Dropping Coconuts: Letting Go

This week’s #thursdaythought is about letting go of assets before they have run their course. It is inspired by the latest episode of The Innovation Show with the author of “Quit” by Annie Duke. Serendipitously it is also influenced by Rita McGrath, who joined us in person this week in Dublin.

Coconut Trap

Clinging to Coconuts: Know When To Fold ‘Em

Like the monkey holding the fruit, many of us cling to the past with clenched fists. We clutch to painful memories, we hold grudges, and we harbour what-ifs. We defend successes, mental models and the personas we have worked hard to develop. When we dwell on the past, we use up valuable energy that we could use to create our future.

Change Management by Changing THE Management: Organizational Self-Binding

To restrain long-term employees from falling back into their old habits. Even when long-term employees have the willpower, their old habits die hard. It is a tough dilemma for leaders, the tradeoff between retraining and replacing. Either way, there is a lot of pain, both are possible.

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