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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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The agile start-up these days treats everything to do with customers as an experiment.
Hack by David Siegel on July 17, 2013
In the slums of Tijuana, Mexico in 1961, a young doctor saved the lives of two little girls suffering from pneumonia.  Today, the organization he founded will endeavor to embed innovation in a qu
Story by Chris Bessenecker on December 18, 2012
Pain points can abound in the workplace, with people either contributing to or helping relieve them. Perceived pain (vs.
Hack by George Kobak on May 6, 2015
In order to sustain long term growth, organizations need to constantly reinvent themselves. But reinventing requires constant change, which may be hard to implement.
Story by Matt Shlosberg on June 24, 2010
Remote working has many perks, but if you set up your office in your living room, the lines between work and home can become blurred.
Story by Mike T Deane on August 13, 2020
What would our sector look like if we gave our value proposition a little twist? What would the results be like?
Hack by Luc Galoppin on July 16, 2011
Use and develop human capital to its fullest potentialIdentify capabilities and skills of employees via situational simulations.
We’re all aware that speed to market with new products and services can be a crucial business differentiator.
Story by Måns Edsman on December 22, 2011
This hack considers how organisational capability might be unleashed by increasing the level of trust between employer and employee, borrowing from some of the concepts of Tikanga Maori and simply doi
Hack by Alister McCaw on February 25, 2011
Workers often find themselves too bound by deadlines and project expectations to have time to collaborate on cool, interesting, but less "high priority" ideas.
Hack by Vijay Karunamurthy on September 20, 2010

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