“From start to finish, it took the new management less than twenty-three months to destroy a company that had existed for over a century and a third.”
– Excerpt from Scuttled: The Sinking of the Palmer Cay.
What management wisdom did Jim and his colleagues ignore? Ron gives a simple, rather proverbial list that sums it up:
Haste does make waste.
Ethics do matter.
A plan with poor execution is doomed.
Be aware of empty suits.
Business models are useful tools but not fixed formulas.
Don’t bet the ranch after age forty-five.
Have an integration plan.
Discover all the crucial details in
Scuttled: The Sinking of the Palmer Cay.