4-6+Convening+Open+Space+Session+5

__ Key take-aways: __
 * It’s hard to describe how change happens. How can monitoring, evaluation and learning be used to help mitigate the fear / perceived risk of going into an unknown space?
 * Generally feedback cycles are long and the data isn’t very helpful.
 * Is it better to work off of a shorter cycle? How can we learn from rapid cycles? How to learn from venture capital approach? How to build a culture of accepting good enough instead of perfect.
 * What is the risk and what is the return?
 * ow to keep your finger on the pulse of the risky stuff
 * What do we need to look at to understand if it’s working
 * Even if you monitor data on a weekly basis, it may look like failure for a while
 * If ‘nothing’ is happening is this because we’re not asking the right questions in the evaluative process?
 * What is the reward for taking risk?
 * Need incentives and rewards for trying and experimentation!
 * Fail fast
 * Spread the risk with other funders
 * There’s appetite for risk taking but it all boils down to “are we willing to approve the proposal?” and that’s where “we’re not willing to eat our own lunch”.
 * What should we reward? Reward success and how you got there. Reward who is taking responsibility for getting things done. How do you understand who’s who in a network with shared accountability?
 * Quick Iterations
 * Culture and accountability
 * Data driven

Go back to April 5-6 Convening Notes