Avoid Leadership Amnesia

About two months ago, the founders of one of the companies in our portfolio told us of their grand plan of attack. The original thinking of “plan A” was thoughtful, well-articulated, and most importantly, agreed upon by the board members. Fast forward to this week, sitting over lunch with the same two guys to hear their updates. They had stumbled upon a different insight and, between bites of their sandwiches, excitedly explained to me their entirely new, different strategy, which we’ll ca...