Future Trends, Strategy and Change Management - keynote for BASF

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How to make change happen. Secrets of rapid change management, leadership, motivation and team development. Key trends for chemical companies such as BASF Care Division. Lessons from green tech innovation, pharma problem solving, technical manufacturing challenges, process innovation, customer relationship management.

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Future Trends, Strategy and Change Management - keynote for BASF

  1. 1. Accelerate  Your  Future   How  to  respond  to  key  trends,   develop  strategy  and  change  rapidly   ! Dr Patrick Dixon Chairman Global Change Ltd

  2. 2. Keynote  for  BASF  Care  senior  leaders  -­‐  change   management,  strategy  and  key  trends.   ! Patrick  Dixon  is  Chairman  of  Global  Change  Ltd  and   has  been  ranked  one  of  20  most  influenKal   business  thinkers  alive  today  (Thinkers  50)   ! For  hundreds  more  presentaKons  and  arKcles:   hQp://www.globalchange.com   Over  5  million  video  views:     hQp://www.youtube.com/pjvdixon  
  3. 3. ALL      BIG      TRENDS      ARE      RELATED   ! ! ! ! ! ! ! ! How  are  compeKtors  also  planning  to  change?  
  4. 4. ! 75% of change management programmes fail to deliver
  5. 5. “….not  because  leadership     don’t  adequately  address   infrastructure  process,  or  IT   issues,  but  because  they  didn’t   create  the  necessary  groundswell   of  support  among  employees”   ! PricewaterhouseCoopers  research  2007
  6. 6. Who  cares  about     the  new  strategy?  
  7. 7. Why  should  they  change  ?
  8. 8. All  effecKve   leadership  comes   from  powerful   VISION  of  a  much   beQer  future
  9. 9. ONE  WORD   will  drive  the   future  
  10. 10. • Click  to  edit  Master  text  styles
  11. 11. ! Strategies and change management programmes often overtaken by events ! Teams often resist change because “it will probably be changed again”
  12. 12. Boom Bust
  13. 13. Shale gas 33% US supplies 3.3m US jobs $468bn pa + more oil produced than Saudi by 2020 ! 200 years global supply Up from 60 years in 5 years
  14. 14. 5  coal  plants  replace  with  gas  =  9000  megawa?s  wind   57  coal  plants  closed  in  US  in  2012  
  15. 15. Germany  Power  Surplus ! • In  June  2013  -­‐  so  much  wind  and  solar  that   electricity  prices  became  negaKve     • -­‐  minus  EU150  /  MWhr  !!        (normal  EU50)
  16. 16. Europe Dying ! 4 couples to produce single great-grand child
  17. 17. The future is about EMOTION
  18. 18. “Great  customer  experiences”    
  19. 19. 80%  lost  in  seconds  
  20. 20.                
  21. 21. EU20,000  Challenge   “4  word  phrase  is  basis     of  all  markeKng,   moKvaKon,  change   management   and  leadership”
  22. 22. Cost  saving  oDen  a  weak  moEvator COST CUTTING Can be demoralising
  23. 23. Webagility Case  Study:  Making  case  for  change —What  -­‐  big  vision   —Why  -­‐  business  case   —Who  -­‐  leadership  and  responsibility   —How  -­‐  strategic  plan   —When  -­‐  Emed  goals  and  measurable  impacts
  24. 24. Change  Management — Clear vision and understanding of purpose — Clear champion with strong mandate — All stakeholders involved and owning process — Changes compatible with rest of organisation — Changes supported by structure / incentives — Risks understood and properly managed — Operational reliability requires stability — Some negative impact on short term performance is likely — Clear scope / boundaries — Adequate resourcing / prioritisation — Monitoring / evaluation of progress and impact — Dealing with wider impacts beyond project management
  25. 25. Dealing  with  Resistance — Business  unit  heads  and  team  leaders  must  feel  in   control   — Form  coaliEons   — Deal  sensiEvely  with  conflicts  and  egos   — Align  all  bonusable  objecEves  /  targets   — Resist  death  of  genius  by  a  thousand  cuts   — Prove  early  benefits  (ensure  a?ributed  to  changes!)
  26. 26. Build a Better World ! individual family community world
  27. 27. 60  seconds   opportunity  /  challenge   why  it  really  maQers   pracKcal  soluKon   next  steps   !
  28. 28. Make  it     HAPPEN  
  29. 29. RESOURCES ! >500 videos of Keynotes http://www.youtube.com/pjvdixon Over 5 million views ! Global Trends Website: http://www.globalchange.com 15 million unique visitors

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