The theme of "Playing to Win: How Strategy Really Works" is highly relevant to contemporary business issues. The book emphasizes the importance of having a clear, winning strategy in business. It suggests that businesses should not just play the game, but play to win. This involves setting high standards, empowering individual business units, and focusing on strategic decisions that lead to success. In the context of contemporary business issues, this could relate to navigating the digital transformation, managing remote workforces, or innovating in response to changing consumer behaviors. The book's theme encourages businesses to be proactive and strategic in addressing these challenges, rather than simply reacting to them.

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Playing to Win: How Strategy Really Works

Are you playing the game or are you playing to win? Develop a winning strategy for your organization with a recipe for success from former Procter & G...

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Empowering individual business units to set their own winning aspirations can transform all aspects of an organization, even units that don't sell externally. For example, P&G created an internal entity called "Global Business Services" that provided services like information technology support, facilities management, and employee services to P&G business units worldwide. The business model was financially healthy, but P&G leaders focused on winning had a higher standard for GBS.

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A startup can use the strategy of setting their own winning aspirations to grow by empowering individual business units to set their own goals and aspirations. This can transform all aspects of an organization, even units that don't sell externally. For example, an internal entity could be created that provides services like information technology support, facilities management, and employee services to the business units. This business model can be financially healthy, but leaders focused on winning should have a higher standard.

The idea of creating internal entities like Global Business Services can be implemented in real-world business scenarios by identifying the services that are common across different business units and centralizing them. This could include services like IT support, facilities management, and employee services. The entity should operate with a clear business model and aim to provide high-quality services to the other business units. It should also have its own winning aspirations and strategy, just like any other business unit. This approach can lead to cost savings, increased efficiency, and improved service quality.

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