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What the World’s Smartest Companies do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO [email protected]

What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO [email protected]. Question:

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Page 1: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

What the World’s Smartest Companies do to Outthink Their Competitors

Jamie Turner Author | Speaker | CEO

[email protected]

Page 2: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Question: What do Walmart, Apple, and Chick-fil-A all have in common?

Page 3: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

They see the world differently.

Page 4: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Walmart revenues were $500.3

billion last year. That’s nearly twice as much as #2 on the Fortune 500

list (Exxon Mobil).

Page 5: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Chick-fil-A averages $4.4

million per location. That’s more than

McDonald’s, Starbucks, and

Subway combined.

Page 6: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Apple generates $6,280,303 per

employee. Most businesses

have about $100k to $200k in revenue

per employee.

Page 7: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

These companies aren’t just lucky. They simply use decision-making models to help

them plot their next steps.

Page 8: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

What is a decision-making model?• They simplify problems by only

including aspects that are relevant.

• They sum up issues by providing summaries of complex challenges.

• They’re visual, which allows them to convey concepts that are difficult to explain in words.

• But they don’t provide answers. Instead, they ask questions and allow the answers to emerge.

Page 9: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Source: The Decision Book

Decision-making models

How to Improve Myself

How to Understand Myself Better

How to Improve Others

How to Understand Others Better

Me

Others

Doing Thinking

Page 10: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

How to Improve Myself: The Project Portfolio Matrix

Ease/Flow

Struggle/Friction

Low Revenue

High Revenue

What are you doing that’s here:

X

What are you doing that’s here:

X

Page 11: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

How to Improve Myself: Meeting Expectations

Time

Expectation

Page 12: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Source: The Decision Book

Today’s Discussion

How to Understand Myself Better

How to Improve Others

How to Understand Others Better

Me

Others

Doing Thinking

How to Improve Myself

Page 13: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

How to Improve Others: Leading a Team

Creating Sustaining

Orientation

Why am I here?

Unresolved: Disorientation,

uncertainty, fear. Resolved:

Purpose, team identity,

membership.

Trust Building

Who are you?

Unresolved: Caution,

mistrust, facade. Resolved:

Mutual regard, forthrightness,

reliability.

Goal Clarification

What are we doing?

Unresolved: Apathy, skepticism,

irrelevant competition. Resolved:

Explicit assumptions, clear

goals, shared vision.

Commitment

How will we do it?

Unresolved: Dependence,

resistance. Resolved:

Assigned roles, allocated resource,

decisions made.

ImplementationWho does

what? When? Where?

Unresolved: Unresolved conflict/

confusion, nonalignment, missed

deadlines. Resolved:

Clear processes, alignment, discipline,

execution.

PerformanceSurpassing

expectations

Unresolved: Overload,

disharmony. Resolved:

Spontaneous interaction,

synergy, surpassing

results.

Renewal

Why continue?

Unresolved: Boredom, burn-out.

Resolved: Recognition and

celebration, change mastery, staying

power.

Source: The Decision Book, Five Dysfunctions of a Team

Page 14: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Time

How to Improve Others: Situational Leadership Model

More Leadership

It is important to adapt your style of leadership based on the situation at hand.

Less Leadership

Less Support

More Support

Instruct

CoachSupport

Delegate

The employee journey must

follow this path to completion. If not, it’s time to get a new employee.

Page 15: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Improving Others: Conflict Resolution Models

Emotional Reaction (Reacting)

Fight

NoFlight

Yes

Lose-Lose

Give Up

No

Win-Lose

Yes

Lose-Win

Yes

Rational Reaction (Acting)

Compromise

No

Yes

Lose-Lose

Win-Lose/Win-Lose

YesBuild a New Approach

Win-Win

No

Yes

EvadeNo

Page 16: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Source: The Decision Book

Today’s Discussion

How to Improve Myself

How to Understand Myself Better

How to Improve Others

How to Understand Others Better

Me

Others

Doing Thinking

Page 17: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Past Future Now Past Future Now Past Future Now

How to Improve Yourself: The Energy ModelQuestion for the group: How much of your time and energy do you spend thinking about the

past? How much in the here and now? How much in the future?

Page 18: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Title TextGlobal

Local

Team

Brain

ContentIndividual

Body

Format

Improve Yourself: Uffe Elbaek ModelOn a scale of one

to ten, decide how you see

yourself. Note: The sum of each

axis cannot exceed ten.

If you want to get a general

understanding of yourself and

others, Uffe Elbaek’s public

opinion barometer is a good starting

point. It reveals traits and

tendencies.

Now, with a different colored pen, mark on the

scale how you would like to see

yourself.

Page 19: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Source: The Decision Book

Today’s Discussion

How to Improve Myself

How to Understand Myself Better

How to Improve Others

How to Understand Others Better

Me

Others

Doing Thinking

Page 20: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Text

Understanding Others: The Aspiration Line

This is reality

This is the aspiration line

Question: What are people buying when they travel?

Page 21: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Understanding Others: The Ansoff Matrix

Page 22: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

It’s Time for a Quiz!

Page 23: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Text

QuizQ: Decision making models simplify problems, sum up issues, and are visual. But they don’t …

Q: In the Project Portfolio Matrix, when you are generating high revenue very easily, you are in a state of ….

Q: In the Conflict Resolution Models, the final Win-Win approach was to Build a …

Q: In order to map out where to go next, Amazon leverages the ________ Matrix.

provide answers; flow; new approach; Ansoff

Page 24: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Three Action Items for You

Page 25: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

• Unwritten Rules of Persuasion

• Thinking Strategically About Your Business

• Lunch • Digital Marketing Growth

Hacks • Why Your Brain Buys Stuff it

Doesn’t Need

Agenda

Page 26: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Email me for the slides

[email protected]

Page 27: What the World’s Smartest Companies do to Outthink Their … · do to Outthink Their Competitors Jamie Turner Author | Speaker | CEO Jamie.Turner@60SecondMarketer.com. Question:

Jamie Turner Author | Speaker | CEO

Jamie is an internationally recognized author, speaker and network TV news contributor who has helped The Coca-Cola Company, AT&T, CNN and other global brands tackle complex marketing problems. He is the CEO of SIXTY, a marketing consultancy and advisory firm that has worked with The Coca-Cola Company, Holiday Inn, SAP and others. He is also the CEO of 60SecondMarketer.com a business blog that is read by hundreds of thousands of executives around the globe.

Jamie is a regular guest on CNN and HLN on the topics of business, digital media and leadership. He is the co-author of How to Make Money with Social Media; Go Mobile; and Digital Marketing Growth Hacks.

Jamie has been profiled in the world’s best-selling marketing textbook and is an internationally recognized keynote speaker at trade shows, events and corporations around the globe.

In 2007, Jamie founded a non-profit that builds school rooms for impoverished children around the globe.

You can follow Jamie on social media and via his blog on the 60 Second Marketer.