Max Noble
About Max Noble · corporate strategy and distressed companies

I study why giants fall, so yours doesn’t.

For leaders, boards and the business-curious: the warning signs great companies missed, read from their own accounts, with a verdict and a way back.

Max Noble
The story

I did not need a case study. I was standing in one.

I spent more than ten years at Nokia, including the years it fell. A company the whole world admired. Clever people, real money, long hours. And still it fell.

Nobody in that room was stupid. That is what makes it interesting. Since then I have studied one question: why do great companies fail, and what could they have seen in time?

Most companies don’t die of surprise. They die of the obvious, ignored.

Today I am a Lecturer in Strategy, Finance and Innovation. I host BANKRUPT, a series on great companies that failed, and I am writing The 42 Laws of BANKRUPT: How Giants Fall, out on Halloween, 31 October 2027.

The method

Primary sources. Promise against delivery. A verdict, then a way back.

I read what companies file: annual reports, court filings and what their leaders said in public. I put what they promised next to what they delivered. Then I give a verdict, the BANKRUPT Meter, and the advice I would give the person in charge.

Every number links to its source. I am never paid by the companies I write about, and nothing I publish is investment advice.

How we can work together

Start free. Go as far as you want.

  1. 1 · Free

    The Morning Warning List

    The companies closest to the edge, with the reasons. Two minutes, Monday and Thursday.

    Subscribe free →
  2. 2 · Free · two minutes

    The BANKRUPT Test

    Seven yes-or-no questions about your own company. A score and your biggest risk.

    Take the test →
  3. 3 · The book

    The 42 Laws of BANKRUPT

    Every law opens with the moment a giant broke it. A signed, numbered first edition.

    Claim your number →
  4. 4 · The core

    The Strategy Warroom

    Your leaders investigate your own company. A panel gives the verdict and a 90-day plan.

    How it works →
  5. 5 · For your people

    Keynotes

    How Giants Fall, and Read a company in five minutes. Danish or English, worldwide.

    Keynotes →
In short

Who you would be working with.

  • 10+ years at NokiaIncluding the years it fell
  • LecturerStrategy, Finance and Innovation
  • MSc and BAApplied Economics and Finance, Copenhagen Business School · Financial Services, London Guildhall University
  • AuthorFirst Impressions – The 42 Laws of First Impressions; The 42 Laws of BANKRUPT (2027)
  • KeynotesAcross Europe and the United States
  • 25,000+Follow on LinkedIn

Press and comment → · Speaker sheet (PDF) →

BANKRUPT · Novo Nordisk · 3 min