Playing to Win
Andrew Constable, DBA (Cand), MBA, BSP
Creating Value with Strategy | Strategy Consultant @ Visualise | Lead Coach @ Strategyzer, Leanstack | BSI Balanced Scorecard Professional (BSP) & Senior Associate | Blue Ocean Strategy Certified | Six Sigma Black Belt??
In the competitive business world, having a clear, actionable strategy is beneficial and essential for success. One of the most influential frameworks in strategic decision-making is "Playing to Win," developed by A.G. Lafley, former CEO of Procter & Gamble, and Roger L. Martin , a renowned strategy advisor and professor. This framework, detailed in their book "Playing to Win: How Strategy Really Works ," provides a pragmatic and practical approach to business strategy. It's designed to help organizations of any size understand how to create a winning strategy.
The Core of Playing to Win
The Playing to Win strategy framework is built around five critical questions guiding strategic decision-making. These questions are designed to help businesses make clear, actionable choices that will enable them to win in their chosen markets.
1. What is Our Winning Aspiration?
The framework starts with the end in mind. It challenges businesses to define what it means to "win" in their context. This is not just about financial success but about understanding the broader impact the organization wants to have on its customers, employees, and other stakeholders. A winning aspiration goes beyond ordinary goals to inspire and provide a clear direction.
2. Where Will We Play?
This question helps businesses narrow their focus. It's about choosing which markets or segments to compete in and making deliberate decisions about where not to play. This selection process is crucial because it determines where the organization will dedicate its resources to maximize impact and profitability.
3. How Will We Win?
Once the playing field is defined, the strategy must specify how the organization will achieve its winning aspiration in the chosen areas. This involves developing a unique value proposition that differentiates the business from its competitors and aligning the organization's resources and capabilities to deliver on this proposition.
4. What Capabilities Must We Have?
Certain capabilities are essential to executing the chosen strategy. This part of the framework focuses on identifying and developing the skills, systems, and processes that enable an organization to deliver its unique value proposition effectively and efficiently.
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5. What Management Systems Are Required?
Finally, the framework addresses the need for supportive management systems. These systems include performance measurement, resource allocation, and other processes that ensure the strategy is implemented as intended. They enable the organization to adapt to changes and stay on course towards achieving its winning aspiration.
Implementing the Playing to-Win Strategy
Implementing the Playing to Win framework requires disciplined thinking and a commitment to strategic clarity. It's not a one-time effort but a continuous strategic review and adaptation process. Organizations must be willing to ask tough questions, make hard choices, and focus relentlessly on execution.
The beauty of the Playing to Win strategy lies in its simplicity and practicality. It demystifies the strategy concept and provides a clear roadmap for making strategic choices. By rigorously applying this framework, businesses can develop strategies that are not only ambitious but achievable, ensuring they play to win in their chosen fields.
Conclusion
The Playing to Win framework by A.G. Lafley and Roger L. Martin offers a powerful approach to strategic decision-making. It guides businesses through structured questions that help clarify their aspirations, focus their efforts, and align their resources toward achieving a competitive advantage. In the dynamic and competitive business world, adopting a clear, actionable strategy framework like Playing to Win is essential for any organization aiming for the top.
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8 个月Decision-making is critical. Great article, Andrew Constable, MBA, LSSBB
Beyond Solutions, Your Management Partner | BDO
8 个月A very good summary of the methodology presented in the book "Playing to Win: How Strategy Really Works": The methodology presented provides a comprehensive and practical framework for the development and implementation of strategy within an organization. A remarkable aspect of this methodology, which I found in the book, is its versatility, allowing for application at various levels of a company, including departmental, business unit, and enterprise-wide levels. Good luck with your strategy!
For over 20 years, I‘ve helped CEOs and business owners make their companies more successful with clear, actionable, winning strategies ? Follow for Proven Systems to Make Better Strategy
8 个月The PtW framework indeed offers a good structure for discussing strategy. Depending on whether we're discussing corporate, business, or functional-level strategy, I adapt the dimensions slightly. My clients often find it necessary to have a broader view of the "capabilities," so I tend to rather talk about "supporting organization" and include structure, resources needed, etc. I also add a discussion around "strategic moves" for implementation.
Site Investigation and Geotechnical Professional with a passion for innovating
8 个月Like the way it starts with the winning aspiration
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8 个月Very useful, ive ordered the book