A good plan, executed now, is better than a perfect plan next week." - General George S. Patton, Jr. Summary Presentation- New York, Washington and Phoenix Global Leader Audiences March 7-21, 2014 “Next Practices” in Strategy, Leadership and Alignment Scott Hamilton Managing Director, NextWORKS™ Agenda Why you are now in charge of business strategy…and how you can make it more relevant How do you (re) build your personal and company brand to make yourself indispensable to your company & customers (VITAL formula) How do you align your workforce, customers and markets to where you are going and what is most important to you in 2014? Executive Next Practices Institute C-Suite Leadership Forums . Executive Next Practices Institute April 4, 2014 Part 1- Turning Regulatory Compliance . to Profit Part 2- Building Your Executive Brand www.enpinstitute.com 2014 Organizational Trends • Flat Army • Technology displacement (virtualization) • Creative destruction/disruption • Global mindset- local application . . The OPPORTUNITY 2/3 of corporate strategy is never executed Of 2,000 large firms studied, 90% had detailed strategic plans, but 7 out of 8 failed to achieve profitable growth - AICD (Bain Consulting) MRI™ - Audit Best Practices Next Steps Q&A 7 Creative destruction Movie Industry- No more “Film” cameras? Uncovering Next Practices 1. What might be the optimum way this activity might be accomplished? 2. What is the delta (gap) to the way we do it now? 3. How do we innovate and adapt to the new way? The Issue For a leader, success or failure is made in the first 100 days. Project, role, assignment, initiative Are you VITAL™? • • • • • Valuable Impactful Transparent Adaptable Leveraged Dictionary: vital • 1. absolutely necessary or important; essential. • synonyms: essential, of the essence, critical, crucial, key, indispensable, integral, allimportant, imperative, mandatory, requisite, urgent, pressing, burning, compelling, high-priority, life-and-death, of the utmost importance, utmost More "it is vital that action be taken soon" • • • • synonyms: major, main, chief; More essential, necessary • : • 2. full of energy; lively. • • "a beautiful, vital person" synonyms: lively, energetic, active, sprightly, spry, spirited, vivacious, exuberant, bouncy, enthusiastic, vibrant, zestful, sparkling, dynamic, virile, vigorous, lusty, hale and hearty; More Next Practice – Virtual Assistant Case Study • Executive Branding – Blog Site (Before) Next Practice – Virtual Assistant Case Study Executive Branding – • www.scotthamiltonnext.com Which Talent Strategies Work? ELIMINATE Star Performers Animal shows Aisle concession sales Multiple show arenas REDUCE (Family audience to targeted adult entertainment) Fun & Humor Thrill and Danger Raise Unique Venue Create Theme Refined environment Multiple productions Artistic Music and Dance Next Practices Strategy ExampleManufacturer of High-end Printers • • • • Global, maturing industry (-) Legacy of top-down decisions (-) Strong product and engineering talent (+) Strategic “reset” needed (new business strategy) Strategic Offsite • • • • • • Facilitated 4 day session over 60 day period Business strategy, not just talent, developed Entire executive team Highly collaborative format 3rd party preparation and facilitation Fast paced and “conclusional” Moving Beyond the CORE Market Value Improvement Next Practice Strategy • Market value proposition re-examined (stopstart) • Customer perspective validated • Team capability- collaboration and execution behaviors developed • Business strategy revamped • Executive team on 100 day plan- personal effectiveness tied directly to new strategic direction • 100% Board Approval Table Collaborations • Examine the Next Practice impact questions at your table • Facilitator for each group • Assign a recorder • Feedback to general session in summary statement of a potential “Next Practice” Align Everyone to Your Human Resources Initiatives Where are we going? Map the Ideal Future for clarity and to build “collective passion” Tap the internal Collective Market IQ Engage – people must “experience” what it is you want to them to support and do Communicate Your Vision . Engage Internal Employees to the External “Experience” Measurable employee commitment, productivity and innovation rise in direct proportion to how they experience an activity. Measure What Matters Line of site metricsto marketing initiatives Conviction and Action • Next steps• Executive Brand Workshop for your team100 day assimilation & plan “Next Practices” Offsite or Onsite Strategy Session www.enpinstitute.com 888.857.9722 info@enpinstitute.com Scott Hamilton