Mental Model1 book · 2 highlights
Half Your Bets Will Fail — Budget for It
Books Teaching This Pattern
Evidence
Plain Talk
Iverson, Ken · 2 highlights
“We track and manage costs more closely than just about any business you can name, yet we anticipate and accept that roughly half of our investments in new ideas and new technologies will yield no usable results.”
“EVERY DECISION WE make as managers is rooted in long-term perspective.”
Related Patterns
Mental ModelHierarchy Is the Disease, Not the CureMental ModelThe Exception Test: Will Everyone Approve?Implementation TacticFive Pages Run a Billion-Dollar CompanyCapital Strategy25% Return as Accountability FloorOperating PrincipleShort Lines Beat Org ChartsIdentity & CultureFreedom as Retention Currency