In a world where the rate of change will never be slower than today, our ways of working with strategy need a new strategy.
This talk demystifies strategy by answering the following questions through concrete experiments from Lean/Agile transformation journeys:
* Why do you need strategy in a volatile, uncertain, complex and ambiguous world and what is it?
* How do you develop your strategy with speed and flexibility?
* How do you make your strategy happen with speed and engagement?
This is highly relevant for organizations large and small that would like to realize their full potential through effective strategies.
Here's a write-up: https://medium.com/@erik_schon/doing-strategy-the-interactive-flexible-way-strategy-as-football-43577dbcba0d
8. Strategy is a system of
achievable goals and visions
that work together
to align the team around
desirable outcomes for
both the business and your customers.
Strategy emerges from
experimentation towards a goal.
Melissa Perri
@erik_schon @AgilePeopleSwe #AgilePeople
9. How Do You Do Strategy?
@erik_schon @AgilePeopleSwe #AgilePeople
10. ”In real life, strategy is actually very straightforward.
You pick a general direction
and you implement like hell.”
Jack Welsh
@erik_schon @AgilePeopleSwe #AgilePeople
11. “… by what method?”
W. Edwards Deming
@erik_schon @AgilePeopleSwe #AgilePeople
12. “The strategy is top secret,
you just do what I tell you.”
@erik_schon @AgilePeopleSwe #AgilePeople
13. How Do You
Develop Your Strategy?
@erik_schon @AgilePeopleSwe #AgilePeople
14. Experiment:
Clear Needs & Long-Term KPIs
ENGAGED people as the foundation
FASTER time-to-market to be more responsive
MORE value to exceed customers’ expectations
BETTER quality to secure trust
x4
x2
x10
75%
@erik_schon @AgilePeopleSwe #AgilePeople
15. Experiment:
Strategy as a Game of Iterative Choices
Winning Proposition
Where to Play
How to Win
Key Capabilities
Enabling Structures
Playing to Win
@erik_schon @AgilePeopleSwe #AgilePeople Roger L. Martin
16. Experiment: Visualize Value Offering
Blue Ocean Strategy Canvas
@erik_schon @AgilePeopleSwe #AgilePeople W. Chan Kim and Renée Mauborgne
18. How Do You Make
Your Strategy Happen?
@erik_schon @AgilePeopleSwe #AgilePeople
19. Insight:
Alignment + Autonomy → Results
Intent
What & Why
Actions
HowAUTONOMY
ALIGNMENT
@erik_schon @AgilePeopleSwe #AgilePeople Stephen Bungay
20. Insight:
Long Lead-Time from Insights to Actions
Strategy
Update Preliminary
Balanced
Scorecard Final
Balanced
Scorecard
Q2 Q3
Targets still valid?
Focus on reporting …
Q4
@erik_schon @AgilePeopleSwe #AgilePeople
23. FOCUS on the
Wildly Important
Act on Your LEAD MEASURES
Create a CADENCE OF ACCOUNTABILITYKeep a COMPELLING SCOREBOARD
EXPERIMENT: Operating System for
Making Your Strategy Happen (4DX)
@erik_schon @AgilePeopleSwe #AgilePeople Chris McChesney, Sean Covey, Jim Huling
25. How do YOU want to do strategy?
@erik_schon @AgilePeopleSwe #AgilePeople
26. Doing Strategy the Interactive & Flexible Way
QUESTIONS!?
VISUALIZATION + COLLABORATION
ALIGNMENT + AUTONOMY
@erik_schon @AgilePeopleSwe #AgilePeople
27. For Further Inspiration & Learning!
@RogerLMartin
@plantin66
@hakanforss
@erik_schon @AgilePeopleSwe #AgilePeople
@BlueOceanStrtgy
Stephen Bungay
Chris McChesney, Sean Covey, Jim Huling
https://medium.com/@erik_schon
https://www.slideshare.net/erikschon/presentations