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There is no denying the global economy is changing at a rapid pace. Competition is increasing in intensity, technology is increasing in complexity, and innovation is increasing in importance, but approaches to managerial decision-making have not kept pace. This rigidity explains such corporate disasters as the blowout, explosion, and fire at the BP drilling platform in the Gulf of Mexico in 2010, the total collapse of the residential mortgage industry that started in 2006, and the use of lead paint on children's toys revealed in 2007. Managers today face 21st century problems, and Avoiding Corporate Breakdowns provides the means of solving these very problems.