SlideShare una empresa de Scribd logo
1 de 14
Must-Win
Battles
1© Cone Advisor
What is must-win battles?
(business strategy)
• Rather than spreading resources too thin, companies
must focus on 3 to 5 key challenges — Must-Win Battles
(MWBs)
• MWBs are crucial to achieving their business goals.
• A well-chosen MWB
• make a real difference,
• Be market focused,
• create excitement,
• be specific and tangible,
• and be winnable.
Source http://www.mustwinbattles.com2© Cone Advisor
Modeling - From Mantra to Key
Activities
Step 1:
Make a
mantra
Step 2:
Define 3-
5 Must-
Win
Battles
Step 3:
Define 1-
3 Key
Means of
the Battle
Step 4:
Define 0-3
Key
Activities of
the Mean
1
2
3
4
3© Cone Advisor
Southwest Airlines’ Mantra
• The mission of
Southwest Airlines is
dedication to the
highest quality of
Customer Service
delivered with a
sense of warmth,
friendliness,
individual pride, and
Company Spirit.
Source: www.southwest.com
1
4© Cone Advisor
The Essence of Who You Are –
Make a Mantra
• A mission statement, while
touted as necessary for
any company, often is not
representative of the true
meaning of the company
• A mantra is shorter 3-4
words and captures the
essence of the
organization.
• Examples*
• Wendy's "Healthy Fast
Food“
• FedEx "Peace of Mind“
• Nike "Authentic Athletic
Performance“
• Mary Kay "Enriching
women’s lives"
© Cone Advisor 5 Source: Guy Kawasaki, Stanford 20.10.2004
Entrepreneurial Thought Leader Speaker Series
*(Examples are not from companies. These Mantras
Kawasaki proposed as a mantra for the company.
© Cone Advisor 6
Modeling your Must-Win Battle
Must-Win
Battle
2-3 Strategic Means
(Focus areas of the
Battle)
0-3 Critical Incidents
(Key Activities,
Simple Rules)
Source: Ala-Mutka 2008
2
3
4
Key Means and Activities
as Simple Rules
• 1.Decision making rules
• Midsized cities & secondary airports
• 2.Boundary rules
• No Meals, No Seating
• 3.Activity rules
• Point-to-point service
• 4.Performance rules
• 25-minutes gate turnaround
© Cone Advisor 7
Source: Ala-Mutka 2008 p. 185-188, see also
Eisenhardt & Sull 2001 Simple Rules
MWB Model
© Cone Advisor 8
Profitable
Growth Efficiency of
Processes
Productivity
of Resources
Customer
Value
Must Win
BattlesMeans
Key
Activities
Source: Ala-Mutka 2008 p. 165
Themes of
Must-Win
Battles
1. Get started
• Successful MWB
kick-off event is only
the starting point of
your journey.
Source: http://knowledge.wharton.upenn.edu/article/must-
win-battles-lessons-from-successful-and-failed-journeys/9© Cone Advisor
2. Inspire towards difference
• The most successful
MWBs are those that
tap into the groups’
aspirations and
inspire everyone to
do things differently.
Source: http://knowledge.wharton.upenn.edu/article/must-
win-battles-lessons-from-successful-and-failed-journeys/10© Cone Advisor
3. Incentives & Drivers
• Balance the “carrot
and stick” in leading
your MWB journey -
Drivers to the
success
• Discipline
• Incentives
Source: http://knowledge.wharton.upenn.edu/article/must-
win-battles-lessons-from-successful-and-failed-journeys/11© Cone Advisor
4. Commitment
• Enlarge the group of
people leading the
journey. The broader
the leadership, the
greater the probability
of success.
Source: http://knowledge.wharton.upenn.edu/article/must-
win-battles-lessons-from-successful-and-failed-journeys/12© Cone Advisor
5. Be Agile
• A MWB journey is not
a quick fix.
• Persistence,
• discipline, and
• continually raising
performance targets over
time will enhance your
prospects of success.
Source: http://knowledge.wharton.upenn.edu/article/must-
win-battles-lessons-from-successful-and-failed-journeys/13© Cone Advisor
© Cone Advisor 14
Visual Strategy Model +
Must Win Battles
• Jukka Ala-Mutka, Strategiamalli (in
Finnish), Talentum 2008.
• Strategy Modeling
• Visual method
• Agile Strategy
• Peter Killing & Tom Malnight, Must-Win
Battles, 2005
• MUST-WIN BATTLES WILL SHOW YOU
HOW TO IDENTIFY AND AGREE ON
THE CRITICAL CHALLENGES THAT
WILL MAKE OR BREAK YOUR
BUSINESS, AND HELP YOU TO
MOBILIZE PEOPLE AND RESOURCES
TO ACHIEVE THOSE GOALS BY
COMBINING STRATEGIC FOCUS WITH
EMOTIONAL COMMITMENT.
Source http://www.mustwinbattles.com

