The Sleeping Barber - A Business and Marketing Podcast

SBP 003: Strategy, shareholder value and Galaxy Quest, with Roger Martin

Mar 17, 2022

Renowned strategic advisor and author, Roger Martin, discusses strategy, shareholder value, SWOT analysis, short-termism in decision-making, and challenging established business models. They also explore the importance of understanding the system, making the world a better place, and the role of anomalies in scientific revolutions.

01:19:54

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Episode guests

Roger Martin

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Episode notes

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Quick takeaways

A relentless focus on the customer and delivering value is key to long-term success in business.

Data analysis alone is insufficient for predicting the future of business; imagination and hypotheses are crucial for strategic thinking.

Challenging conventional theories and embracing new ideas and approaches can lead to innovation and long-term growth.

Deep dives

Importance of Customer Focus

Analyzing the past and focusing solely on shareholder value maximization can lead to short-termism. The key is to have a relentless focus on the customer and prioritize delivering value to them.

Introduction

3min

Understanding the System and Making the World a Better Place

17min

Short-Termism in Decision-Making

27min

The Limitations of SWOT Analysis in Strategy

9min

Challenging the practice of giving guidance and changing established models in business education

5min

Anomalies and Scientific Revolutions

12min

Reflections on the Conversation

6min

Considered by many the modern-day Peter Druker of our generation, we welcome to the show strategic advisor, Roger Martin. Author of twelve books and frequent writer for HBR, we were happy to pick his brain on strategy, shareholder value and even discuss SWOT. This is an episode you cannot miss. Also, don't forget to stick around till the end when we discuss our key takeaways.

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