It's a delusion on the part of everyone involve. Management can't see past the next quarter and hopes beyond hope their company won't collapse. Employees don't

It's a delusion on the part of everyone involve. Management can't see past the next quarter and hopes beyond hope their company won't collapse. Employees don't see the warning signs and just accept what management is feeding them. Management has bad news but isn't willing to share with employees for fear that the employees will leave, even if that bad news means collapse is imminent and all employees will leave anyway.