This is the official Perth blog site for posts, comments, and other contributions about leadership, behavioral finance and economics, and about management generally, as well as other related topics that take our fancy.

When do You Need a Cowboy Reserve? The Cases of General Motors and Malaysian Airlines

I got to thinking about all this recently, what first with the unhappy event on MH370, and then the ignition lock saga at General Motors. Both were crises, in their own particular way. And both were badly handled. The question that arises for me is: how can smart leaders in good companies and organizations make such a massive screw-up of a crisis e...

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