Mismanagement (Noun)
Meaning
Management that is careless or inefficient; "he accomplished little due to the mismanagement of his energies".
Classification
Nouns denoting acts or actions.
Examples
- The new CEO was brought in to turn around the company after years of mismanagement had left it on the brink of bankruptcy.
- The recent financial scandal was attributed to gross mismanagement of funds by the company's executives.
- Despite having a talented team, the project's mismanagement led to numerous delays and cost overruns.
- The city's housing authority was criticized for the mismanagement of low-income housing units, leading to unsafe living conditions for many residents.
- Mismanagement of the company's resources resulted in wasted opportunities and a significant decline in productivity.