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Revelation

Helga Drummond

in Escalation in Decision-Making: The Tragedy of Taurus

Published in print:
1996
Published Online:
October 2011
ISBN:
9780198289531
eISBN:
9780191684722
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198289531.003.0012
Subject:
Business and Management, Organization Studies, HRM / IR

By mid-1992, chief executive Peter Rawlins's mission to streamline the London Stock Exchange (LSE) had been virtually accomplished. The restructuring came at a price, however, as there were signs of ... More


An Opportunity Lost

Helga Drummond

in Escalation in Decision-Making: The Tragedy of Taurus

Published in print:
1996
Published Online:
October 2011
ISBN:
9780198289531
eISBN:
9780191684722
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198289531.003.0006
Subject:
Business and Management, Organization Studies, HRM / IR

Project Taurus had damaged the London Stock Exchange (LSE). Although the design had finally been agreed, LSE received little credit for its endeavour. What indeed was the Exchange there to do now ... More


Chickens Come Home

Helga Drummond

in Escalation in Decision-Making: The Tragedy of Taurus

Published in print:
1996
Published Online:
October 2011
ISBN:
9780198289531
eISBN:
9780191684722
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198289531.003.0009
Subject:
Business and Management, Organization Studies, HRM / IR

The first public sign that Project Taurus was in trouble came in January 1991 when implementation was postponed for six months, from October 1991 to April 1992. The delay was blamed upon the ... More


The Final Months

Helga Drummond

in Escalation in Decision-Making: The Tragedy of Taurus

Published in print:
1996
Published Online:
October 2011
ISBN:
9780198289531
eISBN:
9780191684722
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198289531.003.0011
Subject:
Business and Management, Organization Studies, HRM / IR

The year 1992 opened on a relatively optimistic note for Project Taurus. A new budget had been approved by the London Stock Exchange (LSE) board. The UK government had abandoned its attempt to ... More


Withdrawal

Helga Drummond

in Escalation in Decision-Making: The Tragedy of Taurus

Published in print:
1996
Published Online:
October 2011
ISBN:
9780198289531
eISBN:
9780191684722
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198289531.003.0013
Subject:
Business and Management, Organization Studies, HRM / IR

The London Stock Exchange (LSE) invested over five years and 80 million pounds in Project Taurus. The market allegedly spent 400 million pounds in preparation for dematerialization plus countless ... More


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