$100
Table of contents
What is $100?
$100 is a card from the Workshop Tactics deck by Pip Decks.
Using hard-earned cash as a voting tool is a fun yet clever way of getting participants into a pragmatic mindset. It changes the thought process from ‘I like this one the most’ to ‘where am I most likely to see a return on my investment?’.
Before, gather a list of items such as ideas from Idea Eight, or problems from Sailboat, Journey Map, Service Map or Empathy Map.
When to use $100
- When faced with too many potential projects or features to pursue
- Limited resources necessitate prioritization
- Need to align team on strategic priorities
- Desire to maximize ROI on investments
- Uncertainty about which ideas will yield the best results
- Need to streamline product development focus
- Facilitate decision-making in a collaborative setting
How to use $100
- List the items you want to prioritise.
- Explain that each participant has $100 to spend in any way they like. Ask the group: “Where are you most likely to see a return on your money? Where will you hedge your bets?”.
- Instruct everyone to vote: write down a monetary amount on a sticky note and place it against an item. Do this until they’ve ‘spent’ their budget.
- When everyone has finished, count up the total amount spent on each item, and conclude where the most money has been spent.
- Discuss the next steps on actioning this item with Who, What, When.
Tip: add some theatre by using play money, or dish out some chocolates (assign a value of $10 each), just make sure the group is well fed, so they don’t eat them all before you get started!
