Six factors
A portfolio company always has more candidate initiatives than time or budget to run them, so prioritization needs a real framework, not just instinct:
- Value: how much EBITDA or equity value does this actually move?
- Confidence: how sure are we this works, versus how much is hypothesis?
- Time to value: weeks, or years, before the impact shows up?
- Investment required: what does it cost to attempt?
- Data readiness: do we already have the data this needs, or does the initiative depend on building that first (a direct link forward to Lesson 32)?
- Execution risk: how likely is this to actually get delivered, given the team and systems available?
Running Meridian's own initiative through it
Run Meridian's account-health-scoring initiative from Lesson 26 through this: high value (NRR is the thesis's weakest point), moderate confidence (proactive intervention on churn risk is a proven pattern elsewhere, unproven at Meridian specifically), fast time to value (scoring itself can ship in a quarter), low-to-moderate investment, data readiness a real question (does usage data actually exist at the account level yet?), and moderate execution risk. That data-readiness gap is exactly why Lesson 32 exists before Lesson 33 does.
Checkpoint
- Six-factor prioritization: value, confidence, time to value, investment required, data readiness, execution risk.
- Data readiness: deserves its own line item, an otherwise-excellent initiative can stall entirely on data that doesn’t exist yet.
If anything here still feels unclear, ask before moving to Lesson 28.