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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™?
•
•
•
•
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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
•
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•
Global, maturing industry (-)
Legacy of top-down decisions (-)
Strong product and engineering talent (+)
Strategic “reset” needed (new business
strategy)
Strategic Offsite
•
•
•
•
•
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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
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