Supply Chain Strategy in the Boardroom - The reality Closing the implementation gap Supply Chain Strategy in the Boardroom - The reality Closing the implementation gap Prof. Richard Wilding, research director, Professor of Supply Chain Strategy at Cranfield School of Management Prof. Alan Waller, research director, Solving Efeso Vice President Supply Chain Innovation, Visiting professor at Cranfield School of Management Clive Geldard, co-author, Solving Efeso Group Vice President, Retail and Supply Chain Steve Mayhew, co-author, Solving Efeso Principal Consultant, Operations strategy and Supply Chain analytics Solving Efeso White Paper 4 Closing the implementation gap 5 Supply Chain gains greater representation on the Board 6 Performance Drivers of strategy lead by cost focus Strategic planning cycles shorten 7 Strong correlation between Board involvement and successful SC strategy implementation 8 Vision, risk management and tracking benefits are vital 9 The significance of Collaboration and benchmarking 10 Need for radical improvement in achieving successful implementation of strategy 11 Behavioural models reflect corporate maturity 13 New ‘skills set’ for supply chain directors 14 Avoiding the ‘poison chalice’ Methodology Acknowledgements Abstract The supply chain is an intrinsic element of the enterprise and its ability to adapt quickly to changes in the commercial environment is critical to the financial and market performance of the business. However, research by Solving Efeso, in collaboration with Cranfield School of Management, points to a yawning gap between supply chain strategy and successful implementation, making change a perilous process that needs to be addressed as a matter of urgency. Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap Ten key factors the Board must get right The report’s findings can be summarised in the form of ten areas within the Board’s responsibility that it must ‘get right’: Vision led The strategy must be Vision led Boardroom involvement It needs active top level (Boardroom) involvement and support Cross Functional Involvement The other relevant business functions also need to be actively engaged in planning and execution Quantitative modelling Planning and implementation should be informed by rigorous quantitative modelling Risk management techniques will render the strategy resilient yet flexible Benefit Tracking Benefits gained (or expected and not realised) must be tracked continuously from the start of the process Continuous review The plan should be under frequent or continuous review Continuous adaptation Such review will allow, even mandate, continuous adaptation of the plan to changing conditions, without losing sight of the original vision Sharing Learning and Experience Planning and implementation will be informed by the learning and experience of others wherever this can be found (which also implies that the Board must be prepared to share its own experience as well) Change Management Focus Finally, the Board will recognise that implementing a strategic plan is an issue of change management, and that cultural/ people issues are much bigger and more intractable than the merely technical. 3 4 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap Closing the implementation gap Research undertaken by the Global management consultancy firm Solving Efeso, in collaboration with Cranfield School of Management, highlights the chasm that exists between success and failure in the implementation of supply chain initiatives. The findings of this in-depth, three year review of supply chain activity at the most senior level gives an illuminating insight into the dynamics of the Board and its influence on the successful outcome of a supply chain project or transformation. Conducted between 2009 – 2012, this global survey of 238 businesses from across a broad spectrum of global industries is believed to be the first practitioner led, academically grounded, study of how real-life Boards at the business unit level organise themselves to consider supply chain strategy - how they plan, implement and revise their strategies, and what factors in the Boardroom tend to influence the success or failure of major initiatives. Processes and techniques of companies are themselves drivers of success Given the considerable capital resources that are allocated to major supply chain transformations and the critical nature of their outcome to corporate performance, it is perhaps surprising that greater attention has not been focused on understanding the processes by which supply chain strategy is executed and the findings applied to ensuring a far higher success rate for such projects. “Thought leaders have long since advocated supply chain as a source of competitive advantage and differentiation. Our experience confirms that organisations can do so provided they successfully navigate their way through the supply chain strategy design and avoid the pitfalls that can scupper implementation. Moreover, this research gives evidence that the mindsets, processes and techniques of companies - to develop and implement supply chain strategies - are themselves differentiators and drivers of success,” says Clive Geldard, Group Vice-President, Retail & Supply Chain at Solving Efeso. Key considerations for Supply Chain leaders Express supply chain activities in terms of sales, margin and profit impact. Translate functional measurements of product availability and on-time in full service measures (OTIF) to that of equivalent revenue and lost sales. Likewise express inventory, lead-time and assets performance