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Develop A Storyline - 102841
Develop A Storyline - 102841
Forward Advance
Level
DEVELOP A
McKinsey
academy
STORYLINE
4
2. Reflect on the conversation
What should Noah and Maryam’s elevator pitch be?
Maryam and Noah have to come up with a quick elevator pitch for Aaliyah. In other words, what is the main headline for Aaliyah to take away? And what
would she be most interested in hearing in a short amount of time?
See below for the outline Maryam created and presented to Noah in the previous video.
Compare to expert
Governing thought
The following three ideas are the best for MODA to invest in as they drive a 20% reduction in costs and help to improve the in-store customer experience.
Deep dive on answer
•The first idea is to invest in a new RFID inventory management system
•- A new inventory management system would significantly reduce costs associated with managing inventory across retail locations
•- It would also reduce the time spent on conducting inventory checks on the floor and in the backroom
•The second idea is to improve the loyalty program sign-up process
•- Our customer insights show that the process is too lengthy and prohibits customers from wanting to sign up.
•We lose an estimated 60% of potential sign-ups due to the perceived time burden
•The third idea is to install self-serve tablets in all stores for customer assistance
•- Pilots indicate that self-serve tablets reduce customer wait time by 50% and increase overall shopping trip satisfaction by 15%
Using the structure and analysis completed by Maryam and Noah, describe in a few sentences how you’d suggest they tell the story to Aaliyah as a short
elevator pitch.
an ELEVATOR PITCH must include
• What was the original question and why Aaliyah should care about the
Context:
answer?
Governing thought: • What is the overall takeaway from the team’s analysis and research?
• What is the decision or ask to help the team move forward on the
Conclusion:
original question?
ai “Hi Aaliyah, we’ve identified three strategic investment opportunities for MODA that promise significant benefits. First,
implementing a new RFID inventory management system would cut costs and streamline inventory checks across our retail
locations. Second, simplifying the loyalty program sign-up process would boost participation by eliminating perceived time
burdens. Lastly, introducing self-serve tablets in stores would enhance customer assistance and satisfaction. These initiatives
collectively drive a 20% cost reduction and elevate the in-store experience.”
McK
“We’ve narrowed it down to three ideas for MODA to invest in as we drive toward a 20% reduction in costs and help improve
our in-store customer experience. The first idea is to invest in a new RFID inventory management system. The second is to
improve the loyalty program sign-up process. And the third idea is to install self-serve tablets in all stores for customer
assistance. Each idea has its clear benefits. We’d like your input on which to move forward with at this time.”
Even short interactions benefit from preparing a storyline to bring to life the structure and logic of your message. For Aaliyah,
3. Turning logic into a compelling narrative
WHAT IS A STORYLINE?
▪ You've used the Pyramid Principle to craft an airtight message.
▪ Now it's time to translate those messages into materials that you'll share with your teams and colleagues.
▪ It is often tempting to bring our full range of insights to a meeting; however, this can lead us away from the
specific purpose of a meeting.
▪ Step back, pause, and think about what targeted set of insights will lead to a specific action.
▪ Kate introduces the concept of a storyline as the outline of key points you want to get across to your
audience.
▪ She distinguishes between STORYLINING and STORYTELLING.
• In the last session, we looked at what it means to structure a message in a clear and compelling way.
• And today, we're going to explore how to convert that structure into a storyline and then even take that storyline
and tell a good story around it.
STORYLINING and STORYTELLING
are actually two very different things. So what do we mean by that?
STORYLINING STORYTELLING,
• is actually converting your pyramid • "How can I engage and hook my
and your synthesis into a prose audience in a different way?"
version. • How can I inspire them?
• A dot dash is often what we use as • So while the structure of the ideas,
well to convey this. the clarity of the message is
• And so it's actually an outline of the absolutely critical,
kind of key points you want to get • the order in which the story is told is
across, and what order they might important.
come in, and • Storytelling starts getting into more
• what would be the other supporting of those exciting angles and ways of
evidence to make your argument. inspiring your audience.
4. Pyramids vs. Storylines
THE ART AND SCIENCE OF COMMUNICATIONS
• If communication is both an art and a science,
• a storyline is the art and
• a pyramid-style argument is the science.
The exercise of building a PYRAMID involves
✓ selecting and curating the facts that you have, and
✓ synthesizing those facts into key line statements and
✓ a governing thought.
It is a logical and structured exercise.
In contrast, a STORYLINE is the task of
✓ creating the narrative to express your message.
✓ Strategic communicators quickly learn to tailor both what and how they communicate to address the
priorities of a particular audience.
