P2P

Spring23

Peer to Peer: ILTA's Quarterly Magazine

Issue link: https://epubs.iltanet.org/i/1496203

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5 I L T A N E T . O R G Finally …. Do we know how to operationalize our innovation? If we don't, then we stall after pilot, and it might be a looooonnnngggg time before our end users benefit from the innovation. Here are some tools and concepts that might help fail fast (think "an ounce of prevention is worth a pound of cure"). • Decision Scorecard. Develop and implement a scorecard to help put objectivity around the choice of problem to solve. The more objective the process, the less impacted by "pet projects". Email me if you want a sample what we use at ILTA. • Assume Failure but Plan for Success. If we are truly going to fail fast, we need to assume that failure will happen – not once, but many times. But then we do succeed, we can't stop to ask "what's next?" We need to be ready to go. • Cultivate your Change Champions. Across roles, across geographies, etc. And make sure they know what's in it for them, even if that's just your eternal gratitude. Then overcommunicate. • Build the Ramp up Time and Ability to Operationalize into the Scorecard. You may find a gap (resources, timeline, skill sets) quickly and give your yourself time to address that gap at the same time you are failing fast. I always love to find a pithy quote to offer by way of wrap-up. Here we go! And may there be many lightbulbs in your future! "I have not failed. I've just found 10,000 ways that won't work." — Thomas A. Edison See you in the Summer issue! ILTA P R E S I D E N T Ginevra Saylor Gowling WLG LLP ginevra.saylor@gowlingwlg.com E X E C U T I V E V I C E P R E S I D E N T Tony McKenna Howard Kennedy LLP tony.mckenna@howardkennedy.com S E C R E T A R Y Kara Portwood Armstrong Teasdale LLP kportwood@armstrongteasdale.com T R E A S U R E R Jack Thompson Sanofi jack.thompson@sanofi.com D I R E C T O R A T L A R G E Chris Hunt Sugarman, Rogers, Barshak & Cohen, P.C. hunt@srbc.com D I R E C T O R A T L A R G E James McKenna Fenwick & West LLP jmckenna@fenwick.com D I R E C T O R A T L A R G E Chris Boyd Wilson Sonsini Goodrich & Rosati PC cboyd@wsgr.com C E O Joy Heath Rush ILTA joy@iltanet.org ILTA's Board of Directors

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