These companies failed because leaders did not want to hear bad news: The Ostrich Effect
Idea to Value
JANUARY 4, 2022
Have you ever worked for a manager or boss who did not want to hear bad news? However, my manager instructed me to continue showing predictions that it was perfectly possible that we would meet the targets, something I argued with him about often. Two examples where leadership failed to take on board bad news are Volkswagen and Nokia.
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