Tuesday, August 07, 2007

Further reading in worst practice

Following on the post from yesterday, if "Good to Great" and other such books aren't useful in teaching management lessons, which are?

I'd point people to "Conspiracy of Fools" by Kurt Eichenwald as a great example of documentation of worst practice in business. Despite the financial Rube Goldbergiana that's a crucial part of Enron's misbehavior, Eichenwald does a great job of describing a dysfunctional culture and the many poor decisions that resulted, thanks to greed, arrogance, hubris and lack of perspective.

The Enron documentary, "The Smartest Guys in the Room" is another way to experience the flood of mistakes made by Lay, Skilling and Company.