Video description
Here's a rule of thumb: During a downturn, executives are much more likely to think change is necessary. In a similar fashion, during times of great growth, we assume that what we're doing is causing the desired results so staying the course makes sense. Neither point of view is necessarily true. It could be that a rising or falling tide lifts or lowers all boats, and what our strategy needs to do is propel our organizations to better than general market outcomes!
There's a way to bringing teams together to look at organizational trade-offs-decisions across all areas of their business or department. Remember "White Boarding" -- the tool we use to envision new horizons, new products, new opportunities, new growth? Well here's a tool to help make tough decisions -- MurderBoarding(TM).
The opposite of white boarding is MurderBoarding, we select from among the many initiatives to choose only the best. The desire is to cull and eliminate. Many times resources are wasted because we try to do too much. MurderBoarding is a process that helps narrow opportunities so that decisions can be made. This methodology invites us to narrow our focus to what is critical, what is crucial.
MurderBoarding is the opportunity to let some things really flourish by trimming off the excess that can distract you and your staff. By killing those time and resource draining activities, the company or department gets "pruned" so it can come back better, stronger for it. And in reality, it's less about "killing ideas" than putting them into purgatory so they can be resurrected when the time is right.
Table of contents
Product information
- Title: Reinvent as an Economic Necessity
- Author(s):
- Release date: July 2010
- Publisher(s): O'Reilly Media, Inc.
- ISBN: 0636920010586
You might also like
audiobook
Brainhacker
If you feel like your brain is "glitching," or working against you, know that you're not …
video
Learn Flutter and Dart to Build iOS and Android Apps (2023)
What makes Flutter the best framework to build mobile apps? With Flutter, you can build mobile …
audiobook
Fall in Love with the Problem, Not the Solution
Unicorns-companies that reach a valuation of more than $1 billion-are rare. Uri Levine has built two. …
video
Microsoft Power BI - The Complete Masterclass [2023 EDITION]
Microsoft Power BI is an interactive data visualization software primarily focusing on business intelligence, part of …