Más contenido relacionado

La actualidad más candente

Must-Win Battles & Strategy of Discount Airline case study of Southwest Airlines
Must-Win Battles & Strategy of Discount Airline case study of Southwest AirlinesMust-Win Battles & Strategy of Discount Airline case study of Southwest Airlines
Must-Win Battles & Strategy of Discount Airline case study of Southwest AirlinesJukka Ala-Mutka, Dr Sc.
 
Marketing strategy and Plan Template
Marketing strategy and Plan TemplateMarketing strategy and Plan Template
Marketing strategy and Plan TemplateAurelien Domont, MBA
 
Complete Business Frameworks Reference Guide
Complete Business Frameworks Reference GuideComplete Business Frameworks Reference Guide
Complete Business Frameworks Reference GuideFlevy.com Best Practices
 
Roger Martin. Playing to Win - How to make strategy work
Roger Martin. Playing to Win - How to make strategy workRoger Martin. Playing to Win - How to make strategy work
Roger Martin. Playing to Win - How to make strategy workImplement Consulting Group
 
Account planning frameworks
Account planning frameworks Account planning frameworks
Account planning frameworks DemandFarm
 
Go-to-market strategy for tech startups
Go-to-market strategy for tech startupsGo-to-market strategy for tech startups
Go-to-market strategy for tech startupsSovita Chander
 
Sales Playbook Template
Sales Playbook TemplateSales Playbook Template
Sales Playbook TemplateDemand Metric
 
Zero to 100 - Part 1: Intro + First Section
Zero to 100 - Part 1: Intro + First SectionZero to 100 - Part 1: Intro + First Section
Zero to 100 - Part 1: Intro + First SectionDavid Skok
 
Product Growth Strategy for SaaS
Product Growth Strategy for SaaSProduct Growth Strategy for SaaS
Product Growth Strategy for SaaSMickey Alon
 
Teamwork Makes the Dream Work - Aligning Customer Success and Sales
Teamwork Makes the Dream Work - Aligning Customer Success and SalesTeamwork Makes the Dream Work - Aligning Customer Success and Sales
Teamwork Makes the Dream Work - Aligning Customer Success and SalesTotango
 
Growth Strategies
Growth StrategiesGrowth Strategies
Growth StrategiesKamraan
 
Creating An Effective Business Development Strategy
Creating An Effective Business Development StrategyCreating An Effective Business Development Strategy
Creating An Effective Business Development StrategyTom Cutshall
 
The Five Pillar Go-To-Market Strategy
The Five Pillar Go-To-Market StrategyThe Five Pillar Go-To-Market Strategy
The Five Pillar Go-To-Market StrategyStan Monlux
 
Transforming Customer Experience: From Moments to Journeys
Transforming Customer Experience: From Moments to JourneysTransforming Customer Experience: From Moments to Journeys
Transforming Customer Experience: From Moments to JourneysMcKinsey on Marketing & Sales
 
Go-To-Market Framework
Go-To-Market FrameworkGo-To-Market Framework
Go-To-Market FrameworkMark Officer
 
Key Account Management
Key Account ManagementKey Account Management
Key Account ManagementSteve Soman
 
Sales strategy development
Sales strategy developmentSales strategy development
Sales strategy developmentOrysya Sklyar
 
