What is hara-kiri management?

Harakiri management describes a management that does not react at all to warnings and stubbornly goes its own way, thus virtually inviting failure. This method is also formulated as a constant disregard for all warnings and framework conditions. A management is heading straight for the downfall and that, although it has enough information and must recognize that this way cannot be a solution - even worse: that another way could even be successful.Thereby the ego is often an issue, because one does not want to admit or can admit that one has made the wrong decision. But instead of turning the tide, which is sometimes even encouraged, one stubbornly continues on this path in the hope that the calculation can still work out and all critics are wrong.But in practice one is often wrong and then the damage is already done. The warnings from the accounting department, the warnings from business partners and from one's own staff are ignored because one knows best. In such situations, the admission of mistakes is often the reason why one does not change one's path, because one does not want to show precisely this admission or is perhaps also afraid of weakening one's position.Of course, suicide is not in sight, but sometimes the stubborn path and ignoring the warnings can nevertheless lead to the downfall of the company.