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Dave Mortensen

๐Ÿ‘ค Speaker
580 total appearances

Appearances Over Time

Podcast Appearances

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

And that can be a gap, too, because we're so enamored with what we have or what we deliver.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

We forget about some of the components we obsess about stakeholder value, though, and stakeholder value.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

changes year over year over year in fact strategy has to be aligned to your stakeholder value and it's one of the biggest misses businesses will do because we get really excited about an idea we have that we think is going to deliver somewhere so an example would be let's say we have a new customer journey a new product we want to deliver to our customer and

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

And our customers love it.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

They love it.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

It is like the best thing they've seen yet.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

Now the but is, the but is to deliver it, it's harder for our operations people to deliver the product and there's no gain for them.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

So their stakeholder value comes in.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

How well do you think we're going to deliver it?

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

Even if our customers love the product and everything, but I have no value to it and it takes me a lot more work to deliver something and I see no gain by doing it.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

Guess what?

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

Our franchisees aren't going to be attracted to that.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

So when we build something out, we build out what's called a stakeholder map.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

There's no perfection, right?

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

The stakeholder map, you put down a stakeholder map of every stakeholder in the business, and then you take your strategic priorities, your key things, and you go, how does this impact every stakeholder?

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

And stakeholders can be your staff.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

It can be you as the investors.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

It needs to be our franchisees.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

It needs to be their staff.

The Action Catalyst
Living in the Grey, with Dave Mortensen (Fitness, Leadership, Franchising, Partnerships)

It needs to be our customers.