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Course Objectives

This course will create an awareness of the reasons why organizations, groups, and individuals experience downturns and what might be done to identify and avoid potential failure. The symptoms and, more particularly, the causes of failure will be examined in depth, as well as the techniques that may be used to identify the onset of difficulties as early as possible. Successful recovery strategies will more likely be achieved if the problems are recognized early.

The Following Issues Will be Addressed

  • What failure is from individual, group, and organizational perspectives

  • The causes for failure

  • The natural process of organizational decline

  • How leadership and management differences can influence failure and recovery

  • How success might be a source of failure

  • Whether there might be a new beginning for business after failure and strategies for recovery

  • Current business cases related to failure and turnaround

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