The dynamics of organizational collapse : the case of barings bank / Helga, Drummond
Material type:
- 9780415399616
- 332.120941 DRU
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Calcutta | 332.120941 DRU (Browse shelf(Opens below)) | Available | IIMC-127421 |
Helga Drummond's exploration is conducted against a backdrop of social and psychological theories of decision error that seeks to go beyond media style accusations of greed and incompetence. She challenges the myth that Barings 'must have known' that mischief was afoot. The book offers lessons for all organizations as it shows how easily managers can end up living in a world of fantasy believing that everything is under control when the precise opposite may be true. It is not risk and uncertainty that should worry organizations, concludes Drummond, but what they are most sure of.
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