Corporate failure can be devastating for employees, investors and those who do business with a company, yet we still haven’t really got to grips with why it happens. Every year seems to bring another round of corporate disasters in which outwardly successful businesses with high-profile leaders suddenly collapse. Thirty years of corporate governance reform doesn’t seem to have made a lot of difference or given us much insight into the reasons why organisations fail.
What often looks like a sudden disaster is usually the result of problems building up over years and coming together in a perfect storm. This conference aimed to understand how the various aspects of potential organisational failure compound each other and eventually align to produce a catastrophic business collapse. Drawing on the varying perspectives of an expert panel, this event gave some in depth insights into the reasons that may underpin corporate failure.
Watch the full PARC Conference here:
Setting the Scene with Margaret Heffernan 0:05
The Signs Were There with Tim Steer 10:45
Project Management with Stephen Carver 1:10:39
Decision Making and the Psychology of Corporate Failure with David Tuckett 1:55:12
The Legal Pitfalls with Diane Gilhooley 2:48:40
Summary with Margaret Heffernan 3:28:24
Watch individual speaker summaries here:
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