QPR chairman Tony Fernandes believes his naivety and want for immediate results cost the club its place in the Premier League this season.
During the season, QPR spent heavily on defender Christopher Samba and striker Loic Remy but in the end it was fruitless leaving Fernandes to lick his wounds.
"You get excited and you get carried away and you throw away all the things you are very good at - planning and analysing," Fernandes told reporters.
"I think I was naive. I long for stability. I hoped it would come with Mark [Hughes], hoped it would be with Neil Warnock. You cannot build anything successful unless you have stability. I am an old-fashioned believer in that.
"We are right back at the drawing board, and we are going to go back to my principles of life...we have to give more autonomy to our CEO at QPR, and Harry and the management team.”
He added: "I am not predicting we will bounce up straight away but I am working hard to make sure we have the right culture and the right type of people in the club.
"If that means staying in the Championship for a couple of seasons to get it right, then that is worth it.”