Vision and Strategy Workshop Creating the vision…….as a team © The Delos Partnership 2007 page 1 Building a vision •What do we believe •Why do we exist ? -> think 100 years Core Ideology •Core values •Core purpose •Become a $ 125 billion by year 2000 – Walmart Envisioned Future •“Crush Adidas” - Nike •10-30 year BHAG •Vivid Description Core Values • Being A pioneer – Sony •Creativity and dreams – Disney Core Purpose © The Delos Partnership 2007 •To experience the emotion of competition - Nike page 2 •To experience the joy of advancing technology - Sony Change Management Opportunities & dangers History Actual Status +&- Strategy Action Action plan plan From: The Art of Visioning, Michael Doyle Michael Doyle Associates © © The Delos Partnership 2007 page 3 Obstacles Initial energy & myths Vision Starting the change 1. 2. 3. 6. 7. © The Delos Partnership 2007 page 4 Future environment Initial energy & myths History Obstacles 4. 5. Where are we now – strengths and weaknesses What are our values – based on where we have come from What is our future – trends, risks and opportunities Where do we want to be in 5 years time What is our strategy – game plan for getting there What are the obstacles to achieving that vision What is our plan for getting there ? Opportunities Actual & dangers Status Strategy +&Actio Actio n n plan plan Vision Where are we now ? Potential Market entrants Suppliers Today’s Market and competitors Customers Potential Substitute Products And services Porter : A model for understanding the strategic environment © The Delos Partnership 2007 page 5 Where are we now ? Strengths Why ? Weaknesses New competitors • • • • Substitute products • • Customers • • • • Suppliers • • • • • • Actual Status +&- © The Delos Partnership 2007 page 6 Why ? Our values • • • Values support a community with which one wants to identify They are shared and understood by everyone – genuinely They help protect and create the common good They are built up from • History, the founding energy – example • The culture of the business – potential • Views of the future - hope © The Delos Partnership 2007 page 7 Initial energy & myths History Examples of Values Nordstrom • Service to the customer above all else • Hard work and individual productivity • Never being satisfied • Excellence in reputation; being part of something special Walt Disney • No cynicism • Nurturing and promulgation of “wholesome American values” • Creativity, dreams and imagination • Fanatical attention to detail • Preservation and control of Disney Magic Sony • Elevation of the Japanese culture • Being a pioneer – not following others: doing the impossible • Encouraging individual ability and creativity © The Delos Partnership 2007 page 8 Our vision “I find what is most important in this world is not so much where we are, rather it is where we are going to” – Oliver Wendell Holmes “Imagination is more important than knowledge, as knowledge shows us we are, whereas imagination shows us where we might be” – Albert Einstein "If you can dream it, you can do it. Always remember this whole thing was started by a mouse” Walt Disney © The Delos Partnership 2007 page 9 An Alice in Wonderland World? “Cheshire Puss” – said Alice – “ Would you tell me, please, which way I ought to go from here ?” “That depends a good deal on where you want to get to” said the cat. “I don’t much care where, so long as I get somewhere” said Alice “Then it doesn’t matter which way you go” said the Cat. © The Delos Partnership 2007 page 10 Vision examples “ I believe we possess all the resources and talents necessary. But the facts of the matter are that we have never made the decisions or marshaled the resources required for such leadership. We have never specified longrange goals on an urgent time schedule, or managed our resources and our time so as to insure their fulfillment. I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to earth” © The Delos Partnership 2007 page 11 Vision examples “ I have a dream that one day this nation will rise up and live out the meanings of its creed; ‘We hold these truths to be self evident, that all men are created equal’” “You ask, what is our policy? I say it is to wage war by land, sea, and air. ….You ask, what is our aim? I can answer in one word. It is victory. Victory at all costs - Victory in spite of all terrors - Victory, however long and hard the road may be, for without victory there is no survival. Come then, let us go forward together with our united strength." © The Delos Partnership 2007 page 12 Brainstorming What do we as a team think should be the Vision for Land Instruments ? • Where in 2010 ? • What in 2020 ? © The Delos Partnership 2007 page 13 The current environment Brainstorming workshop session © The Delos Partnership 2007 page 14 Our future prospects Dimension Trends Threats Market Customers Competition Technology Products Threats And Opportunities Environment © The Delos Partnership 2007 page 15 Opportunities Our actions Dimension Strengths Weaknesses Market Customers Competition Technology Products Strengths And weaknesses Environment © The Delos Partnership 2007 page 16 Actions Our vision is … © The Delos Partnership 2007 page 17