|
21st Century
Environment Scan |
|
New Strategic Management Concepts
(Planning, People, Leadership, Change) |
| 1. |
Dynamic environment |
1. |
Importance of regular environmental scan - do first |
| 2. |
Desire for clear and broader results |
2. |
Measurement focused - “quadruple bottom line” |
| 3. |
Very complex world |
3. |
Simplicity is key - rule of three/of one |
| 4. |
More competitive environement/drive to commodity/price only |
4. |
Unique position is essential - the right answer does count |
|
| 5. |
Non-linear future environment/major disruptions |
5. |
Ideal Future Vision is place to start, not Current State Assessment |
| 6. |
More demanding customers |
6. |
“Data-based decision making” - planning team with an external customer orientation are key, not just senior management (support jobs) |
| 7. |
More skeptical and less engaged emplyees |
7. |
Parallel Process and large group annual department review meeting - maximum involvement of rest of management/key employees |
| 8. |
More diverse employee culture, background, ethnicity, age and values |
8. |
Glue of core strategies and core values key to Cascade of Planning and Immplementation - with accountability of performance and rewards |
|
| 9. |
Attention span shorter/more “noise” in the world (concept of entropy - all things run down and die) |
9. |
Need for monthly and quarterly progess review meetings and Annual Strateic Review (and Update) - “buy-in and stay-in” are both key |
| 10. |
No one has all the answers or skills - how to make sense fo all the books, fads, theories |
10. |
Leadership development done concurrently with planning and implementation to stay abreast of new concepts and assimilate the learning for us (Corporate-wide Core Competency #1) |
|
| 11. |
“Long term” is nothing without “shorter term” successful implementation and change linked to longer term |
11. |
Create a Strategic Management System and Annual Cycle as a new way to run the business (Corporate-wide Core Competency #2) |
| 12. |
Complexity within all organizations |
12. |
Need Strategic Business Redesign for “watertight integrity” - systems view, understanding, and challenge of change (Corporate-wide Core Competency #3) |
| 13. |
Faster pace of work and life |
13. |
Tailored Strategic Management System to yur unique needs, from “micro” to “quick” to “comprehensive” Strageic Planning |
|
| 14. |
Faster pace and variety of changes |
14. |
Flexibility and agility of implementation are key - “emergent strategies” a way of life (plan is a living, breathing document) |
