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We are back from the Inbound 2017 conference sponsored by Hubspot.

Last week’s Inbound conference was intense and productive. For a quick summary of the week, here are quotes pulled from across most of the Inbound 2017 keynotes and breakout presentations I attended.

Creative Thinking Skills

“It is easier to correct errors than to try to prevent them all.” – Ed Catmull of Pixar

“Every picture you’ve ever loved from Pixar sucked for a year.” – Brené Brown on hurdles that stand between an idea and celebrated creativity

“We didn’t like the media landscape, so we changed it. Don’t fight the systems that exist, create new ones.” – Piera Gelardi of Refinery29 on unabashedly reinventing monoliths that don’t suit you

“What seems ordinary to you may be extraordinary to others.” – Kareem Taylor of Headnod Music on the reason you need to stop that inner voice saying, “You’re not special.”

Growth

“Your network is who knows you, not who you know.” – Emcee Mark Jeffries explaining why everyone seems to want to be a star

“Companies are more likely to die from overeating than starvation.” – Hubspot Co-Founder Brian Halligan relating advice from a board member advocating for starting fewer things

“Always test the assumptions you are making about your audience. The goal is results, not guessing.” – Garrett Moon of CoSchedule with an important reminder for freewheeling startup types

“What do people do before they reach out to you?” – Matthew Barby of Hubspot offering a suggestion for attracting your prospects EARLY in the buying process

Branding

“What story will you tell about your brand?” – George Thomas of Sales Lion 

“Listen to your audience’s exact words, write them down, and then test them. Bucket them into dreams, pains, and barriers.” – Scott Tousley of Hubspot with a powerful suggestion for outside-in language

Leadership

“If you’re going to lead, you have to lead with grace.” – Former First Lady Michelle Obama telling it like it is

“Stop doing stupid shit.” – Leslie Ye of Hubspot with the “duh” QOTD

Marketing Chops

If you’re going to do video, you “need to think like a film editor.” – Salma Jafri pointing out a critical step all video must go through to fit a specific social platform

Today, you need marketers with “broad experience and the ability to go deep in a few areas. You need a Jack or Jill of all trades, and a master of some.” – Stefanie Grieser of Unbounce with hiring advice – Mike Brown

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Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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“Inside the Executive Suite” from Armada Corporate Intelligence  featured an article this week with strategic planning questions based on Amazon. Inspired by an article in The Wall Street Journal by professor Scott Galloway, they lay out five strategic imperatives Amazon uses to disrupt markets and grow. For each strategic imperative, they suggest strategic planning questions to adopt an Amazon-like perspective in devising a company’s strategy:

Bringing Amazon-Based Strategic Planning Questions into Your Planning (via Inside the Executive Suite)

Saturday’s Wall Street Journal featured an article by Scott Galloway, marketing professor at the NYU Stern School of Business, and author of The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google. Galloway shares market dynamics, the DNA behind Amazon’s success strategy, and his view that Amazon (of the four companies) is positioned for a scenario where it “takes over the world.”

Via Shutterstock

We participated in conferences and client discussions recently where Amazon and its aspirations were an overwhelming focus. Wherever players in retail, consumer goods, transportation and logistics, and technology (among other industries) are grappling with uncertainty, Amazon is part of the conversation.

The Amazon Strategy DNA

Working from Galloway’s analysis, let’s look at how to incorporate a strain of the Amazon strategic success DNA into your own strategy development.  For several imperatives Amazon pursues, we extract questions you can use to frame explorations at your own organization.

#1 – Strategic Imperative: Pursue the market’s “most enduring wants”

Amazon Approach: According to Galloway, Amazon CEO Jeff Bezos remains strongly focused on putting money into addressing the “most enduring consumer wants – price, convenience, and selection.”

For Your Organization:

Amid uncertainty, there’s tremendous benefit in focusing investment and market penetration initiatives on the enduring wants among your customers and prospects. Does your organization know the enduring wants in your market for the foreseeable future? How are they strongly shaping and prioritizing your business strategy decisions?

Ideally, your organization can go beyond speculation in answering the first question, using a history of quantitative data on what drives customer decisions. Our experience has demonstrated that having a statistically-projectable view of customer behaviors is strategically beneficial. If that is unavailable to your team, explore the most permanent and behavior-driving structural market dynamics. Regulations, resource limitations, and other factors can all play a part in making some decision customer factors more lasting into the future.

