making the strategy happen may21972 organizational a change in action badm 466 2007
TRANSCRIPT
Making theStrategy Happen
May21972
Organizational A Change in Action
BADM 466 2007
Agenda
Company’s Background
IBM
The past chemical spills from manufacturing plants and employee exposure to carcinogenic chemicals.
E-waste hall of shame Not committed to remove chemicals from
products Lack responsibility of save recycling Disposal of products
Business specific competencies Growth enabling skills
› Making acquisitions, financing, risk management deal structuring, regulatory management and capital productivity enhancement
Privileged assets› Brands, networks, infrastructure, information
and intellectual property, people skills and company processes
Special relationships› Pool skills, focus on competencies – SAP with
hardware IBM, Compaq, etc. and systems consultants: Ernst & Young
To Play To Win
May21972
SWOT Analysis
Strengths Opportunities Identify company weaknesses. Identify threats facing the company.
Internal drivers› Lawsuits from employees› IBM products quality control› Superfund law
External macro level drivers› Competition› Reputation› Consumers’ concerns
Technology
Key ImplicationsFor Us Supply
Demand
Competition/New Entrants
Compelling Reasonfor Change
May21972
Change Vision
May21972
Current vision New change vision
“Making The Strategy Happen” Requires Three Types of Initiatives:
Top Down
Bottom Up
Cross Organizational
May21972
Not steps zigzagging all over the place, but a distinctive pattern or “foot print” in the form of a staircase of manageable steps
1st steps secures an option on an opportunity, & shows promise, next steps test the concept further & help accumulate the confidence and skills for more steps
Single steps are dramatic in and of themselves, linking them together as a staircase of sequential growth achieves results
Strategy Growth StaircaseTowards Our Vision
Measurement criteria
$ million etc2007
Measurement criteria
2008 2009 2010 2011
Measurement criteria
Measurement criteria
Measurement criteria
Vision
May21972
Indicate Major Areas to be addressed each year
Goals for first year of the 5 year plan.
Break down the first year plan into 4 quarterly themes and initiatives.
Identify goals, measurements and short term wins for each quarter.
Engage widely.
2009 Theme:
Stock: $Customers: million
May21972
Vision
Use copies of this slide on a year by year basis
Show effect on various indicators
2010 Theme:
Measurements
May21972
Vision
2011 Theme:
Measurements
May21972
Vision
2012 Theme:
Measurements
May21972
Vision
2013 + Theme:
Measurements
May21972
Vision
Communications Plan
May21972
Website Press release
Outline costs of major initiatives Outline benefits….. Create a compelling business case
Major Risks to organization Risks of not implementing the plan Risk mitigation strategies
