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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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Dear Warden,Believe it or not the gang wants to be here. They want to create value for their family, company, community and world. Put aside your fear, remove the chains and support the gang by:1.
Hack by lucas ross on December 7, 2013
In our group tasks are chosen by our people.People are encouraged to volunteer to lead projects and others are encouraged to volunteer to join them and support them.The whole work is self-organized.Wh
Story by Edna Pasher on July 9, 2013
To address the urgent challenge of impatient capital and epidemic myopic short-termism, we propose a new paradigm: Soft Tenure.Soft-tenure is an innovative management paradig
SABi is a LogicShoe R&D project designed to simplify consumer intelligence that drives incremental management decisions.
Story by Diana Iliescu on September 2, 2014
The challenge is to combine technologies, platforms and ways of learning that explicitly tackle those enemies of adaptability and support each of the design principles of a truly adaptable organisatio
Hack by Julie Steel on July 17, 2013
Organisational flexibility is a much discussed topic.The purposes of this “hack” are:Providing a model which is designed to enhance organisational flexibility;Ensuring involvement of employees;Making
Hack by Fan Zhang on March 1, 2011
From time to time, let everyone in a team  exercise leadership by setting up a system that picks a new leader randomly.The main focus of that randomly selected leader will be to serve their team,
Hack by Alberto Blanco on July 29, 2014
This hack is pinpointing some ideas for how companies  - which stand in front of challenge of rapid growth - should go about scaling themselves without losing their engaging, entreprenerial and e
Hack by Magdalena Pawlowicz on November 9, 2011

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