Craig Winn and Ken Power have provided an excellent glimpse into what is really wrong with corporate America. Greed and self promotion seem to permeate those who think they know best how to run a company. Filling one's own pockets at the expense of the employees and the shareholders is why we have had so many major business failures over the past several years. This is an insightfull look into the corporate world, is well written and thoroughly researched. I recommend it to anyone who travels in the corporate world or wants to know what is wrong with the company they work for.
I'm Amazed with your superiority,Craig Winn
Published by Thriftbooks.com User , 19 years ago
I'm Amazed with your superiority,Craig Winn. You are a valuable asset for the democratic values and the truth about society and hidden business. Outstanding Book.
Now I know what's killing Corporate America!
Published by Thriftbooks.com User , 22 years ago
This book should be mandatory reading for all Corporate executives and especially all boards of directors. It clearly spells out just what must have happened at Enron, Global Crossings, K-Mart, WorldCom, and so many other bankrupt companies. It's the so called "professional" mangement's pocket-lining greed, unchecked by the board which results in spriraling economic sdeath to the companies, the employees, the shareholders and to everyone EXCEPT the managers. Cudos to Power and Winn for an expose' that finially tells it like it is. Everyone can learn from this one.
Entertaining and an Excellent "Lessons Learned" Account
Published by Thriftbooks.com User , 22 years ago
Ken Power et al does an excellent job of turning several years of memories and experiences into a very readable and detailed behind-the-scenes account of what happened with ValueAmeria. For me, the book became a text book on subjects like IPO, private funding, road shows and passing the baton from founder to CEO. The authors balance enough factual detail with colorful background to make the book interesting. I couldn't put it down. Admittedly (and understandably) self-serving in areas, the book provides insight about what all dot.coms experienced - from people who played on the field rather than watched from the bleachers.
Enron board should have read this book!
Published by Thriftbooks.com User , 22 years ago
The story of this book tells the very interesting tale of the rise and fall of on line retailer Value Amercia. But the lessons to be learned from it's pages are far more important to American business and to America. It seems to reveal a possible pervasive cancer that has the potential to doom the very essence of our economic life...the death of Corportate America. When our "professional managers" care more about personal gain than Corporate good and when companies become morally bankrupt through greed and self serving ambition, business can not survive. When I see the downfall of Enron, Global Crossing, K-Mart and Value American, I see common threads of flawed management character that is vividly revealed in this book. It explains how boards can be easily mislead and what happens when good people fail to stand up when they see bad things happening.I thoroughly enjoyed the book and highly recommend it to everyone who is involved in a business. You will quickly learn that you can be part of its success and part of its demise. If only the Enron board had read this book.....
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