Title: Developing
1Developing Implementing Strategy
2The VisualConnect Process
- VisualConnect is a rapid strategy development
and implementation process that - Balances Strategic Thinking with Strategic
Action - Many planning processes fail to deliver
results because they are mind-numbing detailed,
lack flexibility and produce 50 page documents
that end up in bottom drawers. - VisualConnect produces a one-page-plan and
sets up the action-learn-action cycle so that an
organisation can rapidly adapt to their changing
environment
3Why Rapid?
- The world is changing so rapidly that by the
time you map an external environment, it has
changed. The only option is to jump in! - An example
- Apple took 4 months to develop and release
iTunes and only 9 months to develop and release
the iPod. Sony, the incumbent owner of portable
music, took 4 years to respond effectively.
Meanwhile, Apple captured nearly 70 of the
international market and 90 of the Australian
market! - Successful organisations are responding to
speed with speed. - VisualConnect is designed to be a flexible
strategy development and implementation process
to cater for fast moving environments. - Today everything is a fast moving environment
4Operationalising Strategy
- Many organisations have strategy planning
events that remain disconnected from the
day-to-day operation of the business. - An example
- A major Australian wine company saw the
success of wine coolers in the USA market. They
researched its potential in the Australian market
and made several strategic plans, but did not
act. Meanwhile two guys in a garage started
bottling wine coolers and entered the market
first and several years later sold for millions
of dollars. The major wine company finally
entered the market 45th! - VisualConnect galvanises an organisation
around acting on ideas quickly and learning
quickly. We call this operationalising
strategy.
5How does the process work?
- The steps are
- Briefings on your organisation and its current
positioning - One day workshop with the key people in the room
(up to 50 people) which develops the
one-page-plan capturing - How your organisation needs to be positioned in 3
to 5 years time - Scorecard to measure success
- Pathways to get there
- Next 12 months milestones
- Development of the 90 Day initiatives
- Capturing the one-page-plan and initiatives on a
web application called LunarChart (secure
anywhere anytime access to your plan) - Formal 90 day roll over process where the
learnings are used to recalibrate the next 90 day
set of initiatives - Training of an internal facilitator to continue
the 90 day process
6Investment in Strategy
- Is VisualConnect an expensive process to
implement? Consider - How much you spend on accounting for the
past? ie. variance reports, annual reports,
compliance reports, audits - How much you spend on defining and creating
your organisations future? - Which investment is going to have more of an
impact on your organisations success? - VisualConnect is one of the most cost
effective approaches to visualising and acting on
creating your organisations future
7Your Strategy Facilitator
Kevin Nuttall, Director of Waterfield Consulting,
a consultancy with clients in Australia, New
Zealand, Singapore, Hong Kong, South Africa, USA,
Dubai and the UK. Strategy Facilitator with more
than ten years experience in working with Boards
and Senior Management teams to develop and
implement organisations strategies.
Our clients are diverse and include Melbourne
Docklands, MBF, Jones Lang LaSalle, Standards
Australia, FPA Health, Perot Systems, Morgan
Banks Investment, General Pants, Sportscraft,
CPA Australia, City of Melbourne, CGU Insurance,
CSIRO, Property Council of Australia, Serono,
NSW Food Authority We enjoy long client
relationships spanning, in some cases more than
ten years.
8Specialists in gaining commitment and action
Contacts
Kevin Nuttall knuttall_at_waterfield.com.au Mb
61 414 239 304 Maureen Ngan
mngan_at_waterfield.com.au Mb 61 404 874 756
9The best way to predict the future is to design
it Kevin Nuttall - Developer of VisualConnect