Invest/Maintain/Kill: These are words to live by for any organization.
Today, we’re starting to learn about the impact of Yahoo’s Invest/Maintain/Kill List. While it may initially sound threatening, cold or insensitive, it is a strategy that all organizations should utilize. And use often.
As an organization, it’s important to constantly evaluate, measure and plan for the future as it relates to your core competencies, technological advantages, people, strategic partnerships, and any other competitive advantages. Having a strong indication of which of these items should be further invested into, maintained as the status quo, or subtly decommissioned or killed is key. It helps to keep your organization nimble and focused on its most critical objectives and goals, while keeping aboard the talent and people who will best contribute to reaching those objectives.
I applaud Yahoo! for taking these necessary and crucial steps.
Learn more about the changes at Yahoo! on re/code.
Rolanda Gregory ©2016
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