Go to Market Strategy - Entrepreneurship 101
Go to Market Strategy  - Entrepreneurship 101Go to Market Strategy  - Entrepreneurship 101
Go to Market Strategy - Entrepreneurship 101MaRS Discovery District
 

La actualidad más candente (20)

Must-Win Battles & Strategy of Discount Airline case study of Southwest Airlines
Must-Win Battles & Strategy of Discount Airline case study of Southwest AirlinesMust-Win Battles & Strategy of Discount Airline case study of Southwest Airlines
Must-Win Battles & Strategy of Discount Airline case study of Southwest Airlines
 
Marketing strategy and Plan Template
Marketing strategy and Plan TemplateMarketing strategy and Plan Template
Marketing strategy and Plan Template
 
Complete Business Frameworks Reference Guide
Complete Business Frameworks Reference GuideComplete Business Frameworks Reference Guide
Complete Business Frameworks Reference Guide
 
Roger Martin. Playing to Win - How to make strategy work
Roger Martin. Playing to Win - How to make strategy workRoger Martin. Playing to Win - How to make strategy work
Roger Martin. Playing to Win - How to make strategy work
 
Account planning frameworks
Account planning frameworks Account planning frameworks
Account planning frameworks
 
Go-to-market strategy for tech startups
Go-to-market strategy for tech startupsGo-to-market strategy for tech startups
Go-to-market strategy for tech startups
 
Go-To Market Plan
Go-To Market PlanGo-To Market Plan
Go-To Market Plan
 
Sales Playbook Template
Sales Playbook TemplateSales Playbook Template
Sales Playbook Template
 
Zero to 100 - Part 1: Intro + First Section
Zero to 100 - Part 1: Intro + First SectionZero to 100 - Part 1: Intro + First Section
Zero to 100 - Part 1: Intro + First Section
 
Product Growth Strategy for SaaS
Product Growth Strategy for SaaSProduct Growth Strategy for SaaS
Product Growth Strategy for SaaS
 
KAM STRATEGY
KAM STRATEGYKAM STRATEGY
KAM STRATEGY
 
Teamwork Makes the Dream Work - Aligning Customer Success and Sales
Teamwork Makes the Dream Work - Aligning Customer Success and SalesTeamwork Makes the Dream Work - Aligning Customer Success and Sales
Teamwork Makes the Dream Work - Aligning Customer Success and Sales
 
Growth Strategies
Growth StrategiesGrowth Strategies
Growth Strategies
 
Creating An Effective Business Development Strategy
Creating An Effective Business Development StrategyCreating An Effective Business Development Strategy
Creating An Effective Business Development Strategy
 
The Five Pillar Go-To-Market Strategy
The Five Pillar Go-To-Market StrategyThe Five Pillar Go-To-Market Strategy
The Five Pillar Go-To-Market Strategy
 
Transforming Customer Experience: From Moments to Journeys
Transforming Customer Experience: From Moments to JourneysTransforming Customer Experience: From Moments to Journeys
Transforming Customer Experience: From Moments to Journeys
 
Go-To-Market Framework
Go-To-Market FrameworkGo-To-Market Framework
Go-To-Market Framework
 
Key Account Management
Key Account ManagementKey Account Management
Key Account Management
 
Sales strategy development
Sales strategy developmentSales strategy development
Sales strategy development
 
Go to Market Strategy - Entrepreneurship 101
Go to Market Strategy  - Entrepreneurship 101Go to Market Strategy  - Entrepreneurship 101
Go to Market Strategy - Entrepreneurship 101
 

Similar a Must-Win Battles as Model of Strategy

Making Your Call Center the Heart of Your Strategy
Making Your Call Center the Heart of Your StrategyMaking Your Call Center the Heart of Your Strategy
Making Your Call Center the Heart of Your StrategyArt Hall
 
Chapter 1 the fundamentals of managerial economics
Chapter 1  the fundamentals of managerial economicsChapter 1  the fundamentals of managerial economics
Chapter 1 the fundamentals of managerial economicsskceducation
 
