Strategy Learning from Failure

We can learn from failure and success of a company. Executive hubris cause the collapse of one of the company. In 2002, already known to the collapse of Enron, oil companies, because executives disgusting behavior of employees by firing employees en masse, but behind it was reported the company was still able to find funds to finance the $ 200,000 luxury box at what was once called Enron Field. Polaroid Company, reported to cancel retiree health benefits, retired before the company's petition, reported management instead petitioned the bankruptcy court to be allowed to give $ 19 million in bonuses to executives in order not to leave the company. Likewise, companies that pay Webvan CEO who mendurkan himself $ 375,000 annually for life, before the company ceased operations are to lay off employees. Thanks to the incidents publicized uproar about executive greed and arrogance, Americans no longer believe in the big companies to new levels. America's New Economic and promising era of new prosperity is not limited. But it was groundless, Mark Ingebretsen writes in his book Why Companies Fail: Strategies for Detecting, Avoiding, and Profiting from Bankruptcy
. "Many top executives tend to establish the distance to the front lines. The bigger the company, the more likely the top executives lose contact with the front line. This could be the single most important factor that inhibits the growth of the company "says Jack Trout. The experience of the failure of the world's top executives can be used as a very valuable lesson and we do not repeat again. But instead, founder Sam Walton as Wal-Mart, with a modest and humble to visit the front lines (salesman) of
every Wal-Mart stores throughout his life. He even mengabiskan midnight unloading didok and berbicaran the crew. Sam Walton's leadership style is close to the employee coloring corporate culture of Wal-Mart today. In 2003, Wal-Mart was selected as number one company of the most amazing world, Fortune magazine. More information can be found in the book The 10 Rules of Sam Walton: Success Secrets for Remarkable Results

Similarly, when Umar went to Sham Khatab camel ride along with his assistants. Umar took turns with the attendants in the climbing camel. When Umar camel ride, then the assistant who holds the rope, otherwise if the camel ride attendant who holds the rope Umar, and so on until the destination. When he arrived at Sham Omar's turn came to pull the rope, on the way the camels' Umar held the rope and slippers tucked under the left armpit. Governor of Syria, Abu Ubadah know and say, 'O Commander of the Faithful, the authorities have come out Syam your pick, then it does not deserve when they see you like this. "Umar said," It is with Islam because we have to be noble, it does not matter what people say ". Leaders who lead with humility is a noble leader in both the side of God and the human side. In detail can be read in a book Umar: Makers of Islamic Civilization

This entry was posted on Saturday, November 15th, 2008 at 5:21 pm and is filed under Entrepreneurship, Film Design, Change Failure Be Success. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
2 Responses to "Strategy Learning from Failure"

1.
Khabib soleh on November 16th, 2008 at 6:44 pm

Good Start Pak Yanto. With the transfer of SK as the first professor at STMIK AMIKOM. Hopefully pack yanto can contribute more to the people with the mandate. Hopefully with the success yanto pack will be motivation for our young people. and hopefully there will be a professor to two, three etc. from STMIK AMIKOM
Khabib Soleh
Yogyakarta Muamalat
2.
apriyanto on December 6th, 2008 at 3:52 pm

I pack one of several student representatives AMIKOM who has a website run by rekan2 amikom d3tkj students, now has been running 1bln.
Our only view promotions pnya friendster, sms, posters & chat.

My question is where the capital as the minimum we can develop our website and get the ads very much ...?