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Essay text:
This author has written
a best seller on the subject, and in this article he
discusses how leaders can be not only instruments
of success, but sometimes also architects of failure
By Sydney Finkelstein
Sydney Finkelstein is the Steven Roth Professor of
Management at the Tuck School of Business at
Dartmouth College, and the author of Why Smart
Executives Fail (Portfolio Books, a division of
Penguin Putnam, 2003). This article is based on
the book.
The past few years have witnessed some admirable
business successes-and some exceptional failures.
Among the companies that have hit hard times are a
few of the most storied names in business - think Arthur
Andersen, Rubbermaid and Schwinn Bicycle - as well
as a collection of former high flyers like Enron, Tyco
and WorldCom...
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