The Ten Commandments for Business Failure book cover

The Ten Commandments for Business Failure by Donald R. Keough Summary

The Ten Commandments for Business Failure
Donald R. Keough
4.11 (987 Reviews)
Business
Leadership
Entrepreneurship
Resumen
Puntos Clave
Autor
Preguntas Frecuentes

Overview of The Ten Commandments for Business Failure

Ever wonder why businesses fail? Donald Keough, Coca-Cola veteran who navigated the "New Coke" disaster, reveals ten guaranteed paths to failure. With Warren Buffett's foreword and insights from Bill Gates and Jack Welch, this contrarian masterpiece teaches success by avoiding catastrophe.

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Puntos Clave

1

Failing Your Way to Success: Wisdom from Coca-Cola's Legendary Leader

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What if the secret to success was understanding exactly how to fail? In 1985, Donald Keough stood before the world to announce one of history's greatest corporate blunders-the replacement of Coca-Cola's century-old formula with "New Coke." The public outcry was immediate and overwhelming. Yet rather than destroying the company, this spectacular failure ultimately strengthened the brand when Keough humbly admitted the mistake and brought back the original as "Coca-Cola Classic." This experience forms the backbone of Keough's business philosophy, which transformed Coca-Cola's market value from $4 billion to $145 billion during his tenure. Through his lens, we discover that understanding failure's mechanisms might be our greatest tool for achieving lasting success.

2

The Risk-Aversion Trap: Playing It Safe Will Kill You

3

The Formula Fallacy: When Yesterday's Success Becomes Today's Prison

4

The Executive Bubble: How Isolation Breeds Failure

5

The Infallibility Illusion: Why Leaders Must Embrace Being Wrong

6

The Ethics Edge: Why Playing Close to the Line Always Backfires

7

The Passion Principle: Finding Your Tap-Dance to Work

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