6 Ws of Corporate Growth I keep six honest serving-men   (They taught me all I knew);  Their names are  What  and  Why  and  When   And  How  and  Where  and  Who . –  Rudyard Kipling
6 Ws of Corporate Growth Know What   Finding  the right balance in your business  will help you refine your goals and hasten you towards them. Organizations prosper by  achieving strategy  through balancing the four major factors or perspectives: Financial; Customer; Process; and Growth
6 Ws of Corporate Growth Know Why   What is the real purpose of your business? Your company needs  profits  to live, but profits are not what the business is for. The objectives are  to provide value to the population  and  to make the community better. When this vision is lost then we lose sense of purpose, the feeling of belonging, the sight of why we work, and why our business exists. Start a business when you have a passion for something and want to create something that you can be proud of. Inspire yourself and your people with a clear  vision . Define  shared values  and let values rule.  Achieve your  sustainable competitive advantage  by continuously developing existing and creating new  resources and capabilities  in response to rapidly changing market conditions. Focus on strengthening your  distinctive capabilities  –  leadership ,  teamwork ,  processes ,  tacit knowledge , etc. – which cannot be replicated by  competitors .
6 Ws of Corporate Growth Know When   Timing is everything. You have to know not only how to make a move, but when. “The value of actions lies in their timing,” said  Lao Tzu .  Customer value  derives from timely delivery. Change is unavoidable, but if you can anticipate it and understand business cycles, you can  ride with change  instead of being run over.
6 Ws of Corporate Growth Know Where   Remember the old joke about the car mechanic who’s called in after every other mechanic failed? He listens to the engine for a few minutes, then hauls off and gives it a big swift kick in a certain strategic spot. Lo and behold, the engine starts humming like a kitten. The mechanic turns around, gives the car owner his bill for $400. The owner is flabbergasted and demands an itemized breakdown  and explanation.  The bill says... '$1 for my time, and $399 for knowing where to kick.'
6 Ws of Corporate Growth Know How   Manage processes, not people. Focus not on what they do, but on how they do it. Establish a  synergistic   enterprise-wide  and an end-to-end (cross-departmental, and often, cross-company) coordination of work activities that create and deliver ultimate  value to customers
6 Ws of Corporate Growth Know Who   "In the end, all management can be reduced to three words: people, product, and profits.  People  come first," said Lee Iacocca  Your corporate vision is worthless, strategies powerless and shared values are corrupt without the right people to execute
6 Ws of Corporate Growth Know What   Customer Value Competitive advantages Sustainable growth
6 Ws of Corporate Growth Know Why   Vision  Value  Capabilities
6 Ws of Corporate Growth Know When   Change management Pursing opportunity Fast company
6 Ws of Corporate Growth Know How   Competing, innovating Organization, process Marketing, Selling
6 Ws of Corporate Growth Know Where   Enterprise strategies Road mapping Marketing intelligence
6 Ws of Corporate Growth Know Who   Enterprise strategies Road mapping Marketing intelligence
6 Ws of Corporate Growth Always remember  6 Ws What   Why   When   How   Where  and  Who .

6 Ws

  • 1.
    6 Ws ofCorporate Growth I keep six honest serving-men   (They taught me all I knew); Their names are What and Why and When And How and Where and Who . – Rudyard Kipling
  • 2.
    6 Ws ofCorporate Growth Know What Finding the right balance in your business will help you refine your goals and hasten you towards them. Organizations prosper by achieving strategy through balancing the four major factors or perspectives: Financial; Customer; Process; and Growth
  • 3.
    6 Ws ofCorporate Growth Know Why What is the real purpose of your business? Your company needs profits to live, but profits are not what the business is for. The objectives are to provide value to the population and to make the community better. When this vision is lost then we lose sense of purpose, the feeling of belonging, the sight of why we work, and why our business exists. Start a business when you have a passion for something and want to create something that you can be proud of. Inspire yourself and your people with a clear vision . Define shared values and let values rule. Achieve your sustainable competitive advantage by continuously developing existing and creating new resources and capabilities in response to rapidly changing market conditions. Focus on strengthening your distinctive capabilities – leadership , teamwork , processes , tacit knowledge , etc. – which cannot be replicated by competitors .
  • 4.
    6 Ws ofCorporate Growth Know When Timing is everything. You have to know not only how to make a move, but when. “The value of actions lies in their timing,” said Lao Tzu . Customer value derives from timely delivery. Change is unavoidable, but if you can anticipate it and understand business cycles, you can ride with change instead of being run over.
  • 5.
    6 Ws ofCorporate Growth Know Where Remember the old joke about the car mechanic who’s called in after every other mechanic failed? He listens to the engine for a few minutes, then hauls off and gives it a big swift kick in a certain strategic spot. Lo and behold, the engine starts humming like a kitten. The mechanic turns around, gives the car owner his bill for $400. The owner is flabbergasted and demands an itemized breakdown  and explanation. The bill says... '$1 for my time, and $399 for knowing where to kick.'
  • 6.
    6 Ws ofCorporate Growth Know How Manage processes, not people. Focus not on what they do, but on how they do it. Establish a synergistic enterprise-wide and an end-to-end (cross-departmental, and often, cross-company) coordination of work activities that create and deliver ultimate value to customers
  • 7.
    6 Ws ofCorporate Growth Know Who "In the end, all management can be reduced to three words: people, product, and profits. People come first," said Lee Iacocca  Your corporate vision is worthless, strategies powerless and shared values are corrupt without the right people to execute
  • 8.
    6 Ws ofCorporate Growth Know What Customer Value Competitive advantages Sustainable growth
  • 9.
    6 Ws ofCorporate Growth Know Why Vision Value Capabilities
  • 10.
    6 Ws ofCorporate Growth Know When Change management Pursing opportunity Fast company
  • 11.
    6 Ws ofCorporate Growth Know How Competing, innovating Organization, process Marketing, Selling
  • 12.
    6 Ws ofCorporate Growth Know Where Enterprise strategies Road mapping Marketing intelligence
  • 13.
    6 Ws ofCorporate Growth Know Who Enterprise strategies Road mapping Marketing intelligence
  • 14.
    6 Ws ofCorporate Growth Always remember 6 Ws What Why When How Where and Who .

Editor's Notes