Sandra Bracegirdle Head of Collection Management University of Manchester.
Strategies for Success in a Global Marketplace Glen Bracegirdle, Director
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Transcript of Strategies for Success in a Global Marketplace Glen Bracegirdle, Director
Strategies for Success in a Global Strategies for Success in a Global MarketplaceMarketplace
Glen Bracegirdle, DirectorGlen Bracegirdle, DirectorSynesi Training & ConsultingSynesi Training & Consulting
SSC Showcase, SydneySSC Showcase, SydneyFebruary 14th, 2006February 14th, 2006
InstantInstant
Fast Food Entertainment
Information Communication
ImpatientImpatient
Traffic Queuing
Possessions Service
IntolerantIntolerant
Mistakes Fun @ Work
Personal IssuesTime & Hours
InterventionIntervention
Major Events Redundancy
Health / Stress New Millennium
IssuesIssues
Decreasing staff morale
Decreasing staff loyalty Increasing staff turnover
Increasing work demands
What have we created?What have we created?
After so many years of being bossed around, of working within confining roles, of unending reorganization, reengineering, downsizing, mergers, and power plays, most people are exhausted, cynical, and focused only on self-protection. Who wouldn't be? But it's important to remember that we created these negative and demoralized people. We created them by discounting and denying our best human capacities. (M. Wheatley)
Corporate v Employee Corporate v Employee DichotomyDichotomy
Work LifeBalance
Recognition
Flexibility
Desire to beChallenged
Bottom-LineFocus
Performance Pressure
Non-InnovativeEnvironment
PeopleResource
Undervalued
Dual ParadigmDual Paradigm
It is becoming harder to find and hire skilled people.
People and therefore knowledge is walking out the corporate door.
Cost of staff replacement.Cost of staff replacement. It costs 3 to 4 times a persons
salary to replace them. The cost of hiring, re-hiring,
training, lost productivity, mentoring time etc.
At a management level it is estimated the cost can be as high as 24 times a persons salary for a hiring mistake The cost of recruitment,
preparation, compensation, severance pay, mistakes, missed opportunities and business disruption.
RecruitmentRecruitment
Of the 11 most successful companies in Australia – none thought they did a good job of recruitment.
Knowledge RetentionKnowledge Retention Most companies have the
tools and some processes in place for knowledge management, but it is not seen and used as a strategic tool.
Companies need to improve on internal knowledge transfer and knowledge capture.
Companies need to value their people resources and develop better employee recognition and retention programs.
Staff Loyalty programs are needed.
Knowledge WorkersKnowledge Workers Workers of the western world are now employed
largely in service industries, where they are paid for their brain rather than their brawn.
Knowledge workers, are those whose “primary tasks involve the manipulation of knowledge and information.” These people are the creators of wealth in western economies today, yet scarcely anybody is measuring their output and seeking ways to improve it.
Finding ways to improve the productivity of knowledge workers, he says, is “one of the most important economic issues of our time”.
Management's new role is to make knowledge more productive.
Thomas Davenport The Economist
Management AttitudeManagement Attitude Hiring outside the
organisation is better Reduced risk taking Look for scapegoats Reluctance to
communicate high level corporate information to staff. (UGR – Around here we do not trust our staff with important information)
Management AttitudeManagement Attitude
Management believe they have superior intellect due to their superior position in the organisation.
Therefore they rely on their own knowledge instead of utilising the brain assets of their staff, and the superior knowledge held in the organisational brain bank.
1 + 1 = 3
Global MarketplaceGlobal Marketplace
Through technology the global village continues to get closer
National boundaries are becoming less significant
Virtual teams are the norm
ManagementManagement
The way managers are required to exert influence today has changed. The manner in which managers communicate today is moving more towards emotional engagement and away from technical issues.
Build and nurture diverse teams
Management ChallengeManagement Challenge Develop trust in order to
empower workforce to make decisions.
Create a learning nurturing environment.
Decision making where the knowledge is.
Create an environment of creativity
eg. Marriott story.
Fish!Fish!
“If the fishmongers could exhibit such a sense of joy and purpose by flinging fish and making a show out of it, what universal lessons could be learned from them to help transform the thousands of lifeless workplaces around the world?”
Play Make Their Day Be Present Choose Your Attitude
Stephen Lundin – Fish!
Choose Your AttitudeChoose Your Attitude People can be classified into two groups:
Luck people – Who believe things happen to them due to luck – often ‘bad luck’.
Influence people – Who believe they are able to influence most things.
I choose confidence, trust & faith (Fish! – Stephen Lundin)
Road rage – response – we can choose (Fish! – Stephen Lundin)
VictimProactive
Create Your Own RealityCreate Your Own Reality
Challenging job OR Impossible task?
Rewarding job OR Thankless job?
Necessity OR Difference maker?
Problem SolvingProblem Solving Use staff knowledge
through an innovative environment
The one common experience of all humanity is the challenge of problems. (R. Buckminster Fuller)
Provide opportunity for staff and customers to contribute to the problem solving process.
