The One-Hour Strategy: Building a Company of Strategic Thinkers
4.5/5
()
About this ebook
The One-Hour Strategy follows Martin, the new sales team lead at Waters & Flows, which attracted him because of their unique way of doing strategy. We shadow Martin as he onboards with his new colleagues, who walk him through each aspect of their One-Hour Strategy, answering his questions and addressing his reservations. Along the way, Martin learns:
• Why employees at every level in the firm should be involved in strategy
• How strategic competence creates company agility, which is crucial in disruptive times
• How this new approach closes the strategy-versus-execution gap
Martin’s story introduces an easy but valuable tool for integrating strategic planning into your organization’s culture. Martin’s notes on key takeaways distill the information he learns, and each chapter includes self-evaluation questions to help you consider how this new way of thinking could be integrated at your company. If you’re dissatisfied with the traditional way of doing strategy or your company seems stuck in a rut of strategizing that never turns into action, this book offers a solution.
Related to The One-Hour Strategy
Related ebooks
Strategy = Execution: Faster Improvement, Renewal, and Innovation in the New Economy Rating: 0 out of 5 stars0 ratingsThe Strategy Book: Create a Strategic Mindset and Future-Proof Your Business Rating: 0 out of 5 stars0 ratingsThe Strategy Legacy: How to Future-Proof a Business and Leave Your Mark Rating: 0 out of 5 stars0 ratingsOptimizing Strategy For Results: A Structured Approach to Make Your Business Come Alive Rating: 0 out of 5 stars0 ratingsSystems Thinking Strategy: The New Way to Understand Your Business and Drive Performance Rating: 0 out of 5 stars0 ratingsStrategic Business Transformation: The 7 Deadly Sins to Overcome Rating: 0 out of 5 stars0 ratingsBeing Strategic: Plan for Success; Out-think Your Competitors; Stay Ahead of Change Rating: 4 out of 5 stars4/5Execution IS the Strategy: How Leaders Achieve Maximum Results in Minimum Time Rating: 3 out of 5 stars3/5No Bullsh*t Strategy: A Founder’s Guide to Gaining Competitive Advantage with a Strategy That Actually Works Rating: 5 out of 5 stars5/5Summary of Ethan M. Rasiel's The McKinsey Way Rating: 0 out of 5 stars0 ratingsSummary of Richard Rumelt's Good Strategy Bad Strategy Rating: 0 out of 5 stars0 ratingsSummary of Chris Bradley,Martin Hirt, and Sven Smit's Strategy Beyond the Hockey Stick Rating: 0 out of 5 stars0 ratingsThe Strategy Manual: A step-by-step guide to the transformational change of anything Rating: 0 out of 5 stars0 ratingsThinkers 50 Strategy: The Art and Science of Strategy Creation and Execution Rating: 0 out of 5 stars0 ratingsThe Invincible Company: How to Constantly Reinvent Your Organization with Inspiration From the World's Best Business Models Rating: 0 out of 5 stars0 ratingsSeeing Around Corners: How to Spot Inflection Points in Business Before They Happen Rating: 0 out of 5 stars0 ratingsWhy Didn't I Think of That?: Better Decision Making at Home and at Work Rating: 0 out of 5 stars0 ratingsSummary of A.G. Lafley & Roger L. Martin's Playing to Win Rating: 0 out of 5 stars0 ratingsRewired: The McKinsey Guide to Outcompeting in the Age of Digital and AI Rating: 5 out of 5 stars5/5Change: How Organizations Achieve Hard-to-Imagine Results in Uncertain and Volatile Times Rating: 0 out of 5 stars0 ratingsThe Frictionless Organization: Deliver Great Customer Experiences with Less Effort Rating: 0 out of 5 stars0 ratingsHigh-Impact Tools for Teams: 5 Tools to Align Team Members, Build Trust, and Get Results Fast Rating: 5 out of 5 stars5/5Moments of Impact: How to Design Strategic Conversations That Accelerate Change Rating: 4 out of 5 stars4/5From CULTURE to CULTURE: The System to Define, Implement, Measure, and Improve Your Company Culture Rating: 5 out of 5 stars5/5Summary of Martin Reeves, Knut Haanaes & Janmejaya Sinha's Your Strategy Needs a Strategy Rating: 0 out of 5 stars0 ratingsElevate: The Three Disciplines of Advanced Strategic Thinking Rating: 5 out of 5 stars5/5Competing on Thought Leadership Rating: 5 out of 5 stars5/57 Powers: The Foundations of Business Strategy Rating: 5 out of 5 stars5/5
