Future Trends, Strategy and Change Management - keynote for BASF

Post on 30-Oct-2014

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How to make change happen. Secrets of rapid change management, leadership, motivation and team development. Key trends for chemical companies such as BASF Care Division. Lessons from green tech innovation, pharma problem solving, technical manufacturing challenges, process innovation, customer relationship management.

Transcript of Future Trends, Strategy and Change Management - keynote for BASF

Dr Patrick Dixon Chairman Global Change Ltd

Accelerate  Your  Future  How  to  respond  to  key  trends,  

develop  strategy  and  change  rapidly  !

Keynote  for  BASF  Care  senior  leaders  -­‐  change  management,  strategy  and  key  trends.  

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Patrick  Dixon  is  Chairman  of  Global  Change  Ltd  and  has  been  ranked  one  of  20  most  influenKal  business  thinkers  alive  today  (Thinkers  50)  

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For  hundreds  more  presentaKons  and  arKcles:  hQp://www.globalchange.com  Over  5  million  video  views:    

hQp://www.youtube.com/pjvdixon  

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ALL      BIG      TRENDS      ARE      RELATED  !

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How  are  compeKtors  also  planning  to  change?  !

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75% of change management programmes fail to deliver

“….not  because  leadership    don’t  adequately  address  infrastructure  process,  or  IT  

issues,  but  because  they  didn’t  create  the  necessary  groundswell  of  support  among  employees”  

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PricewaterhouseCoopers  research  2007

Who  cares  about    the  new  strategy?  

Why  should  they  change  ?

All  effecKve  leadership  comes  from  powerful  

VISION  of  a  much  beQer  future

ONE  WORD  will  drive  the  

future  

• Click  to  edit  Master  text  styles

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Strategies and change management

programmes often overtaken by events

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Teams often resist change because “it will probably be changed again”

Boom

Bust

Shale gas 33% US supplies

3.3m US jobs $468bn pa + more oil

produced than Saudi by 2020 !

200 years global supply Up from 60 years in 5 years

5  coal  plants  replace  with  gas  =  9000  megawa?s  wind  

57  coal  plants  closed  in  US  in  2012  

Germany  Power  Surplus

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• In  June  2013  -­‐  so  much  wind  and  solar  that  electricity  prices  became  negaKve    

• -­‐  minus  EU150  /  MWhr  !!        (normal  EU50)

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Europe Dying !

4 couples to produce single great-grand child

The future is aboutEMOTION

“Great  customer  experiences”    

80%  lost  in  seconds  

               

EU20,000  Challenge  “4  word  phrase  is  basis    

of  all  markeKng,  moKvaKon,  change  

management  and  leadership”

COST CUTTING

Can be demoralising

Cost  saving  oDen  a  weak  moEvator

Case  Study:  Making  case  for  change

�What  -­‐  big  vision  �Why  -­‐  business  case  �Who  -­‐  leadership  and  responsibility  �How  -­‐  strategic  plan  �When  -­‐  Emed  goals  and  measurable  impacts

Webagility

�Clear vision and understanding of purpose �Clear champion with strong mandate �All stakeholders involved and owning process �Changes compatible with rest of organisation �Changes supported by structure / incentives �Risks understood and properly managed �Operational reliability requires stability �Some negative impact on short term performance is likely

�Clear scope / boundaries �Adequate resourcing / prioritisation �Monitoring / evaluation of progress and impact �Dealing with wider impacts beyond project management

Change  Management

�Business  unit  heads  and  team  leaders  must  feel  in  control  

�Form  coaliEons  �Deal  sensiEvely  with  conflicts  and  egos  �Align  all  bonusable  objecEves  /  targets  �Resist  death  of  genius  by  a  thousand  cuts  �Prove  early  benefits  (ensure  a?ributed  to  changes!)

Dealing  with  Resistance

Build a Better World !individual family community world

60  seconds  opportunity  /  challenge  why  it  really  maQers  pracKcal  soluKon  

next  steps  !

Make  it    HAPPEN  

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RESOURCES !

>500 videos of Keynotes http://www.youtube.com/pjvdixon

Over 5 million views !

Global Trends Website: http://www.globalchange.com

15 million unique visitors