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In Between the Covers
Big Think
Strategy A Look at the Key Thoughts from Big Think Strategy
How to Leverage Bold Ideas and Leave Small Thinking Behind
by Bernd H. Schmitt Boston: Harvard Business School Press. 2007.
article by: Randy Mayeux
Broad-Based Knowledge Consultant
Dallas, Texas
"Make no little plans.
They have no magic to stir men's blood
and probably will not themselves
be realized."
These are the words of Daniel Burnham, the Chicago architect who
envisioned the Chicago who could rise from the ashes after the infamous
fire of 1871. He was called America's preeminent architect at the end of
his century, and I thought of this famous quote while reading the book,
Big Think Strategy.
This book provides a creativity stimulus booster which can help you
think about where and how you need to think in Big Think ways by giving
tangible examples of Big Think - Dove Real Beauty, the iPod, Starbucks,
who created a whole new place for people to get together, and Ikea,
where people pay for furniture that they get to put together themselves
(who would have thought?!).
"Business leaders need creative and bold strategies to compete. Most
strategy books, however, present familiar tools for analysis and
planning that will never result in bold ideas that change markets." This
quote captures the challenge accepted by author Bernd H. Schmitt. He
gives a blueprint for how companies can think in big ways - with Big
Think Strategy.
It is clear that in a world of massive changes, Big Think is required.
Little, incremental Small Think won't cut it in a world of fast-paced,
challenging changes.
Following, you will find several key quotes and then a few of the key
points from the book. At the end, I will conclude with some of my own
observations.
Quotes from the Book:
"We really have a tough time thinking big." - Partner of a world-famous
consulting firm
Business leaders must free themselves of strategic planning processes
that yield incremental results. They must take a truly creative approach
to strategy development and execution.
The chief executives, department heads, and entrepreneurs with whom I
speak all say they need big and bold strategies to compete. They tell me
they want to think out of the box, develop disruptive strategies, and
execute in bold strokes that shake up markets. So, the leaders all want
to think big. Why don't they? Because their organizations are trapped in
a mode of small thinking that kills creativity right from the start.
Small Think is sticking with the status quo and the same old procedures,
planning tools, strategy maps, and research reports, even when they fail
to produce bold ideas.
Small Think is known territory.
Big Think does not just occur in the head. It involves action: managing
people and teams, and driving organizational change. It is not simply
creating something new; it is behaving differently.
Research and analysis may yield a valid diagnosis of the situation. But
the real strategic issue is how to develop new and bold ideas to address
the situation and how, then, to implement these bold ideas.
The Trojan horse was a brilliant strategy and brought Greek victory
overnight after ten years of Small Think stalemate. This was Big Think:
the Greeks knew that the Trojans loved their horses.
Data, spreadsheets, and analytical charts are mostly reactive tools that
illuminate the past. They cannot envision strategies directed inherently
toward the future. They are good for diagnosing problems, not for
creating big ideas and powerful solutions.
Standard strategic planning, which occurs at every level in the
organization, follows a predictable process and virtually shuts out big
thinking. Most executives censor their own ideas and do not even throw
their big ones into the strategy planning pot. Small Think prevails.
Without Big Think, strategic planning is limited. It lacks broader
meaning and purpose. Worse, it becomes an impediment to visionary
thinking; it preserves the status quo.
The toughest task of all: centering an organization on the core idea -
at the corporate, functional, and operational level.
Many organizations, like people, are used to certain ways of thinking,
certain ways of decision making, certain assumptions that are so
accepted that no one realizes that they are there - "This is how
business is done here."
Evaluating big ideas is, in part, like judging a suit, a drink, or a
work of art. A lot of evaluating is done on a gut level, and it should
be. Is the idea really big? Will it actually work? Make sure you
evaluate the ideas in that order.
Big Think breaks with tradition, changes markets, and shows real
leadership. Only really big ideas should be retained in the evaluation
process. Therefore, to keep the yardstick high, always start with the
big question.
