Tag: Standards
Boom. Crash. Catastrophic failure and collapse.
History is littered with corporate failures that involve massive loss of jobs, investor, supplier, and client financial losses. Empires flourish for a while, then go into decline. Some last longer than others.
The larger the failure, the more complex and difficult it can be to trace back to the singular cause. Complexity can cover up the real issues. However, a thorough investigation by people who know what to look for can often reveal lapses in standards, honesty, and ethics long before the terminal collapse.
These lapses often (but not always) begin at the top – with the leadership, and then filter down throughout the organization.