Zombie Business
Synopsis:
Sydney Finkelstein's article, Zombie Businesses: How to Learn from Their Mistakes, discusses businesses that are flourishing companies and on the outside and seem to be doing particularly well, but with a closer look actually are setting themselves up for failure. He talks about issues of how to spot a zombie business as well as how to prevent a business from becoming a zombie business. These companies typically have an overwhelming sense of pride throughout the establishment. For six years Sydney and his research team at Dartmouth's Tuck School of business carried out an extensive investigation of certain major business failures. They found four basic patterns that caused failure: Flawed executive mind-sets, delusional attitudes, breakdown in communication, and leadership qualities that keep a company's executives from correcting their path.
Discussion:
Sydney continues in his article about how to correct from becoming a zombie business. He talks about......
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Approximate Word Count: 480
Approximate Pages: 2 (250 words per double-spaced page)
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