Escalation in Decision-Making: The Tragedy of Taurus (Hardback)
  • Escalation in Decision-Making: The Tragedy of Taurus (Hardback)
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Escalation in Decision-Making: The Tragedy of Taurus (Hardback)

(author)
£140.00
Hardback 286 Pages / Published: 05/12/1996
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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.

Publisher: Oxford University Press
ISBN: 9780198289531
Number of pages: 286
Weight: 431 g
Dimensions: 225 x 145 x 20 mm


MEDIA REVIEWS
Helga Drummond succeeds in convincing the reader that the escalation concept provides a fruitful way of studying information systems failure ... I strongly recommend Escalation in Decision-Making. * Frank Lund, European Journal of Information Systems *
This well researched and readable study examines how and why organizations become ensnared in disastrous decisions, based on a specific case study. Both fascinating and important. Other projects could well benefit from a similarly rigorous analysis ... Certainly a book that should be read by all those involved in BOOT (Build, Own, Operate and Transfer) Investments/projects ... * Long Range Planning, vol.30, June 1997 *
Written in an almost chatty style, Drummond describes in detail just what can go wrong when purchasing major information management systems. The book is a strong potential lesson for all purchasing professionals involved in the management of major project expenditure ... For purchasers and project managers who do not want to end up in such a mess, this book is essential reading. * Supply Management *
Written in an almost chatty style, Drummond describes in detail just what can go wrong when purchasing major information management systems. The book is a strong potential lesson for all purchasing professionals involved in the management of major project expenditure ... For purchasers and project managers who do not want to end up in such a mess, this book is essential reading. * Supply Management *
...an enjoyable book to read, and you will learn a lot from it. - Daniel Read. Journal of Behavioural Decision Making. vol 11. 1998

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