peanut butter approach

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Definition

Spreading resources, attention, or budget thinly across all initiatives rather than concentrating on priorities, ensuring mediocrity everywhere. The 'everyone gets something' strategy that guarantees nothing succeeds spectacularly.

Example Usage

We're taking a peanut butter approach to innovation funding, which means twelve underfunded projects instead of three properly resourced ones.

Origin

Popularized by former Yahoo executive Brad Garlinghouse in his famous 2006 'Peanut Butter Manifesto' memo

Fun Fact

Garlinghouse's memo warned that Yahoo's peanut butter approach was killing the company—they ignored him, and Google ate their lunch.

Source: Business strategy and resource allocation terminology

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