Enterprise essential – drown your puppies

Be bold about stopping ‘pet projects’ that are losing money, particularly if they’re not furthering your mission. The idea of ‘organised abandonment’ in the not-for-profit sector dates back to management guru Peter Drucker’s work in the mid-1980s. He had some blunt advice: If your products or services aren’t number one or number two in the market, kill them.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s