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It’s humans to make mistakes and the corporate world is no different. Despite the fancy management degrees of the top echelons in most of the fancied corporations in the world, there have been many an instance of glaring blunders which the world has seen. Robin comes out with his second book, post the very successful one earlier on “corporate frauds”. Given his vast experience in the corporate world, Robin has gathered a wealth of knowledge on the intricacies of the corporate world.
‘At a time when a major part of the public narrative is dominated by the Insolvency & Bankruptcy Code, Robin’s latest book is both timely and topical. It is nobody’s case that mistakes are a sin and, hence, unpardonable. The fine tag line “The Dumb Side of the Corporate World” subtly endorses this. When mistakes are “made” rather than “happen”, the author has an issue. And this is precisely what he has chosen to describe, illustrate and draw experiences from. As always, Robin’s style is conversational, anecdotal and provocative.
‘A classic treatise by Robin. It is a very engaging, informative and easy-to-read book! It will make you reflect and introspect! I thoroughly enjoyed reading it!’
‘Success stories have many narrators and many fathers. But stories of failure are often swept under the carpet or are simply justified or externalized. This book brings stories of failure into the limelight. The author tells story after story—on how lack of professionalism spells demise of family businesses, how macho M&As falter on implementation, how poor corporate governance destroys mighty business empires, how inability to innovate derails erstwhile market leaders, and how overstretching with debt kills companies— several recipes of failure, indeed!
‘Even while driving on a straight road, we keep an eye on the rear-view mirrors while looking ahead through the windscreen—in business life, this holds true too. Business cycles are getting shorter and technology is disrupting industries. This book from Robin helps us look at possible areas of failure as we navigate the VUCA world.’
‘Good decisions come from experience. But experiences come from bad decisions. However, most books and case studies in management are about successful companies. Drawing on details from diverse industries, Robin identifies the reasons for failures and how managers can learn from mistakes to build enduring organizations. This book is a must-read for every management professional.’
‘First 50 years of the 21st century will be remembered for innovations, start-ups, M&As and business blunders. Robin has showcased plenty of real-life instances of business mistakes so that readers do not fall prey to them. I am confident that this book will become a precious treasure to all connected with businesses— small or big.’
‘The book is a back-to-basics reminder on the fundamentals of leadership. It serves as a pedagogical guide to those who love to learn from mistakes. The refreshing real-world examples make it an easy-read for a practical approach to building businesses.’
‘The book is well researched and beautifully written, engages the reader and has innumerable examples with succinct analysis. A complex subject well explained in a lucid and interesting way! It is a must-read for all!’
‘Robin takes you through the graveyard of once great companies and narrates a compelling story of how they got there—how blunders in quality, innovation, debt, M&A and greed took them there. It is a must-read if you want to successfully navigate in this unforgiving world of modern business, where if you don’t change fast, you will succumb faster.’
‘Hidden in wraps behind a lot many corporations which otherwise appear successful are unacceptable stories of poor governance, poor management, failing Boards and oodles of unacceptable management practices. The entire journey of value creation seems to be travelling on a road full of potholes for values! This is a well-investigated book of such corporate tales. Read on, and get a first-hand feel of corporate thrills from the eyes of Robin, the corporate James Bond!’
‘Robin’s well-researched book provides insights into how many of the issues facing corporates today are a result of leaders having made wrong choices. The impact of their decisions can often be devastating and far reaching both for them individually and more importantly for their organization. Robin has analysed some of these instances, drawn conclusions from them and attempted to provide alternatives on how such situations could be addressed in future. It is a “must-read” for all leaders who want to make a difference.’
‘The book on “corporate blunders” is very timely and useful, especially for the small and medium enterprises, who are always trying to make the best during difficult times. Learning from numerous easily worded examples in the book, it should go a long way to help the business community to run their businesses better, especially the new entrepreneurs. I suggest every entrepreneur to read this book and grow.’
‘It is a fascinating and well-researched presentation, covering all major business predicaments right from minor follies, quality compromises, disputes and conflicts, poor governance and unbefitting capital structure, that may eventually culminate into business failures. This brilliant work makes compelling reading for business professionals to design a guiding framework in their corporate philosophies and culture, to avoid walking over the ubiquitous fault lines.’
‘This book is a bold and transparent narrative on the disastrous consequences of compromising on ethics and quality in trying to make a business more profitable. It is an absolute must-read for every CXO/promoter/entrepreneur—who wants their businesses to stay relevant in a rapidly changing environment. The lessons learnt from blunders by industry leaders should resonate very strongly with leadership teams focused on creating and growing a sustainable business respected by customers and regulators.’
‘There are several books that extol business successes, but very few on business failures. This book teaches the reader that businesses are indeed not failure-proof, but there are certain mistakes that can be cautiously avoided to put your brand on the track to success. In this well-researched book, the author explains logically how the lack of relevant innovation, consumer transparency, good governance and professionalism, among others, may cause companies to fail.
‘Robin has done it again. Like his previous books, this one is also interesting, informative and easy to read, and can be appreciated by a wide spectrum of people. I hope you enjoy reading it as much as I have. Happy reading.’
‘This book is a sensor that will help corporates to sense early on if they are on their way towards a fall. It is a potential fall detector. The book will be a great addition to corporate and management school libraries.’
‘The book is very cognizant of how critical decisions, inflexible traditionalism and momentous mismanagements have resulted in big industry blunders and lost billions. I liked Mr Banerjee’s unique insight into all the realistic cases discussed in this book. I strongly recommend it to all entrepreneurs.’
‘Thanks to Robin for this unique book! While success stories inspire us to “do more”, we draw our caution from stories of failures to “do it right”. Too much noise around “Thunders of Success”, while “Blunders of Failures” remained hidden so far!’