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RESTRATEGIZE
YOUR COMPANY IN AN ECONOMIC CRISIS
HOW TO
RESTRATEGIZE
YOUR COMPANY IN AN ECONOMIC CRISIS
E D
P D AT DE
U EXPA N D
AND
STOP
FIGHTIN
START
ADAPTING.
MY AIM IS TO MAKE THESE TWO MESSAGES
STICK.
1. STOP FIGHTING.
2. START ADAPTING.
NOW YOU MIGHT WONDER:
STOP FIGHTING
START
ADAPTING
TO
THOSE ARE GOOD QUESTIONS.
HOWEVER…
...FIRST THINGS FIRST.
DO YOU NEED TO
RESTRATEGI
ZE?
YOU HAVE
A VISION.
YOU HAVE
A
SO YOU KNOW WHERE YOU ARE.
AND YOU KNOW WHERE YOU ARE GOING.
RIGHT?
WRONG
WE DID NOT KNOW THIS ECONOMIC CRISIS.
WE CAN ONLY ESTIMATE ITS IMPACT.
YOU WILL NEED TO
RESTRATEGI
ZE
AND I WILL EXPLAIN EXACTLY WHY.
BY USING A GENERAL MODEL OF A COMPANY.
INTRODUCING A COMPANY STARTS WITH A
MARKET
Market
THE FINANCIAL MARKET BEING A SPECIFIC
PART OF THAT
Finance
Market
BUT IF THERE’S NO COMPETITION… THERE’S
NO MARKET
Finance
Market
Competition
A MARKET OFFERS OPPORTUNITIES AND
THREATS
Finance
Market
Competition
WHICH ARE INPUT TO THE STRATEGY OF A
COMPANY
Finance
Market
Competition
THIS INCLUDES A COMPANY’S MISSION AND
VISION
Mission
Vision
Strategy Opportunities and threa
Finance
Market
Competition
AND IF STRUCTURE FOLLOWS, STRATEGY
DESIGNS...
Mission
Vision
Strategy Opportunities and threa
Design
Finance
Market
Competition
… THE INTERNAL ORGANIZATION OF A
COMPANY
Mission
Vision
Strategy Opportunities and threa
Design
Finance
Internal Market
Organization
Competition
ALIGNING IT WITH THE MARKET CLOSES THE
LOOP
Mission
Vision
Strategy Opportunities and threa
Design
Finance
Align
Internal Market
Organization
Competition
THIS REQUIRES LEADERSHIP AND
COMMUNICATION
Mission
Vision
Strategy Opportunities and threa
Design
Leadership Finance
Communicatio
n Align
Internal Market
Organization
Competition
IF YOU CAN’T BEAT THEM, JOIN THEM… IN AN
ALLIANCE
Mission
Vision
Strategy Opportunities and threa
Design
Leadership Finance
Communicatio
n Align
Internal Market
Organization
Alliances Competition
A COMPANY’S CONTINUITY DEPENDS ON
ECONOMIES
Mission
Vision
Strategy Opportunities and threa
Design
Leadership Finance
Communicatio
Economies n Align
- Knowledge Internal Market
- Scale Organization
Alliances Competition
THESE ECONOMIES EFFECT ORGANIZATIONAL
DESIGN
Mission
Vision
Strategy Opportunities and threa
Design
Leadership Finance
Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Alliances Competition
AND HAVE A LARGE IMPACT ON A VALUE
PROPOSITION
Mission
Vision
Strategy Opportunities and threa
Design
Value
Leadership Finance
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Alliances Competition
THERE IT IS, A GENERAL MODEL OF A COMPANY.
NOW LET’S PUT IT TO WORK.
INTRODUCING A CRISIS IN THE FINANCIAL
MARKET
Mission
Vision
Strategy Opportunities and threa
Design Crisis
Value
Leadership Finance
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Alliances Competition
THAT LEADS TO MARKET DOWNTURN AND -
CRISIS
Mission
Vision
Strategy Opportunities and threa
Design Crisis
Value
Leadership Finance
Crisis
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Alliances Competition
FOLLOWED BY AN INTERNAL ORGANIZATION
CRISIS
Mission
Vision
Strategy Opportunities and threa
Design Crisis
Value
Leadership Finance
Crisis
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Crisis
Alliances Competition
… AND POSSIBLY A LEADERSHIP CRISIS
Mission
Vision
Strategy Opportunities and threa
Design Crisis
Value
Crisis Leadership Finance
Crisis
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Crisis
Alliances Competition
AND THERE YOU HAVE IT.
A COMPANY IN AN ECONOMIC
CRISIS
A COMPANY IN AN ECONOMIC
CRISIS
CA P
R E
SO?
