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Standard : Horizon Investment Mix

Description

Horizon Investment Mix measures the distribution of investment across Horizon 1 (core), Horizon 2 (adjacent), and Horizon 3 (innovative/new) initiatives. It ensures a balanced portfolio that sustains the present while exploring the future.

How to Use

What to Measure

  • Total spend, effort, or capacity allocated to each horizon.
  • Compare distribution to target mix (e.g. 70/20/10).

Formula

Horizon Mix (%) = (Effort per Horizon ÷ Total Effort) × 100

Example: 70% of capacity on H1, 20% H2, 10% H3 → Balanced mix.

Instrumentation Tips

  • Classify initiatives by horizon at portfolio intake.
  • Review mix quarterly with leadership.
  • Track trend over time to avoid over-focus on short-term work.

Why It Matters

  • Future readiness: Ensures capacity for innovation and exploration.
  • Risk diversification: Balances safe bets with long-term growth.
  • Strategic intent: Makes investment choices explicit.

Best Practices

  • Define clear criteria for each horizon.
  • Keep Horizon 3 funded even during downturns.
  • Review mix alongside business strategy shifts.

Common Pitfalls

  • Allowing Horizon 3 work to drop to zero under delivery pressure.
  • Misclassifying work for convenience.
  • Failing to reassess horizon classification as initiatives mature.

Signals of Success

  • Consistent 70/20/10 (or chosen) mix over time.
  • Pipeline of validated Horizon 2/3 ideas ready to pull forward.
  • Higher innovation throughput without hurting core delivery.

Related Measures

  • [[Innovation Throughput]]
  • [[Risk Burndown Rate]]
  • [[Value at Risk (VaR)]]

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