James Walsh's Articles in Small Business Advice
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Top 10 Reasons Why Companies Fail
So why do companies fail? We are not talking about mummy’s home-made apple pie business here or the lone geek’s sudden prosperity through sale of weird gaming software. Proper organisations, with all the capital and infrastructure that should have made them tick don’t, and are either bought by someone else, or simply have to shut shop. ‘Top tens’ of various types have become points of corporate joke books by now, and that is because of two reasons. One is that those who write them have either ‘borrowed’ them haphazardly from management best-sellers (and some of these well-acclaimed books are horror reads themselves). The other reason is more common, and is deep-rooted in our psyche. We like to avoid thinking deeply about anything that sounds like advice until we are in dire straits. Let us illustrate this with yet another top ten list below:
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