The Shredder part 1

The Shredder is a method I’ve developed to try to unravel strategies whether they are for companies or products. The process of understanding requires gathering information and information in the world can appear in many different formats, it’s almost like going through a company’s shredded confidential paper bin and trying to connect it.

The Shredder can help you:

Understand your own company — Let’s face it, most of the employees in most companies don’t understand the company’s strategy, and are trying to suggest things that seem to be randomly accepted by management. Using The Shredder you’d be able to understand decisions better.

Be clear about your own strategy — If you work in a startup or any fast pace situation you might not have a strategy and are developing it gradually whereas your employees are thirsty for clarity. The Shredder will help them give you feedback, and together you’d be able to identify actions and lead them towards a tactic (the series of actions you do instinctively). From there it’ll be logical to measure what worked and develop that into a strategy.

Understand other companies’ strategies and anticipate their future actions — No one works in ether, we all have competition and we all need to understand where they are at and where they are going. The Shredder would allow you to understand your competitors’ strategy better and identify what worked for them and why.

The Shredder helps people identify the pieces and figure out how to connect them. This isn’t an exact science and you’ll create informed theories, but as time progresses you will be able to improve your accuracy of predictions, and in any way, this is a great way to get a team up to date with a situation in a company or another and align between people.

The Why

The Shredder session is a strategic analysis framework I created a long time ago and in this constellation, it was catered to help our newly born product function at iwoca to learn how to think strategically by analyzing competitors. Analyzing other companies is essential for self-improvement and is a muscle that when used right can yield massive improvements in how we approach product development.

Continue reading the article in my blog