In change
, in today’s times, lies the only constant, one often reads but barely interprets. From heavy weight (and ageing) politicos to top corporate houses – to consider an Indian angle – be it the sun kissed broad roads of sealing-affected Delhi or the vertically skyrocketing commercial hub of the sub-continent, leaders of all fronts and heritage are known only too well to have downplayed competition whiledismissing it as another adventurer and eventually ending up in submission to that very same ‘adventurer’. It’s perhaps a pattern on this ever evolving planet, maybe a cycle – an unwritten code, as indeed “it’s too easy to be trapped in the exhilaration of the present to believe you’ve found the true and everlasting formula for sustained success” which assuredly “doesn’t exist.” Thereby cold shouldering further deliberations on the desi front, Robert J. Herbold in his corporate advisory, Seduced by Success introduces us – with great length and detail – to the ‘Nine Traps’, that according to him, corporations must avoid to not only survive bouts of depression but continue to evolve as a pioneering organization widening in depth and holding on to the envied position of being number one.
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Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
