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"engages in the kind of candid thinking that has long been missing from the high stack of books." (The Wall Street Journal, May 26, 2005)
"According to the author, six key elements embedded in disasters are ′complexity, tight coupling, management choices, cognitive biases, business not as usual, and failure of the operational team.′ In unison, these are lethal, he cautions. ′Systems that adapt well to error anticipate it, actively seek information, use checkpoints to control the spread of error, and invite countervailing forces to oppose error.′ So, what′s the insight for businesses? ′Design of organisation structures and business processes could employ similar principles to thwart M&A failures,′ counsels Bruner. Part II of the book has ten case studies, including AOL–Time Warner, Mattel–The Learning Company, and Renault–Volvo. Part III is about `conclusions and implications′. Bruner dins in before parting: ′The growth that matters is growth in economic value. The rest is smoke.′ Fiery read!" –– D. Murali, The Hindu Business Line
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"engages in the kind of candid thinking that has long been missing from the high stack of books." (The Wall Street Journal, May 26, 2005)
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"Merger" is the consolidation of two firms that creates a new entity in the eyes of the law. Read the first page
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