Play-to-Win Strategy Canvas
The Play-to-Win Strategy Canvas is a tool to facilitate strategic choice-making with small teams
According to Matthew May the first thing you’ll notice in the canvas is that strategy-making is divided in three big steps:
- Choose (strategic choices using the Play-to-Win framework)
- Reverse Engineer (what must true for the choices to be good ones)
- Test (validating what must be true is in fact true, or true enough)
This structure will aid you in allocating your time. The second thing you notice is while the choice-making spaces are a bit smaller (by design), he added a goodly piece of working space right in the middle of the canvas, for Reverse Engineering. It makes up the bulk of real estate, for one good reason: this is not only where the richest discussion happens, but it is also where strategy meets up with innovation.
An innovative new strategy is just like a new product concept: you need to identify the critical risks and leap of faith assumptions you’re making in your bias for optimism around your great new strategy.
Checkout other business canvases in our Canvas Database