Management C-level balancing act
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Management C-level balancing act

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During periods recession companies move away from innovation and expansion to: Stick to the knitting; back to basics; focus; look for low hanging fruit; downsize; cut the slack; cut costs and ...

During periods recession companies move away from innovation and expansion to: Stick to the knitting; back to basics; focus; look for low hanging fruit; downsize; cut the slack; cut costs and optimize everything. All of this puts C-Level managers under pressure and after a prolonged period leaves them ill equipped to make all the changes for recovery. At the same time; good people have left the company, and those that can have retired! Those remaining are wary of taking any risks, are neot generally innovators, and just want a safe and stable existence.

Add to all this the migration to an unstable and chaotic world of networked people and things, and no wonder managers are tired, stressed and struggling. So what can they

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Management C-level balancing act Management C-level balancing act Presentation Transcript

  • The ‘C Level’ Management Balancing Act T t D Peter Cochrane cochrane.org.uk COCHRANE a s s o c i a t e s ca-global.org Friday, 27 September 13
  • Why are managers and management systems so: - Exhausted ? - Ineffective ? - Insecure ? - Stressed ? - Unsure ? ...and a growing internal risk to their companies ? Friday, 27 September 13
  • - Stick to the knitting - Back to basics - Cut the slack - Cut costs - Optimise During recessional times: Don’t look up Quick wins Play safe Cut back Focus,Focus... Friday, 27 September 13
  • The Casualties Travel Training Education R&D Innovation Investment & Confidence Friday, 27 September 13
  • Perhaps even worse... Early retirement sees scarce skills sacrificed Good people leave People play safe focus on survival Moral suffers people become downbeat Friday, 27 September 13
  • But technology and change continued to a c c e l e r a t e . . . Friday, 27 September 13
  • Innovation A distant memory ? Certainly a current necessity ! Friday, 27 September 13
  • The last 8 years Text BYOD Clouds Social Networks StuxNet 3D Printing Genetic Programming Smarts Mobility AI Tablets Apps Anonymity Nets AR Flkr Twitter AL Friday, 27 September 13
  • Even worse - the world got complex in the mathematical sense !! Friday, 27 September 13
  • Connectivity, networking and the removal of delay have created a chaotic business, working and living environment... Friday, 27 September 13
  • We are talking buttefly wings causing storms 1000km away... Mathematical chaos with counter intuitive outcomes and unintended consequences Friday, 27 September 13
  • The solution ? Detailed modeling Accurate data War Gaming Artificial Intellingence Computer Simulation Monte CarloTrials DecisionTesting Big Data Friday, 27 September 13
  • Simple mangement seldom work thinking Models premise and are Dangerous Achieve objectives Friday, 27 September 13
  • The solution ? Initial Actions ? Reduce efficiency - create some slackDiversify business - create some resiliance Identify, recruit, empower - innovators Reduce focus and be holistic ! Friday, 27 September 13
  • The solution ? Initial Actions ? Reduce efficiency - create some slackDiversify business - create some resiliance Identify, recruit, empower - innovators Reduce focus be holistic ! Look for threats - Inside the company - outside your sector Friday, 27 September 13
  • Get on top of technology Identify new opportunities Do differently not just better Don’t micro-manage Macro-manage and lead Empower & encourage Buy into relevant techology Subsume start up teams Mix with the right people Set up/buy a techno watch Heel tap ideas/derection Friday, 27 September 13
  • The implications of rapidly advancing technology Everyone & everything is now connected/networking The world is no longer slow and linear, it is fast and chaotic - ie highly non-linear Excessive optimization leads to company collapse Long term survival demands diversity We have to move on from doing more with less to doing more differently The Hot Three Nano -Tech Bio-Tech AI - 3D Printing - Material Programing Genome - Protein Decode Printed Devices - mobiles Self repair Integrated batteries Programmable colour Distributed mproduction Virtualisation Friday, 27 September 13
  • Disruption Genome - Protein Decode Printed Devices - mobiles Self repairing materials Integrated batteries Programmable colour Programmable form Distributed production Virtualisation Friday, 27 September 13
  • Your Challenge Your biggest challenges To move away from linear thinking & methods Abandon Dickensian management methods Subsume the culture of the young Subsume the new technologies Lead you organization into an uncertain future To think the unthinkable and then take decisive action Friday, 27 September 13
  • Thank you ca-global.org cochrane.org.uk COCHRANE a s s o c i a t e s Friday, 27 September 13