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Experiment more often and more cheaply

“The next big opportunity never looks that way at the outset. Big opportunities grow out of successive rounds of experimentation.”

To evolve more rapidly, organizations must experiment more frequently. Management processes that seek to arrive at the “one best strategy” through top-down, analytical methods must give way to models based on the biological principles of variety (generate lots of options), selection (find low-cost ways to test critical assumptions), and retention (ramp up spending once a strategy has started to gain traction). In the future, top management won’t “make” strategy but will create an environment in which there is lots of fast-paced, strategic experimentation.

42 Stories
62 Hacks
5 Barriers

Experiment more often and more cheaply

“The next big opportunity never looks that way at the outset. Big opportunities grow out of successive rounds of experimentation.”

To evolve more rapidly, organizations must experiment more frequently. Management processes that seek to arrive at the “one best strategy” through top-down, analytical methods must give way to models based on the biological principles of variety (generate lots of options), selection (find low-cost ways to test critical assumptions), and retention (ramp up spending once a strategy has started to gain traction). In the future, top management won’t “make” strategy but will create an environment in which there is lots of fast-paced, strategic experimentation.

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Project Monitoring 2.0 is a collaborative systemic monitoring approach for project management to bring the “people” part of project activity into focus to get earlier insight into problems.
Hack by Vlatka Hlupic on April 26, 2012
Few companies organize to walk multiple paths to re-invent themselves.Note : if you have a quarky charm feeling of "Deja Vu", or "Synchronicity" it is under control, and you are fine.Innovation is par
Story by Frederic J.Leconte on December 19, 2012
Co-Authored By Audrey D.
Nothing worse than a lazy golddigger ! Government (the digger)  installed to provide (the gold) for his citizens, just doing the absolute minimum or better yet the outcome is just the a
Hack by Jimmy Van de Putte on May 6, 2012
My family vacation trip to Disney World yielded one of the most unexpected but profound understanding of how corporations should look at technology.Technology should be considered part of the company&
Story by Venu Tiruneermalai on March 9, 2013
Cool IoT devices obscured an even more revolutionary aspect of the IoT: for the first time, everyone needing instant access to real-time data about things to make better decisions or
Hack by W. David Stephenson on August 25, 2017
Most companies have implemented “best practice sharing” processes that help identify local innovations and seek to scale them by providing corporate resources.  While well-intentioned, these effo
Hack by Colin Cunningham on June 14, 2012
Changing the culture of an organization is a complex and multifaceted operation that requires a lot of effort...
Hack by Jean Claude Grosjean on August 2, 2013
Atmospheric visualization opens the mind and broadens the perspective by employing sketches which are made during the meeting or workshop.
Hack by Erwin Pfuhler on December 12, 2011

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