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The Game of Business by Bhavin Turakhia

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Visit http://wiki.directi.com/x/BwCK to download this presentation. This is a presentation I delivered at the proto.in conference in 2008. At Directi, we believe that Business is like a game. This ...

Visit http://wiki.directi.com/x/BwCK to download this presentation. This is a presentation I delivered at the proto.in conference in 2008. At Directi, we believe that Business is like a game. This presentation covers principles that embrace this philosophy and that have been instrumental to the success of Directi.

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  • Full Name Full Name Comment goes here.
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  • Nice presentation, will be glad to meet you and take your advice for better team management.
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  • Inspiring...Line of Sight!
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  • This deck makes it easy to understand Directi's success over the past few years.

    Ash
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    http://www.trainsem.com/
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  • Learn, Spread & Grow - Its a wonderful idea.

    [Comment posted from http://wiki.directi.com/display/HR/The+Game+of+Business;jsessionid=06F2E7F381023B36900197AEA56907A2]
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  • Really Good one - for all entrepreneurs who wish to start or to Grow!
    Good tips for me too! Thanks for posting!
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The Game of Business by Bhavin Turakhia The Game of Business by Bhavin Turakhia Presentation Transcript

  • 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
  • Notes
    • “ 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