz. Talking is a lot different than doing.
Did Sidney finkelstein build a multi billion dollar fortune and an empire employing directly or indirectly tens of thousands of people?
Is Sidney’s accomplishments one if the business models studied at Wharton and Harvard?
How many books has Sidney Finkelstein written and sold?
Has Sidney raised 3 children to become mega executives to run the family business? With happy families and no drug or alcohol problems?
Just curious? Never heard of him, but he sure talks like he is a big smart player,
Because one number is a ratio?
Checked Sydney’s curriculum vitae
Academic wonder all the way
Never opened a shoeshine stand much less made a payroll
Professor Finkelstein has never accomplished anything in his life in the business world yet he feels he can tell everyone else how to run their business. He is the epitome of what is wrong with business and government in this country. Nothing but an academician who deals with theory and when the theory fails just goes on to push the latest fad to get consulting dollars and grants. If he had to run a company to survive he would stare.
Please provide your evidence that Cruz does not understand how regulations impact the economy and does not understand the global economy, cultures and currency.
“Yep..... Let’s keep electing professional politicians!”
Trump has been a politician for a long time now.
This is the kind of drivel you see written when somebody knows the guy they hate is about to be elected.
You miss the point. Your boy is all theory. He’s never actually done anything. All talk, rhetoric and words. Anyone can study a subject, but to practice it is an entirely different proposition. The sad thing is that you Cruz supporters refuse to see that Cruz is exactly like Obama except he talks conservative. Ted has accomplished absolutely nothing that qualifies him for the presidency and at that he’s not even constitutionally qualified for the office he seeks.
At this point reading the reaction to this article and others like it, not yours by the way, is like watching an drunk relative at a reunion embarrass the rest of the family. They’re family so there’s a reserve of regard, but they just aren’t seeing what is appalling the rest of us, namely a seriously psychologically flawed and cartoonish candidate marching to the nomination. And even the mildest question about his credentials and credibility sets them off into a rage.
Pray, tell us, Mr. Finkelstein...are YOU worth a billion dollars?
Advocacy of quintupling H1B visas.
Trumps business experience is a non-starter for leading the most powerful and richest country in the world. If that was the case then we should elect one of the CEO’s of the large banks. Nobody know dollars better than them. They make payroll, pay for health care, knows how to manage debt, knows how to get rid of debt than them!
No, not a good idea is it. Just because he is a business man does not make him a good prez.
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