Strategic Planning For You
The Art of War: A New Translation Rating: 4 out of 5 stars4/5How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off Rating: 0 out of 5 stars0 ratingsNew Sales. Simplified.: The Essential Handbook for Prospecting and New Business Development Rating: 4 out of 5 stars4/5The 10X Rule: The Only Difference Between Success and Failure Rating: 5 out of 5 stars5/5Hagakure: The Book of the Samurai Rating: 4 out of 5 stars4/5Rocket Fuel (Review and Analysis of Wickman and Winter's Book) Rating: 5 out of 5 stars5/5Creating a Business Plan For Dummies Rating: 3 out of 5 stars3/5Summary of The 33 Strategies of War: by Robert Greene - A Comprehensive Summary Rating: 0 out of 5 stars0 ratingsThe Ultimate Sales Machine (Review and Analysis of Holmes' Book) Rating: 4 out of 5 stars4/5MONEY Master the Game (Review and Analysis of Robbins' Book) Rating: 5 out of 5 stars5/5Start at the End: How Companies Can Grow Bigger and Faster by Reversing Their Business Plan Rating: 5 out of 5 stars5/5The CEO’s Secret Weapon: How Great Leaders and Their Assistants Maximize Productivity and Effectiveness Rating: 3 out of 5 stars3/5The 12 Week Year (Review and Analysis of Moran and Lennington's Book) Rating: 5 out of 5 stars5/5Strategy Skills: Techniques to Sharpen the Mind of the Strategist Rating: 4 out of 5 stars4/5The Nonprofit Strategy Revolution: Real-Time Strategic Planning in a Rapid-Response World Rating: 4 out of 5 stars4/5Scaling Up: How a Few Companies Make It...and Why the Rest Don't (Rockefeller Habits 2.0 Revised Edition) Rating: 4 out of 5 stars4/5Start Your Own Business: The Only Startup Book You'll Ever Need Rating: 3 out of 5 stars3/5Signing Service Secrets Revealed: A Guide On How To Start Your Own Signing Service Service Company Rating: 0 out of 5 stars0 ratings7 Powers: The Foundations of Business Strategy Rating: 5 out of 5 stars5/5Primalbranding: Create Belief Systems that Attract Communities Rating: 4 out of 5 stars4/5Play Bigger: How Pirates, Dreamers, and Innovators Create and Dominate Markets Rating: 4 out of 5 stars4/5Summary: Made to Stick: Review and Analysis of the Heath Brothers' Book Rating: 0 out of 5 stars0 ratingsSummary of Blue Ocean Strategy: by W. Chan Kim and Renée A. Mauborgne | Includes Analysis Rating: 4 out of 5 stars4/5Both/And Thinking: Embracing Creative Tensions to Solve Your Toughest Problems Rating: 0 out of 5 stars0 ratingsThe One Page Business Plan (Review and Analysis of Horan's Book) Rating: 5 out of 5 stars5/5Business Plan Checklist: Plan your way to business success Rating: 5 out of 5 stars5/5Start with Strategy: Craft Your Personal Real Estate Portfolio for Lasting Financial Freedom Rating: 0 out of 5 stars0 ratingsTime Management (The Brian Tracy Success Library) Rating: 5 out of 5 stars5/5The Checklist Manifesto (Review and Analysis of Gawande's Book) Rating: 0 out of 5 stars0 ratingsReady, Fire, Aim (Review and Analysis of Masterson's Book) Rating: 5 out of 5 stars5/5
Reviews for The One-Hour Strategy
4 ratings1 review
- Rating: 5 out of 5 stars5/5A very unique way of telling complex concepts which you can actually relate in your company and start applying it.
Book preview
The One-Hour Strategy - Jeroen Kraaijenbrink
INTRODUCTION
THIS IS A STORY ABOUT MARTIN. He is the new marketing guy at Waters & Flows, and both Martin and Waters & Flows are fictional. But more importantly than anything else, this is a story about strategy, and that part is decidedly real. Not about how strategy is done in the average company today. It’s a story about how strategy could, or even should, be done to achieve extraordinary daily success. So it’s a bit of a romantic story, too.