WHAT ABOUT
A REVISION?
IF YOU WERE TO ACCEPT THE CRISIS AS A
GIVEN…
RECONSIDERING YOUR STRATEGY BECOMES A
NECESSITY.
RESTRATEGI
Slides taken
from my presentation
Do you need to
CA P
restrategize?
R E
RESTRATEGI
RESTRATEGIZE ≠ SHAREHOLDER VALUE
MAXIMIZATION
RESTRATEGIZE ≠ SHAREHOLDER VALUE
MAXIMIZATION
RESTRATEGIZE ≠ MERGERS AND ACQUISITIONS
RESTRATEGIZE ≠ SHAREHOLDER VALUE
MAXIMIZATION
RESTRATEGIZE ≠ MERGERS AND ACQUISITIONS
RESTRATEGIZE ≠ GROWTH AND EXPANSION
RESTRATEGIZE ≠ SHAREHOLDER VALUE
MAXIMIZATION
RESTRATEGIZE ≠ MERGERS AND ACQUISITIONS
RESTRATEGIZE ≠
= GROWTH AND EXPANSION
HOW TO ADAPT TO AN
ECONOMIC CRISIS
COMPANIES HAVE TO ADAPT TO AN ECONOMIC
CRISIS…
… AND RESTRATEGIZE IS HOW.
RESTRATEGIZ
10 x RE
E=
CA P
R E
RESTRATEGIZ
10 x RE
E=
IT TAKES TEN STEPS TO ADAPT TO AN ECONOMIC
CRISIS.
1. REALIZE YOU ARE IN AN ECONOMIC CRISIS
2. DEFINE YOUR LEADERSHIP
3. ESTABLISH YOUR MISSION
4. VISE YOUR VISION
5. THINK HOW YOU COMMUNICATE IN YOUR MARKET
6. DEFINE YOUR VALUE PROPOSITION
7. DISTINGUISH YOURSELF FROM YOUR COMPETITORS
8. DESIGN YOUR ORGANIZATION
9. ORGANIZE YOUR ALLIANCES
10. FINANCE YOUR COMPANY
STEP 1. REALIZE YOU ARE IN AN ECONOMIC
CRISIS
Timepast
present
future
Geography Mission
Vision
Strategy Opportunities and threa
Design Crisis
Value
Crisis Leadership Finance
Crisis
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Crisis
Alliances Competition
STEP 2. REDEFINE YOUR LEADERSHIP
Mission
Vision
Strategy Opportunities and threa
Design Crisis
Value 2.
t ep Leadership Finance
Crisis
proposition S Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Crisis
Alliances Competition
STEP 3. REESTABLISH YOUR MISSION
3. Mission
t ep
S Vision
Strategy Opportunities and threa
Design Crisis
Value
Leadership Finance
Crisis
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Crisis
Alliances Competition
STEP 4. REVISE YOUR VISION
Mission 4.
t ep
Vision S
Strategy Opportunities and threa
Design Crisis
Value
Leadership Finance
Crisis
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Crisis
Alliances Competition
STEP 5. RETHINK HOW YOU COMMUNICATE IN
YOUR MARKET
Mission
Vision
Restrategy Opportunities and threa
Design Crisis
Value 5.
Leadership t ep Finance
Crisis
proposition Communicatio S
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Crisis
Alliances Competition
STEP 6. REDEFINE YOUR VALUE PROPOSITION
Mission
Vision
Restrategy Opportunities and threa
6. Crisis
t ep Design
S
Value
Leadership Finance
Crisis
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Crisis
Alliances Competition
STEP 7. REDISTINGUISH YOURSELF FROM
YOUR COMPETITORS
Mission
Vision
Restrategy Opportunities and threa
Design Crisis
Value
Leadership Finance
Crisis
proposition Communicatio
Economies Design n Align
- Knowledge Internal Market
- Scale Organization
Alliances Competition
7.
t ep
S
STEP 8. REDESIGN YOUR ORGANIZATION
Mission
Vision
Restrategy Opportunities and threa
Design Crisis
Value
Leadership Finance
proposition Communicatio
Economies Design n Align
Internal
- Knowledge Market
Reorganizati
- Scale
on 8.
t ep
S
Alliances Competition
STEP 9. REORGANIZE YOUR ALLIANCES
Mission
Vision
Restrategy Opportunities and threa
Design Crisis
Value
Leadership Finance
proposition Communicatio
Economies Design n Align
Internal
- Knowledge Market
Reorganizati
- Scale
9. on
t ep
S
Alliances Competition
STEP 10. REFINANCE YOUR COMPANY
Mission
Vision
Restrategy Opportunities and threa
Design t ep
S .
