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What to do if you are riding a dead horse
Blending ImagesBlending images is a process of putting two or more diverse imageries or photographs to form an ..... What to do if you are riding a dead horse!
I am grateful to Ecademy member - Gerry Lemberg - president of venture finance company Silver Fox Venture Partners.
WHAT DO YOU DO WITH A DEAD HORSE?
The lessons of the new economy hold that when you discover that you are riding a
dead horse, the best strategy is to get off and rapidly find a new mount. However, in
traditional business, it is often difficult to let go of your investment in dead horses,
which leads you to try other strategies to breach life into hopeless investments, such
as:
? Change riders
? Buy a stronger whip
? Harness several dead horses together for increased speed
? Emulate the best practices of companies riding dead horses
? Outsource the ridership of the horse
? Affirm, "This is the way we have always ridden this horse."
? Change the requirements, declaring, "This horse is not dead."
? Perform a cost analysis to see if contractors can ride it cheaper.
? Promote the dead horse to a management position.
? Have the solicitors bring suit against the horse manufacturer.
? Put out a news release that, in the unlikely event the horse is dead, it was dead before it came to the company.
For more information please contact
Daniel Roberts
Incartek (Ink Cartridge Technologies Ltd)
daniel@incartek.com
www.incartek.com
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