跛脚鸭(Lame duck)在西方特指冒险失败的投机者或股票交易中资不抵债的个体，由美国南北战争时期的猎鸭术语引申而来。
经营者之所以会沦为“跛脚鸭”，就是因为缺乏用系统的理性思考去经营管理企业的能力，没有足够能力对相关关键的因素作综合分析及采取措施。
造成企业投资失败的原因可以概括如下：
①只是等待热点，不是创造热点。
②只重货币资本，不重智力资本。
③资本经营和商品经营的位置颠倒。
④盲目多元化和专业经营的颠倒。
⑤重所谓企业形象，轻企业文化。
⑥做买卖的观点代替实业经营的观点。
》》FRM备考资料推荐：FRM一二级电子版资料
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