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Discovery driven planning is a strategic tool that helps manage growth opportunities by allowing businesses to plan and adapt their strategies based on the evolving business environment. It involves making assumptions about the future, setting goals based on these assumptions, and then testing these assumptions through trial and error. The key strategies, assumptions, and confidence levels are organized in a table, which is then used to prioritize growth plans. If a plan scores over 15, it is considered a top priority. The goal of discovery driven planning is not just to come up with the right idea, but to ensure that the business does not run out of resources before it can implement the idea.
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"Discovery" driven planning is a tool used to carefully tread that water without burning out. This table organizes the elements of any growth plans across the key strategies to employ, the assumptions they'll operate on, the horizon, ( either near, mid, or long-term) to manage current and future growth opportunities, the level of confidence in the plan, and how critical the assumptions are to the goal. Add these up to get an overall score, with a score over 15 top priority to move forward. Then, change and modify the plan as you go based on trial and error. It's not that you can't come up with the right idea without discovery-driven planning. Rather, the goal is to not run out of resources before you do. (Slide 16)
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Why do so many perfectly managed companies fail? Inspired by the seminal work of author Clayton Christensen, this deck provides the solutions to the “...
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