Fantastic story about learning from failure at Best Buy
My friends over at Strategy + Innovation published a remarkable - and very honest - story from Brad Anderson, the former CEO of Best Buy. In the article, he describes the misbegotten acquisition by Best Buy of a chain of music stores known as Musicland. It's a cautionary tale of how wrong one can be when making assumptions, but also how even devastating disappointments can create productive learning. Onward with "intelligent" failing - which will be the subject of a forthcoming article to be published in the Harvard Business Review.
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- Posted: Monday, January 31, 2011
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Next entry: Loved Scott Anthony’s Analysis of On the Brink Disrupters Previous entry: Deep and interesting piece on knowledge management over at the HBR Blog
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