During strategy execution, in telling your story, you often have to provide snapshots:
- A portfolio readout is a photograph. It will change quickly as the organization adapts and evolves. New work is introduced, old work is de-prioritized, so if you want to know the latest status, you have to collect it and present it. In dynamic environments, its probably obsolete the moment it is presented, but a snapshot is probably the only way to present this info.
- Graphs showing market share is another example of a 'snapshot'.
- A strategy planning session to understand how the organization will gain a competitive advantage requires a description of a flow of events. A non-linear explanation has to be provided for how the environment, regulation, competition, supply-chain, innovation etc. interact to create opportunities and threats. Given the dizzying complexity of the pieces, its easy to see how movie-like storytelling is critical to convey the key points.
- Describing scenarios to understand investment options also are best told as stories. These are the '-if-then' scenarios that take the myriad options and play out the critical few for the audience to understand, adopt and fund.
In telling your story during strategy execution, be careful to understand whether the story is better told using a photograph or a movie. Movies are more 'interesting' but more expensive. Photographs may be less 'dynamic' but if composed well, they can get the point across very quickly.
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