Why Most Things Fail

Why Most Things Fail
First edition
AuthorPaul Ormerod
Original titleWhy Most Things Fail: Evolution, Extinction And Economics
LanguageEnglish
PublisherFaber & Faber
Publication date
April 7, 2005
Media typePrint, e-book
Pages255
ISBN9780571220120
OCLC856654133

Why Most Things Fail: Evolution, Extinction and Economics, is a 255-page book published in 2005 by Paul Ormerod.[1]

Content

The book observes that failures are common, and it often happens because the risk of unpredictability and uncertainty is often ignored. To consider the risk of these uncertainties, that is also proven through game theory, patterns should be analyzed and the connectivity of the parts of a complex system should be ensured. Also, book says appropriate outlooks and positive attitudes to a system on the emphasis of innovation and change rather than stability is needed.The author thinks educated guesses and building the capacity to handle failures is more important.[2]

Legacy

Why Most Things Fail does for business collapse what years of journalism have done for business success. It identifies the subtle patterns that comprise the apparent disorder of failures and analyzes how they occur. The book was named a Business Book of the Year 2006 by Business Week.[3]

Reviews

References

  1. ^ "Boston Public Library catalog".
  2. ^ "Failure: it's perfectly natural". 2005-07-15.
  3. ^ "Business Week article". Archived from the original on 2007-11-17. Retrieved 2007-07-08.
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