The Fine Line Between Success and Failure

Number of words: 242 Perseverance and leadership skills, of course. What is less obvious – and much less boring – is what the speaker neglected to mention: that those traits are likely to be the charecterstics of extremely unsuccessful people, too. Think about it, Denrell observed afterwards. ‘Incurring large losses requires both persistence….and the ability … Read more

The Cost of Obsession: How GM Lost Its Way

Number of words: 327 One illuminating example of the problem concerns the American automobile behemoth General Motors. The turn of the millennium found GM in a serious predicament, losing customers and profit to more nimble, primarily Japanese, competitors. Following Latham and Locke’s philosophy to the letter, executives at GM’s headquarters in Detroit came up with … Read more