Unlike Horizon Planning where projects are prioritized based on "level of innovation" and "time to ROI", Visibility Planning is based on evidence. In other words, we estimate the likelihood of achieving desired outcomes and when, based on market data and insights. We measure progress toward desired outcomes, which determines the time horizon.
What if your portfolio planning included visibility? With Moves The Needle's Prioritization Tool you can identify ideas that require exploration as well projects that should be funded because they are high impact with high evidence of success.
The current model of horizon planning has diverged from its original thesis. Instead of focusing on growth or new revenues, it has been molded into three time horizons based on "level of innovation." The fundamental problems with this model is two-fold. First, true innovation is unpredictable, so you can't lay it out on a time horizon. Second, growth can come from numerous places, not just "innovation". Where is not determined by the tine horizon or the model itself. Companies that prioritize their projects based on the incorrect assumption of "time to ROI" clearly means an inefficient allocation of resources.
Brad D. Smith, Executive Chairman of the Board of Intuit, shares his lessons in leadership and the role of a CEO in nurturing innovation. He talks about developing a Founder's mindset, the importance of creating a learning environment where people treat success and failure the same way, and how to deliver the numbers today and reimagine the company for the future.
