Imagine this situation: Orders are stacking up at your company so quickly that the three people you have in fulfillment are overwhelmed. To remedy this problem you start limiting marketing to reduce demand. Sounds like self-sabotage, right? Naturally this would lead to a loss of market share and soon you’d find yourself out of business. Who would be so stupid? Well, you’d be surprised at how many people within your own organization are making decisions like this on a daily basis.
Take Seattle for example. On Monday the Seattle City Council addressed their struggle to regulate the growing number of on-demand transportation options in the city. These new types of businesses do not fit within Seattle’s archaic regulations – for example, which cabs can be flagged off the street, which cabs must be pre-arranged, which cabs can pick up at the airport, (which are NOT the same cabs that can take people TO the airport).
Learn more about three management mistakes that crush innovation here.
