It’s that time of year again – the annual ritual of strategic planning. But as Seth Godin points out in “How to Avoid Strategy Myopia,” we often mistake annual budgets and operational efficiency plans for true strategy. Strategies are not plans or guarantees; they’re informed choices to pursue possibilities that may or may not work.
Godin’s insights, while often associated with innovation, are fundamentally about strategy in its purest form. They challenge us to look beyond next quarter’s earnings and focus on transformative potential just beyond our current vision.
The Myth of “Strategic Planning”
Consider for a moment the last strategic planning session you attended. Was it dominated by discussions of cost-cutting measures, market share percentages, and incremental improvements? If so, you’re not alone. Many organizations focus on optimizing their current operations, behavior that is reinforced by the processes, templates, and forms required to secure next year’s funding.
However, as Godin warns, “When the boss demands a strategy that comes with certainty and proof, we’re likely to settle for a collection of chores, tasks, and tactics, which is not the same as an elegant, resilient strategy. To do strategy right, we need to lean into possibility.”
The Realities We Must Confront
Godin challenges us to confront several uncomfortable truths:
Today’s data doesn’t predict tomorrow: Executives rely heavily on easily measurable metrics based on false proxies when they make decisions. While these metrics provide a sense of control and comfort, they close our eyes to emerging opportunities and threats. When AT&T’s executives considered exiting the cell phone market in the 1980s, they turned to McKinsey to find data to inform their decision. Estimating that the total worldwide market for cell phones was 900,000, AT&T executives were comfortable exiting. It’s unknown if that comfort was worth the $11.5 billion AT&T spent to acquire McCaw Cellular in 1995.
Serving everyone serves no one: “Strategy myopia occurs when we fail to identify who we seek to serve and focus on what we seek to produce instead.” AMEN! True strategy begins with a deep understanding of our customers’ evolving needs, not just their current preferences. This requires empathy, foresight, and a willingness to challenge our assumptions. It also requires us to listen and act on what we hear from customers and not just from our bosses.
“All of the Above” is not an option: Strategy requires that we make choices and is as much about what we choose not to do as what we commit to doing. It requires the courage to say no to good opportunities in service of great ones. It requires facing your FOMO (Fear of Missing Out), loss aversion bias, and finding the courage to keep going.
5 Practical Steps You Can Take
If any of these sound familiar, it’s because they’re also innovation best practices.
Dedicate One Day per Month for Strategic Thinking: Set aside one full day each month for long-term strategic questions, free from the “Tyranny of Now.”
Cultivate Diverse Perspectives: Invite and listen to voices from different backgrounds, disciplines, and levels within the organization.
Embrace Small-Scale Experimentation: Run a series of small, low-cost, low-profile experiments instead of betting everything on a single initiative.
Redefine Success Metrics: Move beyond traditional financial metrics to include indicators of future potential, such as customer lifetime value and adaptability to change.
Foster a Culture of Questioning: Channel your inner two-year-old and ask “why” with genuine curiosity. Encourage your team to challenge assumptions because the most transformative strategies often emerge from questioning the status quo.
As we continue through this season of strategic planning, let’s challenge ourselves to think beyond the annual budget. Let’s envision the future we want to create and chart a course to get there. After all, in the words of Godin himself, “It doesn’t matter how fast you’re going if you’re headed in the wrong direction.”
Once upon a time, in a lush forest, there lived a colony of industrious beavers known far and wide for their magnificent dams, which provided shelter and sustenance for many.
One day, the wise old owl who governed the forest decreed that all dams must be rebuilt to withstand the increasingly fierce storms that plagued their land. She gave the beavers two seasons to complete it, or they would lose half their territory to the otters.
The Grand Design: Blueprints and Blind Spots
The beaver chief, a kind fellow named Oakchew, called the colony together, inviting both the elder beavers, known for their experience and sage advice and the young beavers who would do the actual building.
Months passed as the elders debated how to build the new dams. They argued about mud quantities, branch angles, and even which mix of grass and leaves would provide structural benefit and aesthetic beauty. The young beavers sat silently, too intimidated by their elders’ status to speak up.
Work Begins: Dams and Discord
As autumn leaves began to fall, Oakchew realized they had yet to start building. Panicked, he ordered work to commence immediately.
The young beavers set to work but found the new method confusing and impractical. As time passed, progress slowed, panic set in, arguments broke out, and the once-harmonious colony fractured.
One group insisted on precisely following the new process even as it became obvious that they would not meet the deadline. Another reverted to their old ways, believing that a substandard something was better than nothing. And one small group went rogue, retreating to the smallest stream to figure it out for themselves.
As the deadline grew closer, the beavers worked day and night, but progress was slow and flawed. In desperation, Oakchew called upon the squirrels to help, promising half the colony’s winter food stores.
