Billion Dollar Lessons by Paul B. Carroll

What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Years

An analysis of dozens of high-profile corporate failures that distills the recurring strategic mistakes behind them. It highlights patterns such as ill-conceived consolidation and roll-up schemes, overreliance on financial engineering, and chasing hot markets or technologies without evidence, along with the warning signs leaders often miss. It offers practical checklists and decision tools to test assumptions, encourage dissent, and run disciplined experiments so organizations can avoid costly strategic blunders.