To start with a spoiler, the main message is that strategy should become part of the day-to-day processes throughout your organization. All levels, all departments, everyone. It needs to be in your organization’s DNA. It should be ordinary, even mundane. Not extraordinary, special, or something reserved for gray people wearing blue suits.
Only then can we expect strategy to become an organization’s core competence. And that’s what organizations need, especially in a world that is as complex, dynamic, and uncertain as ours today. As they say, the only constant is change. If that is true, a company’s ability to spot changes and embrace them in a coherent way is the single most important competence a company can have. Strategy is that competence. Or it should be. And only then can we expect a company to have extraordinary success on an everyday basis.
This is also a story about you and about your organization. Or at least, that is who and what I wrote this book for. Maybe you are Martin; or Alex, the CEO; or Chi, the product manager. Whoever you identify most with, all are a key part of the approach to strategy that unfolds in this book. The approach is called the One-Hour Strategy. I won’t give you any more spoilers about why I have called it that. You’ll soon find that out when you start reading the story.
As you read this book, I recommend stopping after every chapter, or even after every takeaway, to reflect for a moment on how what you have just read applies to your own organization. To help you with this, every chapter ends with a set of what is
and what if
questions. The what is
questions invite you to evaluate how strategy is currently done at your organization, including the strengths and weaknesses of that effort. The what if
questions invite you to think about how things could, would, or even should be done differently when adopting the One-Hour Strategy takeaways from the chapter.
Of course, you’re not Waters & Flows. But the lessons from this story are universal. They may require a tweak here and there to make the approach fully fit within your organization. And if your organization is very small or very large, you may need to adjust it a bit more. But the bottom line applies everywhere. Read the story, let it sink in, and turn it into action to make it work for you.
CHAPTER 1
THE SHOCK
5:43 A.M. MARTIN LOOKED AT HIS alarm clock and sighed. Why do I wake up this early? he thought. It was Monday, his first day at his new employer, Waters & Flows, and he was excited. But he could have slept for another hour.
He was more excited than he wanted to admit, because he had heard great stories about Waters & Flows. Not so much about the business itself—the company designs, manufactures, installs, and maintains industrial pumps. They do it well and are highly successful. Their products and services are possibly the best and most reliable in the industry. And they’re known for how well they treat and care about their employees.
But that’s not what the stories were about; at least, those were not the stories that Martin was most interested in. No, the most intriguing stories he had heard were all about how Waters & Flows is managed—and specifically about how they do strategy.
Martin liked strategy, a lot. While studying for his MBA, he learned about all the different, though largely conventional tools: SWOT, Balanced Scorecard, Five Forces Framework, BCG Matrix, Mission, Vision, Golden Circle, and so on. He was excited to see how Waters & Flows was able to use all these tools effectively and how they had become a master at strategy.
But he didn’t have to get up until 7 a.m. What shall I do? he pondered. Get up or try to go back to sleep? He decided to give it another try and closed his eyes.
• • •
BEEP. BEEP. BEEP. BEEP. BEE— Martin woke up with a shock and smashed the big yellow button on his alarm clock. What day is it? What time? Did I oversleep!?
Monday, 7 a.m., he realized. Time to get up. So he stepped out of his bed, took a shower, dressed, and fixed his hair. You look great,
he whispered confidently to the mirror.
After his breakfast, he put on his helmet and jumped on his e-bike, ready for a six-mile commute. Avoiding all the traffic jams that automobiles are prone to, he arrived twenty-five minutes later at Waters & Flows. Time for his first day at his new job!
• • •
His instructions were to go to the front desk and ask for Nina. Outside the office, he locked his e-bike into the shiny steel rack alongside the building, and fixed up his hair with his hands as best he could. He then entered through the sliding doors and approached the reception desk, behind which a young man with dark hair and wearing wire-rimmed glasses stood ready to greet him.
Hi, I am Martin Koverski. I’m new here, and I was told to ask for Nina.
Ah, the new guy! Welcome to Waters & Flows. I am Sandeep. Nice to meet you,
the man replied. Just follow me; I’ll bring you to Nina. How has your day been going so far?
Short and pretty chaotic, Martin thought, replying instead, Um, quite good, I think,
as he followed Sandeep up the stairs, stepping briskly.
Anyway, this is Nina’s office,
Sandeep said, gesturing