This a highly social task; it requires you to think carefully about the group you are addressing and make a
plan that considers the following questions:
➢ How would you structure the insight(s) for greatest impact?
➢ What context is necessary to provide for the insights to be understood?
➢ How might you use a story or anecdote to emphasize a key message?
5. Converting a pyramid into a
storyline
CREATING STORYLINES
• You’ve built your pyramid.
• You have a clear governing thought and groups of facts to support it.
• So now what?
Developing a storyline is in part sharing your findings with your audience, and in part
creating a narrative that will move your audience to action.
There are different approaches to storylining depending on your audience and the
purpose of your interaction.
Below is a simple formula you can use to create that narrative:
Give a brief introduction that describes the situation or complication your presentation addresses
Share your primary recommendation, which is drawn from your pyramid’s governing thought
Support and expand on your recommendation using the arguments and data in your pyramid structure
What can MODA do to positively impact all of these metrics and support the health and well-being of employees?
Conclusion: Opening an onsite yoga studio supports employees’ physical and social well-being and fosters cross-functional cooperation, while
advancing the organization’s long-term health initiative.
In recent years MODA has undertaken an initiative to support the health and well-being of employees. Still research
shows that:
•The average number of sick days employees take has increased by 2.4 days/year over the past 5 years
•75% of employees report going to an exercise establishment (e.g., gym, yoga studio, class) 2-3 times per week,
citing “convenience” as the primary factor in that choice
•What can MODA do to positively impact all of these metrics and support the health and well-being of employees?
Answer: MODA should open a yoga studio inside of its headquarters.
•Offering health-focused spaces like a yoga studio is consistent with MODA’s health initiative
• Classes offered in the yoga studio provide a more affordable option to nearby studios
• Easy access to a yoga studio encourages exercise and improvement in health
•An onsite yoga studio will save time and make MODA’s people more efficient
• Waiting time will be minimal as the studio only serves MODA colleagues
• An in-house studio will reduce waiting time relative to external classes
•An onsite yoga studio will give employees a place to socialize and foster community building
• A yoga studio promotes cross-functional interaction
• An onsite yoga studio reinforces our commitment to the quality of life of our employees
•Conclusion: Opening an onsite yoga studio supports employees’ physical and social well-being and fosters cross-
functional cooperation, while advancing the organization’s long-term health initiative.
7. Different approaches to
storylining
One set of facts, many ways to tell a story
There are many ways to tell a story and convey your recommendations. Which approach will you use? It depends on your
audience and the context of the situation in which you’re working.
Every storyline will have a BRIEF INTRODUCTION, a BODY, and a CONCLUSION.
Let’s explore a few common alternative body types that can be used beyond the pyramid structure.
But they do have a logic. And I call that logic, the storyline. And it is a line. so then
▪ Choosing the right format for any interaction is really important, (don’t fall into one particular style every time).
▪ There are so many other ways we can run a meeting and an interaction, and we should really try and use the
wealth of opportunities available to us.
choose one that will best facilitate the type of discussion you need to have
✓ to achieve the meeting's purpose, and
✓ to make the session as engaging and interactive as possible.
At planning stage
▪ don't start by writing out an agenda.
▪ start by thinking about, what are the outcomes of this meeting?
▪ As a result of participation in this meeting,
▪ what do we want our stakeholders to know, feel, and do?
For example,
o if you have content that you wanted to share, such as a project update, a perspective on a topic, results of some
analysis, then a presentation style could be appropriate.
o But you could also consider a gallery walk of the content, a Q&A style discussion, rotating breakouts, or a panel.
o If you wanted to foster a collaborative atmosphere to generate ideas or co-create something, then you could
consider a Post-it Note brainstorm exercise, or even running a mini-competition among your participants.
o then use voting by sticky dots or plotting on an ease/impact matrix to narrow down the ideas and reach a
consensus.
Once you've selected the format for your meeting,
✓ you can decide which MATERIALS you're going to need to support it.
✓ don't let the materials you have decide what format you're going to use.
✓ So think creatively about how you want to share your core insights. (charts, tables, and texts).
✓ But you could also think about pictures, videos, quotes, audio, cartoons.
✓ A video of a customer talking about their experience, or an annotated picture of a manufacturing line can be
far more effective and informative than a PowerPoint slide.
The way that we approach VISUALS is to make sure that they're ADDING VALUE.
• Just like information, if there's too much information, it's not needed.
• And it's going to make whatever message you have look more cluttered, messy, and unorganized.
• It's the last thing you want on your presentation.
