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Events MISmanagement : Learning from failure
Events MISmanagement is unique text as it looks at events from a very different perspective – that of how and why events fail and what can be learnt from this in both a practical and academic perspective.Using a wealth of international case studies and examples, the text examines:• Why events fail• What can we learn from event failure • How we can improve practice through learning about event failure • How events can be safer / risk adverse • How to reduce the chance of events failing • A wide range of international examples appealing to a wider audienceEach chapter is designed to explore different aspects of how and why events fail and what we can learn from these.Many events fail due to poor planning or human failure and this new text is aimed at understanding how to overcome these issues or reduce the likelihood of failure in the future.The volume provides a case study approach to the event planning process with the cases illustrating how core planning theory and concepts fails to emerge in practice and why.This provides a consistent thread throughout the entire text to link each chapter succinctly.
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State and Finance in the Philippines, 1898-1941 : The Mismanagement of an American Colony
During the First World War, ill-advised steps by colonial officials in the Philippines who were responsible for the colony's finances created a crisis which lasted from 1919 until 1922.The circumstances shook the foundations of the American colonial state and contributed to Manuel L.Quezon's successful effort to replace Sergio Osmea as leader of the politically dominant Nacionalista Party.These events have generally been blamed on a corruption scandal at the Philippine National Bank, which had been established in 1916 as a multi-purpose, semi-governmental agency whose purpose was to provide loans for the agricultural export industry, to do business as a commercial bank, to issue bank notes, and to serve as a depository for government funds. Based on detailed archival research, Yoshiko Nagano argues that the crisis in fact resulted from mismanagement of currency reserves and irregularities in foreign exchange operations by American officials, and that the notions of a ""corruption scandal"" arose from a colonial discourse that masked problems within the banking and currency systems and the U.S. colonial administration. Her analysis of this episode provides a fresh perspective on the political economy of the Philippines under American rule, and suggests a need for further scrutiny of historical accounts written on the basis of reports by colonial officials.
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What does it mean that socialist planned economy separates worlds from capitalist mismanagement?
A socialist planned economy separates itself from capitalist mismanagement by prioritizing collective ownership and control of the means of production. This means that resources are allocated based on societal needs rather than profit motives, leading to more equitable distribution of wealth and resources. In contrast, capitalist mismanagement often results in wealth inequality, exploitation of labor, and environmental degradation due to the focus on maximizing profits for a few individuals or corporations. By separating itself from capitalist mismanagement, a socialist planned economy aims to create a more just and sustainable society.
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What does it mean that socialist planned economy differs worlds apart from capitalist mismanagement?
A socialist planned economy is based on the principle of collective ownership and control of the means of production, with the government or a central planning authority making decisions about resource allocation. This system aims to prioritize social welfare and equality, with the goal of meeting the needs of all citizens. In contrast, capitalist mismanagement refers to the inefficiencies and inequalities that can arise in a market-based economy, where decisions are driven by profit motives and competition. This can lead to issues such as income inequality, market failures, and environmental degradation. The key difference is that a socialist planned economy seeks to address these issues through centralized planning and a focus on social welfare, while capitalist mismanagement can perpetuate these problems due to the profit-driven nature of the system.
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Can you please explain why many corporate crises are caused by mismanagement? Thank you in advance.
Many corporate crises are caused by mismanagement because of poor decision-making, lack of oversight, and failure to address potential risks. Mismanagement can lead to financial missteps, ethical lapses, and operational failures that can snowball into larger crises. Additionally, when leadership is ineffective or disconnected from the day-to-day operations of the company, it can create a culture where problems are ignored or allowed to escalate. Overall, strong leadership, clear communication, and proactive risk management are essential to prevent mismanagement and mitigate the potential for corporate crises.
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Can you please explain why many corporate crises have their roots in mismanagement? Thank you in advance.
Many corporate crises have their roots in mismanagement because of poor decision-making, lack of oversight, and failure to address potential risks. Mismanagement can lead to a lack of transparency, ineffective communication, and a failure to adapt to changing market conditions. Additionally, mismanagement can result in a lack of accountability and ethical lapses, which can ultimately lead to a crisis. When leadership fails to properly manage the organization, it can create a culture of dysfunction and ultimately lead to a crisis.
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