Breaking Failure: How to Break the Cycle of Business Failure and Underperformance Using Root Cause, Failure Mode and Effects Analysis, and an Early Warning System

Alexander Edsel

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Language: English

Published by Pearson Education (US), 2016

0134386361 / 9780134386362

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Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.World of Books (was SecondSale)

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Despite advances in technology, theory, data analytics, and strategic planning techniques, business failure and underperformance continue unabated. By recent estimate, products have a failure rate of 42%, and 84% of marketing programs fail to generate positive ROI. Why? Is it incompetence? Overconfidence? Bad timing? Global competition? Sometimes? but rarely. These factors simply don?t explain why smart, well-educated and seasoned professionals and companies fail at such high rates. Breaking Failure offers simple, risk-free, low-cost ways to break cycles of failure and underperformance by adapting three well-proven techniques from disciplines outside business. Building on techniques proven in manufacturing and space exploration, you?ll learn how to use Root Cause Analysis (RCA) to uncover the root cause of problems, so you can solve them and once and for all. Next, utilizing well-proven Failure Mode and Effects Analysis (FMEA) techniques, you?ll learn how to anticipate potential failure points before you introduce your product, implement your strategy, or launch your next marketing campaign. Third, you?ll learn how to use an Early Warning System (EWS) to identify ?driver? variables in your business, gaining timely and actionable insights without the intense complexity of conventional predictive modeling. These techniques aren?t new or trendy: they?ve proven themselves over decades in some of the world?s highest-stakes, most mission-critical environments. If you want to prevent business failure and underperformance, they will work for you, too.…

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Title
Breaking Failure: How to Break the Cycle of Business Failure and Underperformance Using Root Cause, Failure Mode and Effects Analysis, and an Early Warning System
Author
Alexander Edsel
Publisher
Pearson Education (US)
Publication year
2016
Condition
Good
Binding
Hardback
Language
English
ISBN 10
0134386361
ISBN 13
9780134386362

World of Books (was SecondSale)

Montgomery, IL, U.S.A.

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Founded in 2002, World of Books is a leading online destination for buying and selling both preloved and new books, committed to making sustainable reading accessible to all. With a mission to help people read more and waste less, World of Books offers a huge range of affordable, high-quality books — giving both new and preloved titles a second life. The company also operates World of Books – Sell Your Books, an easy-to-use platform that allows customers to trade in unwanted books for cash, helping to keep books in circulation while promoting sustainability. As a Certified B Corp, World of Books is driven by a vision to become the world’s largest and most sustainable dedicated online bookstore. The company measures its success through the positive environmental impact it creates, the value it provides to customers, and its ability to operate profitably while supporting its sustainable mission …

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