We all make mistakes.
Then there are those times when it’s A REALLY BIG mistake.
You know the kind. When everyone gets together after and tries to figure out, “What in the world just happened?”
Think United Airlines. They say they stuck to the rules when they deplaned a passenger against his will. Fallout? The stock fell sharply the next day. And the turbulence could last for months or even longer.
Big mistakes aren’t just embarrassing. They’re expensive. Just little grammar issues cost companies billions of dollars each year, one study found. Some poor decisions that led to big mistakes have buried companies, leaving people jobless.
Researchers say many big mistakes – such as the embarrassingly public 2017 Academy Awards Best Picture flub – could be avoided or at least minimized if people paid more attention to the factors that lead up to them.