Foundstone Conversations

Foundstone Conversations

Welcome to Foundstone Conversations, where we chat with industry leaders to give you real-world insights on strategy. We are here to create a community for humans who want to see things differently.

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  • @m.fazlurrahman5854
    @m.fazlurrahman58542 ай бұрын

    Dad must be selling animal feed which has got patented ingredients unit with obviously a unique Vitamin that is hard to copy. Dad surely is a genius. Unless customers finds out “complimentary co-existing animals” feeding one another in a perpetual food-chain.

  • @joseluisreyes8282
    @joseluisreyes82822 ай бұрын

    Great interview and reflections. Especially relevant, the comparison between business and design schools. Congrats Roger!!!

  • @julesv2914
    @julesv29143 ай бұрын

    I’m probably thinking differently then the speaker on revenue forecasting but in my business like any business we have to forecast what we expect to make. With those projections we formulate our plans to support the increased demand. Without those exercises we would always be responding last minute to the success of our business. Because of direct response campaigns we are able to forecast pretty accurately what we will make.

  • @GwenythH
    @GwenythH3 ай бұрын

    I am learning about briefs in my classes right now. This was extremely helpful <3 thanks for posting

  • @foundstoneconversations
    @foundstoneconversations3 ай бұрын

    That's so great to hear! Glad it was helpful and insightful. If you are not already, we'd highly recommend you follow Mark on LinkedIn www.linkedin.com/in/markpollardstrategist or Instagram instagram.com/markpollard Look forward to hearing more about how your classes go!

  • @debbiecoleman1941
    @debbiecoleman19413 ай бұрын

    Forecasting comments making me a bit uncomfortable

  • @foundstoneconversations
    @foundstoneconversations3 ай бұрын

    That's a fair comment. I think Roger was just trying to make a very strong point that there is often too much time spent on trying to finesse and forecast numbers when this effort would be better spent out in the market and working on the 'how' of the strategy itself.

  • @THMN09
    @THMN093 ай бұрын

    To say revenue forecasting is a waste if time is dumb. Revenue forecasting is necessary for resource planning. If i don‘t have an estimate of what i might sell, then i don‘t know what resources i may need - should i just go ahead an build a big, new factory if i have no idea what i might produce there?

  • @foundstoneconversations
    @foundstoneconversations3 ай бұрын

    I think Roger was just highlighting the point that there is so much time wasted on revenue forecasting rather than working on the tough strategy decisions and market insights that should be occurring.

  • @CaronDusing
    @CaronDusing4 ай бұрын

    Love the 'well, Roger' stories!

  • @foundstoneconversations
    @foundstoneconversations3 ай бұрын

    Great to hear it was valuable!

  • @sarahbeee3
    @sarahbeee35 ай бұрын

    As someone who has dedicated her life to design strategy, this is one of the most compelling and clear argument for design education and practice - and why so much great design strategy is crushed under the weight of outdated business beliefs and practices. Thank you for this!

  • @foundstoneconversations
    @foundstoneconversations4 ай бұрын

    That's wonderful to hear it was so valuable Sarah!

  • @jordankennedy9074
    @jordankennedy90746 ай бұрын

    🌺 "Promosm"

  • @kerrygearin3910
    @kerrygearin39107 ай бұрын

    “Revenue forecasting is the moral equivalent to giving a pacifier to a crying baby” 😂😎💎 Thank you soooo much. I was wondering how I’m expected to forecast even pre-launch!

  • @foundstoneconversations
    @foundstoneconversations6 ай бұрын

    Glad it was helpful :)

  • @sirisaksirisak6981
    @sirisaksirisak69817 ай бұрын

    In play game strategy must change plan to win game. If no completer strategy is needn't.

  • @foundstoneconversations
    @foundstoneconversations3 ай бұрын

    Hope the conversation was helpful

  • @bondniko
    @bondniko7 ай бұрын

    Be more specific on what you mean by "do not waste time on revenue forecasting", please.

  • @foundstoneconversations
    @foundstoneconversations3 ай бұрын

    I think Roger was just highlighting the point that there is often so much time wasted on revenue forecasting that distracts people away from the real strategy work that needs to be done.

  • @bayou__
    @bayou__8 ай бұрын

    Thanks Prof Roger Martin, and the host

  • @foundstoneconversations
    @foundstoneconversations8 ай бұрын

    Glad that it was helpful! It was a great conversation

  • @gerlindechristina238
    @gerlindechristina23810 ай бұрын

    Love the 'well, Roger' stories😊!

