committed
motivated L maximised
financial
effective returns
people
sufficient ‘devoted’
customers
committed
motivated L maximised
financial
effective returns
people
sufficient ‘devoted’
customers
committed
motivated L maximised
financial
effective returns
people
describe
your business
•what are your scores?
•how do you maintain the balance?
•what are your challenges?
what’s the difference between
management and leadership?
managers
• maintain the status quo
• monitor situation
• allocate resources
• communicate targets
• measure the results
• feedback on the trends
leaders
• strategic thinkers
• look forward and create visions
• challenge
• motivate
• inspire
strategic on
operational
tactical in
get that
‘vision
thing’
• Creating a clear picture of the future that
‘stimulates, excites and inspires’
• Getting everyone to ‘buy’ into it
• Ensuring that everyone understands what’s
expected of them
• Turning it into meaningful goals and targets
• Communicating progress towards it
continuously
• Celebrating successes
• Working ‘On’ it consistently
The Five Steps in the Leadership Process:
A Geordie, 2008
what will we
have in place by
the end of
march 2009?
what will we
have in place by
the end of
september 2008?
people tell us they need to know:
how is this vision relevant to me?
what specifically do you want me to do?
how will I be measured?
what consequences will I face?
what tools and support are available?
what’s in it for me?
how are we doing?
the leader’s role?
to help people
answer these
questions
a leader's job is
to rally people
toward a
better future
marcus buckingham
where are
we now?
FINISHED FILES
ARE THE RESULT OF
YEARS OF SCIENTIFIC
STUDY COMBINED WITH THE
EXPERIENCE OF YEARS
FINISHED FILES
ARE THE RESULT OF
YEARS OF SCIENTIFIC
STUDY COMBINED WITH THE
EXPERIENCE OF YEARS
S
W
O
T
Sheffield
Wednesday
On
Their way down
Strengths
Weaknesses
Opportunities
Threats
PESTEL
• P olitical
• E conomic
• S ocial React
• T echnological Or
• E nvironmental Die
• L egislative
Stop
Start
Continue
identify the
customers
you want to
work with
HIGH
ENTREPRENEURIAL
B A
D C
LOW
ENTREPRENEURIAL
get rid of
the
customers
you don’t
want
give your customers a
damn good listening to
Turnover
is vanity,
profit
is sanity
“One in two
businesses
cannot accurately
determine their
profitable customers
and products”
Source: KPMG
“show me the money!”
10 COMMON BARRIERS:
• FOCUS ON TURNOVER NOT PROFIT
• LACK OF UNDERSTANDING OF PROFITABILITY
OF SPECIFIC PRODUCTS AND SERVICES
• LACK OF PROACTIVE MANAGEMENT CONTROL
• UNWILLINGNESS TO SAY ‘NO’
• STAFF HAVE NO UNDERSTANDING OF THEIR
IMPACT ON PROFITABILITY (POSITIVELY OR
NEGATIVELY)
• NO PROFIT TARGETS
• MEASUREMENT OF THE ‘WRONG THINGS’
• LACK OF MANAGED PRICING POLICY
• ‘NUMBERS’ LEFT TO THE ACCOUNTANTS
• NO PROFIT IMPROVEMENT PLAN
where are
we going?
useful elements of a business plan:
• Goals / Targets
• Markets / customers
• Competitors
• Competitive strategy
• People / Skills / Numbers
• Resources
• Budgets
• P & L / Cashflow
• Milestones / Key Indicators
how do you
measure up?
“Vision without
action is
hallucination”
Andy Law, St.Lukes
scare yourself,
otherwise you’re
not doing
anything new
Mary Murphy Hoye, Head Of R & D, Intel
“take the first
step in faith. You
do not have to
see the whole
staircase.
Just take
the first
step.”
Martin Luther King
don’t just stand
there….. do
something!
dick dastardly
people can be
divided into
three groups
those who make things happen