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Understanding the Causes of Business Failure Crises: Generic Failure Types: Boiled Frogs, Drowned Frogs, Bullfrogs and Tadpoles

Bill Richardson (Based at Sheffield Hallam University, UK.)
Sonny Nwankwo (Based at Sheffield Hallam University, UK.)
Susan Richardson (Based at Sheffield Hallam University, UK.)

Management Decision

ISSN: 0025-1747

Article publication date: 1 June 1994

7167

Abstract

Addresses the issue of business failure. Identifies different types of business failure and provides a framework for further research into this aspect of strategic management. Draws from the management literature to describe the causes and processes of each of the failure contexts covered and provides case illustrations to contextualize them.

Keywords

Citation

Richardson, B., Nwankwo, S. and Richardson, S. (1994), "Understanding the Causes of Business Failure Crises: Generic Failure Types: Boiled Frogs, Drowned Frogs, Bullfrogs and Tadpoles", Management Decision, Vol. 32 No. 4, pp. 9-22. https://doi.org/10.1108/00251749410058635

Publisher

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MCB UP Ltd

Copyright © 1994, MCB UP Limited

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