One of the major purposes of Case Study Solutions: The Fall From Grace is to provide a way for people to learn what to do in situations that are less than desirable. The problem of having “bad luck” as presented in the book would involve difficult decisions such as hiring the wrong people for the job, making the wrong moves in the stock market, or giving too much to the IRS.
Jeffrey Sonnenfeld (A): The Fall From Grace states that he grew up in a working class family and experienced failure along the way. In high school, he was involved in several sports and did well in most of them.
Jeffrey Sonnenfeld (A): The Fall From Grace has an extensive reference section, so readers can see some examples of how these ideas work in actual practice. The suggestions and results that he offers are applicable to almost any situation that may be difficult.
Sonnenfeld provides a great example when he explains that a recession helps us because it forces us to think more about things than we used to. He defines a recession as a period of time that coincides with a reduction in spending and a corresponding increase in saving; a time when there is a reduction in job opportunity.
An additional point that Sonnenfeld makes about the impact of a recession is that there is a disconnect between what we need and what we want. One important factor is that we no longer have a high standard of living, and this can cause us to overspend and then over time become unhappy with what we purchase.
The ideas presented in Case Study Solution: The Fall From Grace have a common thread of focusing on the fact that success does not come from looking forward or in the past, but from working toward a future that may not be as we had originally imagined. The central idea here is that we need to think about how we will achieve success in the future and apply that thinking to our current situation.
Jeffrey Sonnenfeld (A): The Fall From Grace provides a valuable resource for teaching and learning because he provides useful ideas that people can apply to any situation that they are currently facing. There are many specific suggestions that are relevant to everyday living, such as saving money and working out at a gym, but there are ideas that apply to all aspects of life, such as avoiding gambling and financial mismanagement.
Sonnenfeld goes on to discuss what motivates us to continue the search for success, and how we can find success even if we reach a plateau of success. He also explains why people may never achieve success in one area of their lives.
The suggestions and ideas presented in Case Study Solution: The Fall From Grace provide real world examples that can be applied to everyone’s life. The information presented provides a tool for inspiring people to take control of their lives, and they may never find the solution to the success they seek.
In Case Study Solution: The Fall From Grace, Sonnenfeld does not provide the solution that will solve all of our problems. His real value lies in his willingness to share information that is valuable to the reader, and he encourages readers to take control of their own life by thinking more about things than they have previously done.
Jeffrey Sonnenfeld (A): The Fall From Grace provides insights that should be used in the classroom and for educational purposes. It provides valuable suggestions that can be easily applied to any situation that may be difficult.