Derailed Five Lessons Learned from Catastrophic Failures of Leadership

ISBN-10: 159555274X

ISBN-13: 9781595552747

Edition: 2009

Authors: Tim Irwin

List price: $24.99
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Description:

Vibrant stories of well-known execs who failed spectacularly as senior executives of major corporations.Bob Nardelli, Dick Fuld, Don Carty. What do they have in common? All were execs in huge corporations, and all resigned under less-than honorable circumstances. What derailed them? During Nardelli's tenure as CEO at Home Depot, he collected a tidy240 million while his company's stock stayed flat as that of its biggest competitor, Lowe's, doubled. It's hard to tell what sunk him in the end: was it stockholder disgust or his hardnosed and autocratic style? He was ousted in 2007.Fuld was the last CEO of Lehman Brothers Holdings, Inc., which led America's banks into bankruptcy in 2008. Employees were left with nothing in their hard-earned retirement accounts, and no severance packages at all, while stockholders fared no better.At American Airlines, Carty was the vp for finance and planning while the airline was dealing with a1 billion quarterly loss and a labor strike at the same time. An unpleasant day at the office was made even worse when the labor unions discovered a backroom deal that flowed41 million in bonuses toward several of the board members. He stepped down in 2003.Read about these and other colorful and entertaining derailers who misread the symptoms of their own doom and failed to take the corrective actions needed to sustain their viability as leaders. Tim Irwin chronicles the vibrant stories of well-known leaders who failed as senior executives of major corporations.
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Book details

List price: $24.99
Copyright year: 2009
Publisher: Thomas Nelson Incorporated
Publication date: 11/3/2009
Binding: Hardcover
Pages: 240
Size: 6.50" wide x 9.25" long x 1.00" tall
Weight: 1.034
Language: English

Tim Irwin, Ph.D., is an author, speaker, and leading authority on leadership development, organizational effectiveness, and executive selection. He has consulted with many Fortune 100 companies and served in a senior post for a US-based company with more than 300 offices worldwide.

Foreword
Preface
Running Off the Rails
Derailed
Profiles in Derailment
Derailment in Slow Motion
Derailment Is a Process
Stating on the Rails
What's Your Character Quotient?
The Real Deal
Get Ahold of Yourself!
The Star of Your Own Show
An Amazing Ordinary Hero
On Track for the Long Haul
Five Critical Lessons Learned
Habits of the Heart to Stay on Track
Epilogue
Notes
Acknowledgments
About the Author
Index
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