Just as the first storm clouds gathered, Oakchew surveyed the completed dams. Many were built as instructed, but the rushed work was evident and showed signs of weakness. Most dams were built with the strength and craftsmanship of old but were likely to fail as the storms’ intensity increased. One stood alone and firm, roughly constructed with a mix of old and new methods.
Wisdom from the Waters: Experiments and Openness
Oakchew’s heart sank as he realized the true cost of their efforts. The beavers had met their deadline but at a great cost. Many were exhausted and resentful, some had left the colony altogether, and their once-proud craftsmanship was now shoddy and unreliable.
He called a final meeting to reflect on what had happened. Before the elders could speak, Oakchew asked the young beavers for their thoughts. The colony listened in silent awe as the young builders explained the flaws in the “perfect” process. The rogue group explained that they had started building immediately, learning from each failure, and continuously improving their design.
“We wasted so much time trying to plan the perfect dam,” Oakchew admitted to the colony. “If we had started building sooner and learned from our mistakes, we would not have paid such a high cost for success. We would not have suffered and lost so much if we had worked to ensure every beaver was heard, not just invited.”
From that day forward, the beaver colony adopted a new approach of experimentation, prototyping, and creating space for all voices to be heard and valued. While it took many more seasons of working together to improve their dams, replenish their food stores, and rebuild their common bonds, the colony eventually flourished once more.
The Moral of the Story (just in case it isn’t obvious)
The path to success is paved not with perfect plans but with the courage to act, the wisdom to learn from failures, and the openness to embrace diverse ideas. True innovation arises when we combine the best of tradition with the boldness of experimentation.
In our race to enable and support hybrid teams, our reliance on collaboration software has inadvertently caused us to forget the art of true collaboration.
The pandemic forced us to rely on digital platforms for communication and creativity. But as we embraced these tools, something essential was lost in translation. Last week, I watched team members sitting elbow-to-elbow spend two hours synthesizing discovery interviews and debating opportunity areas entirely by chat.
What collaboration is
“Collaboration” seems to have joined the ranks of meaningless corporate buzzwords. In an analysis of 1001 values from 172 businesses, “collaboration” was the #2 most common value (integrity was #1), appearing in 23% of the companies’ value statements.
What it means in those companies’ statements is anyone’s guess (we’ve all been in situations where stated values and lived values are two different things). But according to the dictionary, collaboration is “the situation of two or more people working together to create or achieve the same thing.”
That’s a short definition with a lot of depth.
“The same thing” means that the people working together are working towards a shared goal in which they have a stake in the outcome (not just the completion).
“Working together” points towards interdependence, that everyone brings something unique to the work and that shared goal cannot be achieved without each person’s unique contribution.
“Two or more people” needing each other to achieve a shared outcome requires a shared sense of respect, deep trust, and vulnerability.
It’s easy to forget what “collaboration” means. But we seem to have forgotten how to do it.
What collaboration is not
As people grow more comfortable “collaborating” online, it seems that fewer people are actually collaborating.
Instead, they’re:
Transacting: There is nothing wrong with email, texts, or messaging someone on your platform of choice. But for the love of goodness, don’t tell me our exchange was a collaboration. If it were, every trip to the ATM would be a team-building exercise.
Offering choices: When you go out to eat at a fast-food restaurant, do you collaborate with the employee to design your meal? No. You order off a menu. Offering a choice between two or three options (without the opportunity to edit or customize the options), isn’t collaboration. It’s taking an order.
Complying:Compliance is “the act of obeying a law or rule, especially one that controls a particular industry or type of work.” Following rules isn’t collaboration, it’s following a recipe
Cooperating: Cooperation is when two or more people work together independently or interdependently to achieve someone else’s goal. Collaboration requires shared objectives and ownership, not just shared tasks and timelines.
There’s nothing wrong with any of these activities. Just don’t confuse them with collaboration because it sends the wrong message to your people.
Why this matters
This isn’t an ivory-tower debate about semantics.
When people believe that simple Q&A, giving limited and unalterable options, following rules, and delivering requests are collaboration, they stop thinking. Curiosity, creativity, and problem-solving give way to efficiency and box-checking. Organizations stop exploring, developing, and innovating and start doing the same thing better, faster, and cheaper.
So, if you truly want your organization to grow because it’s filled with creative and empathetic problem-solvers, invest in reclaiming the true spirit of collaboration. After all, the next big idea isn’t hiding in a chat log—it’s waiting to be born in the spark of genuine collaboration.
In the often murky world of corporate communication, a leaked MrBeast document has emerged as a beacon of clarity. Far from being your typical vague, jargon-filled memo, this onboarding document is a crystal-clear recipe for success that’s as refreshing as it is rare.