Support analysts attitudes and perceptions of customers and problemsMemory retention and problem documentationCreating a good problem solving environmentUnderstanding client communication and key wordsQuality listening skills and questioning techniques
Gathering and using key informationUsing critical thinking in defining the problemUnderstanding the assumptions we make and their impact on problemsInformation gathering templates and toolsUnclear statements and communication
Problem recreation – making it failDrilling down on the problem – understanding what is not knownKeep asking why? and Lateral thinking techniquesTeam problem solving – Brainstorming and mind mapping toolsCommunication – keeping the client informed
Criteria for selecting a solution – client business needs consideredDecision making techniquesPlanning and delivering a solutionCommon causes in solution implementation and problem resolutionRemote communication skills
Solution evaluation – Is the problem resolved?Root cause analysisSolution documentation and knowledge base contentQuality defect reportingSupportability process
Engage
Define
Analyze
Select
Follow-up
Problem Solving Problem Solving MethodologyMethodology
Problem Solving SkillsProblem Solving Skills Develop problem
solving skills throughout the organisation: Memory Retention Listening & Questioning
Techniques Question Assumptions Critical Thinking Lateral Thinking
Developing CultureDeveloping Culture
I know from experience that most people are very intelligent - they have figured out how to make things work when it seemed impossible, they have invented ways to get around roadblocks and dumb policies, they have created their own networks to support them and help them learn. (M. Wheatley)
Unwritten Ground RulesUnwritten Ground Rules
This is the way we do things around here
Steve Simpson – Keystone Managementwww.keystone-management.com/
Example Staff UGR’sExample Staff UGR’s We do not tell management about opportunities to
improve the business, as it will only work against you.
Opposing views are a personal attack. An individual’s standing is related to how they
relate in a social context with senior management. Keep quiet in meetings and you do not get extra
jobs. Ideas on innovation and change are welcomed as
long as they do not require extra money. The only time anyone gets spoken to by the boss is
when something is wrong.
Example Management UGR’sExample Management UGR’s Among the ‘trusted group’ it is alright to joke
about the incompetence of our colleagues. Staff cannot be trusted – if they get the chance
to use our corporate intelligence they will set up their own business and use it.
There are only a few staff who are committed – most of them are here for the pay cheque.
We avoid dealing with really difficult staff by offloading poor performers onto other managers.
At our management meetings the aim is to impress the boss.
Culture in a Global Culture in a Global MarketplaceMarketplace Developing trust and direction through
common values and shared problem solving drives a new corporate culture. This overcomes ethnic or location based cultural differences.
Global Support BusinessGlobal Support Business Values Decision-
Rights system
Performance Measurement
Values Trust, empowerment,
teamwork, collaboration, learning, service
Decision-Rights system Problem Solving skills,
innovative skills, agility
Performance Measurement Transparency, delivery
Culture – Walking the talkCulture – Walking the talk Achievement
Performance, delivery, transparency Customer-centric
External focus, service, responsive One-team
Collaboration, globalisation, teamwork Innovative
Creativity, continuous improvement, learning People-first
Empowerment, development, careCarolyn Taylor – Walking the talk
Customer-centric CultureCustomer-centric Culture
Good service and a polite attitude is what encourages loyalty from customers
Customers want to be loyal. Staff need to develop a culture of
rapport and trust with customers. This requires an internal culture of motivation and loyalty within, where morale is nurtured.
Talk to your customersTalk to your customers
Business is conducted between people – talk to your customers.
Too many businesses rely on processes and remote communication and satisfaction tools that they believe tell them all about their customers.
Service organisations can engage customers in a shared problem solving.
ValuesValues
Values will direct and change our perception. At the same time, perception can change our values (de Bono)
Logic can help you decide how to do something, but values tell you what you want to do.
Six Value MedalsSix Value Medals
Gold – Human ValuesSilver – Organisational ValuesSteel – Quality ValuesGlass – Innovation ValuesWood – Environmental ValuesBrass – Perceptual Values
Edward de Bono – Six Value Medals
StrategyStrategy
Strategy that is not value driven is not a strategy at all (de Bono)
Culture
Strategy
Values
Strategy / Value / Culture Strategy / Value / Culture MappingMapping
Values
Culture
SCPProgram
Strategy
ChangeManagementPeople Company Quality Creative
Personal Values
Customers Culture+UGR’s
-UGR’s
Ach
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Cus
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FlexibilityFlexibility In an earthquake, the most
dangerous place to be is in a tall building that is not flexible. Yet, one of the safest places is a tall building that has been stressed for earthquakes – in other words, one that has a deep foundation and is flexible. So, too, over the coming years, large organisations that remain rigid will crumble and fall, while those that succeed in adding flexibility, teamwork and creativity to their cultures will thrive.
Innovative CultureInnovative Culture
All staff participate in problem solving and business innovation
Managers must recognize people's innate capacity to adapt and create - to innovate (M. Wheatley)
The human capacity to invent and create is universal.
InnovationInnovation
When people become interested in an issue, their creativity is instantly engaged. If we want people to be innovative, we must discover what is important to them, and we must engage them in meaningful issues (M. Wheatley)
Brain BankBrain Bank Collective knowledge and
experience of all staff in an organisation.
Total corporate intellect.
InnovationInnovation
It can be easy to create successful organizational change if you start with the assumption that people, like all life, are creative and good at change
SummarySummary Value the people Value the knowledge Choose your attitude Create your own reality Create the right culture Value innovation