January. It’s a time of fresh starts, start-ups, innovation and invention. Part of this is driven by the fact that the starters, inventors, and even entrepreneurs (notorious over-workers that they are) have had a little reflection time over the holiday season. Taking a step back because business is slow or customers are hard-to-reach can bring clarity and new ideas. Creative juices are flowing and optimism starts to take hold. But optimism doesn’t have to be blind “Pollyanna-ism”. Instead, it might be simply a better tolerance for risk, based on an awareness of ways that risks might be mitigated.
How can you get a better handle on how to handle risk with your customers, or your invention, or your new project? One, you can chart the risks and assess the potential impact if each one came to fruition. (You might want to also look at the anchors that can hold you back from success, using an adapted version of an Innovation Game (R) like Speed Boat). After figuring out which potential problems are either (a) “hairiest” or (b), most worth addressing, build a systematic plan of what you can do to alleviate or manage those issues. So don’t give up on optimism – just make sure it isn’t blindfolded!
Steps to take to un-blind your optimism for 2015:
1. Take stock of the possible risks around your new idea.
2. Evaluate which ones can, and should, be handled.
3. Put together a risk-management plan.
4. Go forth with all the informed optimism you can muster.
Best wishes for an optimistic 2015!
Eyes wide open,
Megann and Steve