#2 – Strategic Imperative: Target narrow, disproportionately profitable niches to dominate

Amazon Approach: While Google leads in overall search market share, Amazon is the major player in product search. Searching for products is the more lucrative market, putting Amazon in a prime position to dominate a profitable segment Google’s core market.

For Your Organization:

Talking with executives about focusing on specific markets or niches frequently reveals a sense that targeting implies giving something up, rather than gaining. Surrendering bigger market size for greater profitability, however, is typically a winning move if you understand:

  • The profit mix within your business by product, service, and segment
  • The extent to which profitability is linked within areas of your business (vs. having generally discrete cost bases and pricing strategies in separate business lines)
  • The way the profitability mix in your organization parallels (or doesn’t) profitability in the broader market

Answering these questions is integral to identifying profitable opportunities and trying to over-penetrate lucrative market segments your brand can own definitively.

#3 – Strategic Imperative: Leapfrog on what’s next or what’s after what’s next

Amazon Approach: The 700 million Apple iPhone users give it the number one position in the voice-controlled market through the Siri app. The next largest (and emerging segment) is voice-driven home computing. There, through Echo, Amazon leads with a 70% share.

For Your Organization:

It is typically easier to successfully anticipate incremental innovation than innovation targeted two leapfrogs ahead. Forsaking near-term innovation for leapfrogs will entail significant failures. One conference presenter this summer shared the sizable list of Amazon innovation failures. While the brand has developed formidable successes, it’s investing in and walking away from leapfrog innovations that aren’t panning out as hoped.

Questions to ask in your planning include:

  • Where do we target innovation strategy exploration: making incremental improvements to what you do today, to what will be next in the marketplace, or toward the market(s) after that?
  • How much effort do we put into anticipating market developments five and 10 years from now?
  • Who are our leapfrog innovators?
  • What innovations are we exploring that can be potential leapfrogs?

Push to integrate a leapfrog element into your strategy, if it needs more innovation.

#4 – Strategic Imperative: Take your critical capabilities to market

Amazon Approach: Amazon Web Services (AWS) is the number-one player in the computer industry’s fastest-growing segment: cloud computing and storage. The genesis of AWS sprang from Amazon’s internal computing capabilities as it powered its multi-faceted online offerings.

For Your Organization:

As you focus on selling what you offer, there may be supporting capabilities within your organization that could deliver value and growth if companies outside your own could purchase them. If your leadership team hasn’t explored this possibility, it makes sense to do so periodically:

  • What core competencies allow us to deliver the best product or service we can?
  • Among these competencies, which ones are important to your competitors?
  • Which of our top competencies are sought after by companies beyond our competitive set?

If you can identify market-caliber capabilities, they can provide strong spin-off business opportunities.

#5 – Strategic Imperative: Sell-in and stick with your differentiation story

Amazon Approach: Jeff Bezos has made the case to the financial markets that vision and growth are as valuable as, if not more valuable than, near-term profitability. The financial flexibility this provides allows Amazon to play a more disruptive role.

For Your Organization: Executives love to guffaw at messaging as so much business fluff, but Bezos’ big vision and messaging are integral aspects of the company’s success.

Does your organization have a big, consistent differentiation message that ties directly into your business strategy? If not, it deserves time on your strategic planning agenda for 2018.

Picking What Makes Sense for Your Organization

You won’t hear us advocating a strategy just because another organization is pursuing it, and that’s not what we’re doing here. What we do suggest is identifying one or two areas to explore for your organization’s strategy: either what it is today, or what it should be fur the future. In those cases, go to school on Amazon and explore what a comparable approach means for your organization’s future. – via Inside the Executive Suite

What’s Your Implementation Strategy for Uncertain Times?

Things aren’t getting saner and more calm. Are you ready to pursue an implementation strategy that works in uncharted waters?

The Brainzooming eBook 4 Strategies for Implementing in Uncertain Times will help you examine your strategy foundation, insights, profitability drivers, and decision making processes when few things ahead are clear. We share suggestions on:

  • Using your organization’s core purpose to shape decisions when things are changing
  • Reaching out to employees with valuable insights into what to watch out for and what to expect
  • Sharpening your command of cost and profit levers in your organization
  • Implementing processes to focus and sharpen decision making

4 Strategies for Implementing in Uncertain Times is a FREE, quick read that will pay dividends for you today and in the uncertain times ahead.
Download Your FREE eBook! 4 Strategies for Implementing in Uncertain Times



Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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I found this article recently. It was written back in my corporate days during the blog’s first year (June 27, 2008). Honestly, I’d forgotten about it. A search on the Brainzooming blog to track down content for an updated strategic thinking presentation uncovered it. Reading “9 Ways to Understand the Political Fray and Stay the Hell Out of It” after all these years, it may be the most beneficial article we’ve ever run. That’s even with thousands of articles since its original publication. It serves as the foundation for nearly all our content, making it worth a republish and sharing it with all of you that never saw it originally.

