get decision v01

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Top decisions

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Terry Morgan, VP Marketing, just provided input on product assumptions

M&A: Should we acquire Qimoto Inc.?

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Qimoto's products have minimal overlap with our own and customers rate them highly. This validates part of the deal rationale. See the customer feedback here.

Joe Baker, CEO, approved Germany, the team's recommended option.

International: Which European market should we enter first?

Great work everybody. The team's solid work and the enthusiasm of the European team gives us a great chance to establish a leadership position.

Corporate strategyBU StrategyM&AInternationalNew businessesProduct innovationCapital projectsTransformationProcess reengineeringR&D budget

Key processes

Capital projects: Expand Asia Manufacturing Footprint

Sarah Jones, VP Manufacturing, completed a milestone 'Open Vietnam factory'.

The factory is up and running. This should give us the cost position to compete.

New business: What businesses should we launch in the next 3 years?

Elena Martin, VP Innovation, created an option 'Solar Control Systems'.

Solar control systems are growing 100% a year. We have the technical ability to offer a compelling solution.

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What businesses should we launch in the next 3 years?

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Set up a new decision:

What do we need to decide?What are our options?Who is on our team?What are the conditions for picking each option?Which should we test before deciding?What do the tests mean?Which option should we pick?How should we execute?

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ObjectivesGet to broader option setBe inclusive not restrictive

ApproachGet people to add options which are a narrative with happy ending. Do not need proof. No assertion that it is valid.Ensure seen as story so not seen as your opinion, biased or unsubstantiated,Not asking for proof and logic behind it.

Let people add options, ability to comment below that People can vote up options [need rolled up viewing?][Also combine/rename?]

NEXT CULL?Need ability to KEEP in an option someone feels strongly about

Strategy: How should we respond to PriceNow, the new low cost competitor?

Started by Terry Morgan, edited by Tracey Jones, Vin Sulha & 3 others

Add option

Optional: Provide a story about what could we do and how it could succeed. Don't worry about facts and logic yet.

Add OptionShort name

Option 1: Launch a low cost product

Have a brainstorm mode until at least 3-5 options, then an assess mode to reduce screens?

We could offer a low price product as well to keep our existing customers, and win back some we lost to PriceNow. We would streamline the production process to make it cost competitive and ensure the cannibalization is manageable.

Started by Tracey Jones, edited by Terry Morgan, Vin Sulha & 3 others

Option 2: Lower our costs so we can match on price

We could take out cost from the product by procuring better and manufacturing in Asia. We could also look at using lower cost selling channels.

Decision stats:This decision was started 2 days agoLatest activity was todayTerry Morgan is the decisionmaker, helped by 7 people

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ObjectivesGet to broader option setBe inclusive not restrictive

ApproachGet people to add options which are a narrative with happy ending. Do not need proof. No assertion that it is valid.Ensure seen as story so not seen as your opinion, biased or unsubstantiated,Not asking for proof and logic behind it.

Let people add options, ability to comment below that People can vote up options [need rolled up viewing?][Also combine/rename?]

NEXT CULL?Need ability to KEEP in an option someone feels strongly about

Strategy: How should we respond to PriceNow, the new low cost competitor?

Add OptionOption 1: Launch a low cost product

Have a brainstorm mode until at least 3-5 options, then an assess mode to reduce screens?

Option 2: Lower our costs so we can match on price

Option 3: Focus on higher end customers

Option 4: Status quo

SelectSelectSelectSelect

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Request alternative options from the team

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get decision v01

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