Bearing ‘the burden and heat of the day’: the experience of business failure in Douglas and Grant Ltd.
Business History, 54(5) pp. 689–712.
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This paper looks at the role of business culture in a business failure. Using the extensive records of the Scottish engineering firm of Douglas & Grant Ltd., it explores how the choices made by the firm’s leaders were shaped by their values and assumptions. The paper argues that the failure of the firm to manage expansion in the first decades of the twentieth century was rooted in these values, which both encouraged its leaders to take risks and constrained their ability to manage change.
||2012 Taylor & Francis
||business failure; business culture; ‘collective subjectivity’; knowledge sharing; ‘orchestration’; the firm as team; firm ownership; management; succession
||Arts > History
||25 Jan 2012 11:00
||31 Oct 2012 12:02
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