⊿ Point. {R} Glossary. ◢ Keyword: E. ▰ Sources. 〓 Books [B] ◥ University. {q} PhD. {tr} Training. ☗ Redbridge. {q} 'AS' Level. {q} 'A' Level. ⚫ UK. ⚫ England. ⬤ London. ↂ EndNote. ☝️ Weerakkody. ☝️ Accounting 1. ☝️ Accounting 2. ☝️ Accounting: v1. ☝️ Accounting: v2. Exit strategy. How to leave a tense situation 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.[1][2] 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 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. In military strategy, an exit strategy is understood to minimise losses of what military jargon called "blood and treasure" (lives and materiel). The term has been adopted by critics of U.S. involvement in Afghanistan and especially Iraq. An exit strategy may operate as a means of implementing the termination of a policy or to demonstrate that termination is feasible, for example from joining the Euro.[3] 1993 White House press briefing - quoting Brent Scowcroft on exit strategy.