A-Z Popular New Strategy Search »
Innovation
 
Innovation
Backward Invention
Innovation Metrics
Innovation Principles
Innovation Metrics
Cost Advantage
Experiment Cycle Time
Experiments
top   »  strategy   »  business strategy   »  planned abandonment

What is Planned Abandonment?

 , updated on
Planned abandonment is the practice of developing plans to abandon a strategy before the strategy is ever launched. Abandonment plans typically include criteria for abandoning a strategy and an exit plan for wrapping up loose ends. Having such plans established may fight the temptation to continue to invest in a strategy that is failing or obsolete.
Overview: Planned Abandonment
Type
Business Strategy
Definition
Developing exit criteria and exit plans for a strategy from its inception.
Value
Helps to combat negative organizational tendencies such as resistance to change and being influenced by sunk costs.
Related Concepts
Sunk Costs
Fail Well
Fail Often
Resistance To Change
More about innovation:
Business Models
Concept Testing
Cost Innovation
Crash Of Ineptitude
Design Thinking
Discontinuous Change
Experiments
First Principles
Greenfield
Innovation Risk
Inventive Step
Latent Demand
Market Fit
Naive Innovation
Prior Art
Proof Of Concept
Speculative Design
Systems Thinking
Technology Winter
Throwaway Prototype
Trough Of Sorrow
Value Creation
More ...
If you enjoyed this page, please consider bookmarking Simplicable.
 
Cite »

Business Strategy

An extensive list of business strategies.

Strategy

A reasonably comprehensive guide to strategy.

Baseline vs Benchmark

The difference between a baseline and a benchmark.

Strategy vs Tactics

A definition of strategy vs tactics with two examples.

Competitive Advantage

A few sources of competitive advantage for businesses.

Macro Environment

A list of macro environment components.

Competitive Advantage vs Distinctive Capability

The difference between competitive advantage and distinctive capability.

Do Nothing Strategy

An overview of a common business strategy.

Restructuring

A definition of restructuring with examples.

Innovation Principles

A list of common innovation principles.

Fail Often

An overview of fail often innovation.

Innovation Metrics

How to measure innovation including early stage, late stage and overall program metrics.

Pilots

The basic types of pilot used in business, science and entertainment.

Lead User

A definition of lead user with examples.

Moment Of Truth

A definition of moment of truth with a few examples.

User Innovation

A definition of user innovation with examples.

Proof Of Concept

The common types of proof of concept.

Commercialisation

The common types of commercialisation.

Innovation Objectives

The common types of innovation objectives with examples.

Trending

The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map
Infrastructure
Life
Management
Marketing
Materials
Motivation
Nature
Organizational Culture
Philosophy
Problem Solving
Productivity
Quality
Risk
Sales
Science
Search
Small Business
Society
Storytelling
Strategy
Sustainability
Talent
Technology
Thinking
More ...
© 2010-2023 Simplicable. All Rights Reserved. Reproduction of materials found on this site, in any form, without explicit permission is prohibited.

View credits & copyrights or citation information for this page.

Home About     Privacy Policy     Cookies Terms of Use     Contact Us Search


Cookies help us deliver our services. You have choices regarding these cookies. Please visit our privacy policy, cookie policy and consent tool to learn more.


Copyright 2002-2024 Simplicable. All rights reserved. This material may not be published, broadcast, rewritten, redistributed or translated. Report violations here.