- Hardcover: 286 pages
- Publisher: OUP Oxford (5 Dec 1996)
- Language English
- ISBN-10: 0198289537
- ISBN-13: 978-0198289531
- Product Dimensions: 14 x 21.6 x 1.9 cm
- Amazon Bestsellers Rank: 1,555,421 in Books (See Top 100 in Books)
- See Complete Table of Contents
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"The development of a diverse set of perspectives from which to view escalation should lead to greater insights into the phenomenon...Drummond's book may one day be viewed as an important catalyst in the further development of the escalation literature."--ASQ
Product Description
Getting organizations going is one thing. Stopping them is another. This book examines how and why organizations become trapped in disastrous decisions. The focal point is Project Taurus, an IT venture commissioned by the London Stock Exchange and supported by numerous City Institutions. Taurus was intended to transform London's antiquated manual share settlement procedures into a state of the art electronic system that would be the envy of the world. The project collapsed after three year's intensive work and investments totalling almost £500 million. This book is an in depth study of escalation in decision making. The author has interviewed a number of people who played a key role and presents a most readable account of what actually happened. At the same time she sets the case in the broader literature of decision making.
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First Sentence
In 1993 an investor called Jim (a pseudonym) bought 1,400 shares in a company known as Spring Ram. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
In 1993 an investor called Jim (a pseudonym) bought 1,400 shares in a company known as Spring Ram. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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