Breaking Failure - 9780134386362

This guide brings together three simple, risk-free, low-cost ways to break cycles of business failure and underperformance: techniques that have repeatedly demonstrated their effectiveness in high-stakes, mission-critical disciplines outside business. Drawing on decades of work 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 products, implement strategy, or launch marketing campaigns. 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. The techniques presented inBreaking Failure aren’t new or trendy: they’ve been working for decades, with lives and billions of dollars on the line. If you want to prevent business failure and underperformance, they’ll work for you, too.For wide audiences of executives, entrepreneurs, managers, marketers, strategists, consultants, and other business professionals who want to improve their performance, reduce their risk of failure in projects or strategy, and move forward in their careers.