in terms of cash or capital avoidance. The only route to supply chain action and performance is through people. Place human resources, people development and communication at the heart of any supply chain initiative. Form collaborative relationships with other functions using the language of sales, margin and profit. Line up KPI measures/ Key Results Areas and incentives with other functions in the same way. Forge close links between supply chain and finance teams so that supply chain activities can be routinely and rigorously measured and validated in terms of the impact and contribution to business performance. Source: Leaders in Supply Chain (LiSC UK), Survey 1 to 1 Interviews To succeed and operate effectively in the Boardroom, supply chain leaders must learn to speak the business language of the Boardroom 5 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap Supply Chain gains greater representation on the Board The first and in some ways most significant finding is that this research has been possible at all. A decade or so ago, supply chain representation at Board level was highly unusual and also supply chain ‘strategy’ often amounted to little more than the aggregation of individual functional decisions. In addition, any ‘supply chain’ seat at the Board typically represented only a part of the ‘source-make-deliver’ continuum. As a result many Boards had minimal involvement in the planning and execution of strategy beyond signing off on Capital Expenditure. Senior supply chain person is on the board according to about 70% of respondents Is the senior supply chain person in the business unit on the Board? Stage one results 1. Update level has increased from 72% to 86% Stage two results 2. New respondents show slightly lower % on Board at 64% Yes 72% No 28 % N:181 Yes 86% Yes 64% Yes 69% Update New All N:22 N:73 N:95 This research, however, shows that in well over half of the companies surveyed the most senior supply chain person now sits on the Board of the business unit and suggests that this trend is accelerating. Furthermore, in companies with manufacturing operations, the proportion with responsibility for Source, Make and Deliver is approaching 50 per cent, which should be driving much greater integration across the entire value chain. Responsibilities of the most Senior Supply Chain Manager (manufacturers only) 14% 1% 5% 38% 11% Source & Make & Deliver 16% 4% 2009-2010 Source & Make 48% 14% 1% 30% N:101 13% 5% 2011-2012 Source & Deliver Make & Deliver Source Make N: 56 Deliver For manufacturers, the % respondents responsible for Source, Make and Deliver increased from 38% to 48%. The 14% reduction in Source Deliver suggests that Make is being increasingly integrated with Source Deliver. This should drive more integrated supply chain and operational strategies 6 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap Performance Drivers of strategy lead by cost focus Given that a majority of Boards are now in a position to discuss end-to-end supply chain strategies with the people who will be responsible for delivery, it is important to understand what drives these discussions. Cost focus is the primary overall driver, followed by customer lead-times and customer quality, although the most recent update suggests, unsurprisingly, that working capital considerations are of increased importance. Of course, each firm’s situation is different and there will be many for whom some other event, such as a merger, acquisition or new market entry, is of supreme significance. Cost and Working Capital have unsurprisingly become more important, and Quality has overtaken Lead-time 2009-2010 Rank 2011-2012 Functional Driver Rank Functional Driver 1 Cost focus 1 Cost focus 2 Customer Lead-time 2 Customer Quality 3 Customer Quality 3 Working Capital 4 Customer Considerations 4 Customer Lead-time 5 Working Capital 5 Customer Considerations 6 Cash to Cash 6 Asset Utilisation 7 Asset Utilisation 7 Cash to Cash N: 181 N: 91 Strategic planning cycles shorten ‘Events’ are impacting the Boardroom in another way. In times past, strategic planning horizons, based in large part on capital expenditure considerations, would be of five to seven years or longer and strategic reviews would, similarly, be carried out at intervals of several years. This research indicates that these cycles have shortened dramatically – in the vast majority of companies strategy is being reviewed on at least an annual basis, and up to half of companies are planning a continuous strategy review policy. It may be considered that in a volatile economic climate this is the abandonment of strategy in favour of tactical responses. However, the evidence suggests that firms are still setting out and working to a long-term vision of the supply chain but are much more prepared, and able, to adapt and evolve the implementation of the vision in response to, or anticipating, shorter cycle marketplace changes. This near-continuous review process is now using planning horizons of three years or less in the majority of cases, although of course strategies involving major capital expenditure may necessarily require longer planning horizons. These shorter horizons reflect the increased difficulty of longer-term forecasting: while the current economic situation is certainly a factor here, it also reflects a greater speed of change and evolution in commerce - the impact of e-commerce channels being one obvious example. Findings from workshops and interviews indicate that at least a few companies now have resources permanently dedicated to an ongoing review of supply