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The Game Of Business
 

The Game Of Business

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    The Game Of Business The Game Of Business Presentation Transcript

      • The Game of Business
      • “ 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”