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Implementing your strategy – the making it happen Peter Scott Peter Scott Consulting
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‘A little less conversation a little more action please’ Elvis Presley
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PETER SCOTT CONSULTING Strategic change is a journey Making decisions Implementing decisions Banking progress Moving on
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PETER SCOTT CONSULTING Always keep in mind…. THE BIG PICTURE
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PETER SCOTT CONSULTING Implementing decisions Question Why do many partnership strategies fail? Answer? Failure to implement agreed plans Why?
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PETER SCOTT CONSULTING Why? The nature of partnerships People businesses Need to take your people with you on the journey
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PETER SCOTT CONSULTING Are your skills up to the task? Your people skills Internal resource? or External advice?
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PETER SCOTT CONSULTING People skills Do you have the right people on board to enable you to achieve your objectives? If not, what are you going to do about it?
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PETER SCOTT CONSULTING Internal / external resource? We cannot be good at everything It is not ‘failure’ to buy in specific skills Often the external person is listened to
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PETER SCOTT CONSULTING Ideas to help you on the journey Skills Knowing your partners Accountability Timing Leading by example Using the TEAM Just doing it Sanctions
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PETER SCOTT CONSULTING Knowing your partners What makes them ‘tick’? What makes them insecure? How will they react? How do we limit ‘fall-out’?
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PETER SCOTT CONSULTING Partner accountability ‘We have no room for those who put their personal agenda ahead of the interests of the clients or the office’ David Maister
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PETER SCOTT CONSULTING Accountability Do your partners just pay ‘lip service’ or do they live it? Consider an ‘accountability statement’
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PETER SCOTT CONSULTING Timing Strike while the iron is hot Turn decisions into action – fast Assign tasks and responsibilities
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PETER SCOTT CONSULTING Leading by example Leadership is crucial for change Practice what you preach Live the strategy
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PETER SCOTT CONSULTING Use the ‘power of the team’ TEAM? Together Each Achieves More
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PETER SCOTT CONSULTING Harness the ‘power of the team’ Create ‘champions’ Use ‘task forces’
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PETER SCOTT CONSULTING Just do it! Judgment Knowing your partners 80 / 20 rule Needs courage
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PETER SCOTT CONSULTING Sanctions Necessary? Choice of sanctions? Do they work? Examples
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PETER SCOTT CONSULTING Bank progress – move on Incremental journey? or Quantum leap? Knowing your partners
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PETER SCOTT CONSULTING A final thought… ‘Change before you have to’ Jack Welch
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