Barriers toExperimentation | Famous Quotes |
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What is the #1 reason employees don't share their ideas for experiments with their managers?
Lack of knowledge
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What happens to ideas at LPL?
“It launched with enthusiasm and then - like so many initiatives here - died a quite death.”
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What is the top reason managers fear experimentation?
“Management at LPL is more concerned with making sure they aren't responsible for ‘wasted’ money and resources. So they won't take a risk. New ideas are treated with fear, rather than interest.”
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What is over-complicating?
“The idea was relatively well received, but kept being put off to be incorporated into some other initiative, etc., etc., until eventually it just died on the vine.”
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What is the biggest misconception about experimentation?
It takes too much time!
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What is playing it safe?
“We talk at failing forward but the reality is that we just went forward and no failures. Experiments are fine as long as they are vetted - even over vetted.”
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