Embracing The Abandonment Theory To Survive For a Brighter Future
Management guru Peter Drucker should be considered the 'Leonardo da Vinci of management' as he will be better understood and respected 400 years after his life than now. He frequently said that abandonment is the key to innovation. He fittingly said:
“Don’t tell me what you’re doing, tell me what you’ve stopped doing.”
“If leaders are unable to abandon yesterday, they simply will not be able to create tomorrow.”
“Without systematic and purposeful abandonment, an organization will be overtaken by events. It will squander its best resources on things it should never have been doing or should no longer do. As a result, it will lack the resources needed to exploit the opportunities that arise.”
From a young age we carry a fear of admitting to be wrong. It affects our personal life, in some cases delaying moving house, or staying in dead-end jobs or relationships for too long. We do this partly because we’re scared to admit to the world that we have made a mistake. The longer we stick with something in the hope that it will right itself, the harder it becomes to abandon. We hope to improve matters so that we can then say, “I told you so” to our family and colleagues. If I were to go into a reader’s garage, what would I find? An exercise machine that started off life as the buyer imagined a leaner physique? But despite good intentions, after just a couple of weeks it started its inexorable journey to the garage, there to rest under the dust cover for the foreseeable future.
In the world of commerce this trait is equally damaging.
STOP SAVING FACE
We will hold on to systems, keep going with projects, keep writing that report that nobody reads, just because to stop would mean losing face.
Far too often we accept antiquated practices within the corporate accounting repertoire as the status quo. If the medical profession used our approach, we would not have as many medical breakthroughs. The corporate model needs to be open to new thinking and adopt procedures that have proven effective for others.
Steve Jobs, co-founder of Apple, believed that few in management thought deeply about why things were done. He came up with a quote that should be on the walls of every work station:
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“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped into living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown your own inner voice.”
Jobs, like Drucker, saw abandonment as a key step to freeing the talented people within an organisation for innovation – they both believed that we should adopt systematic abandonment.
MOST PROCESSES ARE 90% WASTE
Dr Jeffrey Liker points out, “Most business process are 90% waste and 10% value-added work” We thus should send out this abandonment questionnaire:
ABANDON BROKEN PAST METHODS
Many processes are blindly followed year-in, year-out just because it’s the way things have always been done. When staff question the process, the manager will often answer that it is required by the board or the senior management team, but how many accept the challenge and pass the request upwards?
The act of abandonment gives a tremendous sense of relief, for it stops the past from haunting the future. However, it takes courage and conviction from management.
COMMENCING ABANDONMENT
Helping Finance Managers of ‘busy’ SMEs improve profits | Turnaround 'busy' loss-makers | Improve profits of the already profitable | A proven step-by-step process | 90-day projects | Training & Coaching throughout |
1yInterestingly, on a personal level, Marshall Goldsmith, in part of his best-selling book “What Got You Here Won't Get You There" suggests - when we feel there’s something holding us back from progressing as we want - we should ask ourselves whether it’s maybe something we’re CURRENTLY DOING that’s the problem? (Something we need to STOP)