Politicians and economists frequently make dire predictions about the economic impact of business failure, but as Gershenoff's example makes plain, businesses frequently die (in Gershenoff's case, he switched to sports apparel) only to be replaced by others.
No wonder, then, that, in a new survey of business executives, respondents overwhelmingly said that, of the potential crises that could impact their company, a data breach or technology failure would have the most negative impact, followed by a natural disaster such as hurricane or earthquake.
But despite extensive coverage of Liu's failure and its impact on his marketing potential, he's far from alone.
There is no figure with as dynamic an impact on the success or failure of a college athletic program than the coaching staff.
The Dems. would emerge from the process able to say that they fought hard and succeeded in protecting Medicare and Medicaid- the entitlement programs that can have a huge impact on electoral success or failure.
Gingrich has intriguing - if not entirely original - ideas about the impact of new communications technology, the failure of the American education system, and the role of welfare payments in undermining the work ethic.
Some explicit criticism also came from Wall Street, where analysts were quick to dismiss the study for several reasons, including flaws such as a failure to evaluate the potential impact of label changes on reporting.
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The whole system is built to allow failure to occur anywhere with minimal impact.
"You'd have to have a catastrophic failure a rupture from impact for any fuel to be released, " he said.
Meanwhile, Republicans are continuing to whittle away at the law's impact and are hoping that Obamacare's failure could become a rallying cry.
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New leaders often fail for a few common reasons: due to unclear or outsized expectations, a failure to build partnerships with key stakeholders, a failure to learn the company, industry or the job itself fast enough, a failure to determine the process for gaining commitments from direct reports and a failure to recognize and manage the impact of change on people.
Philanthropy without scale is simply a failure of the imagination that limits your potential impact.
But for juicers and non-juicers alike, failure to achieve HOF distinction has a financial impact on future revenue streams.
Failure to act now will have a significant impact on standards in future.
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After all, that's what such a designation means -- that the institution's failure must be avoided because of its potential impact on the economy or financial system.
"The combination of a wholly unrealistic time frame for responses along with a failure to seek an independent and comprehensive market impact assessment from Ofcom demonstrates disregard for the principles of good regulation, " he added.
The same issues that create systemic failure and success with money on a global scale also impact us personally.
The failures of the largest financial institutions in the US, UK, and Europe as well as the failure of industrial firms during the prolonged crisis have an impact beyond their home countries.
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Then, in November 2008, another study of nearly 15, 000 participants indicated that taking vitamins C or E had no impact on the incidence of heart attack, stroke, congestive heart failure or angina.
If Silver Wheaton chooses to terminate the contract with Barrick over a failure to meet its commitments, it will have a negative impact on its expected silver stream quantity by 2017.
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Meanwhile, any continuation of euro zone debt problems or failure to control spending in the U.S. will have its impact on those emerging markets that, while rich in capital and probably even rich in spirit, are by Western standards still quite poor as a whole.
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The final document was widely perceived to be a failure, largely because it was insufficiently specific to have any real meaning or impact.
And a failure to meet our obligations would be a grave mistake that would have a grave impact on both the American economy and the global economy.
But Japan's real mistake was its loose monetary policy to offset the impact of the rising yen which further inflated the bubble and then its failure to ease policy once the bust had happened.
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