interesting

"If deliberate strategizing is ineffective, then what matters is an abundance of diverse new initiatives from which the environment can select the best. Hannan & Freeman (1988) 'population ecology' perspective suggests that overall effeciency can best be secured by ensuring a steady stream of new entrants into any organizational population, from which the relatively ill-adapted are ruthlessly selected out."
This line from my reading on Strategic Management hit me like a ton of bricks. Think about its implication for organisational life. The key thought is not that we have to hit upon the 'right answer', but that by allowing lots of new initiatives we increase the likelihood of good ideas happening, as long as we protect resources by 'ruthlessly getting rid of ill-adapted initiatives.