For departments to update each other, everything has to be reported to Elizabeth to redirect the messages. Communication Blockage: A notable trick Elizabeth uses to manipulate the employees and investors is to block the flow of information, making her the sole channel of communication.When this happens, employees will become fearful and work like puppets of the executives, not being able to contribute truthful and meaningful work as well as point out potential problems. Anyone who raises concerns or is simply not behaving the way they want is fired or degraded.

Lead Through Fear: Both Elizabeth and Sunny run the company by fear.

There are a few especially noteworthy management themes that run throughout the rise and the fall of the company. The company and its executives do almost the exact opposite of what I learned from leadership and organizational communication. Signs of a Potentially Troubling Company (Employees’ Side)ĭuring my reading of the book, I’m often shocked by how amazingly bad Theranos runs as an enterprise. Who Should Read It: anyone who wants a page-turner or is interested in a case study of failed businessġ. In the following section, I will list some of the valuable takeaways from this epic failure. It is easy to get blown away by the plot and forget about the lessons that can be learned. In addition to the brilliant story, the book also includes some insights from witnesses and Carreyrou himself. Carreyrou, the journalist that exposes the whole scam as well as the author of this book, did a fantastic job of making the story more like a thriller novel than a journal report. The story is so breathtaking and thrilling that I was so shocked by what happened that I questioned if it is even real life. This is one of the few books that I couldn’t stop myself from reading.

The non-fiction book details the rise and fall of Theranos, a multi-billion-dollar scam that promised to revolutionize health care and fooled almost everyone including big names like Henry Kissinger and George Schulz. Bad Blood: Secrets and Lies in a Silicon Valley Startup Overviewī ad Blood is a clear demonstration that real life can be even crazier than fiction writers’ wildest imagination.

Bad blood john carreyrou sparknotes