eTeRpRiSe tHiNkInGFinal Presentation

GA

Utilizing Enterprise Thinking• What is the most difficult piece of the

assignment?

• Many challenges BUT…

• Career dissatisfaction lead to career transition

• Mixed subjects

– Current job – Sr. Mgr, Strategy, PacificData, financial data/software firm based in Tokyo

– New job – Sr. Analyst, Schlumberger Collection, Tiffany & Co.

Utilizing Enterprise Thinking• Enterprise thinking topics

✵ Redefining –Tiffany & Co.

✵ Alliances – Tiffany & Co.

✵ Choosing projects – PacificData

✵ Nightly time management - Everything

Redefining

“I’m in a transitional phase. I need to fully learn the mechanics of the luxury retail business but ultimately, I want to be in a more creative, project oriented environment and I feel product design and development is where retail strategy originates. This means I need to transition from buying/planning to product design and development.”

Tiffany & Co. Challenge

Statement of Challenge

I would like to transition from assortment and forecasting to product design and

development.

Criteria

1. Is the SOC in present/future tense? YES

2. Is the SOC a challenge or a solution?

CHAL.

3. Is the SOC a truth/fact or assumption?

FACT

4. Is the SOC in line with guiding principles?

YES

5. Is the SOC a problem that could be caused by another problem?

NO

Statement of Challenge

In a reasonable timeframe, I would like to transition from assortment and

forecasting to product design and development.

Criteria

1. Is the Reframed SOC specific or generalized?

Gen.

2. Is the Reframed SOC a positive opposite Not Yet

3. Is the Reframed SOC in the ultimate form? Not Yet

In 18 months time, I should transition from a senior analyst position in

assortment and forecasting to a project manager position in product design

and development.

Statement of Challenge

What would it take to transition, in 18 months time, from a senior analyst

position in assortment and forecasting to a project manager position in product

design and development?

WHAT WOULD IT TAKE?

Scanning• Define job performance goals and benchmarks

• Develop a strategic career ladder

• Master retail formulas/analysis

• Learn and master internal computer systems

• Gain internal/external contacts and advocates

• Ask questions about design and development group

• Forge mentor alliance within the organization

• Develop expertise in Tiffany & Co. archived designs

• Take courses at GIA (Gemological Institute of America) to develop technical knowledge

• Consistently utilize time management and project management tools

Test Solutions

• Small

– Practice project management tool/strategy

– Take GIA introductory courses

– Solicit mentor

• Large

– Take GIA certificate courses

– Be selected for internal GA courses

• IMPLEMENT!

Post Review

• Personal development?

• Knowledge gained?

• Advocates?

• Division profitability/results?

• Promotion?

ALLIANCES

Goal: Seek to forge a Joint Venture (mentorship) alliance with the Vice President of Design and Product Development.

7 Strategic Tools

1. Objectives

2. Strategic

3. Budgeting

4. Controls

5. Financial

6. Human Resources

7. Risk Assessment

Choosing Projects

ProjectsTime(Hrs.)

Impact $ ROIInvstmt

.Priorit

y

Direct Mail Drop 40 85 $500K $1K 1

Develop Aggregation Tool

500 90 $1M $150K 4

Hedge Fund Sponsorship

40 50 $300K $10K 2

Monthly Training Sessions

60 70 $50K $1K 3

Monthly Strategy Presentations

60 60 $100K $0 5

Critical Path Method

ActivityDesignati

onImmed. Pred.

Time(Wks)

Compile targets A None 3

Draft Letter B A 2

Source contact information

C B 1

Develop graphic presentation/format

D A 2

Source printing supplies

E D 0.5

Print F E 0.5

Compile and send G F, C 0.5

Direct Mail Project

The Critical Path

A

B C

D E F

G

(3)

(2)

(2)

(0.5)

(1)

(0.5)

(0.5)

Total Time Required = 6.5 Weeks

Direct Mail Drop Project

(3)

TIME ALLOCATION

Nightly Time Management

Thank Youfor

Listening