Icarus paradox
From Wikipedia, the free encyclopedia
(Redirected from Icarus Paradox)
 |
This article is an orphan, as few or no other articles link to it. Please introduce links to this page from related articles; suggestions may be available. (April 2009) |
The Icarus paradox is a neologism coined by Danny Miller, and popularized by his 1990 book by the same name,[1] for the observed phenomenon of businesses that fail abruptly after a period of apparent success. [2] In a 1992 article, Miller noted that some businesses bring about their own downfall through their own successes, be this through over-confidence, exaggeration, complacency. It refers to Icarus of Greek mythology who flew too close to the Sun and melted his own wings. The book is a key source of insight in Escaping the Progress trap by Daniel O'Leary.[3]
[edit] See also
[edit] References
- ^ Michael P. Griffin (December 1, 1990). "The Icarus Paradox.-(book reviews)". Management Review. http://www.accessmylibrary.com/coms2/summary_0286-9218419_ITM. Retrieved 2008-01-06.
- ^ Harry Barkema (January 23, 2003). "The Icarus Paradox". Univers. http://www.uvt.nl/univers/nieuws/0203/17/barkema.html. Retrieved 2008-01-06.
- ^ Danny Miller (January–February, 1992). "The Icarus paradox: how exceptional companies bring about their own downfall". Business Horizons.
 |
This marketing-related article is a stub. You can help Wikipedia by expanding it. |
