[wpdreams_ajaxsearchpro_results id=1 element='div']

What’s a Pyrrhic win?

[ad_1]

A Pyrrhic victory is a term used when the cost of a battle outweighs the benefits of victory, resulting in irreparable damage and significant losses. It originated from King Pyrrhus, who suffered devastating losses after a costly victory over the Roman army. The term has since moved from military to business, legal, and social worlds, where companies and individuals face huge losses in pursuing costly legal battles or investing too much money to acquire too little benefit.

Whenever the cost of a battle far outweighs the benefits of victory, the result is often called a “Pyrrhic victory.” A Pyrrhic victory is essentially not a victory at all, since the “winner” usually suffers irreparable damage and significant losses. The term Pyrrhic victory comes from the actions of a king named Pyrrhus, who led his Epirian army to a bloody and costly victory over the Roman army in about 280 BC. Pyrrhus’ losses were so devastating that he is said to have exclaimed that the his kingdom could not survive another “victory” against the Romans.

A Pyrrhic victory is often attributed to military campaigns with dubious outcomes for the victors, such as the initial invasion of Normandy during the closing days of World War II. Although the invading Allied troops benefited greatly from some diversionary tactics, the Normandy beaches were still heavily defended by anti-landing devices, barbed wire and casemates fortified with trained machine-gunners. The first wave of Allied troops suffered huge casualties in a vain attempt to breach those defences. The allied forces eventually won the battle, but the first few hours were probably a pyrrhic victory.

The term Pyrrhic victory has since moved from the military to the business, legal and social worlds. In business, one company might leverage so much of its assets to acquire another company that the resulting merger sinks it financially. While the company can still claim ownership of a high-profile new division, the resulting costs in employee attrition or available capital could make it a pyrrhic victory. History is replete with examples of companies that have been crippled or harmed by investing too much money to acquire too little benefit, or those that have pursued costly legal battles with little hope of financial recovery through favorable judgment.

The legal system is also full of examples of Pyrrhic victories. Individuals and small businesses facing large corporations in court often find themselves with huge legal bills and no relief in sight. Even if the court rules in their favor and orders the defendants to pay actual or punitive damages, the lawsuit could remain on appeal for years to come. Collecting judgments can also be problematic, and plaintiff’s attorneys are entitled to a significant percentage of those judgments. A victory in court may be emotionally satisfying for the actor, but financially it could be considered a victory for Pyhrric.

[ad_2]