When Brains Are Not Enough
Even high intelligence and experience do not instinctively produce the BEST solutions.
Smarts and experience. Who could ask for anything more when assembling a project team?
How then do we explain the 70% to 80% failure rate on acquisitions? Don’t organizations assemble their A-team for acquisitions? Don’t they engage investment bankers– firms that hire the cream of MBAs from the top schools?