“I would have personally filed for bankruptcy and not made use of connections to get bailed out.”
Well that’s super weird and self-flagellating. Like I’d ask you to please not, but I have a feeling you wouldn’t do that in that situation actually. Like, really, you forgot to do due diligence about noise and you think this one mistake in your career is worth bankruptcy?
For-profit example: Someone is hired to throw a conference on cereals for kellogs and they fuck it up and need a second venue. They call some higherup for budget approval and the answer is “omg no.. fuck well I guess we have to, here’s some money.” The extra money is spent to fix the fuckup as best as possible. The organiser is either fired for using too much money, or they’d get a bad performance review and lose future opportunities (my guess is this happened in the actual EA example to at least some extent, if the person didn’t already say to themselves “dang maybe I should try a different role or something”). If the fuckup is not their fault, maybe they get commended for handling it well, or not, but the company chalks it up to one of those investments where the roll of the dice just came up snake eyes. Unlucky.
I feel like in the for-profit world if you said that you’d take on bankruptcy rather than get the higher-ups involved, they’d be like “dude get a grip, your reaction is way out of scale and that’s kind of a bad standard to set for our employees working under you btw, they’re gonna burn out” and EA should say similar
“I would have personally filed for bankruptcy and not made use of connections to get bailed out.”
Well that’s super weird and self-flagellating. Like I’d ask you to please not, but I have a feeling you wouldn’t do that in that situation actually. Like, really, you forgot to do due diligence about noise and you think this one mistake in your career is worth bankruptcy?
For-profit example: Someone is hired to throw a conference on cereals for kellogs and they fuck it up and need a second venue. They call some higherup for budget approval and the answer is “omg no.. fuck well I guess we have to, here’s some money.” The extra money is spent to fix the fuckup as best as possible. The organiser is either fired for using too much money, or they’d get a bad performance review and lose future opportunities (my guess is this happened in the actual EA example to at least some extent, if the person didn’t already say to themselves “dang maybe I should try a different role or something”). If the fuckup is not their fault, maybe they get commended for handling it well, or not, but the company chalks it up to one of those investments where the roll of the dice just came up snake eyes. Unlucky.
I feel like in the for-profit world if you said that you’d take on bankruptcy rather than get the higher-ups involved, they’d be like “dude get a grip, your reaction is way out of scale and that’s kind of a bad standard to set for our employees working under you btw, they’re gonna burn out” and EA should say similar
Agree, although it should be noted that the grantor is not obliged to pick up the overrun in cost.