But first, let’s address the elephant in the room. MrBeast’s empire isn’t without its share of controversy. Reports of toxic work environments, unsafe conditions for contestants, and allegations of rigged games cast a shadow over his content creation machine and his leadership capabilities. These are serious issues that merit investigation and discussion. As a result, this post isn’t an endorsement of MrBeast as a leader, it’s an endorsement of an onboarding document that he wrote.
The Secret Sauce: Clarity Meets Innovation
What sets this document apart is its razor-sharp clarity and relentless focus on creativity. Unlike the vague platitudes that plague many corporate communications, job descriptions, and performance matrixes, this document clearly outlines expectations, success metrics, and the strategies and tactics to fuel continuous innovation.
This clarity is transformative for people and organizations. When team members understand both the guardrails and the goals, they channel their creative energy into groundbreaking ideas rather than second-guessing their approach and worrying about repercussions.
Expectations: Always Be Learning
The first principle is a clear directive: always be learning. In MrBeast’s world, this isn’t just about personal growth—it’s about staying ahead in a rapidly changing digital landscape. This commitment to continuous learning fuels innovation by ensuring the team is constantly exploring new technologies, trends, and creative techniques.
While some see the definition of A, B, and C-players as evidence of a toxic workplace, the fact is that it’s the reality in most workplaces. It’s the absence of clarity, usually disguised by claims of family-like cultures that value diversity, that makes workplaces toxic.
Metrics: The Start of a Feedback Loop
The focus on specific success metrics like Click-Through Rate and Average View Duration isn’t just about measurement—it’s about creating a feedback loop for innovation. Clear benchmarks developed over time allow teams to quickly assess the impact of new ideas and iterate accordingly. It also removes the temptation and ability to “move the goalposts” to create the appearance of success.
Strategy: Structure Meets Creativity
After describing what success looks like for employees and how they’ll be measured, the document outlines a structured content formula akin to an innovation strategy. It provides a clear framework of priorities, goals, and boundaries while encouraging creative experimentation within those boundaries.
Starting with a step-by-step guide to making videos with a “wow” factor, the document also emphasizes the criticality of focusing on “critical components” and managing dependencies and
Far from the usual corporate claims that direction and “how to’s” constrain creativity and disempower employees, this approach creates a safety net that allows employees to be successful while still pushing the envelope of what’s possible in content creation.
How to Become Your Version of (a non-controversial) Mr. Beast
You don’t have to be a content creator, social media savant, or company founder to follow MrBeast’s lead. You have to do something much more difficult – communicate clearly and consistently.
Clearly define what success looks like (and doesn’t) for your employees and projects.
Establish frameworks that encourage bold ideas while maintaining focus.
Define objective success metrics and consistently measure, track, and use them.
This leaked MrBeast document offers more than just a glimpse into a YouTube empire; it’s a masterclass in leadership in the era of hybrid workplaces, geographically dispersed teams, and emerging cultures and norms.
The document’s approach shows that innovation doesn’t have to be chaotic. By providing clear expectations and frameworks, leaders can create an environment where creativity thrives, and groundbreaking ideas can be rapidly developed and implemented.
When viewed in the bigger context of the MrBeast organization, however, the document is also a reminder that no matter how clear you think your communication is, you must be vigilant for those who claim that bad behavior is just a “misunderstanding.” Leaders know that no amount of views, clicks, or revenue is worth sacrificing the well-being of their teams.
Do you feel like you’re drowning in a sea of bad news? You’re not alone. We’re standing in the eye of a storm of war, political division, and endless layoffs. In times like these, why bother with innovation when we’re using all our energy to survive and make sense of things?
I’ve asked myself this question with increasing frequency over the past months. After hours of searching, querying, and reading to understand why you, me, or any other individual should bother with innovation, I can tell you two things:
There’s no logical, data-backed reason why any individual should bother innovating (there are many logical, data-backed reasons why companies should innovate)
Innovation is the only life raft that’s ever carried us from merely surviving to thriving.
If that seems like a big, overwhelming, and exhausting expectation to place on innovators, you’re right. But it doesn’t have to be because innovation is also small things that make you smile, spark your curiosity, and prompt you to ask, “How might we…?”
Here are three small innovations that broke through the dark clouds of the news cycle, made me smile, and started a domino effect of questions and wonder.
LEGO Braille Bricks: Building a More Inclusive World
You know them, and you love them (unless you’ve stepped on one), and somehow, they got even better. In 2023, LEGO released Braille Bricks to the public.
By modifying the studs (those bumps on the top of the brick) to correspond with the braille alphabet, numbers, and symbols and complementing the toy with a website offering a range of activities, educator resources, and community support, LEGO built a bridge between sighted and visually impaired worlds, one tiny brick at a time.