  • @foundstoneconversations
    @foundstoneconversations3 ай бұрын

    Glad to hear it was valuable!

  • @iamvonKohl
    @iamvonKohl Жыл бұрын

    Great stuff. Thanks for sharing.

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    No problems Peter, glad it was helpful !

  • @theanalyzingpro
    @theanalyzingpro Жыл бұрын

    Experience is talking in this interview!!

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    Glad it was helpful!

  • @jon7222
    @jon7222 Жыл бұрын

    The whole strategist vs execution monkey conversation is because people falsely believe in the one true helmsman fallacy of leadership. If the C-Suite isn't the ultimate decision maker entirely responsible for the success of the company, then why do they get paid so far beyond everyone else in the company? Roger's arguing in the face of the old adage, "it's difficult to get a man to understand something when his job depends on his not understanding it". Their wealth is a direct result of the lie that they are the ones making the company work, will the rest of the salt miners down in the trenches just work away stupidly, executing their vision. It's a carry over from Fredrick Taylor's completely psychotic view of people as machines.

  • @foundstoneconversations
    @foundstoneconversations3 ай бұрын

    Thanks for sharing your perspective

  • @sanjeevthakur6435
    @sanjeevthakur6435 Жыл бұрын

    It is good learning, but how many companies are willing to take risk execution of Strategy rather than plan. Regarding planning future based on past data is being implemented in all the business spears and success is also measured based on past records.

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    Glad it was helpful Sanjeev, thanks for sharing your perspective. The theme of the conversation was to make sure real (and tough) strategy choices are made upfront before planning. Roger brings an alternative view to not just focus on data (which is historical) as the default but to also go out and get your own unique insights that will help you make strategy decisions.

  • @user-jp7ni5xv1r
    @user-jp7ni5xv1r Жыл бұрын

    @@foundstoneconversations absolutely. I believe data is important to help shorten the odds but thats it - strategy is all about making choices for the future and trying to de-risk by shortening the odds. but ultimately you cannot prove it will work - 100% of data is always going to be in the past, even if it was collected 1m ago. So the best you can is to test using abductive logic and some sample data from the market - to tease out whether what you are working towards will build a compelling vision and value proposition that the customer will buy into, and pay for with the currency (time, money, attention etc).

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    @@user-jp7ni5xv1r Thanks for sharing your perspective on this

  • @Tom6567my
    @Tom6567my3 ай бұрын

    A company needs both plan and strategy. It's not a matter of either or.

  • @134679258qwe
    @134679258qwe Жыл бұрын

    fantastic conversation.

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    Glad it was helpful Julian!

  • @caistraam
    @caistraam Жыл бұрын

    @@foundstoneconversations 😮😮😮😮😮😮

  • @donpatricklau
    @donpatricklau Жыл бұрын

    Thank you for teaching me

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    Glad you found it helpful!

  • @marcf6092
    @marcf6092 Жыл бұрын

    🤗 『p』『r』『o』『m』『o』『s』『m』

  • @MatemaImakumbili
    @MatemaImakumbili Жыл бұрын

    I enjoyed the discussion. I learnt a lot; it was practical. Thank you

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    Glad you found it valuable! Thanks for watching

  • @ksoonsoon
    @ksoonsoon Жыл бұрын

    Terrific video. Thanks

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    Thanks! Glad you enjoyed it

  • @noobiesgarage1830
    @noobiesgarage1830 Жыл бұрын

    Great articulation of Strategy vs plan!

  • @foundstoneconversations
    @foundstoneconversations Жыл бұрын

    Thanks! Great to hear it was valuable. Roger is one of the best.

  • @creative-and-code
    @creative-and-code Жыл бұрын

    Never skip. Get it done.

  • @leonamarano9350
    @leonamarano93502 жыл бұрын

    I bought a 6 piece Valencia Suite after for our holiday home never in weather after 2 years it is falling apart and I have read other reviews same thing happening the chairs the table and the arms of the chairs..your wicker furniture is inferior. BBQ Galore would not help out of warranty.

  • @brado9232
    @brado92322 жыл бұрын

    Hi! Keep making great content. Have you ever thought of using Promosm to help grow your channel?!