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> Neither CEO did anything to mitigate this issue. I don't know how that's not bad leadership. Arguably that's great leadership because the CEO knew instantly
by dismantlethesun 10y ago
> Neither CEO did anything to mitigate this issue. I don't know how that's not bad leadership.
Arguably that's great leadership because the CEO knew instantly to cut his or her losses, and not give into the sunk cost fallacy by pursuing this failing venture "because we're so invested in it already; we just have to try harder you see!"