Capital raising pitch deck
Capital raising pitch deckCapital raising pitch deck
Capital raising pitch deckRen H Wong
 
Sales Performance Consulting
Sales Performance ConsultingSales Performance Consulting
Sales Performance Consultingeveretthill
 
Using the Sales & Marketing process effectively
Using the Sales & Marketing process effectivelyUsing the Sales & Marketing process effectively
Using the Sales & Marketing process effectivelyEquiteq
 
EBR's: prepping, producing, and presenting
EBR's: prepping, producing, and presentingEBR's: prepping, producing, and presenting
EBR's: prepping, producing, and presentingGainsight
 
Vendor Management Office VMO
Vendor Management Office VMOVendor Management Office VMO
Vendor Management Office VMOEd Kerbs
 
Segmentation Best Practices
Segmentation Best Practices Segmentation Best Practices
Segmentation Best Practices Gainsight
 
The keys to scaling your customer success program
The keys to scaling your customer success programThe keys to scaling your customer success program
The keys to scaling your customer success programGainsight
 
Sales objectives and quotas
Sales objectives and quotasSales objectives and quotas
Sales objectives and quotasVipin Kumar
 
Chasing your dream what's stopping you
Chasing your dream what's stopping you Chasing your dream what's stopping you
Chasing your dream what's stopping you Aamir Qutub
 
Webinar ROI on CX programmes
Webinar ROI on CX programmesWebinar ROI on CX programmes
Webinar ROI on CX programmesFuturelab
 
Beyond Revenue Performance: The Real KPIs of B2B Marketing
Beyond Revenue Performance: The Real KPIs of B2B MarketingBeyond Revenue Performance: The Real KPIs of B2B Marketing
Beyond Revenue Performance: The Real KPIs of B2B MarketingMarketo
 
The Power of Discovery for Increasing Win Rates
The Power of Discovery for Increasing Win RatesThe Power of Discovery for Increasing Win Rates
The Power of Discovery for Increasing Win RatesMike Kunkle
 
How to Calculate the Financial Impact of OEE
How to Calculate the Financial Impact of OEEHow to Calculate the Financial Impact of OEE
How to Calculate the Financial Impact of OEESafetyChain Software
 
The Missing Role from your Customer Success Org Chart: Customer Success Opera...
The Missing Role from your Customer Success Org Chart: Customer Success Opera...The Missing Role from your Customer Success Org Chart: Customer Success Opera...
The Missing Role from your Customer Success Org Chart: Customer Success Opera...Gainsight
 
Construction Future Wales Performance Management (Benchmarking) 2016
Construction Future Wales Performance Management (Benchmarking) 2016Construction Future Wales Performance Management (Benchmarking) 2016
Construction Future Wales Performance Management (Benchmarking) 2016Rae Davies
 
An IT Perspective of an Acquisition- The Top Six Must-Do List Webinar
An IT Perspective of an Acquisition- The Top Six Must-Do List WebinarAn IT Perspective of an Acquisition- The Top Six Must-Do List Webinar
An IT Perspective of an Acquisition- The Top Six Must-Do List Webinareprentise
 
How to use marginal gains to drive improvements in Pre-Construction
How to use marginal gains to drive improvements in Pre-ConstructionHow to use marginal gains to drive improvements in Pre-Construction
How to use marginal gains to drive improvements in Pre-ConstructionPhilip Collard
 
Elevate 2019: Business Leader Slides
Elevate 2019: Business Leader SlidesElevate 2019: Business Leader Slides
Elevate 2019: Business Leader SlidesSkoda Minotti
 

Similar a Must-Win Battles as Model of Strategy (20)

Making Your Call Center the Heart of Your Strategy
Making Your Call Center the Heart of Your StrategyMaking Your Call Center the Heart of Your Strategy
Making Your Call Center the Heart of Your Strategy
 
Chapter 1 the fundamentals of managerial economics
Chapter 1  the fundamentals of managerial economicsChapter 1  the fundamentals of managerial economics
Chapter 1 the fundamentals of managerial economics
 
Capital raising pitch deck
Capital raising pitch deckCapital raising pitch deck
Capital raising pitch deck
 
