Remove be-the-beatles
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The Impact Matrix: Prioritize Your 2013 Initiatives Using This Startup Ninja Tool

InfoChachkie

I now use the Impact Matrix as a venture capital investor to help our portfolio companies objectively evaluate which initiatives they should pursue in the near-term, which they should re-considered in the future and which should be dismissed entirely. Impact – The degree to which the ideas further the venture’s objectives.

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Know When To Declare Defeat And Toss Out A Bad Idea – Do Not Be Afraid To Say, “That Baby Be Ugly!”

InfoChachkie

For instance, when a venture capital partner votes for a follow-on investment in exchange for the future support of one of her investments, idea cronyism is at work. Someone must define the universe of ideas to be reviewed at the outset of the process, otherwise the task is impossibly inefficient. Idea Cronyism.

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