Greetings!
Here's a technique I read about in Blue Ocean
Strategy. The authors call it Drawing Your
Strategy Canvas. They say that this strategy
increased revenues for a financial services
firm by 30 percent.
Step 1: Visual Awakening. In this step
they brought stakeholders together to create a
visual value curve for the company. The
people in the meeting found places where
their own curve was pretty
similar to their competitors. No way to
distinguish themselves from the field.
Step 2: Visual Exploration. The
company sent teams out to meet face-to-face
with customers. As they say, "a company
should never outsource its eyes." This step
overturned many of the things the insiders
had identified in Step 1. Hmmm.
Step 3: Visual Strategy Fair. This
meeting included people who worked for the
company as well as many customers and
non-customers! Twelve teams were formed. Each
had ten minutes to present a strategy.
Presentations were kept short "on the theory
that any idea that takes more than ten
minutes to communicate is probably too
complicated to be any good." Judges put
sticky notes on their five favorites. The
judges were asked to explain why they made
these choices. The authors say that this fast
process by-passed corporate politics that
usually goes along with strategic planning.
This three-step process allowed the company
to see itself in a new light and develop new
innovative strategies. The book covers the
Drawing Your Strategy Canvas process in much
greater detail. (Blue Ocean Strategy.
Kim and Mauborgne. Harvard Business School
Press. 2005)
It seems like this process could be very
helpful as part of many large change
projects. And let me know if you find this
useful. Thanks.
I
Sincerely,

Rick Maurer
Maurer & Associates
phone:
703-525-7074