Risk, commitment, and project abandonment
This article deals briefly with the most loathsome of business topics — the admission of failure. Rather than actively encouraging project “Anti-champions”, many organizations experiencing financial duress inadverdently stifle opposing opinion. In some cases recognition is delayed until it is too la...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Interlibrary Loan: | Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany) |
| Published: |
1991
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| In: |
Journal of business ethics
Year: 1991, Volume: 10, Issue: 2, Pages: 157-159 |
| Further subjects: | B
Failed Project
B Business Situation B Business Topic B Open Communication B Economic Growth |
| Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |
| Summary: | This article deals briefly with the most loathsome of business topics — the admission of failure. Rather than actively encouraging project “Anti-champions”, many organizations experiencing financial duress inadverdently stifle opposing opinion. In some cases recognition is delayed until it is too late. This is unfortunate since failure can be managed like any other business situation. Companies with CEOs that foster open communications between finance and operations are more likely to avoid escalating commitment to failed projects. |
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| ISSN: | 1573-0697 |
| Contains: | Enthalten in: Journal of business ethics
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| Persistent identifiers: | DOI: 10.1007/BF00383619 |