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Beacons

My thoughts around organisations, business, strategy, governance and professional matters

Posts tagged strategy
The theory of organisations, management and leadership

Drucker made it clear that leaders, managers, academics and researchers in the fields of organisations, management, communication and change need to challenge the very foundations and assumptions of their work. Roddick said "we went looking for employees, but people turned up instead." The starting points for all organisations are people and values.

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APEC & the business leadership of women

The evidence demonstrates that increasing the involvement of women has markedly beneficial effects on business, both short and long-term. Therefore you would think that Boards and senior management teams striving to do the best possible thing in the interests of the company and shareholders would be clamoring for much greater participation on Boards and in senior management for women.

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Challenging the Unkind Cuts

Budget cuts, especially when they relate to labour cuts, have dramatically unkind impacts on the people in your organisation, their morale, the ability to get the work done. They result in long-term hardship to your people (or former people in the case of labour cuts) and their families, as well as having a broader impact on customers and communities. History tells us that budget cuts are often the beginning of the end for companies, leading to eventual closure, takeover or liquidation.

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The Asian Century - Again

In the Asian century, business as usual is not enough. Because what we know clearly is there isn't a single aspect of government policies and national planning that won't be touched by the great changes to come. Food security and foreign investment, immigration and education, stock market structures and financial regulation, energy policy and environmental standards.

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When "Money Talks" = The Failure Spiral

Various Australian governments, by allowing money to talk so loudly, have put themselves into a spiral where this same pattern is repeated over and over. And each time the pattern is repeated, the cost of fixing it becomes higher and higher. Also each time, it is our values, our lives and the futures we are trying to create that are diminished.

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Scenarios - A thinking and planning tool

Many organisations have failed to see scenario planning as a wonderful method for strategy thinking and planning, yet experience demonstrates that scenario planning produces innovative, practical, inspirational plans that focus on delighting customers and clients.

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A fun way to practice strategic thinking

Find an organisation in the news that is attracting a lot of criticism for an aspect of its performance. Look particularly at those where a lot of people are proposing solutions which have a really common feel to them. Identify some underlying long term issues affecting that organisation and see if you can come up with a different solution to everyone else.

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Thinking is a valuable resource

I remember well the stunned reaction of a senior management team when I presented a detailed strategy and action plan that eliminated my own role from the organisation. Before the presentation, I was seen to be talking to a lot of people at all levels of the organisation, therefore I was plotting. It never occured to any of them I would advise they change the nature of my own position and employ a person more suitable to the needs of the organisation.

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Who makes a good senior management team

There are options for the structure and make-up of senior management teams, which include: * Alignment to the strategic plan * Multiple teams to cover varying leadership areas, with some consistent members on each * Selection based on leadership skills and alignment to corporate values, not just departmental management * Including external people on your management team

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Dear CEO, 11 starting points for creating your communications

All relationships are based on communications, but you don’t just tell things to people, you also listen to them. You do this in your personal and social life, you must do it in your professional life as well. Many organisations are terrible listeners because they confuse the need to listen with the action of failing to take decisions or the perception of lack of leadership. Great leaders listen.

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Dear CEO, is there a difference between internal and external comms?

Your employees do a lot of your external communication, relationship building and reputation creation. And they are very, very credible. They are in essence similar to every other stakeholder and need to hear the same things and be heard in similar ways. If as CEO you want to create relationships with your employees (and you do or you wouldn't be in this position!) then you should really communicate with them in the same vein as every other stakeholder. The tools may be different, but the values, themes, relationships and reputation effects are the same.

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