Value 10
Leadership Finance
proposition Communicatio
Economies Design n Align
Internal
- Knowledge Market
Reorganizati
- Scale
on
Alliances Competition
RESULTING IN A RESTRATEGIZED COMPANY
present
Timepast future
Geography Mission
Vision
Restrategy Opportunities and threa
Design
Value
Leadership Finance
proposition Communicatio
Economies Design n Align
Internal
- Knowledge Market
Reorganizati
- Scale
on
Alliances Competition
OR TO PUT IT IN LESS WORDS:
TO GO FROM HERE…
A COMPANY IN AN ECONOMIC
CRISIS
…TO HERE:
A RESTRATEGIZED COMPANY
GOT IT?
ONCE MORE.
A COMPANY IN AN ECONOMIC
CRISIS
A RESTRATEGIZED COMPANY
I KNOW.
TOO MUCH.
TOO FAST.
REWIND.
IT TAKES TEN STEPS TO ADAPT TO AN ECONOMIC
CRISIS.
STEP
UPD
AND ATE
EX D
PAN
DE D
REALIZE
1
YOU ARE IN AN ECONOMIC CRISIS
FINANCIAL MARKETS ARE IN A CRISIS.
past past
past
TRUST
SALES
PROFIT
LEADING TO A CRISIS IN BUSINESS-TO-BUSINESS
MARKETS...
BU
PR SIN
OF E S
D IT S T
AR RU
E ST
O O ,S
AL
W W W AND
ES
N N N N
…AND BUSINESS-TO-CONSUMER MARKETS AS
WELL.
HE
R E
TR WH
U E
US ST, RE
ED SA CO
TO LES NS
BE AN UME
IN D P R
TH RO
E P FI
AS T
T
WH
TR ERE
US
T, CON
SA SU
PR PR L E ME
ES OF S A R
EN I T
HE ND
T
R E LY
A
YOUR ORGANIZATION WILL BE IN CRISIS AS A
RESULT…
T
PRESEN
PAST
S
SA
WE WILL
UA E S
BE FINE!
US SIN
L
BU
S
ISI
CR
T
PRESEN
PAST
S
SA
UA E S
US SIN
L
BU
WE NEED
BETTER
MARKETING!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO
OUTSOURCE
OUR IT!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO
CANCEL OUR
TRAINING
WE NEED TO PROGRAMMES
OUTSOURCE !
OUR IT!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
WE NEED TO INNOVATE!
WE NEED
TO SIMPLIFY WE NEED
OUR TO
PORTFOLIO! INNOVATE
!
S
ISI
CR
T
PRESEN
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
WE NEED TO INVEST!
WE NEED TO WE NEED
WE NEED TO ADDITIONAL
WE NEED REDUCE OUR OFFER
WE NEED DISCOUNTS! RESOURCES!
TO SIMPLIFY WORKFORCE!
OUR TO
PORTFOLIO! INNOVATE
!
S
ISI
CR
WE NEED
TO CUT
COSTS!
T
PRESEN
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
WE NEED
CR
WE NEED TO FOCUS
TO CUT ON SALES!
COSTS!
T
PRESEN
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
WE NEED TO WE NEED
WE NEED TO ADDITIONAL
WE NEED REDUCE OUR OFFER
WE NEED DISCOUNTS! RESOURCES!
TO SIMPLIFY WORKFORCE!
OUR TO
PORTFOLIO! INNOVATE
!
S
ISI
WE NEED
CR
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
WE NEED TO WE NEED
WE NEED TO ADDITIONAL
WE NEED REDUCE OUR OFFER
WE NEED DISCOUNTS! RESOURCES!
TO SIMPLIFY WORKFORCE!
OUR TO
PORTFOLIO! INNOVATE
!
S
ISI
WE NEED WE NEED
CR
PAST
S
SA
UA E S
US SIN
L
WE NEED TO
BU
COOPERATE WITH
OUR SUPPLIERS!
WE NEED
BETTER
MARKETING!
WE NEED TO WE NEED TO
CANCEL OUR MAKE SURE OUR
TRAINING STAFF WILL
WE NEED TO PROGRAMMES STAY!
OUTSOURCE !
OUR IT!
WE NEED TO WE NEED
WE NEED TO ADDITIONAL
WE NEED REDUCE OUR OFFER
WE NEED DISCOUNTS! RESOURCES!
TO SIMPLIFY WORKFORCE!
OUR TO
PORTFOLIO! INNOVATE
!
