A company needs to be able to deal with risks in order to succeed in todays world of cut throat competition.
The upper level or senior management plays a vital role in the success and failure of a company. They are the nurturing and guiding force of the company much like a parent nurtures and guides a child. The attitude and approachability of the senior management is a very important factor in the success or failure of a company and the projects it runs. An example of bad management is one that threatens failure with dire consequences, wanting to hear only good news, setting unrealistic goals and reactive instead of being proactive.PMO Project