• You can use pictures, you can use icons, you can use illustrations, you can use whatever type of visuals you feel
will add more value. Just don't mix them, stick with one.
14. Alternative channels for
communication
Summary of communication channels
Depending on the audience and purpose of your interaction, you’ll want to consider using different channels
for communicating your key messages.
Let’s take a look at a variety of communication channels.
14. Alternative channels for
communication(1/2)
WORKSHOP interactive meeting with a group of individuals to drive in-depth
discussions and/or activities on a specific topic (real/virtual).
•Best suited for interactions where your purpose is to OFFSITE TOUR
BRAINSTORM new ideas, create alignment among a large group,
build understanding of a new process, concept, or idea
•Workshops inspire COLLABORATION and allow groups to come
An is an opportunity to take a group of
together in an effective channel
individuals to another location to view
an example or demonstration of a
particular topic (real/virtual).
•Best suited for INTERACTIONS where
GALLERY a group of individuals walk around a room covered in a collage of the purpose is to build the GROUP’S
WALK visuals and text to engage with a specific topic (real/virtual). UNDERSTANDING of a particular
Best suited for interactions where the purpose is to SHARE A NEW process, concept, or topic;
CONCEPT OR IDEA, give an EXPERIENCE OF A JOURNEY, allow MORE demonstrate what a BEST-IN-CLASS
TIME for participants to process information and explore content in example looks like; allow for time to
different ways ask questions
•This approach gives individuals a CREATIVE ENVIRONMENT, an
active role, and positive energy to engage with the content
14. Alternative channels for
communication(2/2)
INTERNAL CHAT
EMAIL used to communicate brief and structured messages. PLATFORM
•Best suited for interactions where you intend to tell a or collaborative workspace
The purpose of an executive summary is to give somebody with limited time an overview of what you're going to talk about.
It's a tool that is designed really to facilitate executive decision-making. And so it is important that
✓ we pull out the right messages,
✓ put them in the right order, and
✓ use language in its most powerful form to really create an impact in, let's say, less than 500 words.
The best approach for an executive summary is
▪ to start with a blank sheet of paper.
▪ Think about EPIC. Specifically, think about your audience and what they care about and are interested in and what your purpose of the
document is.
executive summaries focus in (5, 500, 5 FRAMEWORK).
❖ the executive summary is no longer than 5% of the
overall content. explaining the
❖ In most cases that means that it's less than 500 words. CONTEXT
❖ And then finally, it's really based on five key
GOVERNING THOUGHT-
statements.
A common structure for an executive summary can be
➢ One or two sentences of context-- explaining the
CONTEXT of the work that you're doing– SUPPORTING
ARGUMENTS
➢ then the GOVERNING THOUGHT-- usually one
sentence–
➢ Three or four bullet points of SUPPORTING
ARGUMENTS or insights-- and then NEXT STEPS-
➢ finishing off with one or two sentences on the NEXT
STEPS-- so where you'll go from there. All 6 to 9 sentences
One benefit of having written an executive summary is
that you have an elevator pitch ready to go if you are
asked in the corridor for a quick update on your project.
You can provide an update in the same structure as your
executive summary, because you've already picked out
the governing thought and the most critical supporting
arguments to share.
17. Take it to your team
Take it to your team
Introducing storylining to your team
Research shows that teaching others can strengthen your understanding and recall of a new concept or idea.
You were just introduced to the formula for creating a storyline—now practice it.
18. Storylines in action
The most impactful and memorable meetings that I've either attended or hosted have involved very
little PowerPoint. And these meetings range from full day, internal offsites with a team, to multiple hour
client presentations, to just check-ins that last 30 to 45 minutes.
❑ most effective to use PowerPoint when you
▪ have a detailed strategy to work through or detailed recommendation,
▪ want to show data or support, a decision or different options with facts and insights.
❑ PowerPoint can very well kind of get through the data and show different perspectives so that it can
support a decision.
❑ a well-crafted memo or even a simple email can be as powerful as a complex PowerPoint deck.
❑ a shorter document that's very clear is much more effective than a longer document.
❑ Gallery walks are a wonderful way to bring to life different topics
And so I would really push anyone to think about before they jump to starting to make slides, think
about,
o what do I really want to communicate?
o Is this the right tool?
o What are the other tools that I have in my toolkit that I might want to consider using instead of
PowerPoint?
19. Setting learning intentions
WHAT ARE YOUR LEARNING INTENTIONS?
Setting a learning intention can be most useful when building new skills and knowledge. Make some
concrete learning intentions related to Insight, looking ahead.
20. Next steps