Robert Herbold once again demonstrates his understanding business leadership in Seduced by Success. The former COO of Microsoft and VP of Marketing from P & G reveals the pitfalls of success and what businesses need in order to stay great. Success can be blinding. General Motors, Kodak and IBM are examples of top companies that embraced their hubris nature and paid the price of complacency. The nine biggest success traps...
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Bob Herbold's "Seduced by Success" is a very intesting read packed with practical lessons for any business person. Lots of well researched stories of once successful companies who became testimony to the old Biblical adage that "Pride comes before the fall." Robert C. Wallace, CEO, Wallace Properties, Inc.
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To me, one of the most interesting paradigm shifts involves a paradox: at a time when change is the only constant, precisely the same elements which result in a given company's success can often be the causes of its subsequent decline. That seems to be the core concept in this book in which Robert J. Herbold explains "how the best companies survive the 9 traps of winning." Conversely, many other of the best companies (however...
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This is a very well researched and insightful book. I highly recommend it. The author, who was Microsoft's COO for 7 years in the mid-late 1990's, analyzes 44 different companies, digging into whether they were able to sustain success. The reader learns why companies like Kodak, Sony, GM, and many others have had so much trouble remaining successful, while companies liked Toyota, Starbucks, P & G, and Fidelity Investments...
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