How do business fail?

How do business fail?
First you start spending a lot of money and cutting pay and jobs for your employees and implement new policies that make no real sense but make the employees' jobs more difficult for less pay. Then you give all your executives pay raises and buy them jets and resorts and inform the employees of all the benefits the executives get and tell them to get excited about their job for the bleak hope they could brownnose enough and put down their co-workers enough and alienate yourself from them enough to get one of these executive jobs.