Page 97 - MS Year in Review 2020

“The Icarus Syndrome,” which we define as the demise of a company after a

period of “flying high” with dazzling success.

It also examines a case example of a once high-flying technology company

(Osborne Computer) that experienced the “The Icarus Syndrome.”

Finally, it examines the implications for organizations like Tesla and Zoom,
companies currently “flying high” with dazzling success, but potentially

victims of the “The Icarus Syndrome,” if they do not take necessary
preventative actions.

Part 2 (to be published at a later date) will examine a cases study of a firm
was able to overcome its “growing pains,” avoid the “The Icarus
Syndrome,” and transform into a sustainably successful organization.

This newsletter is addressed to various groups including general readers, our

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clients, and our licensed global affiliates as well as to investors.

To read part 2 of this article please use the link below:

https://www.linkedin.com/pulse/avoiding-icarus-syndrome-case-study-

developing-eric-flamholtz/

Introduction

Once upon a time, Osborne Computer was a high-flying company—just like

Tesla, Zoom, Uber and others too numerous to mention-- are
today. Osborne Computer was a highflying, rapidly growing start-up that failed.

Osborne Computer and its founder Adam Osborne was a victim of what we now
term “The Icarus Syndrome.”

77 Our global affiliates are independent consultants in various countries who are licensed, trained,
and certified to deliver our methodologies and tools. Currently our affiliates are in Argentina,
Bulgaria, China, Italy, India, Kazakhstan, Poland, Russia, Singapore, and Vietnam. See:
www.Mgtsystems.com.

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