Medium-Risk Bet
Objective
Even though we want it all, realistically, we acknowledge that getting halfway wouldn’t be so bad.
Bets and Objectives: Safe Bet • Small-Risk Bet • Medium-Risk Bet • Large-Risk Bet • Crazy Bet
Purpose
Embracing a Medium-Risk Bet means understanding the precarious balance between ambition and reality. While our intent is to realize the full objective, we concede that the path is filled with substantial uncertainty. We are optimistic, but prepared for diverse outcomes, understanding that even partial success can be considered a valuable gain.
Notes
“Medium risk” is anything with a chance of succeeding between 40% to 60%.
Rules / Constraints
We have not (yet) defined rules or constraints.
Featured
“Management by objective works—if you know the objectives. Ninety percent of the time, you don't.”
(Source: Peter Drucker)
“Eliminate numerical quotas, including Management by Objectives.”
(Source: W. Edwards Deming)