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Our monthly Wise Talk teleconferences feature energizing interviews with selected experts from around the world on topics such as talent, strategy, innovation, design thinking, and resilience.

March 4, 2013 / Book Reviews / Strategy / Wise Talk

Book Review: Playing to Win

playing-to-win-cover-newPlaying to Win: How Strategy Really Works
By A.G. Lafley and Roger Martin

Head: (4 out of 5)
Heart: (3.5 out of 5)
Leadership Applicability: (4.5 out of 5)

In Playing to Win: How Strategy Really Works, authors A.G. Lafley and Roger Martin draw from their years of experience working at Proctor & Gamble and the Rotman School of Management to explain the strategy behind one of the most successful corporate turnarounds of the century. They address how leaders of companies, big and small, can use simple techniques in their own organizations. The authors set out to right the wrong thinking about strategy.

Strategy is not about having a vision, and it’s not about having a plan. For the authors it is about winning. Winning requires a strategy that is managed and joined by a set of five questions. Playing to Win provides a provocative definition of strategy as the answer to these five questions – the same five questions no matter what your industry, size or situation:

  • What is our winning aspiration?
  • Where will we play?
  • How will we win?
  • What capabilities must we have in place to win?
  • What management systems are required to support our choices?

Strategy is boiled down to two key factors: 1) Where to play? and 2) How to win?  “These two choices,” write Martin and Lafley, “are tightly bound up with one another, form the very heart of strategy and are the two most critical questions in strategy formulation.” Playing To Win answers these questions in a winning way through a simple framework that’s both easy to understand, use, and makes it accessible to all.

Strategy begins with making choices and tough decisions. If this does not happen, you will never have a genuine strategy. But as the book points out, developing a strategy is not difficult, provided that those involved are prepared to address key questions and welcome a diversity of views to identify the best direction for the business. Buy it

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January 31, 2013 / HR / Talent Management / Strategy / Wise Talk

Q&A with Cynthia Montgomery on Being The Strategist Your Business Needs

strategy-airplane

Last week’s Wise Talk with Cynthia Montgomery launched our 2013 leadership theme of Strategy. She talked with Mariposa CEO Sue Bethanis on the different aspects of strategy and how they directly relate to business management.

Cynthia is a Harvard Business Strategy professor and author of the book The Strategist. Check out these snippets of their conversation to gain a deeper understanding of the topic.

In this first snippet, Cynthia talks about the most necessary element behind strategy – purpose:

In this next snippet, she talks about the strategy behind capturing value:

In this final snippet, Sue asks Cynthia what she sees as the most common mistake executive make when it comes to strategy. Listen to her response here:

Click here to access Mariposa Leadership’s Wise Talk archives, and click on “Are you a strategist?” for the full audio of this session.

We welcome your thoughts in the comments section below.

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January 31st, 2013|Categories: HR / Talent Management, Strategy, Wise Talk|Tags: |
January 15, 2013 / HR / Talent Management / News / Strategy / Wise Talk

The Passion Behind Your Business Strategy

flames

There are several key factors that go into a winning business – a great idea, a great team, great passion, and great leadership. All are important, but great passion can be the fire that helps fuel the success. Consequently, it can also destroy the business when it is misguided.

Like all fires, passion can spark other flames and become contagious, igniting the passion of investors, business partners, and customers, as well as employees. If left uncontrolled, passion can consume, destroy, and leave a business with an empty dream. However, when controlled, directed, and focused, it can boost a business’ chance for success.

Here at Mariposa, we’re fired up about strategy! It being our leadership theme for 2013, we’re excited to start off this year by peeking into one of the more popular classes at Harvard Business School, a strategy course taught by professor Cynthia Montgomery. This class is also the basis of Montgomery’s book, The Strategist: Be the Leader Your Business Needs. In it, Montgomery identifies that an effective purpose and the passion behind it are what initiate value creation and capture.

