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Examples abound; the collapse of Enron and Barings, the delay in rescuing the sailors onboard the Kursk, the Columbia tragedy, the day-to-day operation of the British railways are but a few.
Poor management is not always a result of lack of judgement or failure of intellect. Even good managers sometimes get culled if there is a major flop. Arguably the most common and soul-destroying examples of poor management occur in the modern office environment.