Difference between revisions of "Pig in a poke"
From WardleyPedia
(→Counter Plays) |
|||
| Line 11: | Line 11: | ||
==Counter Plays== | ==Counter Plays== | ||
| + | |||
| + | The counter play would be for either a potential buyer, who might be misled about the value or perhaps by third-party industry observers who might draw the wrong conclusion from the transaction. | ||
| + | |||
| + | In both cases, the cure would be situational awareness (so you can recognize a dead-end technology) and due diligence (so that you can understand the core elements of the business being sold). | ||
==See Also== | ==See Also== | ||
Revision as of 17:55, 1 March 2024
Also known as “putting lipstick on a pig”, this is the process of creating a situation where others believe the toxic asset has long term value and disposing of it through sale before the toxicity reveals itself.
From chapter 11 in the book:
A mechanism of dressing up a liability as some form of future business before divesting to a third party.[1]
Key Elements
Context
Examples
Counter Plays
The counter play would be for either a potential buyer, who might be misled about the value or perhaps by third-party industry observers who might draw the wrong conclusion from the transaction.
In both cases, the cure would be situational awareness (so you can recognize a dead-end technology) and due diligence (so that you can understand the core elements of the business being sold).
