Episode 106 – Business Agility – Placing Small Bets

Forget Sprints and Standups – Business agility is about travelling light so you can go faster.   One important way to do that is by taking small, frequent experimental risks, also known as placing small bets.

• Test with small investments – Rent or borrow equipment,
• Copy other success stories and replicate them in unrelated domains
• Get volunteers or part-timers to help.   Use gigsters
• Learning and research – Get aggregators or summaries
• Start with small commitments and experiments – lunch and learns versus coffees
• Slice your scope
• Work backwards from high-value outcomes