Page 191 - Successful Onboarding
P. 191

“Limited Upside in Flying Blind”: Driving Strategic Insight • 175


        Kevan Scholes, and Richard Whittington in their textbook  Exploring
        Corporate Strategy: “Strategy is the direction and scope of an organization
        over the long term, which achieves advantage in a changing environment
        through its configuration of resources and competencies with the aim of
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        fulfilling stakeholder expectations.” Working with this definition a bit, we
        believe that firms should communicate two basic points about their strat-
        egy to new hires as part of onboarding: The firm’s “win plan” for succeed-
        ing in its markets, and the “operating conditions.” This win plan should
        include information about the intended direction and scope of the organ-
        ization as well as the advantages these yield relative to stakeholder expec-
        tations. The “operating conditions” that feed into the strategy refers
        specifically to information about the firm’s markets and competitors (the
        environment) and its suppliers (resources and competencies). For each of
        these two broad areas (“win plan” and “operating conditions”), the point is
        to convey necessary information rather than engage new hires in an
        extended process of analyzing, critiquing, or forming the firm’s strategy.
        This information needs to be conveyed as it applies at the corporate, busi-
        ness unit, functional and task levels (a configuration mirroring Mark’s daily
        Häagen-Dazs delivery report).
           Talking about the “win plan” means alerting new hires to the organiza-
        tion’s targets or desired outcomes—goals such as increasing market share,
        profit margin, and the like. It also means talking about how the organiza-
        tion hopes to achieve these goals. A medical device company might discuss
        as its win plan getting more customer share by increasing the size of the
        sales force so that the firm can spend twice as much time with doctors as
        the leading competitor. An alternate win plan might involve spending twice
        as much as the leading competitor on R&D to develop a technically
        advanced product. Another win plan might focus on outspending the com-
        petition on clinical trials to create superior proof points on product
        performance. Still another win plan might involve outspending in a direct-
        to-consumer marketing campaign designed to create end-patient demand
        for the product segment and product brand. These are four different strate-
        gies for increasing revenue and ultimately share. If you came onboard as a
        new hire who followed the first strategy, and your old firm had been fol-
        lowing the second, then you’d probably find the tactics of your new
        employer confusing and even misguided unless someone at your new
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