9 Ways to Understand the Political Fray and Stay the Hell Out of It

Via Shutterstock

The title is from a leadership presentation that I do. It’s how I’ve tried to live my life in business, organizations, and relationships. I’d never specifically articulated what “understanding the political fray” means though until a good friend said recently that she’s just not politically savvy. Here are eight general principles I shared for being attuned to an organization’s political environment.

  • Understand the organization’s long-term needs.Use your strengths to best address those needs and create results.
  • Know “what” drives the business– which revenue streams and cost centers really matter.
  • Translate that into “who” drives the business. Then figure out where you stand now relative to the “what” and the “who,” and where you want to stand relative to both in the future.
  • Figure out the organization’s tolerance for variation from the norm in the areas (important and unfortunately, trivial) on which people judge people. Know what the expectation is for fitting a certain type and make very conscious decisions about where you’ll play along (i.e., “fit”), and where you’ll make your stand for being different.
  • Consistently and unequivocally deliver value. Do it for lots of people at all levels of the company – above you, with peers, and at lower levels of the organization.
  • Make sure you’re seen as someone people can talk to and confide in Ask open-ended questions, listen, provide a little bit of sound counsel, and keep confidences. You’ll help others and learn a lot.
  • Always know who you can trust. Challenging issues and situations are great tests of this. The people who support you and / or have your back during the intense times are the people that you should go out of your way to invest in generously.
  • Don’t stop thinking, and don’t say everything you think.
  • Cultivate as many personal options as possible, and know how realistically they can come to fruition.

All these ways to understand the political fray and stay the hell out of it still all stand up for me, and I hope they benefit you!  – Mike Brown

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Our free “Big Strategy Statements” eBook lays out an approach to collaboratively develop smart, strategic directions that improve results!


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Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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The Hubspot Inbound conference is coming up at the end of September. Based on last year’s attendance at the Hubspot Inbound conference, I’m guessing there may be 20,000 or more people this year.  That’s more people than where I grew up in Hays, KS. That’s why I call Inbound, and other conferences drawing tens of thousands of people, small-town business conferences. At those sizes, conference organizers are essentially creating a small town, focused on education, sales, marketing, networking, entertainment, recreation, and a variety of other activities concentrated into several days.

Developing a Small-Town Business Conference Plan

While an event of this size poses massive logistical and infrastructure challenges for organizers, it also provides opportunities and challenges for attendees who want to maximize their experiences. The typical rules do not apply at a small-town business conference. Here are strategies to maximize learning and impact from an event of this magnitude.

Do Homework and Scope Out the Business Conference Location

You would not move to a new town without learning about it first. The same holds for a small-town conference. As soon as possible, find out the titles, descriptions, speakers, and locations for all educational and learning opportunities. Prioritize where you think you’ll get the best learning, categorizing all the possibilities as “Must Attend,” “Good to Attend,” “Interesting,” and “Don’t Attend.” This lets you quickly narrow your top potential sessions. On the second pass, their proximity to each other and meetings you want to have can help you decide what your first choices are. Keep this list handy onsite in case something is canceled or a session proves not to be valuable.

Once you’re onsite, take advantage of early downtime and walk the conference center and other venues. How close are they? How quickly will you have to navigate the event (and the crowds) to get to all the sessions you want to attend? Are there certain seating spots that are better than others and more conducive to your learning style? For example, are you a handwritten note taker, tablet user, or something else – where having or not having a table to work on could make a difference?

