tag:blogger.com,1999:blog-7218216369142003434.post461001258730315894..comments2024-02-19T23:13:25.380-08:00Comments on Strategy With Purpose: PTV©- Our generation’s Sputnik Moment View - to tap the untapped opportunities?Charles Prabakarhttp://www.blogger.com/profile/15714461775981814360noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7218216369142003434.post-19077338743476769342011-02-16T10:22:14.363-08:002011-02-16T10:22:14.363-08:00Hello Charles,
It seems a worthy effort to bring ...Hello Charles,<br /><br />It seems a worthy effort to bring issues to you as they provoke you bto come up with outstanding responses. Yes, your point is well taken as in your diagram the entry point is dynamic and changes with the interest are the key determining factor.<br /><br />Surely, just to keep things consistent and to be perfectly honest with the reported literature, I would reorder the diagram to keep it aligned with the BSC.<br /><br />Your response added clarity to a very important post, Charles.ali ananihttps://www.blogger.com/profile/17948497521950629086noreply@blogger.comtag:blogger.com,1999:blog-7218216369142003434.post-76420646806360864302011-02-16T10:10:19.265-08:002011-02-16T10:10:19.265-08:00Hello Ali,Thanks for the follow-up comment as it s...Hello Ali,Thanks for the follow-up comment as it shows how meticulously our readers read our blogs. <br /><br />First of all, you are correct in terms of pointing out the order of perspectives within Kaplan/Norton’s original BSC design. Given the fact our PTV is being derived from BSC – I agree that it makes sense to keep the same order to maintain continuity and better readability.<br /><br />However, if I may, let us also point out the flexibility of PTV that we want to give the liberty for strategists to enter the radial cycle framework through multiple ways (even through the zigzag interconnected lines that are connected through the central fifth PTV perspective called PURPOSE. As a matter of fact, to put things in perspective (not BSC perspective!), let us remember that Market Based View (MBV) enters through Financials, whereas Resource Based View (RBV) enters through Growth/Learning. On the other hand Execution Based View (EBV) starts with Value Chain and Design Thinking View (DTV) starts with Customers.<br /><br />Given the fact PTV is a balanced/blended View, it has given us the flexibility to start in any one of those perspectives and navigate to others, because of the additional interconnected links we have created as part of PTV using the central PURPOSE perspective. In its essence, the whole motivation for PTV is to choose the right entry point depending upon the context and requirements of the problem we are trying to solve.<br /><br />Having said that- if interchanging Customer and Financial Perspective would resonate better with our readers (as we are readers/customer driven blog and so customer interest comes first!), I will be happy to interchange it in my next post, my as it does not change the crux of our message. Point very well taken!<br /><br />Regards,<br />CharlesCharles Prabakarhttps://www.blogger.com/profile/15714461775981814360noreply@blogger.comtag:blogger.com,1999:blog-7218216369142003434.post-77928679779985916592011-02-16T08:00:22.971-08:002011-02-16T08:00:22.971-08:00Hello Charles again,
It elapsed me to mention an ...Hello Charles again,<br /><br />It elapsed me to mention an important point. If you inspect the above diagram you see it resembles the balanced scorecard (BSC). at the same time it deviates from it. The Growth/Learning box is matching with the BSC.The next box you have is Value Chain as compared with internal processes in the BSC. Here your Value Chain covers internal processes and other values. The third and fourth boxes are the same as the BSC, but you have their order reversed. The BSC brings customers first and then profitability from these customers. In your diagram Customer comes last and after financial performance. Could you elaborate on this, please?ali ananihttps://www.blogger.com/profile/17948497521950629086noreply@blogger.comtag:blogger.com,1999:blog-7218216369142003434.post-24757308016520808052011-02-15T22:36:50.687-08:002011-02-15T22:36:50.687-08:00Hello Charles,
The flow of energy upon reading th...Hello Charles,<br /><br />The flow of energy upon reading this post is incredible. The metaphor has shed light brilliantly on your value model and the linkage to Einstein's Equation is incredibly witty.<br /><br />Honestly, this is a post for continued reading. The Similarity Map is worth pondering upon for hours.<br /><br />You have added too much meat to the bones and more than I can chew in one reading session.<br /><br />One word: Bravoali ananihttps://www.blogger.com/profile/17948497521950629086noreply@blogger.com