seven essential keys to success · 2016-05-18 · essential keys to success in business aviation...
TRANSCRIPT
7 Essential Keys To Successin Business AviationPRESENTED BY:
Steve Brechter, Gray Stone Advisors
Maintenance Management Conference | Kansas City, MO | May 3 – 5, 2016
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What do you wantYOURS to look like?
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EVERYorganization is different
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As applicable on the
as it is in the
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The
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Essential Keys to
SUCCESS in
Business Aviation
Value CreationMETRICS
Operational& Financial
MODELING
LeadershipDEVELOPMENT
ProcessMANAGEMENT
ALIGNMENT
BENCHMARKING
FleetPLANNING
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Essential Keys to
SUCCESS in
Business Aviation
ALIGNMENT
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Is your organization aBUSINESSPARTNER?
KEY 1: Alignment
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KNOW the businessyou’re supporting
KEY 1: Alignment
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Know theDESIREDOUTCOMES
KEY 1: Alignment
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ALIGNyour efforts
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KEY 1: Alignment
EARN a seatat the table
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KEY 1: Alignment
Essential Keys to
SUCCESS in
Business Aviation
LeadershipDEVELOPMENT
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Surround yourself withCAPABLE PEOPLE
KEY 2: Leadership Development
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LEADERSHIPvs. management
KEY 2: Leadership Development
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Hallmarks ofGREAT LEADERS
KEY 2: Leadership Development
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Great leaders do3 THINGS
KEY 2: Leadership Development
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SetDIRECTION
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KEY 2: Leadership Development
Break downBARRIERS
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KEY 2: Leadership Development
ProvideRESOURCES
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KEY 2: Leadership Development
Brief SELFassessment
KEY 2: Leadership Development
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BriefORGANIZATIONALassessment
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KEY 2: Leadership Development
FITvs. Fitness
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KEY 2: Leadership Development
Do you“KNOW THYSELF”?
KEY 2: Leadership Development
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Essential Keys to
SUCCESS in
Business AviationOperational &
FinancialMODELING
TOOLS
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frequent questions
KEY 3: Operational & Financial Modeling Tools
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WHAThappened?
KEY 3: Operational & Financial Modeling Tools
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What’s going onRIGHT NOW?
KEY 3: Operational & Financial Modeling Tools
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What’s GOINGto happen?
KEY 3: Operational & Financial Modeling Tools
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What ACTIONSreally impact outcomes?
KEY 3: Operational & Financial Modeling Tools
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Be PROACTIVEnot reactive
KEY 3: Operational & Financial Modeling Tools
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Key financialMEASURES(for profit entities)
KEY 3: Operational & Financial Modeling Tools
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Key financialMEASURES(cost centers)
KEY 3: Operational & Financial Modeling Tools
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Essential Keys to
SUCCESS in
Business Aviation
Value CreationMETRICS
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“What Gets Measured,Gets Improved”
KEY 4: Value Creation Metrics
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METRICScontinuum
KEY 4: Value Creation Metrics
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How are you providingVALUE?
KEY 4: Value Creation Metrics
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TheIMPACT?
KEY 4: Value Creation Metrics
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Essential Keys to
SUCCESS in
Business Aviation
PROCESSMANAGEMENT
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Do you ever wonder“WHY”?
KEY 5: Process Management
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Why do I move atWARP SPEEDbut get so little done?
KEY 5: Process Management
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PROCESSMANAGEMENThelps you…
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KEY 5: Process Management
It’s Vital in thePOST IS-BAO world
KEY 5: Process Management
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Flight Ops
All other functions
KEY 5: Process Management
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Essential Keys to
SUCCESS in
Business Aviation
FleetPLANNING
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“Failing to planis planning to FAIL”
KEY 6: Fleet Planning
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Plan forCHANGE
KEY 6: Fleet Planning
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Speak the language ofBUSINESS
KEY 6: Fleet Planning
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Use DATAto drive decision-making
KEY 6: Fleet Planning
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BeCONSERVATIVE
KEY 6: Fleet Planning
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Leverage yourCORPORATE PARTNERS
KEY 6: Fleet Planning
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Essential Keys to
SUCCESS in
Business Aviation
BENCHMARKING
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Know the dangers ofbecoming INSULAR
KEY 7: Benchmarking
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Continuously seekBEST-PRACTICES
KEY 7: Benchmarking
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CLEARLY DEFINEbenchmarkingattributes
KEY 7: Benchmarking
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Set priorities basedon yourVISION & MISSION
KEY 7: Benchmarking
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LookOUTSIDE ofbusiness aviation
KEY 7: Benchmarking
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RETURNthe Favor
KEY 7: Benchmarking
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Essential Keys to
SUCCESS in
Business Aviation
Value CreationMETRICS
Operational& Financial
MODELING
LeadershipDEVELOPMENT
ProcessMANAGEMENT
ALIGNMENT
BENCHMARKING
FleetPLANNING
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