chain strategy, and some others include this activity as a regular component of the ‘day job’. Professor Alan Waller comments that “continuous review is beginning to look like ‘best practice’ for most sectors”. “Implementation starts on the first day of strategy formulation.” Prof. Alan Waller, Vice President, Supply Chain Innovation at Solving Efeso and Visiting professor at Cranfield School of Management 7 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap Shorter planning horizons reflect the increased difficulty of longer term forecasting and greater speed of change. Planning horizon is much shorter than previously experienced Stage two results 60 60 50 50 40 40 % of respondents % of respondents Stage one results 30 20 10 30 20 10 0 0 1 year 3 years 5 years 10 years up to1 year 2 to 3 years 4 to 5 years 6 to 10 years N:174 N:86 Strong correlation between Board involvement and successful SC strategy implementation How engaged is the Board in strategic supply chain planning and implementation processes? Most Boards are at least consulted, some frequently, and a significant proportion are seen as being actively involved - although gauging Board involvement does seem to be sensitive to the question asked. However, the research very clearly demonstrates a strong positive correlation between the extent of Board involvement and subsequent success in implementing the supply chain strategy. Leading the strategy from a senior level is therefore an important success factor. However, where the strategy is being driven by the CEO or MD in isolation, implementation seems to be less likely to succeed. Having explored this in workshops and interviews the researchers conclude that, beyond the obvious problem of the CEO having many other urgent priorities, this situation often arises where the strategy has been handed down, for example at a Group or Holding Company level, or as the result of Merger & Acquisition activity. Understandably, ‘buy-in’ to the strategy is likely to be relatively weak in such circumstances. There is evidence that increasing board involvement improves likelihood of success CEO / MD drives 4 - Fully Actively involved at key stages 3 Routinely consulted Involved / consulted as required Not much increasing success N:181 Stage one results Increasing board involvement board involvement board involvement Board involvement in Supply Chain Strategy 2 1 - Partly increasing success Stage two results Increasing board involvement N:56 8 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap Vision, risk management and tracking benefits are vital There are several other factors in the Boardroom environment that correlate strongly with successful implementation of strategy. One such is that the strategy is ‘vision led’; another, which should be obvious to firms but apparently is not, is the integration of risk management procedures (for example, asking and answering ‘what-if?’ questions) in both strategy development and implementation. This of course requires quantitative modelling of the supply chain as well as the ability to challenge established thinking. A third factor with a very strong positive correlation to successful implementation is the systematic tracking of benefits gained. If benefits are not tracked no one knows whether the implementation is succeeding or not. It appears that in too many companies benefits are only properly assessed towards the end of the process, by which time it may be too late for remedial adaptation. Adaptation is the positive ability to remain relevant, dynamic and agile 1. Success levels increase when the Vision Led vs Success supply chain strategy is vision led Benefit tracking vs success 2. Strong correlation between ben4.0 4.5 3.5 4.0 3.0 3.5 3. Adaptation based on sensing and incorporating changed conditions is an important lever for success 3.0 2.5 2.5 2.0 2.0 1.5 1.5 success success efit tracking and successful delivery 1.0 0.5 0 1 (not at all) 2 3 4 1.0 0.5 0 5 (fully) 1 (not at all) vision led N: 237 2 3 4 5 (fully) degree of benefit traking combined Stage one and Stage two results Increasing board involvement Increasing board involvement Adaptation vs success 4.5 4.0 3.5 3.0 2.5 2.0 1.5 success Supported by the research is a correlation between the ability to adapt during implementation of the strategy and ultimate success. More starkly illustrated by the research is the huge negative impact of a failure to adapt. Workshop discussion has revealed some of the background: although the majority of companies see adaptation as the positive ability to remain relevant, dynamic and agile, there are some where ‘changing the plan’ is seen as a sign of weakness or an admission of past error. N: 222 1.0 0.5 0 1 (not at all) 2 3 4 5 (fully) degree of adaption combined Stage one and Stage two results N: 225 Increasing board involvement Richard Wilding, Professor of Supply Chain Strategy at Cranfield School of Management, notes, “Some might say that you can not have a strategy that is being changed on a continuous basis. But, if you have got the right vision you can start to have adaptation occurring. Clarity of vision, or being ‘vision led’, means that you know what you want to achieve and that enables you to change things as they occur – you are still aligned to that vision.” Clarity of vision, or being ‘vision led’, means that you know what you want to achieve and that enables you to change things as they occur Professor Richard Wilding, Professor of Supply Chain Strategy, Cranfield School of Management 9 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap The significance