Return

Pattern: Options and Hedges

Research has created deeper understanding, and a few potentially promising transformation paths have begun to emerge. Continue reducing the risk by focusing on the most promising options and developing them further

Options and Hedges

You have achieved moderate certainty by running a series of small experiments,research projects, and trainings, but the team is not yet confident enough to make major decisions about the transformation.

In This Context

Your research has given you a better understanding of what is going on, but major decisions are still not obvious. Commitment to a large solution at this point still carries serious high risk of choosing the wrong solution, while running additional tiny experiments that uncover no new information is just a waste of time.

Therefore

Make small tactical decisions aimed at creating and understanding a new path forward. They can be rolled back or forward, ramped up or down, and will at least eliminate some options while you create new plans. The goal is to validate the results of any successful experiments performed so far.

Consequently

You have uncovered the majority of the important information required and are reasonably certain where you are going next.