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Learn how to make effective decisions, foster a culture of trust, and deliver valuable outcomes in strategic leadership practices. Explore the applications of collaboration, problem-solving, and considering risks. Understand the importance of decision-making and when to step up or step back in leadership roles. Identify the key factors in valuing business inputs and calculating costs and benefits. Develop a purpose-based alignment model to drive innovation and sustainable competitive advantage.
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leadership practices applications collaboration decision making stepup,stepback consideringrisk problemsolving culture oftrust
what dowe do? when dowe do it? when do we decide?
delivertheright product • Build Trust?
Never or Rarely Used: 64% Always or Often Used: 20% Rarely 19% Sometimes 16% Often 13% Never 45% Always 7% Standish Group Study, reported by CEO Jim Johnson, XP2002
consistentlydeliver business value
deliver value? what’sthat?
Costs Business Value Defining Value calculation Value Calculation Benefits
Estimate Business Value Valuing the Inputs calculation Value Calculation Guess
Business Value Model Purpose Considerations Costs and Benefits
where do we start?
Mission Vision Values Strategic Intent ~ Strategy~Purpose Strategic Long-Range Goals Start Here SWOT / 5Q Annual Objectives Action Plans (what, who, when) Tactical Individual Business Objectives
Purpose Based Alignment Model High Partner? Differentiate Market Differentiating Who cares? Parity Low High Low Mission Critical
Purpose Based Alignment Model High Do we take this on? Innovate, Create Market Differentiating Achieve and Maintain Parity, Mimic, Simplify Minimize or Eliminate Low High Low Mission Critical
How about an example? financial documentation system
Purpose Based Alignment Model High Anything here? What goes here? Market Differentiating Anything here? Most are usually here. Low High Low Mission Critical
focused on differentiators simplified the rest
results: better product cut time by 50% 60% cost reduction
Strategy? High Partner? Differentiate Market Differentiating Who cares? Parity Low High Low Mission Critical
strategy = sustainable competitive advantage • Sustainable • Competitive advantage
the 5 questions: 1. Whom do we serve and what do they want and need most? 2. What do we provide to help them? 3. What is the best way to provide this? 4. How do we know we are succeeding? 5. How should we organize to deliver?
You Think My Products Are Good? You Should See My Chart of Accounts!
We invest more in our WMS than we do in product development
“To be thelow cost airline.” - Southwest Airlines
“Will this help us bethelow cost airline?” - Southwest Airlines
strategy creates decision filters
decision filters: make dailydecisions schedule projects what to develop
cascade decision filters throughout organization
How about another example? single purchase, multiplecredit cards
requires customization
High Differentiate Market Differentiating OR Parity Low High Low Mission Critical
High Differentiate Market Differentiating Low High Low Mission Critical
Give Me Your Tired, Your Poor, Your Maxed Out Credit Cards
Managing Risks List Three Professional Options commonsensenot common practice
purpose is not priority
Leadership Influence innovate!
Start Up Exercise: Pick a project. Practicum Pick an objective, a brand, or a project.
What is the purpose? High Partner? Differentiate Market Differentiating Who cares? Parity Low High Low Mission Critical