CSR Asia Summit · 2019. 10. 9. · Slide 1 | ELEVATE | Confidential –Restricted Use | 2019 CSR...
Transcript of CSR Asia Summit · 2019. 10. 9. · Slide 1 | ELEVATE | Confidential –Restricted Use | 2019 CSR...
Slide 1 | ELEVATE | Confidential – Restricted Use | 2019 CSR Asia Summit, Bangkok | #CSRAsia19
CSR Asia Summit
2019 18 September 2019
Bangkok, Thailand
Centara Grand at CentralWorld #CSRAsia19
Sustainability: From Rhetoric to Results
Rethinking the Future – New Approaches to
Innovation and Transformation
Rethinking the Future
New Approaches to Innovation and
TransformationSeptember 2019
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What should be
keeping you up at
night?
That is what we bring to the table.
What is created on the edge of
technology, markets, geographies and
demographics strikes at the very heart of
a business.
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really struggling.
But even with so many technological
advances, many institutions are still
Why?
Institutions are embedded in the
cultures, technologies, and
infrastructures of their time.
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We are now moving from an era of equilibrium
to one of constant dis-equilibrium
20TH CENTURY 21TH CENTURY
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Push Pull
Stocks Flows
Acquire Leverage
Scalable
Efficiency
Scalable
Learning
Static Dynamic
Closed Open
Rigid Agile
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= BIG
Investment
BIG
Change
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Scaling Edges
In the short-term, an edge
• requires minimal investment to initiate;
• has the ability to grow the pie.
In the long-term, an edge:
• aligns with the long-term disruptive shifts in the
market;
• has the potential to transform the core.
Today
Tomorrow
Beyond
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Zoom In
Zoom Out• What is our industry going to look like
10-20 years from now?
• What kind of company do we need to
become in that time frame?
• What are the 2-3 business initiatives we can
peruse in the next 6-12 months to ensure our
company succeeds in the future?
• What capabilities are needed to advance
these initiatives?
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CATALYSTS
FOCUS ON EDGES,
NOT THE CORE
LOOK EXTERNALLY,
NOT INTERNALLY
MOBILISE THE
PASSIONATE
OUTSIDE THE FIRM
MEASURE
PROGRESS OF THE
ECOSYSTEM
LEARN AND
ITERATE
MOVE FROM
DATING TO
RELATIONSHIPS
FOCUS ON
TRAJECTORY, NOT
POSITION
REFLECT MORE TO
MOVE FASTER
BREAK DEPENDENCY
ON CORE
STARVE THE EDGE
PASSION OVER
SKILLS
EMBRACE DOUBLE
STANDARDS
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• We live in exponential times
Times of great
DisruptionTimes of great
Opportunity
• Zoom in and focus on what can be done in the immediate term
• Zoom out and develop a vision of the long-term
• Transformation is an imperative
• Scaling Edges is an option to drive large-scale transformation
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Zoom out Zoom
in
Exercise
An alternative
approach to strategy
in a world that defies
prediction
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From accepting standardised to
expecting personalised
From ownership to access
Affordable access to
sophisticated tools of production
From passive customer to
active customiser
Self-regulation and open source in
place of protected IP
Lower purchasing power increasing
demand for affordable, versatile
products
Digital infrastructure
providing richer connectivity
Cheaper, faster, more reliable
shipping making the world
smaller
Sense of scarcity increasing
willingness to share
Constrained buying power decreasing
willingness to pay up front
Challenging economic conditions
increasing demand for “good enough”
Changes in the tax and legal code
Local decision making
and budgeting
Regulatory and legislative structures
adopting “wait and see” approach
From “wanting the best” to
“accepting the basics”
Aggregation and social platforms
reducing isolation
Scalable learning platforms reducing
barriers to entry
Learning and aggregation platforms
increasing collaboration
More sustainable and green
products
Societal
Environmental
Economical
Political
Technological
Major shifts outside a company’s direct control
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Our alternative view on corporate strategy Consider 10+ time horizon for the zoom-out and zoom-in to 2-3 initiatives for the next 6 to 12 months
Z O O M O U T Z O O M I N
time horizon by defining what the
market will likely look like and what
customers will expect
Consider
10+YEARS
and identify the two or three business
initiatives that will have the greatest
potential to accelerate movement
toward long-term destination
Address the next
6-12MONTHS
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Our alternative view on corporate strategy Consider 10+ time horizon for the zoom-out and zoom-in to 2-3 initiatives for the next 6 to 12 months
Z O O M O U T Z O O M I N
Today 10-20 years& 6-12 months
Zoom-out
Zoom-in The market in
10-20 years
Zoom-out:
• What is our industry going to look like 10-20 years from now?
