"I like the concept of discovery-driven planning a lot. It seems a reasonable compromise between pure planning and searching, combining the 'theory-building' strengths of traditional strategic planning with the continuous review and show-me intelligence of directed searching. In a way, it's akin to the Bayesian model of learning: Start with the assumptions and hypotheses -- the priors and likelihood functions, respectively. Adapt those beliefs as new information is gathered, reacting to the strength of evidence. The evolving beliefs or posteriors are derived from the priors and the likelihood functions, providing for a continuous cycle of learn as you go, where the priors for the next iteration are posteriors from the last."
To read the entire post, click here.
- Posted: Monday, December 14, 2009
- Trackback
Page 1 of 1 pages
Next entry: Why Vertical Integration is Making a Comeback Previous entry: Discovery Driven Growth Named to Several Best 2009 Business Books lists
Find a list of previous Case Studies here in PDF format.
recent entries
- Social Media in the experimental business model stage
- Will Facebook’s IPO re-ignite growth in Silicon Valley?
- Why just being young is not a reason to doubt Facebook
- Why advertisements need to get a whole lot better before they will support social media
- Bing, Social Search and the beginning of the App Economy





