19. Making Strategy Simple
By Patrick Lencioni - December 2019
Listen to the Episode
19. Making Strategy Simple
At the Table with Patrick Lencioni
Episode Summary
Your organization's strategy should be simple and usable. Chris joins Pat and Cody to demystify "strategy". They share examples of companies who get it right and provide a framework for developing three strategic filters that should provide the context for all decision-making.
Links Mentioned during Podcast
00:48 — Six Critical Questions every company must answer
01:05 — Question 1: Why do we exist? One questions every company must answer
01:11 — Question 2: How do we behave? Creating culture and values
01:17 — Question 3: What do we do?
02:02 — Question 4: How will we succeed?
04:12 — Patrick Lencioni describes how The Table Group boils down strategy to 3 simple things
05:31 — Patrick Lencioni, “A strategy needs to be understandable, memorable, actionable and wise”
06:00 — Chris Jenson on mistakes companies make between strategy and goal setting
06:45 — Patrick Lencioni defines what “empowerment” should mean
09:20 — Patrick Lencioni gives examples of companies that use simple strategies effectively
13:55 — Chris Jenson talk about the difference between customer satisfaction and strategy
15:00 — Cody Thompson talks about the dignity of the human employee
16:28 — Chris Jenson talks about Mixbook.com’s strategic anchors and how they use them
20:40 — Patrick Lencioni explains why most companies are not strategic
21:43 — The Table Group’s strategic anchors and how we use them
27:27 — Patrick Lencioni recommends The Discipline of Market Leaders and defines it’s importance
28:40 — Product Leadership
29:48 — Customer Intimacy
31:48 — Operational Excellence
35:01 — Cody Thompson summarizes how you can make strategy simple
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