"The important thing is this: to be able at any moment to sacrifice what we are for what we could become."
Charles Du Bos
French Literature Critic
As with many of these quotes, not likely originally muttered with business in mind but they all can and should apply.
A business looking for new ways to grow may well have to sacrifice what is for what could be.
When they do so just before they go out of business we say they had no choice but to try new ways.
When things are fine and they attempt something new and succeed, we see the hand of heroic management.
But when they fail, those who ask "what were they thinking?" are everywhere.
Mervyns, a western state 189 location mid line department store founded in 1949, is going out of business.
Which of the above do you think best describes their management?
A business looking for new ways to grow may well have to sacrifice what is for what could be.
When they do so just before they go out of business we say they had no choice but to try new ways.
When things are fine and they attempt something new and succeed, we see the hand of heroic management.
But when they fail, those who ask "what were they thinking?" are everywhere.
Mervyns, a western state 189 location mid line department store founded in 1949, is going out of business.
Which of the above do you think best describes their management?
Out with the old, in with the new but boy is that scary.
ReplyDeleteIt is much easier to continue to do what you know rather than try new things but everything that is about growth sooner or later is also about new ways.