Why Most Things Fail

By Paul Ormerod,

Book cover of Why Most Things Fail: Evolution, Extinction and Economics

Book description

With the same originality and astuteness that marked his widely praised Butterfly Economics, Paul Ormerod now examines the “Iron Law of Failure” as it applies to business and government–and explains what can be done about it.

“Failure is all around us,” asserts Ormerod. For every General Electric–still going strong after…

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Why read it?

1 author picked Why Most Things Fail as one of their favorite books. Why do they recommend it?

A depressing title? No not really.

Ormerod has written an entertaining and informative book on the complexity of systems, organisations, and human behaviour. Using many examples, he shows how even dominant organisations can falter and wither away.

He is particularly interesting about the nature of failure, and whether through small increases in better judgement and decision making, organisations can in fact continue to prosper.

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