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Understanding the Causes of Business Failure Crises: Generic Failure Types: Boiled Frogs, Drowned Frogs, Bullfrogs and Tadpoles

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Abstract:

Addresses the issue of business failure. Identifies different types of business failure and provides a framework for further research into this aspect of strategic management. Draws from the management literature to describe the causes and processes of each of the failure contexts covered and provides case illustrations to contextualize them.

Keywords: Company failures; Crises; Entrepreneurs; ICI; Management; Organizational change; Robert Maxwell; Sir Clive Sinclair

Document Type: Research Article

DOI: http://dx.doi.org/10.1108/00251749410058635

Publication date: June 1, 1994

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