Strategy in a Connected World

Strategy in a Connected World

Why is your organization pointed in the direction it is? In this episode, Dave and Justin tackle the topic of strategy and how it’s better when it’s done together. If you’re a fan of the “push it down from the ivory tower” theory of leadership, you won’t like this podcast one bit. Here are the notes from the show:

  • Market forces and speed of change have changed the dynamics of strategy development
  • Those at the top of an organization are no longer capable of making consistently wise strategic moves on behalf of the organization
  • Discovery Driven Growth by McGrath and MacMillan is a great book on the topic of strategy development. Their “opportunity map” is great tool to help you understand risk and ways to “learn your way into a new reality.”

    Opportunity Portfolio

    Opportunity Portfolio

  • Bet the garden, not the farm. Out are the days of rigid planning documents and processes. In are agile processes and systems that support knowledge share.
  • Human body metaphor is once again appropriate because it’s agile to change and can sense the environment in multiple ways simultaneously.
  • Design Thinking is a great tool for strategy design – it’s not just for products and services. Lean Startup is another good resource. Additionally, a “remix” strategy involving others outside your organization can be extremely valuable.
  • The Avengers and Power Rangers are good metaphors for collaboration and the whole being more valuable than the sum of the parts. They show us three laws central to success:
    • The combination of organizations must have the potential to create more value than the parties alone. Put in our metaphor, it is not focus on one organ system in the human body, but what all these organ systems create together in the whole person.
    • The combination must be designed and managed to realize the joint value. In the language of our metaphor, the body must have a head, feedback and communication systems, many different inputs simultaneously to achieve action and goals.
    • The value earned by each party must motivate them to contribute to the collaboration. In our metaphor, all parts of the body are needed, and be nourished with what they need in order for the joint value to be sustained over time.
  • Modern strategy is centered on purpose
  • 1 Corinthians 12 is a good reference to what the Bible has to say about collective strategy

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