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CBSMoneyWatch: 10 Reasons Why Ideas Fail

Mismanagement

Maybe former HP CEO Leo Apotheker had the right idea to transform the company into a software company, but the way to go about it wasn't to telegraph his plan to sell the company's $41 billion personal systems group more than a year in advance. All that succeeded in doing was confusing customers and getting him fired. If mismanagement can happen to HP, Nokia, Sony and hundreds of other big companies, it can certainly happen to you.

(AP Photo/dapd)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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