Managing Transitions

(Cross-posted at Toomre Capital Markets)

Over the past few months, many people have wondered why Ned Lamont lost to Joe Lieberman in last November’s general election. There are many possible explanations which have been discussed extensively elsewhere. One that hasn’t been discussed much is based on the idea that a campaign, in many ways, is much like a business startup.

Campaigns usually start with a lot of enthusiasm and great ideas, but without a lot of funding or necessarily a clear idea about where things will go. They try to build a strong organization out of nothing. If they are successful, at some point they need to manage the transition from an insurgency to front-runner, similar to how a startup needs to manage the transition from startup to a major corporation. It is a difficult transition for many campaigns to make, just as it is for businesses to make that transition.

I’ve often hoped that some day, a group will come along with the expertise necessary to help campaigns make this transition, and I imagine that many investors in startups have similar hopes for a similar sort of group for technology firms.

My thinking about this has been shaped by my work as a technology executive on Wall Street. During my tenure in two different leadership roles, I used the services of Sharon Horowitz, PhD. as an executive coach and organizational consultant. I learned a lot from her about things like managing corporate politics and getting technologists to work better together. It was a great help as I moved into leadership roles. She has now teamed up with some other interesting luminaries to form CenterNorth, an advisory service helping technology organizations and companies in all stages of development, including startups.

While CenterNorth does not consult to political campaigns, I wonder why there aren’t companies out there helping campaigns better manage their growth cycle. I believe it would have helped the Lamont campaign and other campaigns I’ve been involved with.

CenterNorth appears to be offering a valuable service to technology firms. I wish the folks there well and will be interested to track their success.

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