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Defining a Growth Strategy in Uncertain Times

HBR On Strategy

NOTE

The Importance of Disengagement and How to Do it Well

Disengagement is an important aspect of business that is often overlooked in books focused on growth and opportunity./nRecognizing the need for disengagement and knowing when to stop investing resources in a venture is crucial./nConsider the impact on key stakeholders and explore ways to make them whole when disengaging from a venture./nEven if a venture fails, it is important to identify and leverage the knowledge, capabilities, and skills developed during the process./nA venture is not a singular entity; components such as technology, skills, and networks can be repurposed within the company./nAvoid treating disengagement as a complete failure and embrace the lessons learned from the experience.

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