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Selection Bias and the Perils of Benchmarking (Spanish version)
Denrell, JerkerArticle HBS-R0504HStrategyThey persist, often despite initial failures, and they are able to persuade others to join them. But those traits are also the hallmarks of spectacularly unsuccessful entrepreneurs. To discover what makes a business successful, then, managers should look at both successes and failures. Otherwise, they will overvalue risky business practices, seeing only those companies that won big and not the ones that lost dismally. They will not be able to te...Starting at €8.20