The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
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Saved by Ted Glasnow and
The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
Here’s our template for developing Key Initiatives:1. Strategy2. List of key projects3. Expected timeline and impact4. Resources needed5. Risks and dependencies
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
When leadership share the integrated plan, they have 3 jobs: 1) Prioritize: Decide which projects and teams are being funded2) Allocate: Distribute resources and targets3) Integrate: Tie everything together into a cohesive company strategy
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
Planning is hard because it's inherently different from other exercises your organization takes on . Rather than focusing on day-to-day execution, it requires a large number of people to think about a variety of possible futures, align on one single future, and then plot a concrete course to get there. Taking this on for your own personal goals (f
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Teams (i.e. cross-functional product teams) are responsible for:1) Developing execution plans that support the high-level strategy2) Highlighting gaps & risks with the final plan3) Committing to a goal, with a given level of resources
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
With thoughtfulness and shared effort, the plan will come together and be ready to share with the entire company. This should be a moment of celebration. With the help of all of the leaders across the organization, and with all of the information at your disposal, you’ve come up with the best possible plan. Share the vision, the strategy, and the e
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Pinpoint your highest-impact bets, then go all in. Bold ideas need bold resourcing.
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
The framework is made up of four steps:1. Context: Leadership shares a high-level strategy with Teams2. Plans: Teams respond with proposed plans3. Integration: Leadership integrates into a single plan, and shares with Teams4. Buy-in: Teams make final tweaks, confirm buy-in, and get rolling
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
In order confirm team buy in, leaders should focus on 3 goals:
1. Share the integrated plan with Team leaders2. Make final tweaks based on their input3. Commit and share widely
1. Share the integrated plan with Team leaders2. Make final tweaks based on their input3. Commit and share widely
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
we encourage Leadership to call out not just what they know but what they don’t know and wish that they did.