Strategy Transformation: Reconnecting with the Entrepreneur in you

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© SPUTNIK-3 Customer Centric Systems Confidential Strategy Transformation: Reconnecting with the Entrepreneur in you

Transcript of Strategy Transformation: Reconnecting with the Entrepreneur in you

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© SPUTNIK-3 Customer Centric Systems Confidential

Strategy Transformation: Reconnecting with the Entrepreneur in you

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Strategy Transformation: Reconnecting with the Entrepreneur in you

Presented by Paul MulderSputnik-3: [email protected]

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Agenda

o Paradigms and their Perils

o Stage Failure and the Early Indicators of Impending Disaster

o Scenario Planning and Envisioning Success

o Reassessing your Vision

o Aligning Vision and Mission

o The Innovation and Disruption mindset

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Paradigms and their Perils“A framework containing the basic assumptions,

ways of thinking, and methodology that are commonly accepted by members of a scientific

community”

1. Failure to set appropriate, SMART goals

2. Failure to build growth into every action you undertake

3. Failure to measure, monitor or benchmark outputs

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Stage FailureThe main reason for multi-stage rockets and

boosters is that once the fuel is exhausted, the space and structure which contained it and the motors themselves are useless and only add

weight to the vehicle which slows down its future acceleration.

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EARLY SIGNS OF STAGE FAILURE

1. Failure to evolve marketing, strategy, innovation and management

2. Failure to compete effectively3. Failure to sell enough or secure

market share4. Failure to secure quality and quantity

of prospects5. Failure to break the cycle of doing

what is not working6. Failure to change the game7. Failure to strategise8. Failure to dismiss the “I can do it

myself” mindset

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VisionAn aspirational description of what an organization would like to achieve or

accomplish in the mid-term or long-term future. It is intended to serves as a clear

guide for choosing current and future courses of action.

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Mission: Making the Vision RealThe mission statement should guide the actions of

an organization, it provides "the framework or context within which the company's strategies are

formulated".

1. Describe the overall Goal - Differentiate

2. Provide a path – Innovate

3. Guide decision making – Illuminate

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Innovation & Disruption Mindset

1. Innovation is not reserved for

technology

2. Cross Pollinate

3. Engineer in growth

4. Apply investment logic

5. Uncover hidden assets

6. Mine areas of sub-

optimisation

7. Remove risk for customers

8. Network with like-minded

people

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Resources

Web: www.sputnik-3.co.za

Email: [email protected]

TEL: +27 12 661 2142

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