DECIDING WHEN TO ABANDON SHIP
Use this to identify when to get out!
This model is about looking after Number 1. Yes it’s good to be loyal to an organisation but you need to know when to bail out of a sinking ship. There are a number of signs that warn of an organisation’s impending collapse. Unfortunately, not everyone in the organisation has access to the strategic and financial information that warns of such danger. But there are other signs you can look out for. If you spot these you have a decision to make, i.e. ‘Should I stay or should I go?’
SIGNS THAT YOUR ORGANISATION IS IN DANGER OF COLLAPSE INCLUDE . . .
. . . An inability by senior executives and the board to confront reality and make the changes required. Instead they ...