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"I often saw the best practices of general management fail startups." Even a quick reading Peter Drucker offers a lot of wisdom for managing a startup. "The E
by skmurphy 17y ago
"I often saw the best practices of general management fail startups."
Even a quick reading Peter Drucker offers a lot of wisdom for managing a startup.
"The Effective Executive" and "Innovation and Entrepreneurship" have a lot to say about managing time, priorities, and posteriorities (what you are NOT going to do or organized abandonment) that are highly relevant to getting a startup off the ground and growing.
For a shorter piece that talks about value creation and the need to focus outside of the corporation to create value, his "The Next Information Revolution" (published in ASAP but available here http://www.versaggi.net/ecommerce/articles/drucker-inforevolt.htm http://www.versaggi.net/ecommerce/articles/drucker-inforevol... ) is worth a quick read.
- eries 17y agoThat's a fair point. I did not mean to imply that Drucker's work has no relevance for startups. For one, I've been profoundly influenced by his writing. Rather, I'm trying to work towards a new theory of entrepreneurship that can help us figure out _which_ practices from general management are transferable and which fail. Most MBA's and general managers that I've seen enter startups seem to assume either "all of them" or "none of them." Both answers are incorrect.
- skmurphy 17y agoI think the use of "management science" in the title is problematic as management science is normally defined operations research or industrial engineering. Many of the techniques that you espouse, such as A/B testing, are examples of "management science." I think what you are taking aim at that's "non-transferrable general management" is the bureaucracy of large organizations. Part of it goes back to the "startup dollhouse fantasy" which is a term you coined that I really like. But I think what you are ridiculing with it is the imposition of formal control structures on teams that are small enough that social process and peer pressure is an adequate substitute. In "Corporation Man" Anthony Jay talks about 'hunting groups' or 'ten groups' having different rules from 'the camp' or the full tribe. Startups are like hunting groups, but every corporation has many "hunting groups." If you take a manager of a hunting group and put them in charge of a startup they will be right at home. General managers run the camp or the tribe and are less suitable for the special needs of the hunt.