Dead Horse Theory

Dead Horse Theory


There is a saying of one of the American Indian tribes in the state of Dakota, USA, that is passed down from generation to generation:

“When you discover that you are riding a dead horse, the best strategy for dealing with it is to get off it.”

However, some organizations and institutions often use a variety of techniques and strategies that they believe are best for dealing with their dead horse - such as:

? Buying a stronger whip for the leader.

? Changing the rider who rides the dead horse.

? Threatening the dead horse with termination of its service.

? Appointing a committee to study the condition of the dead horse.

? Visiting other institutions and organizations to see how they ride the dead horse.

? Lowering the evaluation criteria for dead horses.

? Reclassifying the dead horse as alive but with movement challenges.

? Hiring foreign riders to ride the dead horse.

? Creating an atmosphere of competition between the dead horse and a group of dead horses to improve its performance.

? Developing a development and training plan for the dead horse.

? Restructuring productivity standards to improve and raise the efficiency of the dead horse.

? Boasting that the dead horse saves costs because it does not have to be fed, unlike other horses that require expenses for feeding.

? Reformulating the expected performance requirements of other horses to match the dead horse.

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All of that is horrible strategies which are always leading to failure, losses, & crises.

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However, one of my earlier business manager when he assigned me on project which is under estimated, and I was wondering why, he said one words “ this is the business” then continued,

It is challenging tendering if I have not done this, I wouldn’t get this project, you wouldn’t be hired as PM, & I wouldn’t be in the market now bidding for the second project”

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What a theory, but for me it is not that successful theory.

#almostafa_abdelfatah

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#PMI

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Mayukh Datta

Director - Project Management - Petrofac International PMP certified, Planning, cost, Claim, Risk, Project Mgmt, Oil/Gas projects incl multi billion $ refinery /upstream projects in Middle east, Africa, SE Asia.

1 个月

Nice read... There is always a time component attached to any "success/faulure". As a strategic decision, sometimes just winning a job with underquote can also be treated as "success" for continuity of the business at that point in time. Overall "success" depends on so many factors, for sure, handling 'dead horse' is one of them.

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