The Game of Business by Bhavin Turakhia

The Game of Business By, Bhavin Turakhia CEO, Directi ( http://directi.com )

“ Simplicity is the ultimate sophistication”
- Leonardo Da Vinci

Gather the right players
Enable them to make the right decisions most of the time (more often than competition)
Business is like a Game …

“ All the players must know how to play the game”
Principle 1 – Teach the Game OR

“ When all the employees understand the dynamics of business, everyone can feel, think and act like management”

“ All the players are aware of the final objective”
Win the season? Play for the nationals? Compete in the worldcup?
Principle 2 – Share the Macro Vision

“ Each season is broken into multiple games, each independent from the other”
Principle 3 – Set near term targets

“ The Score is always visible on a public Scoreboard”
Principle 4 – Keep Score

Notes
Measure everything
Let teams define Critical numbers
Don’t focus on more than 2-3 critical numbers
Keep changing the Critical numbers
Make a game out of the Critical numbers
Share your critical numbers every month / day / hour / minute across teams

Notes
Explain everyone the numbers and their importance
Get everyone engaged
Blow up the scoreboards – the bigger the better
Advantages
Statistics are fun
Numbers make work challenging – give a sense of purpose
Provide a sense of accomplishment
Numbers help set targets
Noone wants to fail a target – especially one they have set themselves
Open book management

“ Each player can link their actions to the outcome of a game”
Principle 5 – Line of Sight

“ Victory Party!!”
Principle 6 – Celebrate your Victories

“ To the victor[s] belong the spoils”
Principle 7 – Align Everyone’s Interests

Notes
How direct is the co-relation between the success of the organization and the individual
Gifts
Awards
Recognition
Bonuses
Stock Options

"A company performs best when its people see themselves as partners in the business - when they concern themselves not just with doing their jobs, but with the business objectives of the company"

The Game of Business
Principle 1 – Teach the Game
Principle 2 – Share the Vision
Principle 3 – Set Near Term Targets
Principle 4 – Keep Score
Principle 5 – Line of Sight
Principle 6 – Celebrate your Victories
Principle 7 – Align Everyone’s Interests

“ A single cohesive, self-organizing, self-propagating, scalable company with motivated, excited, passionate, informed, empowered individuals”
The Net Result

“ Would you rather be - a Business of employees, or a Business of Business-people”
“ Play the Game of Business as you would any other Game and build a Business of Business people”

Questions? [email_address] Website: http://directi.com Download Slides: http://wiki.directi.com

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The Game of Business by Bhavin Turakhia

by Directi Group on Jul 19, 2008

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