Most organizations are absolutely TERRIBLE at prioritizing.Â
Theyâre like headless chickens, running around, picking projects based on gut feelings, who shouts the loudest, or the so-called "wisdom" of the highest-paid person in the room.Â
What does that get you?Â
Low-impact projects. Wasted time. Burned cash. Total misalignment with what really moves the needle.
I present to youâŚdrum roll please...The Impact Prioritization Matrix. This framework is all about evaluating opportunities by impact (what really matters) and effort (how hard it is), so you focus on the high-impact, low-effort stuff that creates serious value.Â
This Matrix will take your team from "busy" to âproductiveâ and make sure every move counts!
Itâs all about dumping that task-driven mindset. Say goodbye to the days of measuring success by how many boxes you check off today. Weâre measuring it by how much impact each of those checks makes on your bottom line and your customers.
Forget outputs. Focus on outcomes. No more blindly taking on work. Ask the tough questions: "Does this move us closer to our goals? Does this WOW our customers?"
And before you even think about using the Impact Prioritization Matrix, get all your potential plays on the table.Â
Gather every idea, every project, every taskâanything that could move the needle.
This all starts with a killer brainstorming session. Bring in the A-team from different departments, throw everything on the wall. No idea is too wild.Â
Break the ideas down into clear bucketsâProduct Enhancements, Customer Experience, Growth Plays, you name it.
Impact and Effortâthose are your new North Stars. But you gotta know what they mean. Be SPECIFIC. None of that vague "important" or "hard" crap.
What does "high impact" mean to you? Is it revenue growth? User satisfaction? Pick your poison.
And whatâs âlow effortâ in your world? Minimal resources, time, cost? Nail it down.
Then itâs time to get down to business. Plug your opportunities into the Impact Prioritization Matrix and score them like you mean it. The Matrix is a simple 2x2 grid, but itâs gonna make you think.
Once the scores are in, itâs time to put it all on the table. Let everyone see the cards, so thereâs no second-guessing. Transparency kills doubt and builds trust.
Break down why youâre prioritizing what youâre prioritizing. Tie it back to your criteria and goals. They need to all understand the âwhyâ.
And once youâve got your priorities set, execute on those Quick Wins. Craft a detailed execution plan outlining whoâs doing what, by when, and with what resourcesâŚmake it clear.
Like all product frameworks, this isnât a âone and doneâ tool. Youâve got to keep coming back to itâregularly. Your marketâs shifting, your customers are evolving, and your strategy needs to stay ahead of the curve.
So in your scheduled reviews assess what worked, what bombed, and why. Fine-tune the Matrix to keep it sharp.
The Impact Prioritization Matrix isnât just a toolâŚI like to view it as a mindset shift. Itâs about making every decision count and driving the results that matter most. Itâs the simplest way in my mind to craft a âwhyâ behind a strategic, data-driven move.Â
So take a stab at using the Matrix today. Challenge your team to think, prioritize, and execute like never before.Â