S
ISI
CRIS
C
NEXT SLIDE WILL HELP YOU R
ECONOMI
YOUR COMPANY IS IN AN
CRIS
C
SLIDE WILL HELP YOU REALIZE
SORRY ABOUT THAT.
BUT NOW YOU REALIZE.
YOUR COMPANY IS IN AN ECONOMIC CRISIS.
STEP
UPD
AND ATE
EX D
PAN
DE D
REDEFINE
2
YOUR LEADERSHIP
LET’S EXAMINE YOUR LEADERSHIP.
IS YOUR LEADERSHIP ABOUT
PROTECTING AND
SUPPORTING?
IS IT ALL ABOUT
COMMUNICATING,
COACHING AND
OR BOTH?
ARE THE LEADERSHIP RULES FROM THE BOOKS…
DEFINE SHARED OBJECTIVES
ESTABLISH SHARED VALUES AND BELIEVES
PERCEIVE INDIVIDUAL OBJECTIVES SECONDARY TO TEAM OBJECTIVES
RECOGNIZE DISTRIBUTED LEADERSHIP
IDENTIFY ADAPTATONS TO COMPANY ENVIRONMENT
ETC.
ARE THE LEADERSHIP RULES FROM THE BOOKS…
DEFINE SHARED OBJECTIVES
ESTABLISH SHARED VALUES AND BELIEVES
PERCEIVE INDIVIDUAL OBJECTIVES SECONDARY TO TEAM OBJECTIVES
RECOGNIZE DISTRIBUTED LEADERSHIP
IDENTIFY ADAPTATONS TO COMPANY ENVIRONMENT
ETC.
GRIEF
FEAR
PAIN
SADNESS
CONCERN
SORROW
ETC.
SO WHAT ABOUT… DEALING WITH EMP
LOY
EES
GRIEF HU M AS
PERS AN S
FEAR PECT
IVE
PAIN
SADNESS
CONCERN
SORROW
ETC.
AND HOW ABOUT
REESTABLISHING
ONGOING AND
DISCIPLINED CLIENT
S A S
NT
CLIE
F I S H
O LD E
G PER
EC
SP
TI V
REESTABLISHING
ONGOING AND
DISCIPLINED CLIENT
…BY DELEGATING
ACTIONS TO OPERATIONS
WHILE RETAINING
CENTRALIZED
S A S
ER
MA N A G
O G
E E PD
SH PEC TI V E
S
PER
…BY DELEGATING
ACTIONS TO OPERATIONS
WHILE RETAINING
CENTRALIZED
IN AN ECONOMIC CRISIS…
…THERE IS A LOT TO ASK FROM YOUR
LEADERSHIP.
AND UNLESS YOU HAVE SUPER HUMAN
POWERS…
… A REDEFINITION IS ASKED FOR.
A DEFINITION CALLS FOR HUMAN CREATIVITY.
A DEFINITION CALLS FOR HUMAN CREATIVITY.
3
REESTABLISH
YOUR MISSION
FIRST TO-DO FOR FRESHLY REDEFINED LEADERSHIP:
GET UP VERY
EARLY
SECOND TO-DO FOR FRESHLY REDEFINED LEADERSHIP:
INVITE FUTURE
STARS
THIRD TO-DO FOR FRESHLY REDEFINED LEADERSHIP:
REVISE
4
YOUR VISION
NOW YOU KNOW WHERE YOU ARE AGAIN.
NEXT STOP: DECIDE WHERE YOU ARE GOING.
ARE YOU
GOING FOR
GOLD?
LOOKING FOR
BLACK
SWANS?
OR IS IT
THE END
OF BUSINESS
AS IT USED
TO BE?
IT’S UP TO YOU.
HOWEVER…
TIMING IS
EVERYTHI
NG.
BECAUSE REVISING YOUR VISION ACTUALLY
MEANS…
… COMMUNICATING ABOUT YOUR IDEAS OF THE
FUTURE.
THREE NOTIONS ON COMMUNICATION.
USE
SIMPLIFICATION
#
THE CONCEPT
1
EG.
OF BIKES IN
URBAN AREAS
WILL BE
REINVENTED IN
THE NEXT
THREE YEARS
BUT PREVENT
OVER-
SIMPLIFICATION
#2
EG. URBAN BIKES
2.0
USE
THE RIGHT*
MESSAGE
WITH
#3
THE RIGHT* MEDIUM
AND
THE RIGHT* TIMING
TO COMMUNICATE
YOUR VISION
RETHINK
5
HOW YOU COMMUNICATE IN YOUR MARKET
NOW YOU KNOW WHERE YOU ARE GOING AGAIN.
