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Strategy Hacking

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Page 1: Strategy Hacking - uploads.strikinglycdn.com

Strategy Hacking

Page 2: Strategy Hacking - uploads.strikinglycdn.com

strat • e • gy:

Copyright 2019 James Wisdom, All Rights Reserved

Page 3: Strategy Hacking - uploads.strikinglycdn.com

Convey an Idea Marshal Support

Guide Actions Evolve

Copyright 2019 James Wisdom, All Rights Reserved

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PNI Connections

James Burke

I

E

SR

Copyright 2019 James Wisdom, All Rights Reserved

Page 5: Strategy Hacking - uploads.strikinglycdn.com

As-Is

Where You AreThe Now

To-Be

Where You Want To BeThe Future

The Strategy

Copyright 2019 James Wisdom, All Rights Reserved

Page 6: Strategy Hacking - uploads.strikinglycdn.com

Gather Inputs

Choose Framework

Define Challenge

Analyze Inputs

As-IsWhere You AreThe Now

Copyright 2019 James Wisdom, All Rights Reserved

Page 7: Strategy Hacking - uploads.strikinglycdn.com

Define Challenge

Copyright 2019 James Wisdom, All Rights Reserved

Page 8: Strategy Hacking - uploads.strikinglycdn.com

Define Challenge

Be creative.Interview key players. Seek engagement.Listen for meaning. Consider the strengths and weaknesses of the business. Make and validate assumptions.Articulate, revise, repeat.

As-IsWhere You AreThe Now

Copyright 2019 James Wisdom

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Gather Inputs

Gather everything.Read, sift, understand, interpret.Seek expert help. Map existing Key Performance Indicators (KPIs).

As-IsWhere You AreThe Now

Similarweb SpyFu Alexa Moat

Ahrefs Quantcast Serpstat Nacho Analytics

Copyright 2019 James Wisdom, All Rights Reserved

Page 10: Strategy Hacking - uploads.strikinglycdn.com

Analyze Inputs

Make the inputs useful through transformation.Identify information gaps and address them.Make and validate assumptions.Articulate, revise, repeat.Seek meaning.

Porter’s 5 Forces Blue Ocean PESTLE Scenario Planning

Value Chain Balanced Scorecard VMOST Kotter Change

As-IsWhere You AreThe Now

Copyright 2019 James Wisdom, All Rights Reserved

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Analyze Inputs

SWOT Capability Map Maturity Model Harvey Balls

Copyright 2019 James Wisdom, All Rights Reserved

Page 12: Strategy Hacking - uploads.strikinglycdn.com

Analyze Inputs

Copyright 2019 James Wisdom, All Rights Reserved

Page 13: Strategy Hacking - uploads.strikinglycdn.com

Choose Framework

Copyright 2019 James Wisdom, All Rights Reserved

Page 14: Strategy Hacking - uploads.strikinglycdn.com

As-IsWhere You AreThe Now

Choose Framework

Select a framework that makes sense to you and fits the business challenge.Be comfortable shaping your own framework.This is a process of deconstruction.Visual and structural.Clear communication is paramount.

SlideShare Accenture / QPT Prezi SlideModel

Copyright 2019 James Wisdom, All Rights Reserved

Page 15: Strategy Hacking - uploads.strikinglycdn.com

Choose Framework

Copyright 2019 James Wisdom, All Rights Reserved

Page 16: Strategy Hacking - uploads.strikinglycdn.com

Choose Framework

Copyright 2019 James Wisdom, All Rights Reserved

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Choose Framework

Copyright 2019 James Wisdom, All Rights Reserved

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To-BeWhere You Want to BeThe Future

Describe Success

Define Vision

Copyright 2019 James Wisdom, All Rights Reserved

Page 19: Strategy Hacking - uploads.strikinglycdn.com

To-BeWhere You Want to BeThe Future

Define Vision

Be persuasive. This is your vision.Show don’t Tell don’t Sell.Craft an Executive Summary – an ‘elevator pitch.’ Describe the positive human impact.Know your audience. Seek feedback from key stakeholders.The vision reveals your framework.Your framework is your ToC.

It must be clear.

Copyright 2019 James Wisdom, All Rights Reserved

Page 20: Strategy Hacking - uploads.strikinglycdn.com

Define Vision

Copyright 2019 James Wisdom, All Rights Reserved

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To-BeWhere You Want to BeThe Future

Define the KPI’s that this strategy will focus on.Craft a Business Plan – be realistic.Imagine the breadth of impact.Know your audience.Seek feedback from key stakeholders.

Describe Success

ROI ROAS NPS Revenue

Sales Employee Ratings Lifetime Value Retention

Copyright 2019 James Wisdom, All Rights Reserved

Page 22: Strategy Hacking - uploads.strikinglycdn.com

The StrategyHow to Get ThereThe Plan

How To Get There

Now What?

Show Your Work

Identify Risks and Uncertainty

Copyright 2019 James Wisdom, All Rights Reserved

Page 23: Strategy Hacking - uploads.strikinglycdn.com

Multifaceted – tech, culture, channels, governance, business environment, regulations, customer, brand … Illustrating and giving credence to the vision. Tie each facet back to the vision. Gap analysis – compare today to the future.Make it comprehensible but supported.

The StrategyHow to Get ThereThe Plan

Show Your Work

Copyright 2019 James Wisdom, All Rights Reserved

Page 24: Strategy Hacking - uploads.strikinglycdn.com

Show Your Work

Copyright 2019 James Wisdom, All Rights Reserved

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Show Your Work

Copyright 2019 James Wisdom, All Rights Reserved

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Change incurs risk.Realistic risks boost credibility.Give skeptics a voice – and address.There will be ample ambiguity – be honest. Brainstorm everything that could go wrong.Humans resist change. Acknowledge this. You’ve made assumptions. Declare them.

Identify Risks and Uncertainty The StrategyHow to Get ThereThe Plan

Copyright 2019 James Wisdom, All Rights Reserved

Page 27: Strategy Hacking - uploads.strikinglycdn.com

Consider all of the facets – in what order should they happen to ensure success?Consider priorities – quick hits versus long game.Create a roadmap. Seek feedback from key stakeholders.

The StrategyHow to Get ThereThe Plan

How To Get There

Copyright 2019 James Wisdom, All Rights Reserved

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How To Get There

Copyright 2019 James Wisdom, All Rights Reserved

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How To Get There

Copyright 2019 James Wisdom, All Rights Reserved

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Seek comment and commitment.How will we, together, usher in this strategy?Who needs to be involved and support?Tangible asks – money, time, personnel, infrastructure, technology, vendor support … Everyone will be asking:

How Much will it cost?How does this affect me?

The StrategyHow to Get ThereThe Plan

Now What?

Copyright 2019 James Wisdom, All Rights Reserved

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01.Challenge

02.What We Know

03.The Strategy

04.Next Steps

05.Appendix

DeliveryStructure

Copyright 2019 James Wisdom, All Rights Reserved

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One Last StepCUT IT

Copyright 2019 James Wisdom, All Rights Reserved

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Thank YouQ&A

Expanded content, sources & survey at consultingwisdomllc.com/blog

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