Write-downs, as I have underscored in the past, are a clear sign of management failure.
Investigators said the shortcomings pointed to serious and wide-ranging management failure leaving the council exposed to a higher level of financial, legal and reputational risk.
But we do know that this tragedy was triggered by a failure at the Upper Big Branch mine -- a failure first and foremost of management, but also a failure of oversight and a failure of laws so riddled with loopholes that they allow unsafe conditions to continue.
Given that managers are paid to create value, not destroy it, asset write-downs reflect management incompetence and failure to allocate capital effectively.
FORBES: Big Write-Downs Usually A Red Flag For Failed Management
The failure by corporate management and their legal advisors to confront these issues in any serious fashion is not surprising given the wholesale failure of the participants and facilitators in this industry to have undertaken a serious analysis of these risks.
Yet the record will prove that active management is a catastrophic failure to achieve that goal.
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But a heady combination of management incompetence, technical failure and extraordinary incompetence brought the company to earth.
Pat McFadden, the Labour MP for Wolverhampton South West, said that Stafford was really a failure of management within the hospital itself.
While acknowledging the failure in management over the Stafford Hospital scandal had been "deeply embarrassing", he also believes good managers are a force for good.
Corporate complacency, in turn, leads into corporate blindness, the failure of management to see that their markets reach saturation or are undermined by alternative products.
They face similar problems: demoralised staff and a bad image due to years of losses, and a lack of management credibility given the failure of past rescue efforts.
"It's a classic failure of management and leadership in BP, " said Robert Bea, an engineering professor at the University of California, Berkeley, who previously worked as a safety expert for BP.
However, what it fails to recognise is that the structural failure of management is embedded in an even wider context, namely how in our society we run our economies and corporations.
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This strategy was simple in conception but heartbreakingly difficult in execution, being based on flawed assumptions, an irreconcilable gap between strategic design and execution, and a comprehensive failure of management information systems.
None of the men has been formally punished for their roles leading up to HBOS's failure, despite what the commission described as a "colossal failure of management" and a strategy dating back to 2001 that "sowed the seeds of disaster".
None of the three former bosses have been formally punished for their roles leading up to HBOS's failure, despite what the commission described as a "colossal failure of management" and a strategy dating back to 2001 that "sowed the seeds of disaster".
There's an upside to failure in the management skills that it teaches, but the company apparently hasn't failed at anything so far.
Packed with data from dozens of academic studies, this book shows the hard facts about the failure of active management and the fund companies who profit from it despite the chronic underperformance.
Wells Fargo's revised policy takes back unpaid compensation awards in the event of misconduct, material error, failure to supervise or in the event the company or an individual executive's business group has a material downturn in financial performance or failure of risk management.
However, it was held on files in different departments leading to a failure in "knowledge management".
Study of the causes of failure would improve pension management going forward.
The failure of a private management company to repay a Cambridgeshire NHS hospital's debts could lead to the facility closing, a union has warned.
Time and again, the failure is one of management.
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To prod employees into action, some management gurus are preaching the virtues of failure.
And due to failure to roll out device management software and write group polices, they are hesitant about letting employees bring their tablets in for work.
Or it is a complete failure of internal controls and risk management systems, which means general management failed big time, too.
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New features of the system include dynamic CPU deallocation, advanced cluster management, and LoadLeveler, which is automatic failure detection and job rescheduling software.
The so-called advances in organizational design theory have been so grossly over-weighted toward risk management, organizations are now built to prevent failure rather than encourage success.
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