An exit strategy is a means of leaving one's current situation, either after a predetermined objective has been achieved, or as a strategy to mitigate failure. An organisation or individual without an exit strategy may be in a quagmire. 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.
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Famous quotes containing the words exit and/or strategy:
“Exit the mental moonlight, exit lex,
Rex and principium, exit the whole
Shebang. Exeunt omnes. Here was prose
More exquisite than any tumbling verse:
A still new continent in which to dwell.”
—Wallace Stevens (1879–1955)
“Do you think that mere words are strategy and power for war?”
—Bible: Hebrew, 2 Kings 18:20.