Lessons in Failure

Lessons in FailureProject descriptionThe below are the complete instructions and grading rubric for the assignment.Topic for essay: Lessons in Failure (10%)Question: Based on your knowledge of organization, management and leadership theory, what is the best explanation for why successful organizations experience dramatic failure?Consider any grand organizational or project failure ? Challenger, Iridium, Enron, Titanic, financial banking collapse, etc. Each of these situations represents large-scale project/organizational/ societal failure that had tremendous impact on their organizations. Consider any case of large scale societal/organization/project failure and offer your thoughts on blackboard as to the core reason as to why successful organizations experience big failures. You may want to consider one of the following questions. Why do successful, innovative organizations fail? What mistakes are most fatal? What will you do as a project leader to avoid such failure? Is failure inevitable, or the result of poor leadership?Rubric:Grading will be totally based on participation and involvement. There will not be an attempt to grade your thoughts, opinions, questions or content. Participation for this component will be based on a 9 point scale with the following dimension:0 ? no participation or comment5 ? a basic response (I agree, yes, no, etc?) without descriptive content7? a descriptive response that offers thought and opinion8 ? a descriptive response that offers thought and opinion and includes a reference from a book, theory, web source, internet blog, thought leader9 ? a descriptive response that offers thought and opinion and includes a reference from a book, theory, web source, internet blog, thought leader; plus at least two thoughtful comments to other student writing!

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