In a world where you can no longer plan or predict your way to success, how do you reach your most important goals? HBRChat with Len Schlesinger discusses why it is important to act like an entrepreneur — take action, learn from what you find, and act again.
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Succeed by Thinking Like an Entrepreneur
In a world where you can no longer plan or predict your way to success, how do you reach your most important goals? HBRChat with Len Schlesinger discusses why it is important to act like an entrepreneur — take action, learn from what you find, and act again.
Storified by Ninad Gujar · Thu, Mar 29 2012 14:12:29
Q1. What usually keeps you from successfully launching projects & initiatives in your organization? Why?
A1: Process-oriented thinking--the drive to get it "perfect" the first time. #HBRchatShelly Lucas
A1: "Resistance" lack of vision, lack of alignment to vision, daily distractions that "seem" important. #hbrchatPerry Puccetti
Project scoping is key to ensuring a successful launch – feature, function, benefit, cost, complexity, etc. #hbrchatVala Afshar
actually believe we should focus on what we can start with instead of obsessing about what we can't do #hbrchatLen Schlesinger
Even Fail fast, cheap and often! RT @RonAlvesteffer: Think Big, Start Small, Scale Quickly #hbrchatNinad Gujar
A1. Often times the idea is too big and we don't know where to start - we work to try to break it out into manageable tasks. #HBRchatCaitlin Krumdieck
A1: Unwillingness to shift attention from the cost side to the value side. #HBRchatShelly Lucas
we must clearly define mission, vision, and values or behaviors to accomplish the mission prior to execution. #HBRchatEric Hargraves
For stakeholders to be committed to project we must focus on ROR (return on relationship) and also ROI. #hbrchatVala Afshar
@HBRexchange A1 Lack of buy-in to the why and how of projects. Give people a good reason to invest in the cause & chosen strategy #HBRchatJoan Bunashe
Q2. What small steps could you take to help to get projects off the ground?
Having strong leadership is key to start… Constantly reinventing project is key to sustainability. #hbrchatPivot Learning
A2: In large corporations, I find prototyping to be an extremely valuable way to get projects off the ground #HBRchat @HBRExchangeAmit Jethani
Sometimes the goals are not clear and you still have to get started..Only through action will you learn what you need to know #hbrchatLen Schlesinger
A2: Break into defined pieces & deliverables - over communicate progress & status #HBRChatStacy Leidwinger
A2: prepare, research, due diligence....know what you are up against. #HBRchatmichael weiss
#hbrchat Ideas are often foggy. The first small step to success is clarity.Brian Mayer
ROI presumes a reasonably understood environment...many projects don't start with that but still must happen #hbrchatLen Schlesinger
A2 Try to understand the likely paths and update as you pass key forks in the road. What are the options! #hbrchatSteve Cassady
A2 Time management, engage key stakeholders, prototype/try few things, communicate project progress #hbrchatNinad Gujar
A2: Find champions at different levels - executives, engineers, marketing, etc. #HBRChatStacy Leidwinger
A2: Find an evangelist. Someone who is passionate about the project & won't let it fail. #hbrchatRon Alvesteffer
Spot On! Mindset:"prepare to act w/dexterity, creativity & adaptability". Ride the racing current of demand into the unknown #HBRchatConor Cusack
Mdjensen
Q3. How can you encourage entrepreneurial thinking in your workplace?
.@HBRexchange Listen for new ideas & approaches between the cracks—between disciplines, departments, across silos. #HBRchatCathryn Hrudicka
A3: Teach folks to take constant measures & calculated risks, understanding that nothing is completely under their control. #HBRchatShelly Lucas
A3. Look beyond your industry. There is a trove of information out there that you may be missing out on! #HBRChatLuis Flores
Develop entrepreneurial workplace thinking by celebrating the questions as much as the answers. #hbrchatVala Afshar
RT @ValaAfshar: Invite diversity. It is our differences that strengths are capabilities. #hbrchatSasha Taylor
You cannot pay the wrong people to get the right behavior. Start with getting the right people and then let them fly! #hbrchatRon Alvesteffer
.@HBRexchange Encourage questions & original thinking + action. Form innovation teams & encourage intrapreneurs. Mentor mgmt. #HBRchatCathryn Hrudicka
A3: What gets measured gets done. Encourage employees to measure progress as a way of prioritizing. #hbrchatRon Alvesteffer
@hbrexchange A3: definitely a part of company culture. Must reward those who come up with more sustainable, efficient practices #hbrchatKevin Gottlieb
luv this. RT @lefloresg80: Look at new projects like a story. It has a past, a present and a future, there are many characters. #HBRChatJudy Martin
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