Corporate agility in a white water world
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Transcript of Corporate agility in a white water world
Corporate Agility, and the ways to develop it
12 May 2011
About OCTANE
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We are a flexible team of highly experienced consultants with more than 20 years track record providing strategic advice to international and Greek clients
We use senior-level, experienced resources for all of our projects and clients, ensuring that our advice is practical, feasible, detailed and appropriately justified
We are focused on implementation and results – we are ready to follow through on our advice with a specific implementation support plan, and have the experience and know-how to ensure that this plan is executed
About OCTANE
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STRATEGICVIEWPOINT
We have years of experience providing strategic advice for Boards, CEOs and owners of major multinationals and leading
Greek companies, assisting them in setting strategic priorities, formulating strategy and applying it to action
We consistently and systematically use rigorous, data-driven, quantitative analysis in order to make our findings more robust
and to ensure that we bring measurable impact
RIGOROUSDATA-DRIVEN
APPROACH
DELIVERY &IMPLEMENTATION
EXPERIENCE
PRACTICALTOOLS &
METHODOLOGIES
Over 20 years of experience, we have built a set of practical, flex ible, applicable tools & methodologies which we use
wherever necessary in order to be more effective and efficient and provide implementable solutions to our clients
We have a track record of successfully delivering and executing the most complex and difficult transformation and
restructuring projects, providing momentum and coordinating key stakeholders to deliver concrete results
OCTANE Services
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survive compete succeed
EFFICIENCY &PRODUCTIVITYIMPROVEMENT
EFFECTIVENESS& CORPORATE
AGILITY
MARKETPOSITION
OPTIMIZATION
EXPORTBASED
GROWTH
Internal issues
External issues
CHANGE MANAGEMENT & EXECUTION
APPLIED STRATEGY & CORPORATE FINANCE
We are destined to live in a Darwinian world
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“It is not the strongest of the species that
survives, nor the most intelligent that survives. It is the one that is the
most adaptable to change.” CHARLES DARWIN
The corporate tools of the past...
• Organization and Structure
• Discipline
• Well-defined roles
• Control mechanisms
• Long-term plans
• Strategic Foresight
• Complicated procedures and rules
• Information
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...need to drastically change in the “white water” world
• Flexibility
• Initiative and autonomy
• Clear accountabilities
• Feedback mechanisms
• Adaptive forecasts
• Perception and proactivity
• Simple principles and values
• Knowledge
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Agility defined
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1. the power of moving quickly and easily; nimbleness: exercises demanding agility. 2. the ability to think and draw conclusions quickly; intellectual acuity.
A*gil"i*ty (#), n. [F. agilié, L. agilitas, fr. agilis.]
Five key initiatives that reinforce corporate agility
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SIMPLIFY & CLARIFY EXPAND
YOUR HORIZON
BUILDFEEDBACK
LOOPS
EMPOWER YOUR
PEOPLE
BUILDA WINNINGCULTURE
Five key initiatives that reinforce corporate agility
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SIMPLIFY & CLARIFY
• Set clear priorities
• Focus on material issues
• Simplify processes and policies
• Reduce “noise-to-signal” ratio
• Ruthlessly eliminate wasteful effort
Five key initiatives that reinforce corporate agility
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SIMPLIFY & CLARIFY
“Perfection is finally attained not when there is no longer anything to add but when there
is no longer anything to take away”ANTOINE DE ST.EXUPERY
PRACTICAL TOOLS & TECHNIQUES:
Profitability analysis
Balanced scorecards
Value-based management
Business process streamlining
Five key initiatives that reinforce corporate agility
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• Be brutally honest
• Work in the present – not the past
• Ask the right questions
• Be willing to change
• Pay attention to dissenting views
BUILDFEEDBACK
LOOPS
Five key initiatives that reinforce corporate agility
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“The definition of insanity is doing the same thing and expecting different results”
ALBERT EINSTEIN
PRACTICAL TOOLS & TECHNIQUES:
Customer panels
Web questionnaires
Out days
Staff workshops & surveys
BUILDFEEDBACK
LOOPS
EXPANDYOUR
HORIZON
Five key initiatives that reinforce corporate agility
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• Be extroverted
• Deploy remote probes
• Develop 360 vision
• Leverage your network
• Test your boundaries
Five key initiatives that reinforce corporate agility
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“The only real voyage of discovery consists not in seeking new landscapes but in having
new eyes”MARCEL PROUST
PRACTICAL TOOLS & TECHNIQUES:
International forums & events
Pilot projects
Social Media
Global competitors
EXPANDYOUR
HORIZON
Five key initiatives that reinforce corporate agility
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• Be honest and transparent
• Give proper weapons and ammo
• Push decisions downwards
• Hold people accountable
• Reward doers
EMPOWER YOUR
PEOPLE
Five key initiatives that reinforce corporate agility
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“The best way to deal with chaos is not through complex systems, but through simple rules applied by smart people”
MARGARET WHEATLEY
PRACTICAL TOOLS & TECHNIQUES:
Accountabilities
Decision levels
Project teams
Bottom-up resource allocation
EMPOWER YOUR
PEOPLE
Five key initiatives that reinforce corporate agility
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• No stars
• No “weak links”
• Focus on self-improvement
• Confidence and poise
• Expect success
BUILDA WINNINGCULTURE
Five key initiatives that reinforce corporate agility
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“We treat every practice like a final – so it was easy to treat the final like a good
practice”KOSTAS TSARTSARIS
PRACTICAL TOOLS & TECHNIQUES:
Sharp, demanding targets
Success stories
Rigorous training
Personal Example
EMPOWER YOUR
PEOPLE