KP's Komisar Talks About 'Plan B'
Randy Komisar, who wrote the bestseller “The Monk and the Riddle,” will be back in bookstores in September with “Getting to Plan B.” A partner at Kleiner Perkins Caufield & Byers since 2005, Komisar co-authored the book with London Business School Prof. John Mullins. The basic premise is that most entrepreneurs find success not by clinging to their original business plans, but by tweaking them, or even overhauling them, based on feedback from the marketplace. Don’t buy it? Well, consider this: When Komisar asked the CEOs at a KP offsite last year how many of them had discarded their original ideas for a Plan B, two-thirds of them raised their hands. And Mullins studied 70 businesses that his students had created over five years and found that more than 60% of the 63 companies that were still active were pursuing different strategies than the students started out with.