of Collaboration and benchmarking Other factors that can be influenced by the Board and which correlate positively with success may be bundled together as ‘co-operation’ or ‘openness’. Cross-functional involvement is important, not just across the supply chain functions - an issue which appears to be being addressed by the wider portfolios of Board level supply chain representatives - but with marketing, sales, finance, IT and other functions. Similarly, the involvement of external actors is valuable and these may include customers, suppliers, and third party service providers. This implies that Supply Chain is to be regarded as a process, not just as a function. However, there are limits to ‘openness’ and this has emerged as an important finding, self-generated by the research (it was not one of the original questions). Cross functional involvement vs success 4.5 4.0 3.5 3.0 2.5 2.0 1.5 success This is that sharing learning with, and benchmarking against, other companies’ strategic processes generates the most successful outcomes of all. Companies really struggle to find sources of information on what has worked and what has not for other companies - either in terms of overall strategy development and implementation processes or the building blocks thereof. The findings may be interpreted as a ‘plea for help’ and it could be construed that there is a need for a ‘marketplace’ in which supply chain professionals can benchmark and share learning. 1.0 0.5 0 1 (not at all) 2 3 4 5 (fully) degree of cross functional involvement Stage two results N: 113 Increasing board involvement Higher levels of Cross functional involvement correlate well to successful outcome 10 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap -Supply chain strategy implementa- Success of Supply Chain strategies implementation tions are not straightforward -Very few supply chain strategy Smooth implementation on time&budget implementations run smoothly and to time and budget -A substantial number incur signifi- Minor problems cant implementation difficulties Significant problems Severe problems Met resistance/abandoned plans 0% 10% 20% 30% 40% 50% N: 181 Need for radical improvement in achieving successful implementation of strategy Although the more recent work suggests some modest improvement, the primary research reported only two per cent of supply chain strategies having been smoothly implemented on-time and to budget. 61 per cent encountered either ‘significant’ or ‘severe’ implementation difficulties and a further seven per cent of strategies were abandoned completely. (Note that these figures reflect the success or otherwise of implementing the strategy – how well the strategy worked for the business is a different, unasked, question). People barriers are much higher than Technical barriers People barriers are much higher than technical barriers Type of barrier Quotes from survey participants: 20% Technical issues 80% 13% Deliver N:181 People issues Sum of scores for people related vs technical related barriers Prof. Alan Waller, who has been involved in over 50 supply chain studies globally notes, “Change is difficult, and strategic change is very, very difficult”. The supply chain’s success rate may not be significantly worse than that of other areas, such as major IT implementations, and strategies for end-to-end supply chains typically include 50 per cent or more of functionality that is externally provided and over which the supply chain director has little direct control. Nonetheless, the figures beg questions not only about the complexity of the issues but, perhaps, about the immaturity of the profession and its impact on ‘No technical barriers or restraints, the issues are around change management. The situation is improving with implementation successes which feed to accelerate the implementation process.’ ‘The main constraint is the speed of change. We reckon that we are not very good at change management - the culture doesn’t let us be fast enough.’ 11 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap the value chain. The supply chain’s ability to resolve purely technical issues is undoubtedly improving. There are still significant barriers in terms of data and information quality, the way and extent to which it is exchanged, as well as the ability to detect and act on signals (especially demand signals). There are also a host of other issues which are essentially managerial, even cultural, rather than technical. Asked to rank a list of potential barriers to success, companies identify as top key barriers: Company culture, lack of leadership from senior management, and lack of information along the supply chain. In round terms the barriers to success are 80 per cent ‘people’ and just 20 per cent ‘technical’. Behavioural models reflect corporate maturity “Separating strategy formulation from execution does not work and can be harmful.” Dr Pietro Micheli, Cranfield School of Management The research findings suggest a series of behavioural models that describe the typical characteristics of companies on a continuum ranging from those with little or no capability to adapt their strategies, which themselves are reviewed at long intervals or on an ad-hoc basis, to those who are continuously reviewing and adapting their strategies. Companies who see supply chain as a major source of business improvement should strive to move from the former towards the latter. At what might be termed the least evolved level ‘developer/maintainers’, they typically update strategy infrequently if at all, and ‘when it’s done, it’s done’. They