
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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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.
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