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Strategic Development Progamme
Making it happen! Strategic Development Progamme 6 March 2012 Prof. Gianvito Lanzolla, PhD Cass Business School, London, UK
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Making it Happen – 1st pitfall
Strategy Formulation Profound understanding of the external environment: Profound understanding of the internal environment: ANALYICAL TOOLS ANALYTICAL TOOLS Three Key “Theories”: Segmentation Resources and Capabilities FIT Trends Other “miraculous” recipes... Tough decisions (Intended) Strategy Value creation Value capturing Strategy Execution Resource allocation
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Making it Happen – 2nd pitfall
Failing to achieve Alignment! 3
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(1) Culture kills execution!
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“No company, small or large, can win over the long run without energized employees who believe in the company mission & goals and understand how to achieve them” Jack Welch
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(2) Measures and Feedback system
Strategy Define Scorecards Progress tracking and measurement (Overall) Align & measure Functional scorecards Progress tracking and measurement (Function) Personalise Progress tracking and measurement (Individual) Individual accountabilities & objectives
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Integrating strategy with planning
Strategy review & formulation Apr. May June July Aug. Sept. Oct. Nov. DT Milestones TMUK Strategy Workshop DTAG Review „DT Core Markets“ DT SBA Strategy Workshop TMUK Business Review Budgeting TMUK iPF – Financial Timeline TMUK iPF Guidance * TMUK FC6+6 TMUK iPF 2008 Impairment Budget 2009 TMUK Functional Planning** Operational plans Big X 2009 VBU Priorities 2009 7.4: Preliminary working session CE1 Strategy, TMUK Strategy & Finance 20.5:Presentation for DT Board, covering market size & evolution across key mobile markets: D, US, UK (no operator assessment) 9.6: Presentation for DT Board on TMO, covering strategic issues /opportunities for all NatCo’s (2 hours in total) 30.6: TMUK Strategy ‘Workshop’ incorporated within Business Review with HA, qualitative not quantitative focus Functional Plan 2009 Operational Plan 2009 Common PMT*** 1st Review of Roadmap Final Roadmap 1 Project roadmap & IS plans
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Strategic Development Progamme
Making it happen! Strategic Development Progamme 6 March 2012 Prof. Gianvito Lanzolla, PhD Cass Business School, London, UK
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Time to celebrate!
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