are inflexible and resistant to change and modification. The strategy is likely to be oriented around specific business cases for investment, in assets, infrastructure, and IT, and as a result the strategy can become misaligned with other business plans and market requirements. Developer/ Maintainers 12 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap There is a real risk of creating technical solutions that are not appropriate - rigid automation, bespoke IT systems, distribution centres and other facilities that cannot be altered in terms of scale or geography. ‘Reviewer/Reactor’ companies typically hold regular, but infrequent, strategic reviews and are largely reactive: updates and changes are typically triggered by significant internal or external events. There may well be some degree of cross-functional involvement, and use of external resources, but this is likely to be unsystematic with a lack of structured or formal processes. Reviewer/Reactor Routine Continuous 4 3 2 Ad hoc Supply Chain Strategy Development Four emerging behavioural models towards Supply Chain strategy and execution 1 Increasing board involvement No adaptation 4 Innovator / Adapter 3 Anticipator/ Evolver 2 Reviewer / Reactor 1 Developer/ Maintainer Continuous adaptation Supply Chain Strategy Execution Source: Solving Efeso ‘Anticipator/Evolver’ companies do enjoy a comprehensive vision of their supply chain strategy goals and take an evolutionary approach to execution. There will be crossfunctional accountability (not just responsibility) for delivery, and an update process on at least an annual basis that focuses both internally and externally. Such organisations will often use scenario modelling and other tools to ask ‘what if?’ questions and thus build into the strategy the flexibility to accommodate a wide range of potential internal and external disruptions. Risk management, in its widest sense, is an integral part of the planning and execution process. Anticipator/Evolver At the highest level of maturity are ‘Innovator/Adapters’. These companies are driven by innovation and so the pace of change is often very fast. A continuous strategy review process is an integral part of the wider business planning cycle, and this will be informed by sophisticated methods for sensing and anticipating change in the external environment. Often this will involve collaboration with external partners where possible. This high level of activity may well be supported by dedicated strategy review and continuous improvement resources within the organisation, even if external advice and consultancy is also sought. Innovator/Adapters It is recognised that this last model is not necessarily suitable or achievable for every supply chain – the rates of change, investment cycles and achievable speeds of implementation in, for example, heavy engineering is very different from that prevailing in consumer retail environments. Nonetheless, the research is unequivocal that high performing organisations tend to conform to the ‘Anticipator/Evolver’ or ‘Innovator/Adaptor’ models. An interesting observation emerging from company interviews is that those firms with ‘Innovator/Adaptor’ characteristics have often survived some major crisis or ‘wake-up’ call in the recent past, which has rendered them less complacent and more aware of the need to sense the external environment, which they do through customers, suppliers and the marketplace in general. Such organisations seem to have a DNA or cultural 13 Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap mindset that is less complacent and arrogant, and more agile and adaptive, not only to dangers but also to opportunities. They will have created and nurtured the ability to communicate the strategic vision, engage with people, organise the execution of the strategy and translate the strategic goals into practical action at the operational level. New ‘skills set’ for supply chain directors Cross-functional involvement in Supply Chain strategy Supply Chain Accountable Operations Responsible Procurement Consulted Finance Marketing IT Department The Supply Chain strategy process is highly crossfunctional with several functions at least consulted Strategic planning HR R&D Employees reps 0% 20% 40% 60% 80% 100% N: 181 Planning and implementing a successful supply chain strategy requires, as we have seen, the active involvement of the whole Board. Nonetheless, the process will necessarily be led by the senior supply chain representative on the Board. To succeed in this environment the research suggests that supply chain leaders of the future will need different skill sets. The traditional profile of a supply chain manager is one with a technical, analytical background focused within a single discipline or function. Based in an environment of current and historic fact, he or she is not trained to consider or challenge forwardlooking commercial plans and therefore has at best, limited involvement in business and commercial strategies. Typically, ‘cross-functional’ activity focuses more on mastering the IT system than on true communication. Clearly, these traditional skills do not fit the profile required of a supply chain director in a more mature corporate environment. The individual the supply chain needs there will be a strong communicator with the gravitas to be an equal – one suited to identifying and creating collaborative advantage. They will be multi-disciplinary, understanding and informing corporate and customer-centric strategies. They will be led by a clear vision, but able to make practical and pragmatic