Business Blunders
(Geoff Tibballs)
For journalist-turned-full time author Geoff Tibballs, the biggest business blunder has been choosing the wrong lottery numbers week after week. But his highly entertaining book captures a rich variety of business blunders across the globe spanning different industries. As the beautiful preface by the legendary Sir John Harvey- Jones remarks, the fine balance of business is in making affordable mistakes and avoiding the atomic explosion of the true business blunder. But Sir John?s best compliment to the book is in his hope to make his own contributions to the ensuing volumes. Though Tibballs never makes the claim that this is an educative book, the humorous collection of blunders is indeed a ready reckoner for valuing the spirit of enterprise and innovation. Tibballs divides the blunders under clearly defined categories ? that makes for very interesting reading. Under Flawed concepts, we have the New Coke experiment that failed to click and the ill- famed IBM lethargy that made Microsoft speed away with all the glory in personal computing business. There are also some lesser-known blunders like the AC Gilbert Toy story or the Irish Canal experiment. Under Bankers? Errors, we have the Barings collapse covered in great detail. The Sting covers tales like the fake Hitler diaries and biography of Hollywood producer Howard Hughes. Do not miss the Sale of the Eiffel Tower and The Day The Circus didn?t come to Town. Truly hilarious accounts, of course they seem so only in retrospect. Missed opportunities is devoted to stories like that of Dick Rowe who turned down the Beatles and Napolean?s unfulfilled dream due to the sale of Louisiana state. Money Down The Drain is a wonderful collage of stories like The Advanced Passenger Train, The Hoover Flights Fiasco, The Montreal Olympics Ruin, Raise the Titanic movie disaster and a life time holiday ? thanks to a computer error. Throughout the pages, Tibballs?s narrative is rich in humour and precise to the point. And he tells each story with exceptional flair ? whether a popular blunder or a lesser known chaos. In the process, he strikes a chord with the reader. This is a great tribute to the spirit of business. As Sir John Harvey- Jones puts it, this book makes for fun reading and yet carries a subliminal message for us all.
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