Ask Sanyin: Why Is It So Hard to Pull the Plug on a Project?
Most organizational initiatives have a life cycle and will eventually either accomplish their goals or cease to align with strategic priorities. However, disbanding committed teams and redeploying resources is not easily done. Leaders should consider how the decision to end a project will affect employees’ sense of identity, suggests MIT SMR columnist Sanyin Siang, and should take the time to recognize their efforts and redirect their energy toward new goals.