• What kind of company do we need to become in that time
frame?
Zoom-in:
• What are the 2-3 business initiatives we can peruse in the next
6-12 months to ensure our company succeeds in the future?
• What capabilities are needed to advance these initiatives?
’Zoom-out, zoom-in’ approach
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Imagine you are the CEO of a leading agriculture company
Z O O M O U T Z O O M I N
You are a large
multinational
agri-business
headquartered
in Singapore
You supply 45
agri-commodities
including sugar,
cocoa, coffee,
palm oil, rice etc.
You support a
sourcing network
of 4.8 million
farmers
You operate in
over 60 countries
and sell to over
20,000 customers
worldwide
Climate change
Technological
frontiers
Changing consumer
preferences
Rapid urbanisation
Focus on health
prevention
Enhanced scrutiny of
supplier practices
Introduction of smart
technology
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Imagine what the futurewill look like for your industryZ O O M O U T Z O O M I N
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Zoom out / zoom in strategy approachBuild and define the future narrative for the agriculture company to mobilise and activate action tomorrow
Z O O M O U T Z O O M I N
01 Envision the futureWhat is our industry going to look like 10-20 years from now?
02 Focus on what will be required for successWhat kind of company do we need to become in that time frame?
03 Define high-impact initiativesWhat are the 2-3 business initiatives we can peruse in the next 6-12 months to ensure
our company succeeds in the future?
04 Mobilise resources to take actionWhat capabilities are needed to advance these initiatives?
Zoom Out
Zoom In
Sharing
Sharing
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Individual Work Group Work Reporting Discussion
4 mins 6 mins 8 mins 2 mins
Zoom out / zoom in strategy approachBuild and define the future narrative for the agriculture company to mobilise and activate action tomorrow
Z O O M O U T Z O O M I N
01 Envision the futureWhat is our industry going to look like 10-20 years from now? Select 1x ‘Edges of Agriculture’ card from the table
02 Focus on what will be required for successWhat kind of company do we need to become in that time frame?Zoom Out
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Group Work Reporting Discussion
3 mins 2 mins 2 mins
Zoom out / zoom in strategy approachBuild and define the future narrative for the agriculture company to mobilise and activate action tomorrow
Z O O M O U T Z O O M I N
03 Define high-impact initiativesWhat are the 2-3 business initiatives we can peruse in the next 6-12 months to ensure
our company succeeds in the future?
04 Mobilise resources to take actionWhat capabilities are needed to advance these initiatives?Zoom In
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Zoom out / zoom inBuild and define the future narrative for the agriculture company to mobilise and activate action tomorrow
Z O O M O U T Z O O M I N
01 Envision the futureWhat is our industry going to look like 10-20 years from now?
Select 1 card from the table
•
•
•
•
02 Focus on what will be required for
successWhat kind of company do we need to become in that time
frame?
•
•
•
•
03 Define high-impact initiativesWhat are the 2-3 business initiatives we can peruse in the next
6-12 months to ensure our company succeeds in the future?
•
•
•
•
04 Mobilise resources to take actionWhat capabilities are needed to advance these initiatives?
•
•
•
•
Zoom Out
Zoom In
Facilitator Handout
Slide 29 | ELEVATE | Confidential – Restricted Use | 2019 CSR Asia Summit, Bangkok | #CSRAsia19
CSR Asia Summit
201918-19 September 2019
Bangkok, Thailand
Centara Grand at CentralWorld #CSRAsia19
Thank you