TIME TO COMMUNICATE IN YOUR MARKET.
N E W
ESSENTIALS IN
MARKET
IN EFFECTIVE MARKET COMMUNICATION…
… THERE ARE TWO NEW ESSENTIALS.
TECHNOLO
N E
GY
W
CLIENTS EXPECT MARKET LEADERS AND
ESTABLISHED PLAYERS TO FOLLOW TRENDS IN
TECHNOLOGY.
CLIENTS EXPECT MARKET LEADERS AND
ESTABLISHED PLAYERS TO FOLLOW TRENDS IN
TECHNOLOGY. ON THE OTHER HAND,
TECHNOLOGY IS ONE SIDE OF THE NEWCOMERS’
TACTICS TO WINNING MARKET SHARE.
CLIENTS EXPECT MARKET LEADERS AND
ESTABLISHED PLAYERS TO FOLLOW TRENDS IN
TECHNOLOGY. ON THE OTHER HAND,
TECHNOLOGY IS ONE SIDE OF THE NEWCOMERS’
TACTICS TO WINNING MARKET SHARE.
N E
DESIGN
W
DESIGN IS CONSTANTLY GAINING INTEREST.
INTERACTION IS THE REASON WHY.
DESIGN IS CONSTANTLY GAINING INTEREST.
INTERACTION IS THE REASON WHY. DESIGNING IS
THE NEW SCOPING IN COMMUNICATION.
DESIGN IS CONSTANTLY GAINING INTEREST.
INTERACTION IS THE REASON WHY. DESIGNING IS
THE NEW SCOPING IN COMMUNICATION. IT’S NO
LONGER ABOUT WHO YOU WANT TO TALK TO…
IT’S ABOUT WHO WANTS TO LISTEN.
STEP
UPD
AND ATE
EXPAND
DE D
REDEFINE
6
YOUR VALUE PROPOSITION
THINK OF TECHNOLOGY AND DESIGN SOME
MORE.
WHERE ARE THEY IN YOUR VALUE PROPOSITION?
DO YOU USE
TECHNOLOGY AND
DESIGN TO
ENHANCE
EFFICIENCY
(SUITABILITY) IN
YOUR OPERATIONS?
#1
IF YOU ANSWERED YES TO QUESTION #1…
… MORE VALUE DEMANDS MORE SCALE.
#2
7
REDISTINGUISH
YOURSELF FROM YOUR COMPETITORS
THE COMPETITIVENESS OF YOUR
REDEFINED VALUE PROPOSITION IS
DETERMINED BY YOUR…
SPEE
DECISIVENE
SUSTAINABIL
IF YOU’RE VALUE PROPOSITION IS…
EXPLICIT,
PRIORITIZED,
CONSISTENT,
COMMUNICATIVE,
AND RESPONSIBLE…
1. MAKE IT HARD TO COPY
1. MAKE IT HARD TO COPY
2. MAKE IT STABLE IN VALUE
1. MAKE IT HARD TO COPY
2. MAKE IT STABLE IN VALUE
3. MAKE IT APPLICABLE
1. MAKE IT HARD TO COPY
2. MAKE IT STABLE IN VALUE
3. MAKE IT APPLICABLE
4. MAKE IT SUPERIOR
THEN YOUR CLIENT WILL DEFINITIVELY…
NO
W
LEAVE THE
COMPETITION STUCK
AN
D IN T
FUT HE
U RE
LEAVE THE
COMPETITION STUCK
STEP
UPD
AND ATE
EXPAND
DE D
REDESIGN
8
YOUR ORGANIZATION
REDESIGNING YOUR ORGANIZATION AS A
DESIGNER:
1. SPECIALIZE FUNCTIONS THAT ADD VALUE
2. BUILT COORDINATION IN BETWEEN
3. REALIGN BASED ON MARKET INTERACTION
4. REPOSITION TO ENABLE EMPLOYEES
5. ORGANIZE AROUND THE CLIENT
PS. THERE ARE NO RULES FOR REDESIGNING AS
A DESIGNER
STEP
UPD
AND ATE
EXPAND
DE D
9
REORGANIZE
YOUR ALLIANCES
IF YOU WANT TO COCREATE…
FORM AN
ALLIANCE
IF YOU WANT TO MASS INNOVATE…
USE
CROWDSOURCING
STEP UPD
AND ATE
EXPAND
DE D
10
REFINANCE
YOUR COMPANY
IF YOU’RE RUNNING A REVITALISED AND
RENEWED BUSINESS
flickr.com
ERLET SHAQE
CEO of NEA-GROUP
© 2009
web www.erletshaqe.com
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