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Item Details
Title:
ESCALATION IN DECISION-MAKING
THE TRAGEDY OF TAURUS
By:
Helga Drummond
Format:
Hardback
List price:
£187.50
Our price:
£164.06
Discount:
12.5
% off
You save:
£23.44
ISBN 10:
0198289537
ISBN 13:
9780198289531
Availability:
Usually dispatched within 1-3 weeks.
Delivery rates
Stock:
Currently
0
available
Publisher:
OXFORD UNIVERSITY PRESS
Pub. date:
5 December, 1996
Pages:
286
Description:
This book describes the Taurus project - a GBP500m project to automate settlement systems on the London Stock Exchange. Begun in 1986, it was eventually abandoned in 1993. How was it that a major project promoted by the Stock Exchange, supervised by committees, advised upon by two major consultancies, staffed by an experienced technical team, could go wrong? Why was the decision to abandon the project not taken earlier? Written in the context of theories ofdecision-making, the book both tells an absorbing story and adds to our understanding of decision escalation.
Synopsis:
Getting organizations going is one thing. Stopping them is another. This book examines how and why organizations become trapped in disastrous decisions. The focal point is Project Taurus, an IT venture commissioned by the London Stock Exchange and supported by numerous City Institutions. Taurus was intended to transform London's antiquated manual share settlement procedures into a state of the art electronic system that would be the envy of the world. The project collapsed after three year's intensive work and investments totalling almost GBP500 million. This book is an in depth study of escalation in decision making. The author has interviewed a number of people who played a key role and presents a most readable account of what actually happened. At the same time she sets the case in the broader literature of decision making.
Illustrations:
line figures
Publication:
UK
Imprint:
Oxford University Press
Returns:
Returnable
Some other items by this author:
CREATING IT USING IT (PB)
ESCALATION IN DECISION-MAKING
ESCALATION IN DECISION-MAKING
ESCALATION IN DECISION-MAKING
ESCALATION IN DECISION-MAKING
ESCALATION IN DECISION-MAKING
ESCALATION IN DECISION-MAKING (HB)
HOW TO BE A SUCCESSFUL ENTREPRENEUR
HOW TO BE A SUCCESSFUL ENTREPRENEUR (PB)
INTRODUCTION TO ORGANIZATIONAL BEHAVIOUR (PB)
THE ART OF DECISION MAKING
THE ART OF DECISION MAKING
THE ART OF DECISION MAKING (HB)
THE DYNAMICS OF ORGANIZATIONAL COLLAPSE
THE DYNAMICS OF ORGANIZATIONAL COLLAPSE
THE DYNAMICS OF ORGANIZATIONAL COLLAPSE
THE DYNAMICS OF ORGANIZATIONAL COLLAPSE
THE DYNAMICS OF ORGANIZATIONAL COLLAPSE
THE DYNAMICS OF ORGANIZATIONAL COLLAPSE
THE DYNAMICS OF ORGANIZATIONAL COLLAPSE (HB)
THE DYNAMICS OF ORGANIZATIONAL COLLAPSE (PB)
THE ECONOMIST GUIDE TO DECISION-MAKING
THE ECONOMIST GUIDE TO DECISION-MAKING (HB)
THE ECONOMIST GUIDE TO DECISION-MAKING (PB)
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