Sales Performance Consulting
Sales Performance ConsultingSales Performance Consulting
Sales Performance Consulting
 
Using the Sales & Marketing process effectively
Using the Sales & Marketing process effectivelyUsing the Sales & Marketing process effectively
Using the Sales & Marketing process effectively
 
EBR's: prepping, producing, and presenting
EBR's: prepping, producing, and presentingEBR's: prepping, producing, and presenting
EBR's: prepping, producing, and presenting
 
Vendor Management Office VMO
Vendor Management Office VMOVendor Management Office VMO
Vendor Management Office VMO
 
Segmentation Best Practices
Segmentation Best Practices Segmentation Best Practices
Segmentation Best Practices
 
The keys to scaling your customer success program
The keys to scaling your customer success programThe keys to scaling your customer success program
The keys to scaling your customer success program
 
Sales objectives and quotas
Sales objectives and quotasSales objectives and quotas
Sales objectives and quotas
 
Chasing your dream what's stopping you
Chasing your dream what's stopping you Chasing your dream what's stopping you
Chasing your dream what's stopping you
 
Webinar ROI on CX programmes
Webinar ROI on CX programmesWebinar ROI on CX programmes
Webinar ROI on CX programmes
 
Beyond Revenue Performance: The Real KPIs of B2B Marketing
Beyond Revenue Performance: The Real KPIs of B2B MarketingBeyond Revenue Performance: The Real KPIs of B2B Marketing
Beyond Revenue Performance: The Real KPIs of B2B Marketing
 
The Power of Discovery for Increasing Win Rates
The Power of Discovery for Increasing Win RatesThe Power of Discovery for Increasing Win Rates
The Power of Discovery for Increasing Win Rates
 
How to Calculate the Financial Impact of OEE
How to Calculate the Financial Impact of OEEHow to Calculate the Financial Impact of OEE
How to Calculate the Financial Impact of OEE
 
The Missing Role from your Customer Success Org Chart: Customer Success Opera...
The Missing Role from your Customer Success Org Chart: Customer Success Opera...The Missing Role from your Customer Success Org Chart: Customer Success Opera...
The Missing Role from your Customer Success Org Chart: Customer Success Opera...
 
Construction Future Wales Performance Management (Benchmarking) 2016
Construction Future Wales Performance Management (Benchmarking) 2016Construction Future Wales Performance Management (Benchmarking) 2016
Construction Future Wales Performance Management (Benchmarking) 2016
 
An IT Perspective of an Acquisition- The Top Six Must-Do List Webinar
An IT Perspective of an Acquisition- The Top Six Must-Do List WebinarAn IT Perspective of an Acquisition- The Top Six Must-Do List Webinar
An IT Perspective of an Acquisition- The Top Six Must-Do List Webinar
 
How to use marginal gains to drive improvements in Pre-Construction
How to use marginal gains to drive improvements in Pre-ConstructionHow to use marginal gains to drive improvements in Pre-Construction
How to use marginal gains to drive improvements in Pre-Construction
 
Elevate 2019: Business Leader Slides
Elevate 2019: Business Leader SlidesElevate 2019: Business Leader Slides
Elevate 2019: Business Leader Slides
 

Último

Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfsudhanshuwaghmare1
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxKatpro Technologies
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreternaman860154
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?Igalia
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxMalak Abu Hammad
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Igalia
 
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEarley Information Science
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsJoaquim Jorge
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?Antenna Manufacturer Coco
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)Gabriella Davis
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Enterprise Knowledge
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘RTylerCroy
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking MenDelhi Call girls
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slidevu2urc
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Servicegiselly40
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUK Journal
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 

Último (20)

Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 

Must-Win Battles as Model of Strategy

  • 2. What is must-win battles? (business strategy) • Rather than spreading resources too thin, companies must focus on 3 to 5 key challenges — Must-Win Battles (MWBs) • MWBs are crucial to achieving their business goals. • A well-chosen MWB • make a real difference, • Be market focused, • create excitement, • be specific and tangible, • and be winnable. Source http://www.mustwinbattles.com2© Cone Advisor
  • 3. Modeling - From Mantra to Key Activities Step 1: Make a mantra Step 2: Define 3- 5 Must- Win Battles Step 3: Define 1- 3 Key Means of the Battle Step 4: Define 0-3 Key Activities of the Mean 1 2 3 4 3© Cone Advisor
  • 4. Southwest Airlines’ Mantra • The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit. Source: www.southwest.com 1 4© Cone Advisor
  • 5. The Essence of Who You Are – Make a Mantra • A mission statement, while touted as necessary for any company, often is not representative of the true meaning of the company • A mantra is shorter 3-4 words and captures the essence of the organization. • Examples* • Wendy's "Healthy Fast Food“ • FedEx "Peace of Mind“ • Nike "Authentic Athletic Performance“ • Mary Kay "Enriching women’s lives" © Cone Advisor 5 Source: Guy Kawasaki, Stanford 20.10.2004 Entrepreneurial Thought Leader Speaker Series *(Examples are not from companies. These Mantras Kawasaki proposed as a mantra for the company.
  • 6. © Cone Advisor 6 Modeling your Must-Win Battle Must-Win Battle 2-3 Strategic Means (Focus areas of the Battle) 0-3 Critical Incidents (Key Activities, Simple Rules) Source: Ala-Mutka 2008 2 3 4
  • 7. Key Means and Activities as Simple Rules • 1.Decision making rules • Midsized cities & secondary airports • 2.Boundary rules • No Meals, No Seating • 3.Activity rules • Point-to-point service • 4.Performance rules • 25-minutes gate turnaround © Cone Advisor 7 Source: Ala-Mutka 2008 p. 185-188, see also Eisenhardt & Sull 2001 Simple Rules
  • 8. MWB Model © Cone Advisor 8 Profitable Growth Efficiency of Processes Productivity of Resources Customer Value Must Win BattlesMeans Key Activities Source: Ala-Mutka 2008 p. 165 Themes of Must-Win Battles
  • 9. 1. Get started • Successful MWB kick-off event is only the starting point of your journey. Source: http://knowledge.wharton.upenn.edu/article/must- win-battles-lessons-from-successful-and-failed-journeys/9© Cone Advisor
  • 10. 2. Inspire towards difference • The most successful MWBs are those that tap into the groups’ aspirations and inspire everyone to do things differently. Source: http://knowledge.wharton.upenn.edu/article/must- win-battles-lessons-from-successful-and-failed-journeys/10© Cone Advisor
  • 11. 3. Incentives & Drivers • Balance the “carrot and stick” in leading your MWB journey - Drivers to the success • Discipline • Incentives Source: http://knowledge.wharton.upenn.edu/article/must- win-battles-lessons-from-successful-and-failed-journeys/11© Cone Advisor
  • 12. 4. Commitment • Enlarge the group of people leading the journey. The broader the leadership, the greater the probability of success. Source: http://knowledge.wharton.upenn.edu/article/must- win-battles-lessons-from-successful-and-failed-journeys/12© Cone Advisor
  • 13. 5. Be Agile • A MWB journey is not a quick fix. • Persistence, • discipline, and • continually raising performance targets over time will enhance your prospects of success. Source: http://knowledge.wharton.upenn.edu/article/must- win-battles-lessons-from-successful-and-failed-journeys/13© Cone Advisor
  • 14. © Cone Advisor 14 Visual Strategy Model + Must Win Battles • Jukka Ala-Mutka, Strategiamalli (in Finnish), Talentum 2008. • Strategy Modeling • Visual method • Agile Strategy • Peter Killing & Tom Malnight, Must-Win Battles, 2005 • MUST-WIN BATTLES WILL SHOW YOU HOW TO IDENTIFY AND AGREE ON THE CRITICAL CHALLENGES THAT WILL MAKE OR BREAK YOUR BUSINESS, AND HELP YOU TO MOBILIZE PEOPLE AND RESOURCES TO ACHIEVE THOSE GOALS BY COMBINING STRATEGIC FOCUS WITH EMOTIONAL COMMITMENT. Source http://www.mustwinbattles.com