developing resilience in challenging conditions
TRANSCRIPT
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Developing resilience inchallenging conditions
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Copyright © 2008-2015 Celemiab Systems AB and C³ Services Ltd. All rights reserved.
Developing resilience in challenging conditions
To create value and long-term success business models need to be resilient enough to deal with the inevitable shifts in the external environment.
This means that everyone must understand how to stay focussed on the critical issues by thinking and acting decisively.
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The need for resilience
There are no right answers…
But you can practice decision making and rehearse the future to improve your chances of success.
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“The message is clear and to the point – if we don’t sell what the customers want, we’re out of the game.”
“Nothing is constant in the world around us. We need to review our strategy frequently, and keep finding new ways of making money.”
CEO of Nohau, European system development provider
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A clear process can help
Copyright © 2008-2015 Celemiab Systems AB and C³ Services Ltd. All rights reserved.
Because good decisions are like good costs they will enhance yourbusiness. Bad decisions are like bad costs they could destroy it.
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Your assignment
Copyright © 2008-2015 Celemiab Systems AB and C³ Services Ltd. All rights reserved.
• Working with a team of colleagues your first task will be to assist the management of Fenix to restore profitability by getting the basics of the business right.
• Having done so you will then need you pave the way to future success by deciding how Fenix can differentiate its offer from its competitors and then pitch for and win contracts that are right for the business going forward.
• Only by choosing a successful market strategy will you be able to meet or even exceed your profitability goal.
This is the scenario:
A fictitious company Fenix has reached a cross roads and needsto take key strategic decisions that will be crucial to its continued ability to both make short-term profit and create long-term value
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Work as a team
Around the simulation board, analyse the available information, and make your decisions.
How will your decisions compare with the other teams in the room and what have they been learning? The facilitator will guide you.
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• Reflect on the progress that you are making toward your goals.
• How has it been affected by your ability to work together?
• Capture any learning as you go.
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Conceptual themes
Customer strategy
Value-added services
Customer needs and preferences
Customer intelligence
Customer segmentation
Targeting preferred customersMarkets
Differentiated market strategies
Market intelligence
Operations efficiency
Organizational structure
Supply chain
Market strategy
Competition profiling
Ways of strategizing – customer- vs.
competition focus
Growth and sustainable profitability
Securing cash flow
Creating long-term value
Offering
Product lifecycles
Disruptive technologies
Sustainability
Lean production
Copyright © 2008-2015 Celemiab Systems AB and C³ Services Ltd. All rights reserved.
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The Workshop at a glance – the flow
A case story in three chapters
The challenge - Getting the basics right
Evaluating the market conditions:
What are you up against?
What decisions need to be made, to be profitable?
Adding value – Creating the competitive advantages
Analyzing customer information and
determining needs:
Which customer segments are most profitable –
in the short run and in the long run?
How can you add value to your offer, in order to meet
the needs of your targeted customers?
Winning the business – Going for the right customers!
The strategy meets reality:
Did you win the customers you intended to?
How profitable was your market strategy – in the
short run and in the long run?
Copyright © 2008-2015 Celemiab Systems AB and C³ Services Ltd. All rights reserved.
Duration one half to a full day
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Participants are enabled to be better decision makers in response to business challenges through:
• Understanding the key features of a marketplace and how they affect strategic decision-making
• Understanding the value of analysing customer needs in order to create the most profitable offering
• Understanding the different principles behind market strategies and what they can mean in practice (customer focus vs competition focus)
• Simulating strategic decision making and analysing the outcomes• Understanding your own organisations burning issues and the
way forward
Benefits – What the business gains
Copyright © 2008-2015 Celemiab Systems AB and C³ Services Ltd. All rights reserved.
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Contact:
Steve Hemmings
+44(0)7768 158576
Centrepiece is a Celemi Partner
www.celemi.com
For more information
“Knowing what you want to
achieve is one thing…
…knowing which buttons to
push is quite another.”
Copyright © 2008-2015 Celemiab Systems AB and C³ Services Ltd. All rights reserved.