Lazy Leverage When to Cancel Projects and Refocus Your Team | Lazy Leverage #51
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Mar 11, 2025 What happens when you cancel all projects? It leads to surprising clarity and focus. Discover how CEOs can combat customer churn and prioritize essential tasks. The discussion connects project management to tactical decision-making and emphasizes the importance of accountability. Dive into the application of Toyota's principles in knowledge work, exploring workflow efficiency. Plus, enjoy a light-hearted tale about a vintage jacket that adds humor to the conversation!
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Project Bankruptcy
- Declare "project bankruptcy" to refocus your team.
- Cancel all projects except essential daily tasks, then prioritize the single most impactful project for each team member.
CEO Perspective
- CEOs possess a broader perspective than their teams, enabling them to discern which problems to address and which to temporarily ignore.
- What may seem like a critical issue to a team member might be a minor concern in the larger context of the company's goals.
Managing Non-Essential Projects
- Create a "someday maybe" list or a "Good Idea Brigade" Slack channel to capture non-essential projects.
- This prevents good ideas from becoming distractions, keeping the team focused on immediate constraints.