Sunday, July 01, 2007

Burn your bridges or play it safe ?

What is the benefit of burning your bridges?
Which decisions call for taking a "burn your bridges" call to be taken ?
Should I burn my bridges or create multiple bridges.

Benefit - The decision gets firmed up, you have no way of backtracking - only way to go is forward.

Which decisions call for Burning your bridges?
I guess situation where
1. The stakes are very high. It is very very important for you - though it may not be so for all stakeholders. You got nothing to loose - atleast compared to what you stand to gain, but other stakeholders may have a lot to loose (or they don't value the rewards as much).
2. The chances of you being successful are low. You are attempting something which is very diffcult, a few setbacks will make you/other stakeholders want to abondon the decision.

Once you have identified that the decison will impact your life/ purpose and by delaying it you are loosing the opportunity, You should you burn your bridges, ie close all your options for return to base. However if you have a lot to loose vi a viz what you stand to gain - you will not be able to burn your bridges.

Very important : Know your purpose. Know the Value of you stand to loose, and what you stand to gain.

If you have a lot to loose - as compared to what you stand to gain (value terms, not monetory terms only), you are better off to take the decision of creating multiple bridges.