How many times in your career has your team decided they needed a bold new strategy to recapture lost momentum or get unstuck from the myriad hassles of daily operations? So you go on a retreat, get a facilitator, talk for hours about a strategic plan, form committees, summarize your findings to the group. Someone writes the plan, doles out assignments, and you’ve signed up for a burst of change.
How often did that work?
In his new book Little Bets: How Breakthrough Ideas Emerge from Small Discoveries (Simon & Schuster Free Press April 2011), Peter Sims suggests starting very small, with just a “little bet.” As he explains:
“a little bet is a low-risk action to discover, develop, and test an idea. Little bets are the at the center of an approach to get to the right idea…without getting stymied by perfectionism, risk-aversion, or excessive planning.” (CONTINUE READING)…
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