Writing my performance evaluation today, most of which is private but which I’m happy to share the fundamental strategy: Run a portfolio of experiments. Unlike an actual investment, you can increase sizing *after* the results are in at a similar entry price. Do that ruthlessly.
-
Show this thread
-
Interestingly I think this is similar to my operational mode when consulting but different from when I was running a company (there were a lot of non-optional things that had required execution but no return for out-executing; taxes or banking, etc) and different from some peers.
2 replies 1 retweet 28 likesShow this thread -
Since the sizing of an investment metaphor might be a bit weird for people who don't allocate capital professionally: Suppose hypothetically you have 100 units of mental bandwidth and run 5 experiments with 20 units each. 3 work, 1 has the seeds of greatness.
2 replies 0 retweets 26 likesShow this thread -
You could: a) Be told by your manager "Ugh, you've got a 40% failure rate." Many businesses are managed this way. Prefer not to work in them if you work in this fashion. b) Run 5 new experiments next quarter with 20 units each. c) Put ~60 units in scaling adoption of #1 result
5 replies 2 retweets 77 likesShow this thread -
Replying to @patio11
I think its important to find bandwidth in your role to add value through learning and innovation. Do you formalize these experiments or are they 'side projects' executed in your spare time?
1 reply 0 retweets 0 likes
My role is a bit fuzzy around the edges. (Plausibly more than the edges.) We did formalize a structure for optimizing both my selection of experiments and the organization’s ability to predict what I’d be mucking about with; early indications are positive.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.