Mistakes in Business | Sir Martin Sorrell | Oxford Union

Sir Martin Sorrell talks about his own mistakes in business and advise upon making those mistakes.

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Sir Martin Sorrell talks about when WPP did the Ogledi deal. He touches on his mistake he made what he thought a convertible preferred was, but has now learned that in a recession it's a preferred and in boom times it's a convertible (equity).

Says that everyday you make mistakes but the trick is to make more right decision than wrong decisions.

Filmed on 22nd October 2012

Sir Martin Sorrell's full address on 'The Changing World'

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ABOUT SIR MARTIN SORRELL:

Sir Martin Sorrell became CEO of WPP in 1986, which has since grown to be the world's largest advertising and marketing services group. He is an adviser for various international business schools, including Harvard and the London School of Business. His public recognition has earned him a number of awards, including a knighthood in January 2000

ABOUT THE OXFORD UNION SOCIETY:

The Union is the world's most prestigious debating society, with an unparalleled reputation for bringing international guests and speakers to Oxford. It has been established for 189 years, aiming to promote debate and discussion not just in Oxford University, but across the globe.