1. Dire Situations
Failure is not an option is an effective term to describe intense moments where a failure would result in unthinkable losses. For example, a pilot making a difficult landing with hundreds of lives in her hands.2. Organizational Culture
Failure is not an option can be used to describe an organizational culture where the possibility of failure is an unmentionable topic. In such firms, risk may be ignored and risk management viewed in a negative light. Belief in success may persist even when things are obviously falling apart. When something does fail it is ignored or quietly punished.| Overview: Failure Is Not An Option | ||
Type | Risk ManagementStrategy FailureOrganizational Culture | |
Definition (1) | A situation where failure brings unthinkable losses. | |
Definition (2) | An organizational culture in which failures big or small are unmentionable. | |
Attributed to | Bill Broyles | |
Related Concepts | ||
