To create exponential value it is imperative to first create an exponential mindset, which can lead us beyond those goal simply satisfying an incremental mindset. This focuses on “making something better” while the exponential mindset does something different: the exponential mindset is satisfied with a 5%-10% more, the exponential is out for 10X (cfr. Mark Boncheck – Shift Thinking)
Having a doctrine in your decision-making process generates alignment, coherence and confidence. Most managers are usually more focused in making decision than in empowering the decision-making process. Routine and habit to a certain way of working end up restraining your business…
In order to generate an exponential mindset it is fundamental to be open to possibility and change, necessary to create value for your business. This new mindset needs to become an integral part of your company culture.
Strategic coaching aims at encouraging managers in thinking in terms of vision and medium-long range goals when it comes to what a company want to be and to become. You have to plant seeds for a different “decision mindset”
New points of view foster the exponential mindset, which needs to be supported by creativity as well. Creativity enables you to find alternative routes (each alternative identifies a business model) to reach your desired goal, the so-called divergent thinking, always looking for the maximum value.
The different alternatives generated need to be evaluated, based on their values (profit, profit margin, etc…) and risks and measured through analysis to assess whether these models are reliable and realizable.
Lean Decision Quality® is simply a method which takes advantage of strategic coaching to generate an exponential mindset, of creativity to produce more alternatives and increase the value of the starting idea, and of analysis to evaluate their values.
If you want to create exponential value you need to rely on structured and proved processes, to create the right cultural environment and the necessary skills to seize any opportunity and create a new market.
