The Icarus Syndrome: Execs Who Fly Too Close to the Sun
David was extremely gratified when he was named businessman of the year. He felt he deserved the recognition. Many articles had portrayed him as an entrepreneur who had reframed his industry, which gave him the courage to make his boldest move yet: taking over his largest competitor. Some analysts had said that he paid far too much for the company. Then bankers became nervous and soon reporters joined in.
To read the full article in Insead Knowledge, click: The Icarus Syndrome: Execs Who Fly Too Close to the Sun.