Killing Zombie Projects Gracefully
Identify projects no longer worth continuing but not yet officially cancelled, and end them with dignity, not silent postponement.
Goal
Directly confront "zombie" projects (not actually alive but not officially buried), ending them in a way that respects the effort of those who worked on them, instead of letting them silently drain resources with no end in sight.
Steps
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1
List all currently running projects, and for each ask honestly: if someone proposed it today for the first time, would we approve it?
Expected Outcome
Evidence base
School: Innovation Portfolio Management / Behavioral Economics
Founders: Hal Arkes · Rita McGrath (1985)
Based on the "Sunk Cost Fallacy" phenomenon by Arkes and Blumer (1985) and Rita McGrath's work on "Discovery-Driven Growth" (1995), affirming that quickly and respectfully stopping failing projects is a core innovation skill, not managerial failure.
Keywords
Frequently asked questions
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