Skunkworks Projects That Have Do Not Smell

First things, first - I sold my iPod Nano before I even opened the box. I decided to wait until I get a better deal. I did sell it back on eBay for a small profit, so nothing lost. Nothing ventured, nothing gained, right?

In my last article, I defined a skunkworks project. I promised a subsequent?Ǭ† article explaining why I think they are beneficial. I didn’t read any books, or articles in a tech magazine that led me to this conclusion. Since the first time I participated in a skunkworks project, I have been sold on the concept.

The process of building a budget is essential to any good business. However, the budget process is really designed to get the bottom line refined. It rarely can accommodate some of the more important initiatives. As a result, many businesses?Ǭ† do not grow as quickly as they could - some even fail. They follow a financial formula to the detriment of the viability of the business.

RULE: Never let the budgetary process kill innovation that would propel a business forward in an order of magnitude.

So, that being said, not all skunkworks projects should be encouraged. It takes business acumen and calculated risk to make these types of projects successful. Most projects are actually not great candidates.

It takes a strategic, special project to qualify as a skunkworks project. All of the key visionary people in your company should agree that the project should get resources that are not in the budget.

I know when I see one. I can smell it, taste it, and feel it. It is often a project that many have spoken about, but few have been willing to fight for. They fear the political ramifications. Rest assured, if you see a project supported by the best minds in your business, yet it has failed to make the cut, consider rallying with the underground support.

Here is a great example of a skunkworks project that has changed the personal computer:

The first Apple Mac.

The first Mac was a skunkworks project that ultimately lead to one of the most successful products that Apple has ever created.

That should give you food for thought.

As I write this, I am getting ready for my next meeting on a skunkworks project that has the potential to dwarf most other projects that are funded.

See you again on hump day.