Travel Light and Stay Highly Mobile

The sheer size of this type of business conference demands they be spread over a footprint equal to many city blocks. That means good mobility is an important asset to getting the most out of the business conference. Only you know what maximizes your own mobility, but these tips will likely help:

  • Travel with as few things as possible
    Many people want to have many things with them, including a backpack, briefcase, or purse. The more stuff you have with you, the more cumbersome it is to both get around and to find places to sit or stand at sessions. Pare down what you actually bring to the conference to only the essentials.
  • Stay as close as possible to the conference center
    This helps you avoid waiting for the conference bus/transportation system. You can also much more easily bounce back and forth to your room for calls or catching up on work.
  • Position yourself to move quickly
    Part of this is scoping out the venue and knowing short cuts, back ways, and pathways most people never go. Sit in sessions near open doors so you can get out before the crowd starts moving. This might seem a bit obsessive, but the less time you can spend waiting, the more time you have for networking (although you can use the time spent waiting in lines as networking opportunities, too).
  • Move up and fill all available space
    This advice comes from a sign at Disneyworld years ago. Crowds often bog down and move slowly. If there are open spaces, test your ability and the cultural willingness for moving along the side of the crowd to improve your position in line.
  • Take care of your feet and legs
    Make sure you have great walking shoes that allow you to move quickly and deliver maximum comfort. Compression socks can provide extra comfort when you are on your feet, on the move, and easily clocking eight or nine thousand steps simply moving between sessions.

Shift Where, When, and How You Do Things

To avoid lines and unnecessary waiting, shift where, when, and how you do things throughout the event. Knowing where everything is, when things are available, and having inventive ways to accomplish them are all valuable. Using all these to put you just slightly off routine with the crowd allows you to get so much more done.

  • Create teams and assign tasks
    Coordinate with co-workers or friends (including friends you’ve just made at the event) to split up roles. Send one person to grab food and another to get drinks when lines are long. Split up sessions and pool your notes.
  • Know where the infrastructure is and use it earlier
    Avoid waiting in lines unnecessarily by arriving early. Swing by breakfast, lunch, and dinner venues as early as possible before crowds arrive. Pick things you can eat while you move since you are traveling light with free hands. Visit the power outlets and charging stations that are off the beaten path to keep phones and tablets going all day.

What to do with all your time?

With the extra time these tips provide, you can maximize networking, staying up on the work you need to do, and maybe even look around the city in which your small-town business conference is located! – Mike Brown

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Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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We just created twenty-five year roadmaps for a client’s strategic planning process in two hours and forty-five minutes. Start to finish, UNDER THREE HOURS.

When we say our brand promise revolves around getting brains zooming, we’re totally serious.

How do we eliminate so much time from typical strategic planning process approaches?

11 Ways to Speed Up Your Strategic Planning Process

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Here are eleven things we do differently to speed up developing strategy:

  1. We design the strategic planning process to fit your organization and team – not the other way around.
  2. We eliminate unnecessary parts of developing strategy and do away with all the complex templates to complete.
  3. We’ll use highly productive strategic and creative thinking exercises.
  4. We’ve done this hundreds of times, so we know how to adapt our strategic planning methodology so it’s highly efficient for you.
  5. We surround your team with strategic thinking exercises and structure so even inexperienced people will succeed at strategic planning.
  6. We employ online surveys and online collaboration tools to minimize the need for your team to travel and spend time in big meetings.
  7. We bring the fun to strategic planning, so the time will zoom by more quickly than you can ever imagine.
  8. Our collaborative strategic planning approach gets more people participating concurrently, increasing the planning pace.
  9. We know which corners to cut and which ones we can’t move past until we figure things out.
  10. We listen to every conversation and capture bits and pieces of interaction that fit your plan.
  11. We don’t like spending any more time than you do on strategic planning, so we’re always working to streamline it.

Put it all together, and that’s how to speed up developing strategy.

Download Your FREE eBook! Right Now! 29 Ideas to Speed Up Strategic Planning

Contact us right now so we can work together to speed up developing strategy for your organization, allowing you to move into implementation faster than ever with a better plan than you had this year! – Mike Brown

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Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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You’ll never guess what I’ll be doing during my rare free time the next few months.

Serving on a strategy planning team for an organization where I am a member! (See busman’s holiday.)

I’m part of one of ten small teams within a seventy-plus-person volunteer group developing a multi-faceted strategic plan. An external consultant is leading the process along with the organization’s top leaders. Our first meeting was last week. Reflecting on it the next morning, something struck me: this is the first time I’ve participated in someone else’s strategic planning process in over a decade. That means it’s perfect for:

Since we were promised an “easy, five-step strategy planning process” extending through early December, the timing overlaps many of you conducting your own strategic planning process cycles.

5 Reactions to Someone Else’s Strategic Planning Process

Here are early reactions relative to how we’d facilitate a collaborative strategic planning process at The Brainzooming Group.

Via Shutterstock

What Worked?