decisions; conversely, they will be able to deal with ambiguity and ambition without losing sight of the hard facts. Increasingly they will need to deal with, and influence, a range of global, regional and local cultures and leadership styles. These are attributes that exist in what is often termed the T-shaped manager. Such creatures do exist, in increasing numbers – a trend perhaps reflected in the increasing level of Board representation and the widening scope of responsibility revealed by the research. But on their own such supply chain leaders are not enough: the Cranfield/ Solving Efeso research reveals what the whole Board must do to assure the successful planning and implementation of supply chain strategy. T-shaped manager, multidisciplinary, understanding and informing corporate and customer-centric strategies Solving Efeso White Paper | Supply Chain Strategy in the Boardroom – The reality - Closing the implementation gap Avoiding the ‘poison chalice’ Given that the statistics revealed in this report point to a 50/50 chance of “success” or “failure” for a supply chain implementation, there can be little wonder that supply chain transformation is widely seen as a ‘poison chalice’ for the Board level sponsor. With high levels of capital expenditure commonly associated with such projects and the scale of structural and organisation change that is often involved, the stakes are high - and yet, the odds are merely balanced. It is, therefore, critical that supply chain professionals address the root causes of failure. Making sure that the odds are stacked in their favour will require close adherence to the ten key ‘Get Rights’ listed here. Methodology A structured questionnaire was sent to circa 2000 senior logistics and supply chain executives in various parts of the world to understand how real-life Boards at business level organise themselves to consider Supply Chain Strategy – how they plan, implement and revise their strategies, and what factors in the boardroom tend to influence the success or failure of the strategy. 181 complete responses were received between July and November 2009, and these responses were analysed and key themes were identified. After this a number of one-toone interviews with survey participants were done to further understand meanings behind some responses. The consolidated findings were then published in a Stage1 report and emerging results were discussed in workshops to capture experience and point of view from workshop participants. In 2011-2012 the Stage2 survey was updated to track how organisations are evolving their management thinking and practices around the development and implementation of Supply Chain Strategy. Acknowledgements We thank all the participants who completed the questionnaire as well as those who gave their time for the interviews. We also thank all other members of the teams at Cranfield and Solving Efeso who were involved with this research for their significant efforts to make this report. For further information, please contact: Clive Geldard, Group Vice President, Retail and Supply Chain, Solving Efeso. Phone: +33 1 53 53 57 00, mail: clive.geldard@solvingefeso.com Steve Mayhew, Principal Consultant, Operations strategy and Supply Chain analytics, Solving Efeso. Phone: +44 (0)1606 33 11 22, mail: steve.mayhew@solvingefeso.com Prof. Alan Waller OBE, Vice President Supply Chain Innovation, Solving Efeso. Visiting Professor, international Supply Chain management, Cranfield School Of Management. International President, the Chartered Institute of Logistics and Transport. Phone: +44 (0) 7802 170 507, mail: alan.waller@solvingefeso.com Prof. Richard Wilding, Professor of Supply Chain Strategy, Cranfield School Of Management. Phone : +44 (0)1234 751 122, web: www.richardwilding.info, mail: r.d.wilding@cranfield.ac.uk web-site: www.solvingefeso.com www.som.cranfield.ac.uk/som/lscm 14 Solving Efeso brings strategic, operations and change management capabilities in one integrated team. The company offers proven methods and proprietary techniques to deliver a truly world class performance in strategy execution and operations. Solving Efeso brings 30 years’ experience and thought leadership from across the retail and fast moving consumer goods value chain, supporting many of the leading global brands in both mature and emerging markets. Solving Efeso is a Group of some 350 experienced consultants representing more than 25 nationalities. It operates from over 20 offices around the world with a strong presence in Europe, USA, South America, Middle East, Africa and Asia. An international scope and local delivery capability ensures that clients have access to the specialist skills they require whether at national, regional or global levels. Head office: 117, avenue des Champs-Elysées 75008 Paris, France Phone +33 1 53 53 57 00 Cranfield School of Management Cranfield, Bedford MK43 0AL United Kingdon +44 (0)1234 751 122 www.solvingefeso.com www.cranfield.ac.uk Solving Efeso White Paper Solving Efeso Offices. Abu Dhabi Atlanta Barcelona Berlin Budapest Buenos Aires Cairo Copenhagen Dakar Delhi Geneva Gothenburg ‘s-Hertogenbosch Istanbul Lisbon London Manchester Milan New York Paris São Paulo Seoul Shanghai St. Petersburg Stockholm Supply Chain is now at the forefront of business, satisfying customer needs and delivering top line growth. This survey highlights the changing role of supply chain and that of supply chain leaders. It demonstrates the need for a revised set of skills and leadership behaviours if future supply chain managers are to succeed. ISBN 978-1-907413-16-2