Join us Thursday, January 24th at 1pm PT, on Wise Talk as Mariposa Leadership, Inc. CEO Sue Bethanis talks with HBS professor Cynthia Montgomery on how to transform sparks into strategic fire!

Topics for the interactive discussion will include:

• What’s your definition of a strategist?

• How do strategists keep a competitive edge?

• What is a common mistake you have seen executives make when it comes to strategy?

We welcome you to join Wise Talk, our free monthly teleconference and submit your own questions for discussion. Sign up and be entered to win a copy of this month’s leadership resource, The Strategist: Be the Leader Your Business Needs.
One winning listener will be announced at the end of the talk!

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January 8, 2013 / Blog / Book Reviews / HR / Talent Management / Strategy / Wise Talk

Book Review: The Strategist

The Strategist Book CoverThe Strategist:
Be The Leader Your Business Needs
By: Cynthia Montgomery

Head: (4.5 of 5)
Heart: (3.5 of 5)
Leadership Applicability: (4.5 of 5)

The Strategist is more like attending a month long Harvard Business Strategy course than a book. Cynthia Montgomery really takes you inside one of her legendary courses (complete with slides), giving insights into several different company’s success’ and failures, igniting in her readers the passion and purpose behind what it takes to be a strategic business leader.

Strategy begins with purpose and The Strategist reminds us that an effective purpose is one that stems from a desire to create meaning, to be unique, and to inspire. But above all, an effective purpose initiates value creation and capture. Your purpose must be so powerful that it not only generates positive economic outcome, but it does so because your customers feel like they are part of something bigger just by using your products or services. Montgomery goes into ways you can make a difference in your company, how you can create and capture lasting value, and how to do so while strengthening your bottom line.

Like a business course, The Strategist offers a variety of tools and practices throughout the text, using graphs and other visual stimuli to illustrate the objectives. You are challenged to define and then redefine your purpose, develop your system of value creation, create your own strategy wheel, and then pull it all into perspective to set you on a forward path. Then, when you least expect it, Montgomery turns the tables, disrupts your thinking, and lights a fire under you in order to push your edges and inspire you to come up with even more ideas.

In addition to all of the applicable tools, one of the great values of this book is the extensive frequently asked questions section in the back. It’s like you’re sitting in class and questions come up that were not covered in the material or you’re missing applicability to your personal situation and as if you raise your hand to ask a question, Professor Montgomery is there to answer.

So, are you ready to become a strategist? Are you ready to step into a strategic leadership role with confidence and purpose? If you are ready to energize your leadership skills, this Harvard Business Strategy course in a book is for you.

Click here to learn more or join our January Wise Talk with author Cynthia Montgomery and submit your questions.

After sign up, you will receive the call in information and be entered to win a copy of this month’s leadership resource, The Strategist. One lucky listener will be announced at the end of the talk!

We welcome your thoughts in the comments section below.

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January 3, 2013 / Articles We Like / HR / Talent Management / Strategy / Wise Talk

The Value of Strategic Leadership

strategic leadership

Every year Mariposa Leadership aims to engage you in a new leadership theme. Last year it was Design Thinking and we feel very fortunate to have shared the wisdom and resources of several well known innovators via our free monthly teleconference Wise Talk. Our 2012 guests included Roger Martin, Bill Burnett, Teresa Amabile, Saul Kaplan, and Jeanne Liedtka, just to name a few…

In 2013, our Mariposa Leadership theme is Strategy, and we look forward to sharing Wise Talk discussions with you and some of the finest strategic leaders and authors in the business!

This month we focus on introducing you to yourself as a strategist. Whether you run a global enterprise or a small business, we wish to present to you the strategic tools to not only outwit your competitors but offer you, as a leader, the means to shape your organization decisively.

Combining the best of ideas about strategy and leadership and giving you the tools and confidence to step into the role, our January Wise Talk guest and author of The Strategist, Cynthia Montgomery, will not only help you reinvent yourself but also your business and the world around you.

