BARRIERS TO EXPERIMENTATION | FAMOUS QUOTES | NO ONE LISTENS TO ME! |
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What is "lack of knowledge about how to effectively experiment"?
The #1 reason employees don’t share their ideas for experiments with their managers.
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What happens to ideas at LPL?
“It launched with enthusiasm and then - like so many initiatives here - died a quiet death.”
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What is 75%?
The % of employees that had an idea for an improvement that was never tested.
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What is "fear of wasting money and resources"?
The #1 reason managers fear experimentation.
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What happens to ideas at LPL?
“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 67%?
The % of managers who respond positively to employees’ ideas for improvement.
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What is "it takes too much time"?
The biggest misconception about experimentation.
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What happens to ideas at LPL?
“We talk about failing forward but the reality is that we just went forward without acknowledging any failures. 'Experiments' are fine as long as they are vetted - even over vetted.”
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What is 97%?
The % of employees that say they had an idea for improvement that could benefit from experimentation.
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