Scenario Planning to Bullet Proof Your Strategy

To Grow You Must Read - Innovation and Insights Podcast with Aniket Rai

Reading as a habit is relevant today for both professional and personal development. In the attention war amid other distractions, it can lose out.

This is a conversation with Aniket Rai on reading and cultivating it as a habit. Here are the highlights of this podcast episode

➡️How we lose touch with reading as professionals
➡️We are competing against ourselves to cultivate a reading habit. Guess who are the other competitors.
➡️Book reading records and how you should prepare
➡️Value of community and accountability groups for cultivation
➡️How to use your organisation thank you points
➡️Creative act by Rick https://amzn.to/4aEaBb4
➡️Why you should give more books to friends and family
➡️When to use speed reading
➡️How to use pens to help you read better
➡️Layered approach to reading - read, highlight,
➡️Star Framework - Share, Think, Action, Research
➡️ReadARs Club
➡️How reading in your personal life helps your professional success

Follow Aniket Rai at https://lnkd.in/g4D5fJDn

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

Deep Dive into Innovation with Robyn Bolton

Sharing a conversation on Innovation with Robyn M. Bolton. She has collaborated with Prof Clayton Christensen and has transformed numerous industries. In this conversation, Robyn Bolton, Founder and Chief Navigator at MileZero, shares insights on innovation.

We talk about the following:

• How to navigate ambiguous problems for innovation
• How creativity thrives under constraints
• Goal setting and revenue targets for innovation projects
• What growth gaps are and how identifying them propels you to success
• Stakeholder management and getting the team to see the joint vision
• The portfolio approach for innovation
• How you can use Generative AI for innovation programs

Robyn shares practical insights and this is one conversation that gets into a bit of depth.Do listen and share your thoughts.

Follow Robyn at https://www.linkedin.com/in/robynmbolton

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

Sustainable Building Management with Garima Bharadwaj, CTO, Enlite Research

This is a conversation with Garima Bharadwaj, Co-founder and CTO of Enlite Research. In this free flowing discussion, Garima shared insights about the Building Management Systems industry.

Here are the key areas covered:

How Garima discovered the problem to address at Enlite

Difference between customers and users

How Tier 2 and Tier 3 towns are adopting tech solutions

Ramping up on technology when transitioning from FMCG to IOT

True state of a hotel's functioning

Innovation systems at Enlite

Garima's recommendations for tech founders

-------

Follow Garima at https://www.linkedin.com/in/garimabharadwaj

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

Scenario Planning to Bullet Proof Your Strategy

Grab a tea or coffee for this one. We are discussing an insight on Scenario Planning drawing examples from cricket.

I came across this interesting article by Rick Lynch and Jay Galeota in the Harvard Business Review Guide on Strategy. It discusses 4 ways to bullet proof your strategy. However, I chose to spend time on the first one on scenario planning. We will cover it's importance, what to consider, and how to practice.

Let me know of your thoughts.

#strategy #scenarioplanning #whatif #insights


Link to the paper: https://hbr.org/2018/10/4-ways-to-pressure-test-strategic-decisions-inspired-by-the-u-s-military

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

Paul Ruppert - Business and High Performance Strategy from Skiing Coach and Executive

Paul is a season executive in the cpass and mobile services. He has worked as a lobbyist and has a comprehensive strategic consulting background. He’s also a skiing coach for more than 25 years. I truly had a fun discussion with him ranging from sports to business strategy to books and how emerging economies are spurring new innovations.

This is an extended conversation with him on the following topics:

· Journey into skiing

· Hemang’s experience with Downhill Mountain Biking in Colorado – Girl Scouts Trail

· Negotiating tricky slopes when skiing

· Skiing Coaching levels

· Crafting your strategy for complex situations

· Difference between German and American armies during World War II

· Bringing audacious goals to reality

· Books

· Reverse Innovation

· Working with an open mind for projects spanning geographies

Books Paul Recommends

The Art of War by Sun Tzu: Ancient Chinese text provides profound insights into strategy, tactics, intelligence gathering and leadership. Relevant not just in war fighting but all aspects of decision making and conflict. The “OG” of strategists.

The Mind of the Strategist by Kenichi Ohmae: Pivotal work by Japanese management consultant, book illuminates art of business strategy from Eastern perspective. Emphasizes a comprehensive, integrated and holistic approach to problem solving.

Competitive Advantage by Michael Porter. Seminal text on business strategy, introduces the concept and structural rubric of the “value chain” framework for analyzing and optimizing the various elements of a business. Key to HBS (Harvard Business School) case study methodology.

Innovator’s Dilemma, plus Innovator’s DNA, by Clayton Christensen. Ground breaking works exploring how even when successful companies do everything right, they can still loose market leadership to smaller, innovative companies with disruptive technologies, usually by targeting segments or adjacencies the larger “incumbents” overlook. Innovator’s DNA is a map as to how anyone can become the disruptive market innovator. Every entrepreneur should read both.

The Prince by Niccolo Machiavelli. Thought as exclusive to political strategy, it offers great insights into the dynamics of power, leadership and psychology, with insights of morally complex, strategic decision making.

Playing to Win: How Strategy Really Works by A.G. Lafley. Penned by former CEO of Procter & Gamble, provides an “in the trenches,” insider perspective on what it takes to create and execute a winning turnaround strategy in a complex corporate environment.

Sea Power: The History and Geopolitics of the World’s Oceans, by Admiral James G. Stavridis, US Navy. (Stavridis was four star Admiral who became Commander of NATO, later Dean of Tuft’s Fletcher School of Law and Diplomacy.). Provides an extensive exploration of the strategic significance—economically, politically, and geo-security—of the world’s oceans. Examines how naval power, and global logistics, has shaped the history of nations and international relations. Delves into current strategic issues such as the rise of China’s naval power, piracy, importance of maritime trade routes and the environmental challenges from c

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/