Ruthless prioritization: A startup’s best friend
L - leverage tasks you get 10xN - Tasks you get 1 to 1O - Overheard tasks - you get not much
Apple • Shreyas Doshi on pre-mortems, the LNO framework, the three levels of product work, why most execution problems are strategy problems, and ROI vs. opportunity cost thinking
Incorrect prioritization of risk is one of the top contributors of waste.
Ash Maurya • Running Lean: Iterate from Plan A to a Plan That Works (Lean (O'Reilly))
The choice of priorities can drastically change the strategies and tactics the team will need to use to get there. For example, is the priority to be the biggest company in the industry? Or is it to have a solid base of the most satisfied customers? Or to have the highest profit margins? Or to have the lowest attrition rate?
Bill Franks • Taming The Big Data Tidal Wave: Finding Opportunities in Huge Data Streams with Advanced Analytics (Wiley and SAS Business Series)
