The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
review.firstround.comreview.firstround.com
Saved by Ted Glasnow and
The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
Here’s our template for developing Key Initiatives:1. Strategy2. List of key projects3. Expected timeline and impact4. Resources needed5. Risks and dependencies
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
Rolling out a new plan gives leaders the opportunity to create strong buy-in, trust, and excitement for the work ahead. Don't squander it.
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
With thoughtfulness and shared effort, the plan will come together and be ready to share with the entire company. This should be a moment of celebration. With the help of all of the leaders across the organization, and with all of the information at your disposal, you’ve come up with the best possible plan. Share the vision, the strategy, and the e
... See morereview.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
Remember, plans always get more complicated once they're put into practice — never less.
New priorities emerge, market forces change, and everything takes longer than you expect. Your plan needs focus — likely more focus than you might feel comfortable with.
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
Teams (i.e. cross-functional product teams) are responsible for:1) Developing execution plans that support the high-level strategy2) Highlighting gaps & risks with the final plan3) Committing to a goal, with a given level of resources
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
Leadership (i.e. exec team, business unit leads) is responsible for 1)Developing an inspiring high-level vision and strategy2) Sharing a concrete goal for the period3) Making the final decision on what is prioritized and resourced
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
This may sound painful now, but in our experience, having your strategy inform your structure (versus the other way around) is the only way to be successful long-term
review.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
Planning is hard because it's inherently different from other exercises your organization takes on . Rather than focusing on day-to-day execution, it requires a large number of people to think about a variety of possible futures, align on one single future, and then plot a concrete course to get there. Taking this on for your own personal goals (f
... See morereview.firstround.com • The Secret to a Great Planning Process - Lessons from Airbnb and Eventbrite
You can’t expect the organization to “just know” how to pull together a quarterly plan. Working without an agreed-upon framework can often be a recipe for disaster.