Image via WikipediaDef. Where the level of management oversight has grown so large as to reach fully-diminished returns.
Often seen in large companies where review processes, in an effort to minimize risk, keep any new initiatives from reaching the marketplace. This phenomenon is commonly manifested in the form of a good idea being put on hold for six months waiting for “management buy-in” only to watch a more nimble competitor launch a similar product.
There are several visible side-effects of Peak Oversight:
- After a competitor launched the product, and thus freeing the Peak Oversight company from any first-mover risk, the company is now free to copy the competitor’s product and play catch-up in the market.
- Those in management who saw this coming, but only kept the product from launching, are promoted for their insight into the competitive landscape.
- The people with the really innovative ideas and ability to execute on them leave the company.
Known cures… Sadly, none.
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