Audible Strategy Beyond the Hockey Stick: People, Probabilities, and Big Moves to Beat the OddsAutor Chris Bradley –

Beat the odds with a bold strategyWeve all seen hockey stick business plans before A future where results sail confidently upward, but with a dip coinciding with next years budgets usually rely on their experience and business smarts to figure out which of those hockey sticks are real, and which are fake But all too often getting to a yes, competing for resources, and striving to claim credit, cloud the hard decisions Another strategy framework No thanks, we already have plenty of those, and they dont fix the real problem the social dynamics in your strategy roomMining the data from thousands of large companies, McKinsey Partners Chris Bradley, Martin Hirt and Sven Smit open the windows of that room, and bring an outside view They found three discrete groups of companies the bottom quintile with massive economic losses the long, flat, middlepercent with practically no economic profit and the toppercent to whom all the value accruesSome companies do achieve real hockey stick performance but justinjump from the middle tier to the top over a ten year period This does not happen by magicthere is an empirically backed science to improve your odds of success by capitalizing on your endowment, riding the right trends, and most importantly, making a few big movesTo make these big moves happen, youre going to have to break through inertia, gamesmanship and risk aversion Youre going to have to mitigate human biases and manage group dynamics Eight practical shifts can help you do this, and unlock bigger, bolder, better strategiesThis is not another by the book approach to strategy Its not another trudge through frameworks or small scale case studies promising a secret formula for success Its an irreverent, fact driven, and humorous take on the real world of strategic decision making