Northwestern Polytechnic University Internet Paper

User Generated

Orneq_thl

Business Finance

Northwestern Polytechnic University

Description

Go to https://hbr.org/2003/02/why-bad-projects-are-so-hard-to-kill and read the perspective on the difficulty in killing bad projects. 

Q ) What are some of the critical stories or pieces of advice offered by the blog writer and those commenting on his suggestions? How do corporate politics play a role in the continuation of poorly conceived projects? Which of these arguments makes the most sense to you? Why?

Explanation & Answer:
2 pages
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Explanation & Answer

Attached.

Running Head: BAD PROJECTS

1

Bad Projects
Student’s Name
Instructor’s Name
Course
Date

BAD PROJECTS

2

Losing $580 million is a big deal: it’s critical. That’s the amount RCA lost in 1984 after a
bad project was shut down. The effect was felt to 14 years back the life of the company. The selfbelief of the steers, the drivers, the managers or the bosses. They believe that they can coin
something. Managers get over-confident with the projects of their own making. The disease is not
a product from outside the company. The disease is bread internally. Employees may be innocent
for a while but later guilt takes charge: they choose to speak out or low depending on the type of
relationship extends between them and their bosses.
An amount amounting to $300 million was lost by Essilor’s company back in the 1990s....


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