DMR: “What Is the Glass Cliff?”
Hello all,
I was just in Finance Functions (a weekend workshop class required for the LPA specialization) and we read a case about a St. Jude organization in Texas. They asked a woman to take over their nonprofit, which had been facing multiple million-dollar deficits in the current year and years prior. It made me want to find an interesting/educational way to explain the Glass Cliff phenomenon (even though she was well-qualified AND didn’t “fall” off the cliff).
You can access the resource here (the infographic towards the bottom) if you can’t see it below by clicking the button.
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They are basically setting them up to fail. It sounds like.