(Clara Lovett’s commentary fired a round over the B-school trenches. It made me think that we need an MBA attuned to “the rise of the rest”. Seven steps followed – here’s a discussion of the seventh.)
7) Fear not new models
This seven-part series aimed to be an exercise in thinking about meaningful innovation that is both marketable and sustainable. This final post counts the cost of what we have to stop doing.
Peter Drucker preached organized abandonment and innovation wherever he went in his long career. The former especially required managerial courage. It is not enough just to say no. He noted that:
…the bulk of time, work, attention, and money first goes to “problems” rather than to opportunities, and, secondly, to areas where even extraordinarily successful performance will have minimum impact on results.