  • Engaging a Big Group of Participants – It’s fantastic to reach out to seventy volunteers to participate in strategy planning. The final plan can’t help but benefit from so many different perspectives.
  • Using Humor to Make Strategy Planning More Fun – The facilitator was funny, conveying humor both through his comments and slides. Plus, he took the required shots at strategic planning as a discipline to put participants at ease.

What Didn’t Work?

  • Providing a Template to Inexperienced Strategic Planners without Structure –Typical of most strategic planning processes, the facilitator showed us a three-column template to complete for a meeting next month. Each team is on its own to fill out the template. Other than defining the template’s three column headings, no one provided any structure or strategic thinking questions to help the ten teams effectively do their best work.
  • Not Incorporating Previous Strategy Planning Experiences to Make the Process Smarter and Easier – The facilitator works for a local organization that does this type of plan for related organizations. Each organization deals with many of the same issues, yet the strategic planning facilitator didn’t provide any frameworks or exercises to better address these issues. That’s where we’d want to speed up the process by eliminating redundant steps.
  • Leaving People to Gather Information Completely on their Own – For many of the areas in the strategic planning process, there are reference sources and experts pertinent to our organization’s priorities. Yet, the facilitator didn’t offer any materials beyond suggesting some people to call. Honestly, this omission creates a huge time waster for volunteers surrendering their off-hours to participate.

What’s Next

It will be interesting to see how rapidly and successfully our team and others move the planning ahead toward our mid-October deliverable.

Looking back, there were no major surprises among the things that didn’t work. Those are all fundamental strategic planning process shortfalls. The Brainzooming Group works hard to eliminate these.

If you’re thinking about how you can avoid these and other gaps in your own strategic planning process, contact us at The Brainzooming Group. Let’s chat about how to streamline your strategic planning this year in dramatic, results-oriented ways. – Mike Brown

 

fun-ideas-strategic-planning11 Ideas to Make a Strategic Planning Process More Fun!

Yes, strategic planning can be fun . . . if you know the right ways to liven it up while still developing solid strategies! If you’re intrigued by the possibilities, download our FREE eBook, “11 Fun Ideas for Strategic Planning.”

Download Your FREE eBook! 11 Fun Ideas for Strategic Planning

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Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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Ask most business executives about strategy, and they don’t spit out well-articulated strategy statements.

Instead, executives talk about customers or growth or cost cutting or new markets or a whole variety of other areas that can contribute to business success.

That realization was a breakthrough in how we would create a strategy development exercise back when I ran strategic planning for a Fortune 500 corporation.

The consultants we worked with to help us develop our first big strategic marketing plan back in 1997, didn’t provide productive structure to help us. To them, a strategy development exercise involved PowerPoint slides with boxes and grids to complete. It was about fully-formed answers with no real support to help business and marketing managers do the strategic thinking to develop their strategies. The process was difficult, slow, and only worked because the consultant staffed the engagement with a bunch of MBAs that did the work for our people. They billed high-dollar hours like crazy, turning a single strategic planning initiative into a seven-figure annual engagement.

Over time and hundreds of strategy development workshops, we changed all that.

The Secret to Making a Strategy Development Exercise Faster and Easier

We streamlined strategy by giving our own people a strategic planning structure allowing them to showcase their experiences, knowledge, and perspectives. We sped up the process by assembling a multi-functional team that together had many more great ideas than a single marketing manager. We time-constrained strategic planning so that we spent less time on non-productive speeches and information sharing, instead focusing on productive strategic conversations.

And importantly, when we developed a new strategy development exercise, we actively used creative thinking techniques to help them very naturally think about typical strategy issues in very different ways.

This fundamental change in planning happened over a ten-year period. The Brainzooming strategic planning process was the result.

Brainzooming is all about streamlining strategic planning, making the process engaging, and the outcome actionable.

Sound like the formula your organization needs? If so, contact us, and let’s talk about the possibilities for develop faster, more successful business strategy at your organization! – Mike Brown

 

fun-ideas-strategic-planning11 Ideas to Make Planning Strategy More Fun!

Yes, strategic planning can be fun . . . if you know the right ways to liven it up while still developing solid strategies! If you’re intrigued by the possibilities, download our FREE eBook, “11 Fun Ideas for Strategic Planning.”

Download Your FREE eBook! 11 Fun Ideas for Strategic Planning

Enjoy this article? Subscribe to the free Brainzooming blog email updates.

Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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