|Overview: Planned Abandonment|
Developing exit criteria and exit plans for a strategy from its inception.
What is Planned Abandonment?
John Spacey, updated on July 05, 2023
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.
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