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| | Book Review of When Giants Stumble: Classic Blunders and How to Avoid Them by Robert Sobel. (Site not responding. Last check: 2007-10-15) |
 | | As Sobel studied business, and gave talks on blunders, he found audiences were not interested in IBM, Edsel, Coca-Cola and others, "because these were well covered" and the people already knew the stories. |
 | | As Sobel correctly observed, planning involves peering into the future, and as Mark Twain noted, "it is difficult making predictions, especially about the future." For the historian, the problem is putting the actions into the context of the time. |
 | | Sobel quotes Mark Twain: "History does not repeat itself, but it rhymes." There are some things you can learn from the past, but Churchill said that chance determines outcomes: "History with its flickering lamp stumbles along the trail of the past." |
| www.theleaderscompass.com /giantstumble.htm (1425 words) |
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