Big Think execution is a sprint.
To execute a really bold project, you need a driven and passionate
project manager - somebody who will fully commit to the project and turn
it into a life mission. Team members must be invested with their minds
and hearts. I am not talking about buy-in here. Buy-in is a manipulative
command-and- control system, and everyone sees right through it.
Big Think execution requires that people perform with enthusiasm. We
need not motivate them, they motivate themselves. In other words, we
instill some sense of higher calling. People are devoted to the strategy
because they are able to "self-actualize," in a Maslowian sense, when
they execute the Big Think strategy.
You need quick wins early on. Quick wins are critical to buy time. They
create an aura of success. As every good fund-raiser knows, announce the
campaign only when you already have a substantial amount of money in
your pocket. Similarly, only announce your milestones once they are safe
bets.
Bold communications are part of creating a big splash.
If you are going to pursue Big Think, you must become a Big Thinky head
yourself - with fresh perspectives, a sense of possibility, and a little
bit of wackiness.
Small Think is despair - and we should leave it behind.
Socialize with people who are not part of your own work sphere on a
regular basis. Go for exceptional people and mingle within an
eclectic group. Artists, entrepreneurs, mountain climbers, video
game designers, inventors... Find out what makes them tick. Many big
thinkers, such as Wikipedia founder Jimmy Wales, have spent their
lives cultivating eclectic interests and moving around in diverse
circles.
The Key Concepts:
True breakthroughs require Big Think strategy and execution.
Small Think simply will not work.
Big Think versus Small Think
The Six Strategy Tasks of Big Think
1) Sourcing new ideas - new associations by connecting seemingly unrelated
concepts; must include customers in the idea-sourcing process
2) Evaluating ideas for their potential lasting impact and whether they will
change markets
3) Turning the ideas into a Big Think strategy - the four Big Think strategy
quadrants: organizational capabilities required, opportunities and challenges in
business networks, the customer value created by the strategy, and the role of
the market ecosystem in bringing it to life
4) Executing Big Think - you must attract your customers' attention through bold
communications
5) Leading Big Think - Big Think leaders do not just have a plan; they have an
agenda
6) Sustaining Big Think in the organization - not just one Big Think project,
but implant Big Think into the organizational tissue
"Big Thinky Heads" - Sustaining Big Think
1) Big Problems Need Big Thinky Heads - because they maintain the childlike
belief that any big problem can be solved
2) Organized Stimulation
3) Work/Play Balance - "play must happen within the context of work, not the
other way around"
4) Entrepreneurial Spirit
5) Organizational Silos: The Ultimate Evil
6) Interdisciplinary Mindset - Big Think strategies require knowledge of
different disciplines
Reflections and Observations:
In the book, Mr. Schmitt reminds us that big breakthroughs require big ideas -
Big Think thinking. And the more we think Big Think, the less we are imprisoned
by Small Think. It even frees up the imagination. (In a favorite aside, the book
states, "Paul McCartney reported that he first heard the tune for 'Yesterday' in
a dream.")
Most business books seem to warn against being too wedded to the status quo -
doing things the same way they have been done. It really is time to shake free
of such thinking. How do we set ourselves free? By giving ourselves permission
to, and then following the practice of "Big Think think."
How are you doing thinking big?
Randy Mayeux
is based in Dallas and speaks regularly for the Creative
Communication Network at the First Friday Book Synopsis. He
is available to make these presentations within companies. He also blogs
about business
books at:www.firstfridaybooksynopsis.com.
Many of his presentations, with audio and handouts, can be purchased
through
www.15minutebusinessbooks.com. Contact him at
r.mayeux@airmail.net.
© 2008 Avalion Consulting, LLC.
All rights reserved.
No copies may be made without prior written
permission of Avalion Consulting, LLC.
Dallas, TX 75207
214-751-2800
