Exit strategy

Exit strategy

An exit strategy is a means of escaping one's current situation, typically an unfavourable situation. An organization or individual without an exit strategy may be in a . At worst, an exit strategy will save face; at best, an exit strategy will peg a withdrawal to the achievement of an objective worth more than the cost of continued involvement.

In warfare

In military strategy an exit strategy is understood to minimize what military jargon calls blood and treasure (lives and matériel).

The term was used technically in internal Pentagon critiques of the Vietnam War (cf. President Richard Nixon's promise of Peace With Honor), but remained obscure to the general public until the Battle of Mogadishu, Somalia when the U.S. military involvement in that U.N. peacekeeping operation cost the lives of U.S. troops without a clear objective. Republican critics of President Bill Clinton derided him for having no "exit strategy", although he had inherited an active military operation from his predecessor, President George H. W. Bush. The criticism was revived later against the U.S. involvement in the Yugoslav wars, including peacekeeping operations in Bosnia and Kosovo and the Kosovo war against Serbia.

The term has been adopted by critics of U.S. involvement in Afghanistan and especially Iraq. President George W. Bush was said to have no exit strategy to remove troops from Iraq, and critics worried about the number of Coalition soldiers and Iraqi civilians who would suffer injury or death as a result.

In business

In entrepreneurship and strategic management an exit strategy, exit plan, or strategic withdrawal, is a way to terminate either one's ownership of a company or the operation of some part of the company. Entrepreneurs and investors devise ways of recouping the capital they have invested in a company. The most common strategy is simply to sell their equity position to someone else. From time to time, management may decide it is necessary to downsize its operations. This typically involves discontinuing less profitable brands, products, product lines, or operating divisions.

See also

*Surrender
*Withdrawal
*Iraq Study Group Report
*Pyrrhic victory
*No-win situation
*Total U.S. Withdrawal in the Vietnam War

External links

* [http://www.clintonfoundation.org/legacy/092893-press-briefing-by-dee-dee-myers.htm 1993 White House press briefing] - quoting Brent Scowcroft on exit strategy


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • exit strategy — UK US noun [countable] [singular exit strategy plural exit strategies] a plan that allows you to stop being involved in a situation without causing any harm or disadvantage to yourself Thesaurus: preparations and plans …   Useful english dictionary

  • exit strategy — exit strategies N COUNT: usu sing In politics and business, an exit strategy is a way of ending your involvement in a situation such as a military operation or a business arrangement. The fear is that we have no exit strategy from this conflict …   English dictionary

  • exit strategy — exit ,strategy noun count a plan that allows you to stop being involved in a situation without causing any harm or disadvantage to yourself …   Usage of the words and phrases in modern English

  • Exit Strategy — 1. The method by which a venture capitalist or business owner intends to get out of an investment that he or she has made in the past. In other words, the exit strategy is a way of cashing out an investment. Examples include an initial public… …   Investment dictionary

  • exit strategy — UK / US noun [countable] Word forms exit strategy : singular exit strategy plural exit strategies a plan that allows you to stop being involved in a situation without causing any harm or disadvantage to yourself …   English dictionary

  • Exit Strategy (album) — Infobox Album Name = Exit Strategy Type = Album Artist = Astronomy Class Released = September 30, 2006 Recorded = Tardis Studios Genre = Australian hip hop Length = Label = Elefant Traks Producer = Reviews = * Pop Matters rating 10|5… …   Wikipedia

  • Exit strategy (disambiguation) — An exit strategy is a plan to get out of a troublesome .Exit Strategy may also refer to:*Exit Strategy (Charmed episode), an episode in the third season of the TV Series Charmed *Exit Strategy (Arrested Development episode), an episode in the… …   Wikipedia

  • Exit Strategy (Arrested Development episode) — Infobox Arrested Development episode episode name = Exit Strategy episode no = 3AJD12 airdate = February 10, 2006 writer = Mitchell Hurwitz and Jim Vallely director = Rebecca E. Asher on the next = “Tobias gives his daughter the gift he’d stayed… …   Wikipedia

  • Exit Strategy of the Soul — Infobox Album Name = Exit Strategy of the Soul Type = Studio album Artist = Ron Sexsmith Released = 2008 Recorded = Genre = Pop folk, Rock Length = Label = Universal Records Producer = Reviews = * World of Music Rating|4.5|5 [cite… …   Wikipedia

  • exit strategy — /ˈɛgzət strætədʒi/ (say egzuht stratuhjee) noun a plan for the termination of a project, especially in a military or business context, which meets the objective of maintaining political or financial security …  

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”