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Background concepts used during the session with the Department of Business Science of the University of Stellenboch on 19 August 2008, Somerbosch Wine Estate, Stellenbosch

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Mad

e po

ssibl

e by

:

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Source: Ramon Thomas

data to wisdom

InformationData WisdomInsightKnowledge

Methods ArtScience

Competitiveedge

Training Skilling in life…….Education

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‘…‘…it is not the it is not the strongest that will strongest that will survive, nor the survive, nor the cleverest, but cleverest, but those that can those that can adapt the quickest adapt the quickest to change.to change.……’’

Charles DarwinCharles Darwin

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• A challenge:

““We are here today to create our own We are here today to create our own entrepreneurial projectentrepreneurial project””

• Many viewpoints on it• The vital few• Enlightening• Many solutions• Focused action steps• Prioritize • A workable plan

What

How

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CEOInbound

Stakeholders

Customer delight

Personnel

Production

Outbound

Energy

Measurement

Market

Networks

A sound business

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Innovation typesM

arke

t ce

rtai

nty

low

high

Difficulty

HighLow

Our focus

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a creative person

• Seek opportunities• Tolerant• Flexible• Take risks• Motivated• Committed• Experienced• Sensitive to problems

It is a choice!!!

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For nowYou have 15 minutesBe alonePrepare 1 minute intro against metaphorDesign business card 10 years henceWish, fear and wonder focussing on our

challenge

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Suite 21Executive DeckQueen Mary II

www.mrbeanlookalike.org.ti

email: [email protected]

Tel: Iridium (only sporadic) A340-747

Laidback IncVDS Brink D.Phil (hc)

Orator, Philosopher, Loafer, Philanthropist

“ I bring people together…”

And some fun…

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Three wishesWrite large on A5 sheet readable over 3 meters

One wish, fear, amazed per sheet

Be specific, realistic, clear

I wish my project will be about…

I fear that…

I am amazed that…

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in a new world the winners will:

Thomas Friedman: “The Earth is Flat”

• Work together

• Put together

• Show them how

• Do it different

• Apply it different

• Do it locally

• Care for the Earth

• Put myself in your shoes

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Nonsensical buzzwords…..

“…senior executives of the XYZ Resources group of employers (hereinafter referred to as the organisation), met with their respective colleagues and unanimously agreed that it is imperative that the future sustainability of the organisation in an increasingly adverse macro economic environment must be secured…..”

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Nonsensical buzzwords…..

Bullfighter by Deloittes, CLS legal firm

cutting edge

paradigm shift

…….… ware

empowerment

alignmentstrategic

synergy

extensible

viz ’a viz…inter alia…ad hoc.

re-engineering

visionary

convergenceglobally

transformation

transparency

leverage

best practice

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Doing…towards change

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…the right stuff

… things right

…the right things better

…do away with things

…do what others do

…do what nobody does

……do the impossibledo the impossibleRolf Smith, 1997, 7 levels of Change

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in a new world…• strategy is living

• quantum leaps

• destruct frequently

• everything a project

• do only stuff we are great in

• cut sideshows

• top issue: cross boundary comms

• high touch

• female think

• all work in cross functional teams

• fire turf kings

• musical chairsTom Peters: Re-Imagine

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to be world class…

adapted from Sunter, 2003

• passion for what we do

• be different and unique

• collect a top team

• study global practice

• never give up on innovation

• radar system to pick up opportunities

• be ethical to all

World class

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Soul

Body

Social

WealthFamily

Meaningfull Work

A full life is about...

Mind

J Demathini: How to be a millionaire and still go to Heaven

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ethics legal?

a code of ethics?

a shoosher?

what would my mother say?

corporate policy?

rights infringe?

avoid responsibility?

duties conflict?

is it good for the group?Hanno Olinger

and if

every

body knows a

bout it?

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Just do it!!

Have fun

Be bold

Challenge yourself

Be on your feet

Live in the moment

Value people

Respect them

Do some good

For today..and tomorrow onwards..Think, act differently

For today..and tomorrow onwards..Think, act differently

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Chronicles of Narnia

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Generic needsWe:

do not want to be hurtam part of the groupam worth somethingdo worthwhile thingswant to learn want beauty , orderwant to sharewant you to care for mebelieve in a higher powerwant to do great thingsam angry, want to forgiveam better than othersam boredam afraid of love to laugh, have fun

H MCarthy: Motivating your Audience

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www.corvus.co.za

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Informed

Active

4 people typesUninformed

Lazy

Passengers

Destroyers

The Wise

Go-getters

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25Pretoria News

Pavarotti

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core competency

Hamel & Prahalad, 1991

• access to variety of markets

• great contribution to customers

• difficult to imitate

a bundle of capabilities

“Core competence does not diminish with use. Unlike physical assets,

which do deteriorate over time, competencies are enhanced as they

are applied and shared.”

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Income and mindset

Employee

R Kiyosaki, 2003, Cash flow Quadrant

Selling hours

Own Business

Investor

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SYNERGY TAKE THAT OFFLINE

STRATEGIC FIT

AT THE END OF THE DAY

GAP ANALYSIS

BEST PRACTICE

THE BOTTOM

LINE

CORE BUSINESS

LESSONS LEARNT TOUCH BASE

REVISIT GAME PLAN BANDWIDTH HARDBALL OUT OF THE LOOP

GO THE EXTRA MILE BENCHMARK THE BIG

PICTUREVALUE-ADDED

MOVERS AND

SHAKERS

BALL PARKPROACTIVE

NOT REACTIVE

WIN-WIN SITUATION

THINK OUTSIDE THE BOX

FAST TRACK RESULTS-DRIVEN

EMPOWER EMPLOYEES NO BLAME

STRETCH THE

ENVELOPE

KNOWLEDGE E BASE

RESULTS-DRIVEN

TOTAL QUALITY

SLIPPERY SLIDE

TICKS IN BOXES MINDSET KNOCK-ON

EFFECTPUT THIS

ONE TO BEDCLIENT-

FOCUSEDQUALITY-DRIVEN

MOVE THE GOAL POSTS

Do you keep falling asleep in meetings? Here is something to change all of that.

BUZZ WORD BINGOHow to play: Simply tick off 5 BUZZ WORDS on one meeting and shout of BINGO!

It’s that easy!

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a business plan process

Purpose

Relationships

Capabilities

Choose a strategy

Theory

Plan

Process

Organize for success

Scenarios

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I can be the best in the world

+

==

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strategic success

Success is based on an effective match between the external relationships and its own distinctive capabilities. (Kay, 1993)

Your most dangerous competitors are those that are most like you. The differences between you and your competitors are the basis of your advantage.

(Henderson, 1989)

Types Of Differentiation Strategy

•Price•Image•Support•Design•Quality•Non-Differentiated

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Mitroff

‘…formulate as many options as possible; then realistically tackle those that are achievable’

Clem Sunter

“…most serious errors in management can be traced to solving the wrong problems precisely…’

- Ian Mitroff

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• Know where the soloist is

• The soloist listens and build on group

• Know the rules and when to break it

• Experiment in the band by changing structure

• Overblow your clarinet / sax sometimes

• Expect smashes, recover and move on

• Do not repeat the same solo, improvise on the known

M Holesberger 2005

Blues model:the edge of chaos

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winning in the future

Better DifferentDifferentSmaller

Hamel and Prahalad, Competing for the future, 1994, HBS press

CompetitivenessCompetitiveness