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Developing

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Balances Strategic Thinking with Strategic Action ... results because they are mind-numbing detailed, lack flexibility and produce ... – PowerPoint PPT presentation

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Title: Developing


1
Developing Implementing Strategy
2
The VisualConnect Process
  • VisualConnect is a rapid strategy development
    and implementation process that
  • Balances Strategic Thinking with Strategic
    Action
  • Many planning processes fail to deliver
    results because they are mind-numbing detailed,
    lack flexibility and produce 50 page documents
    that end up in bottom drawers.
  • VisualConnect produces a one-page-plan and
    sets up the action-learn-action cycle so that an
    organisation can rapidly adapt to their changing
    environment

3
Why Rapid?
  • The world is changing so rapidly that by the
    time you map an external environment, it has
    changed. The only option is to jump in!
  • An example
  • Apple took 4 months to develop and release
    iTunes and only 9 months to develop and release
    the iPod. Sony, the incumbent owner of portable
    music, took 4 years to respond effectively.
    Meanwhile, Apple captured nearly 70 of the
    international market and 90 of the Australian
    market!
  • Successful organisations are responding to
    speed with speed.
  • VisualConnect is designed to be a flexible
    strategy development and implementation process
    to cater for fast moving environments.
  • Today everything is a fast moving environment

4
Operationalising Strategy
  • Many organisations have strategy planning
    events that remain disconnected from the
    day-to-day operation of the business.
  • An example
  • A major Australian wine company saw the
    success of wine coolers in the USA market. They
    researched its potential in the Australian market
    and made several strategic plans, but did not
    act. Meanwhile two guys in a garage started
    bottling wine coolers and entered the market
    first and several years later sold for millions
    of dollars. The major wine company finally
    entered the market 45th!
  • VisualConnect galvanises an organisation
    around acting on ideas quickly and learning
    quickly. We call this operationalising
    strategy.

5
How does the process work?
  • The steps are
  • Briefings on your organisation and its current
    positioning
  • One day workshop with the key people in the room
    (up to 50 people) which develops the
    one-page-plan capturing
  • How your organisation needs to be positioned in 3
    to 5 years time
  • Scorecard to measure success
  • Pathways to get there
  • Next 12 months milestones
  • Development of the 90 Day initiatives
  • Capturing the one-page-plan and initiatives on a
    web application called LunarChart (secure
    anywhere anytime access to your plan)
  • Formal 90 day roll over process where the
    learnings are used to recalibrate the next 90 day
    set of initiatives
  • Training of an internal facilitator to continue
    the 90 day process

6
Investment in Strategy
  • Is VisualConnect an expensive process to
    implement? Consider
  • How much you spend on accounting for the
    past? ie. variance reports, annual reports,
    compliance reports, audits
  • How much you spend on defining and creating
    your organisations future?
  • Which investment is going to have more of an
    impact on your organisations success?
  • VisualConnect is one of the most cost
    effective approaches to visualising and acting on
    creating your organisations future

7
Your Strategy Facilitator
Kevin Nuttall, Director of Waterfield Consulting,
a consultancy with clients in Australia, New
Zealand, Singapore, Hong Kong, South Africa, USA,
Dubai and the UK. Strategy Facilitator with more
than ten years experience in working with Boards
and Senior Management teams to develop and
implement organisations strategies.
Our clients are diverse and include Melbourne
Docklands, MBF, Jones Lang LaSalle, Standards
Australia, FPA Health, Perot Systems, Morgan
Banks Investment, General Pants, Sportscraft,
CPA Australia, City of Melbourne, CGU Insurance,
CSIRO, Property Council of Australia, Serono,
NSW Food Authority We enjoy long client
relationships spanning, in some cases more than
ten years.
8
Specialists in gaining commitment and action
Contacts
Kevin Nuttall knuttall_at_waterfield.com.au Mb
61 414 239 304 Maureen Ngan
mngan_at_waterfield.com.au Mb 61 404 874 756
9
The best way to predict the future is to design
it Kevin Nuttall - Developer of VisualConnect
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