When working on larger projects and / or those with high outcome uncertainty, many org cultures (surprisingly pervasive even in many startups) tend to prioritize tackling low-hanging fruit or default to taking a consensus path ironically termed "the path of least resistance". This approach of solving easy sub-problems ("known unknowns" as Donald Rumsfeld fmr. US Sect of state, would have termed it) builds in sunk costs & illusions of progress, creating inertia to course correct. Most modern project or program operations turn out to be successful if we view them as a portfolio of risks (sorted by highest impact, high uncertainty to lowest impact, high uncertainty). Tackle the ones at the top first. Prove or disprove your hypotheses. Source of image: First round review #product #bets #operating #principles
Pranjal Choudhury’s Post
More Relevant Posts
-
If you are the founder of a Tech Startup or Consulting Firms, go read the whitepaper that I recently wrote that reveals how you can grow the company profitably in 2024 - using an Adaptive System. https://lnkd.in/ecG-7mPw
To view or add a comment, sign in
-
To solve problems well, it's essential to think like a scientist: act on the best available information while always questioning your assumptions. This approach helps us avoid the 'knower trap' -- being blinded by our own certainty. https://lnkd.in/gfEVY4Fw #middlepathleadership #leadershipdevelopment #knowertrap #problemsolving
The Knower Trap: How Certainty Sabotages Problem-Solving
russpowell.com
To view or add a comment, sign in
-
Startup age and financing duration provide critical insights into growth, maturity, and market confidence, helping founders refine their strategies and investors assess risks and opportunities for more informed decision-making. Read more details in this post. Digital Data Design (D^3) Institute at Harvard Harvard Business School Harvard Innovation Labs #MTLC #BostonTech #BoardReadyBootcamp #TechTop50 #TechHotTopicSeries
The Impact of Startup Age and Fundraising Duration
douglevin.substack.com
To view or add a comment, sign in
-
As an investor, I’ve seen 1000+ deals and have only invested in 3% of them. Here’s how to cut through the noise and validate startup ideas: DON’T ❌ Blindly following a cookie-cutter course ❌ Assuming a formula guarantees success DO ✅ Developing your critical thinking skills ✅ Asking hard questions about true product-market fit ✅ Pressure testing advice against real-world data Reminder to think for yourself.
To view or add a comment, sign in
-
💡 "The notion that accelerators are becoming obsolete is a gross misunderstanding of their role." 🚀 I’ve written an article challenging this narrative and exploring the true potential of accelerators. I invite you to read it!
The Death of Accelerators: A Misguided Narrative
linkedin.com
To view or add a comment, sign in
-
🤖 Early this year, I started preparing a three-day class on how #technology works its way to market for two groups of executive MBAs. The idea of explaining how #invention becomes (or not) #innovation is anything but new. Sure. 🤓 But trying to decant my +25 years of experience from fundamental research to business, startups, and consulting, and I-don't-know-how-many books and whitepapers into a single framework was both quite daunting and exciting. The class was not only quite a success, but in March, I compiled the core ideas (and the #framework explanation) into a six-part article series. ➡️ Did you miss it? Here's article ❶:
🟢 My Big Technology Framework - Part 1. Making sense of it all
icopilots.com
To view or add a comment, sign in
-
This recent framework and breakdown by Sequoia Capital on how to think about product-market fit, the breakdown into archetypes and how they should determine how your company operates, is one the most interesting pieces that I have read for a long time.
The Arc PMF framework
https://www.sequoiacap.com
To view or add a comment, sign in
-
This is a very good insight .I strongly agree with this. There are always consequences when shipping faster without first building a strong foundation and carefully assessing the debt you will face after launching your product.
93% of engineering leaders face a silent killer : Technical Debt ! I've broken down the concept into simple terms for executives and business leaders. Learn how to identify, prioritise, and eliminate technical debt. Watch to the end as I mention actionable steps to get you and your team to get evaluate and get rid of the Technical debt. Let's #BeAgile ! #TechnicalDebt #Startup #Technology
To view or add a comment, sign in
-
Risk Mitigation for Startups 🚀 🔍 Identify Core Risks: Spot challenges from the start. 🤝 Build a Strong Team: Diverse skills bring smart solutions. ✅ Test Your MVP: Early feedback reduces market and tech risks. 📊 Data-Driven Decisions: Use analytics to adjust strategy. 💸 Flexible Funding: Diversify to avoid funding stress. 🔄 Contingency Plans: Stay adaptable to keep moving forward. ⚖️ Stay Compliant: Avoid penalties and keep trust high. Smart moves today pave the way for resilience and growth! #StartupSuccess #RiskManagement #GrowthStrategies #BuildToLast #EntrepreneurMindset #InnovationLeadership #ScaleWithConfidence
To view or add a comment, sign in
-
You're working on a project, and you're on a tight deadline. You have to deliver quickly, so instead of building the cleanest, most efficient code possible, you take a few shortcuts to save time. These shortcuts may solve the problem today, but down the line, they will cause problems later. That’s what we call a Technical Debt. #10xBetter
93% of engineering leaders face a silent killer : Technical Debt ! I've broken down the concept into simple terms for executives and business leaders. Learn how to identify, prioritise, and eliminate technical debt. Watch to the end as I mention actionable steps to get you and your team to get evaluate and get rid of the Technical debt. Let's #BeAgile ! #TechnicalDebt #Startup #Technology
To view or add a comment, sign in
More from this author
-
Telco to Techco: Digital Self-Care Apps as the Core Engine of Customer-Centric Transformation
Pranjal Choudhury 1d -
Drive feature adoption: How we Surfaced up User States to Refine Offer Discovery
Pranjal Choudhury 1w -
GCC’s OTT Boom: How Macro Trends are Shaping the Future of Streaming in the Region
Pranjal Choudhury 2mo