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Banff ▲ Brussels ▲ Singapore
www.banffexeclead.com
Strategy & Leadership for The Replacement Economy
Incl. Innovation & Productivity
1. Today’s Replacement Economy Factors
2. Strategy for Sustainability
3. Leadership for Innovation and Productivity
4. Conversation
Today’s Session
Facets of the Replacement Economy
Replacement
Economy
Increased Price of
Oil/Energy
Int’l Competitors China/India/
Korea/ S America
End of Colonialism & ↑
Developing
World Salaries
Increased Quality &
Durability of Goods
New Mkt Entrants
Rise of Internet Business
Increased Debt levels of
Countries, Co’s & Individuals
Wealth Consolidation [The Top 1%]
Population Pyramid
Inversions
Global Water
Shortages
Population Dynamics
Policy Impacting Population Dynamics
Disposable Income & Wealth Concentration
Government, Corporate, Household Debt
Water Table & Aquifer Depletion
Water Table & Aquifer Depletion
Improved Durability & Quality
Oil Scarcity & Price
Strategy for Sustainability
1. Systems & Network Thinking
Relative Orders of Magnitude of
Decisions/”Tweaks” are critical
Strategy for Sustainability
2. Understand Varied Impacts/Conditions for Your Org./Region
Strategy for Sustainability
3. Dialogue, Trade-offs & Policy/Priority Setting
I.e. Fresh Water Priorities
Strategy for Sustainability
4. What do you STOP Doing?
Leading for Innovation & Productivity
30%
70%
Leading for Innovation & Productivity
Leading for Innovation & Productivity
Zero-Sum World & New Consumer
?
Leading for Innovation & Productivity
Innovation for Value Creation
Authentic: IP, Unique Applications,
Natural Resources,
Strengths (i.e. Nano-tech related to pipeline coatings)
Leading for Innovation & Productivity
Hardware vs. Software vs. Combined
Leading for Innovation & Productivity
Products vs. Experiences
Leading for Innovation & Productivity
Productivity for Sustained Profits &/or
Improved Std of Living
Rank Country GDP (PPP)
per hour 2013
1 Norway 75.14
2 Luxembourg 73.22
3 United States 67.32
4 Belgium 60.98
5 Netherlands 60.06
6 France 59.24
7 Germany 57.36
8 Ireland 56.05
9 Australia 55.87
10 Denmark 55.75
11 Sweden 55.28
12 Austria 54.83
13 United Kingdom 51.38
14 Canada 50.29
15 Iceland 50.01
16 Switzerland 49.88
17 Spain 49.59
18 Finland 48.79
19 Barbados 46.19
20 Italy 45.04
21 Japan 43.77
22 Singapore 41.46
23 Hong Kong 41.30
24 Trinidad and Tobago 40.04
25 Taiwan 39.97
26 Slovenia 39.78
27 Israel 38.99
28 New Zealand 36.83
29 Malta 36.02
30 Slovakia 33.44
Leading for Innovation & Productivity
From: Conference Board
2013 Global Innovation Index
Canada’s Productivity Growth
GDP (PPP)/worker:0.6% Rank: 91st
Leading for Innovation & Productivity
Revisit Fundamentals:
1. People: Focused, Motivated, Effective – Add Value? 8Hr Day?
2. Organization Design – Customer/Service-focused deployment
- Form follows Function?
3. Compensation & Reward Design – Full Perf Mgt
4. Technology & Interfaces – Enhance human creativity & capacities
5. Executive Facilitation
6. LEAN, 6-Sigma, LEED – Driven by Outcomes/Vision
How might you Measure Productivity in the Public Service?
Leading for Innovation & Productivity
From: “Beware the Busy Manager” – Bruch & Ghoshal – HBR Feb 2002
Focus
Energy High
High
Low
Purposeful
10% (Focused)
Distracted
40% (Busy)
Disengaged
20% (Exhausted)
Procrastinating
30% (Checked-out)
Focus = Concentrated attention on goals, outcomes, results
Energy = Vigor fueled by intense personal commitment & initiative
Leading for Innovation & Productivity
Replacement Economy Summary
2008 – 2012 – 2015 +
The New Normal?
• Revised Strategy
• Innovation & Productivity
Leadership
Workshop Conversation
What ideas has this session stimulated for your Strategy and Leadership in your organization?
How might role of government and policy-making respond to the reality of the future Replacement Economy?
What traditional business/industry might you want to replace in your jurisdiction – and with what area of new focus?
Phone: 403.762.5100
Email: [email protected]
Suite 100, 201 Spring Crescent
P.O. Box 4870 Banff, Alberta, Canada, T1L 1G1
Thank you
www.banffexeclead.com
