If you plan something new, if you’re creating innovations, if you are committing effort in a new direction, don’t commit indefinitely.
Instead, use a go, no-go date.
This is a defined time period where you plan a go, no-go meeting to determine if the innovation needs to continue or stop.
In typical improvement planning:
- Make a list of good ideas
- Name who’s responsible for each
- Connect some type of data to each action step
With a Go, No-Go Date:
- Commit to a single improvement
- Commit to a specified re-evaluation date
- Commit to a meaningful metric to determine whether it will continue or stop
Listen to this week’s podcast where go, no-go dates are discussed with further detail.