How can a broken business be fixed?

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So how can a broken business be fixed??

description

A guide to focusing a business on it's priorities and objectives.

Transcript of How can a broken business be fixed?

Page 1: How can a broken business be fixed?

So how can a broken business be fixed??

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Gillespie’s Hypothesis of Business Leadership

•There is a difference between management and leadership

•Your business is NOT an exception.

•80% of all businesses lack true leadership.

•Gillespie’s Corollary: The 80% figure is probably low but it fits into the Pareto Principle.

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So how do we make the pieces fit and work?

Vision

Mission

Strategy

ValuesGoals O

bjectives

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Same thought… different wordsIf you do what you've always done,

you'll get what you've always gotten. Tony Robbins

And…

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein

Why Change??

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How can it be fixed?

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Every team needs a plan…

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Without a road map – any destination will do

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So….

Here are the directions to get there

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The business model has a lot of pieces

but you already knew that

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

Established by Executive Team & Ownership

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A good business model needs a solid foundation -

STRATEGY

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

How do we develop our Strategy!

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How do we develop a workable strategy?

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A SWOT Analysis surveys where you are and where you need to be…

Now you can determine how you are going to get there with Strategic Initiatives

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Strengths Weaknesses

Opportunities S-O Strategies W-O Strategies

Threats S-T Strategies W-T Strategies

SWOT MatrixAlso known as TOWS Matrix

Current conditions

The Plan for the future

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

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Strategic Initiatives' need to stay on course

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A Balanced Score Card keeps the process focused

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Why Implement a Balanced Scorecard?

•Increase focus on strategy and results •Improve organizational performance by measuring what matters •Align organization strategy with the work people do on a day-to-day basis •Focus on the drivers of future performance •Improve communication of the organization’s Vision and Strategy •Prioritize Projects / Initiatives

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

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So….

what does this mean to me?

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Individual goals and objectives need to reflect the organizations goals and objectives

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so w

hat’s th

e bottom lin

e…

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

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Strategic Business Model

Mission

Core Values

Vision

Strategy

Balanced Scorecard

Strategic Initiatives

Personal Objectives

Strategic Outcomes

Satisfied Shareholders

Delighted Customers

Effective Processes

Motivated & Prepared Workforce

Why we exist

What we believe in

What we want to be

Voice of the customer & our game plan

Implementation & Focus

What we need to do

What I need to do

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Now do it again and make it better – then repeat again and again and again…

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