Failure IS An Option

Patrick-Doyle-Presentation-FINAL

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Typical Budget Process<br />

How much do we think we will grow?<br />

How much can we afford to spend?<br />

Can we try some new things?<br />

Business Leaders for Michigan 8

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Typical Budget Process How much do we think we will grow? How much can we afford to spend? Can we try some new things? Business Leaders for Michigan 8

Our Approach We look at the expected value of projects, including the risk, and will place lots of bets. Business Leaders for Michigan 9

Page 1 and 2: Failure IS An Option Patrick Doyle,
Page 3 and 4: What’s Needed? An appetite for ri
Page 5 and 6: Why are we afraid to take risks? Om
Page 7: What does that mean? Very different
Page 11 and 12: Risks and Big Bets Recent Risks:
Page 13 and 14: Risks and Big Bets Big Bets in Tech
Page 15 and 16: Risks and Big Bets Big Bets in Deli
Page 17 and 18: Risks and Big Bets Big Bets in Deli
Page 19 and 20: Is It Working? • 7 consecutive ye
Page 21 and 22: Conclusion • Embrace risk! Think

Failure IS An Option

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