In her July 2012 McKinsey Quarterly article, Montgomery explains how strategists lead. Central to her case is a simple observation: it is the strategist who must make the necessary choices that determine a company’s identity. It is the strategic leader who says, “This is our purpose, not that. This is who we will be. This is why our customers and clients will prefer a world with us rather than one without us.” She defines the strategist as meaning maker, as voice of reason, as operator, and expands on these giving examples of each, concluding that maintaining strategic momentum is a never ending task, however profoundly rewarding.

cynthia-montgomery-thumbWe are very excited to welcome Cynthia Montgomery on this month’s Wise Talk. Join her and Mariposa Leadership’s CEO Sue Bethanis on Thursday, January 24th from 1-2pm PT as they discuss how to be the strategist your company needs.

To sign up for our free monthly teleconference Wise Talk and submit your questions for discussion, please visit:

https://mariposaleadership.com/resources/teleconference_wise-talk

After sign up, you will receive the call in information and be entered to win a copy of this month’s leadership resource, The Strategist. One lucky listener will be announced at the end of the talk!

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December 13, 2012 / Articles We Like / Blog / Design Thinking / Creativity / Innovation / HR / Talent Management / Wise Talk

What is the future of organizational leadership? Join the experiment.

hierarchies have got to go

Organizational practices are changing – an always evolving business environment and constant innovation have become the new norm.

Communication between people is changing – we are acknowledging the necessary balance between choice and overload from the non-stop flow of information coming toward us.

The way people relate within organizations is changing – linear thinking is out and interdisciplinary collaboration is encouraged; more often becoming required to stay ahead of the curve.

So, what’s next?
As these different facets work with these changes, organizational structures must be called into question. We are presented with an opportunity to transition from hierarchy into a networked leadership model. As we welcome the advantages of collaboration and social technologies, we focus on the attributes needed to deliver results across organizational boundaries. Theories become facts as we discover ourselves in the future of leadership development and business management practices that really work.

In A Field Guide to Creating Cultures of Innovation by Causeit.org, we are given a web of concepts and tools so that we may better embrace this new norm of leadership and productivity.

We are provided with concepts, practices, videos, examples, and even a handy glossary to help us navigate the new ideas being presented and inspire collaboration.

This is a leadership experiment in the making and we hope you will join us for our next Wise Talk on Tuesday, December 18th from 2-3pm pacific time as Mariposa Leadership CEO, Sue Bethanis discusses the transition from hierarchy to networked organizational structures with innovation team consultant, cyborg anthropologist, and founder of Causeit.org, MJ Petroni.

Topics for the interactive discussion will include:
• How do you define this new normal of networked structures?
• How can creative thinkers, be they introverted or extroverted, leaders or technicians, be supported in this new model?
• How can structural and cultural components you and your clients put in place create more innovative and effective organization?
• What practical first steps will make a more creative, hospitable workplace?

Click here to learn more, sign up to join the conversation, and submit your own questions and ideas!

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December 6, 2012 / Design Thinking / Creativity / Innovation / Wise Talk

11/29 Wise Talk audio snippets on Designing For Growth with Jeanne Liedtka

Design Thinking for Managers

Last week’s Wise Talk with Jeanne Liedtka was a rich and harmonious conversation. Mariposa CEO Sue Bethanis described it as “awesome”.

Check out these audio snippets where guest Jeanne Liedtka expands on her book co-authored by Tim Ogilvie, Designing for Growth: A Design Thinking Tool Kit for Managers.

In this first snippet, Sue introduces Jeanne, giving us a little background:

Listen to Jeanne’s definition of design thinking:

The 4 distinctions that Jeanne has identified for managers are:

  • What Is
  • What If
  • What Wows
  • What Works

In this audio snip, Jeanne talks about “What Works”:

Click here to access Mariposa Leadership’s Wise Talk archives, and click on “Designing For Growth” for the full audio of this session.

For more information and to buy Designing For Growth, please visit http://designingforgrowthbook.com

We welcome your thoughts in the comments section below.

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