Editing Exit strategy (section)

{{Short description|How to leave a tense situation}}
{{Other uses}}
{{Refimprove|date=July 2008}}

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.<ref>{{cite book|url=https://books.google.com/books?id=2krUaQPmp24C&q=successful+exit+strategy|title=Exit Strategy Planning: Grooming Your Business for Sale Or Succession - John Hawkey - Google Books|isbn=9780566084980|access-date=8 September 2014|last1=Hawkey|first1=John|year=2002|publisher=Gower Publishing }}</ref><ref>{{cite book|url=https://books.google.com/books?id=nglrCvk_nGEC&q=successful+exit+strategy&pg=PA32|title=How to Build a Successful Consulting Practice - Jack Phillips - Google Books|isbn=9780071491389|access-date=8 September 2014|last1=Phillips|first1=Jack|date=10 August 2010|publisher=McGraw Hill Professional }}</ref> An organisation or individual without an exit strategy may be in a [[wiktionary:quagmire|quagmire]]. At worst, an exit strategy will save face; at best, an exit strategy will deliver an objective worth more than the cost of continuing the execution of a previous plan considered "deemed to fail" by weight of the present situation.