At the past two tournaments the All Blacks Sevens suffered quarterfinal defeats, but Laidlaw said that's no reason to panic.
"You need a huge amount of perspective when you lose. There are a couple of areas of the game we want to improve but at the same time there are a lot of things that have been going really well."
The All Blacks Sevens currently sit third on the World Series standings and need to finish in the top four to confirm Olympic Qualification.
"The quicker we can get that done and qualify the better. The focus is on London, we need to play really well next week because we are coming up against teams that have a lot to play for."
Drawn in Pool C, the All Blacks Sevens will face England, Scotland and Ireland on Day One.
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The squad:
Scott Curry (Bay of Plenty), Kurt Baker (Manawatu), Dylan Collier (Waikato), Scott Gregory (Northland), Andrew Knewstubb (Horowhenua Kapiti), Vilimoni Koroi (Otago), Tim Mikkelson (Waikato), Sione Molia (Counties Manukau), Jona Nareki (Otago), Tone Ng Shiu (Tasman), Joseva Rovouvou (Auckland), Regan Ware (Taranaki), Joe Webber (Bay of Plenty).