These companies failed because leaders did not want to hear bad news: The Ostrich Effect
Idea to Value
JANUARY 4, 2022
We had a target to hit, and I was responsible for producing the reporting for the rest of the leadership team (of which he was one), but as time went on it became clearer and clearer that it would be impossible to hit the target, which would have an impact on the overall team budget. The fear that froze the company came from two places.
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