How might a small change build empathy and connect people?
The Open Book: Fulfilling a Dream by Working on Vacation
Have you ever dreamed of going on vacation so that you could work an hourly job without pay? Would you believe there is a two-year waitlist of people willing to pay for such an experience?
Welcome to The Open Book, a second-hand bookstore in Wigtown, Scotland, that offers “bibliophiles, avid readers, kindred book lovers, and adventure seekers” the opportunity to live out their dreams of running the bookstore by day and living above it in a tiny apartment by night. The bookstore is owned and operated by a local nonprofit, and all proceeds, about $10,000 per year, go to supporting the Wigtown Book Festival.
How might you turn your passion into an experience others would pay for?
The Human Library: Checking Out Books That Talk Back
If used books aren’t your thing, consider going to The Human Library. This innovative concept started in Copenhagen in 2000 and has spread to over 80 countries, offering a unique twist on traditional libraries. Readers “borrow” individuals from all walks of life – from refugees to rockstars refugees, from people with disabilities to those with unusual occupations – to hear their stories, ask difficult questions, and engage in open dialogue.
How might you create opportunities for dialogue and challenge your preconceptions?
Small Things Make a Big Difference
In a world that often feels dark, these small innovations are helpful reminders that if you are curious, creative, and just a bit brave, you can spark joy, wonder, and change.
How will you innovate, no matter how small, to brighten your corner of the world?
You know that asking questions is essential. After all, when you’re innovating, you’re doing something new, which means you’re learning, and the best way to learn is by asking questions. You also know that asking genuine questions, rather than rhetorical or weaponized ones, is critical to building a culture of curiosity, exploration, and smart risk-taking. But did you know that making a small change to a single question can radically change everything for your innovation strategy, process, and portfolio?
What is your hypothesis?
Before Lean Startup, there was Discovery-Driven Planning. This approach, first proposed by Columbia Business School professor Rita McGrath and Wharton School professor Ian MacMillan in their 1995 HBR article, outlines a “planning” approach that acknowledges and embraces assumptions (instead of pretending that they’re facts) and relentlessly tests them to uncover new data and inform and update the plan.
It’s the scientific method applied to business.
How confident are you?
However, not all assumptions or hypotheses are created equal. This was the assertion in the 2010 HBR article “Beating the Odds When You Launch a New Venture.” Using examples from Netflix, Johnson & Johnson, and a host of other large enterprises and scrappy startups, the authors encourage innovators to ask two questions about their assumptions:
How confident am I that this assumption is true?
What is the (negative) impact on the idea if the assumption is false?
By asking these two questions of every assumption, the innovator sorts assumptions into three categories:
Deal Killers: Assumptions that, if left untested, threaten the idea’s entire existence
Path-dependent risks: Assumptions that impact the strategic underpinnings of the idea and cost significant time and money to resolve
High ROI risks: Assumptions that can be quickly and easily tested but don’t have a significant impact on the idea’s strategy or viability
However, human beings have a long and inglorious history of overconfidence. This well-established bias in which our confidence in our judgment exceeds the objective (data-based) accuracy of those judgments resulted in disasters like Chernobyl, the sinking of the Titanic, the explosions of the Space Shuttle Challenger and Discovery, and the Titan submersible explosion.
Let’s not add your innovation to that list.
How much of your money are you willing to bet?
For years, I’ve worked with executives and their teams to adopt Discovery-Driven Planning and focus their earliest efforts on testing Deal Killer assumptions. I was always struck by how confident everyone was and rather dubious when they reported that they had no Deal Killer assumptions.
So, I changed the question.
Instead of asking how confident they were, I asked how much they would bet. Then I made it personal—high confidence meant you were willing to bet your annual income, medium confidence meant dinner for the team at a Michelin-starred restaurant, and low confidence meant a cup of coffee.
Suddenly, people weren’t quite so confident, and there were A LOT of Deal Killers to test.
Make it personal
It’s easy to become complacent in companies. You don’t get paid more if you come in under budget, and you don’t get fired if you overspend. Your budget is a rounding error in the context of all the money available to the company. And your signing authority is probably a rounding error on the rounding error that is your budget. So why worry about ten grand here and a hundred grand there?
Because neither you, your team, nor your innovation efforts have the luxury of complacency.
Innovation is always under scrutiny. People expect you to generate results with a fraction of the resources in record time. If you don’t, you, your team, and your budget are the first to be cut.
The business of innovation is personal. Treat it that way.
How much of your time, money, and reputation are you willing to risk? What do you need your team to risk in terms of their time, money, and professional aspirations? How much time, money, and reputation are your stakeholders willing to risk?