Global Financial Meltdown: Surviving? No! Thriving!

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Presentation covering The World After Midnight to New Rules for The New World to change, innovation, project types and leadership.

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  • Schrödinger's Cat: A cat, along with a flask containing a poison, is placed in a sealed box. If an internal Geiger counter detects radiation then the flask is shattered, releasing the poison which kills the cat. Quantum mechanics suggests that after a while the cat is simultaneously alive and dead. Yet, when we look in the box, we see the cat either alive or dead, not a mixture of alive and dead.
  • 1/ 300 000 Number of ‘recorded; ideas put into action and audited as making money two years after launch 34,500,000 Results from a Google search on Consultants Innovation Change Advice 75% Percentage of Projects recorded as not delivering what was planned on time or to budget (Note 23% are recorded as failing completely) Pentacle 2006) Standish Group report 2004 51% and 15% 157,021 Amazon .com search on innovation 1,085 Amazon.com search on innovation+Creativity 65% Percentage of CEOs who intend to make ‘fundamental changes’ to their businesses over the next 2 years through innovation to their business models and new products and services IBM CEO survey Expanding the Innovation Horizon 2006
  • You become a manager when another manager gives you your corporate car keys ;-) …. Questions: Can you manage people above you? Can fear be a management tool for long? Can you manage people far from you? (Virtual teams)? Can you manage when you are not there? …
  • Now, if we accept the fact that setting up a Business Process Tool is a project, and that any project is a ‘chunk of change’, >>>> we need to make sure we address project management the right way in the new world … (Introduction to the idea that a Business Relationship, in the new world, MUST be build depending on the type of project … : When did you last met a project where the ‘How’ and ‘What’ were clear? When was the last time your customer requirements where clear? ….. …..) Present Project Types: Fog Quest Movie Paint by Numbers
  • Global Financial Meltdown: Surviving? No! Thriving!

    1. 1. The Global Financial Meltdown Surviving? No! Thriving!
    2. 2. Welcome to Your Global Financial Meltdown!
    3. 6. Events evaporate, patterns persist What’s Up?
    4. 7. “ This modern risk-management paradigm held sway for decades,” he said. “The whole intellectual edifice, however, collapsed ... .” “ In other words, you found that your view of the world, your ideology, was not right, it was not working.” “ Absolutely, precisely. ... I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.” Oops!
    5. 8. Copyright Eddie Obeng 2000 - 2009 All rights reserved Old World Evolve, Dominate or Die We have been successful by: EvolveDominate or Die TM New World We will be successful by: Copyright Eddie Obeng 1995- 2009 Copyright Pentacle 2009 All Rights Reserved Not To Be Reproduced, Copied or Modified WorldAfterMidnight.com I personally have been successful by: I personally will be successful by:
    6. 9. <ul><li>Schrödinger's Cat: Alive and D ead </li></ul>Evolve, Dominate or Die
    7. 10. New World Scrhödinger Cats
    8. 11. New Rules for the New World :- New Rules for the New World TM
    9. 12. 1. Say AND not OR! Is your solution integrative? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 2. Assume Fair=Different not Fair=Equal Does your solution recognise the need to tailor actions to meet different populations/needs? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 3. Change DEPENDENCE to INTERDEPENDENCE Is your solution capable of self governance? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 4. Do NOTHING of NO use! Is your solution designed to ensure focus on delivering to your goal of making money (delivering benefit to society)? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 5. Stakeholders rule OK! Is your solution designed around the people who have to deliver it and live with the results? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 6. Make time fit! To what extent have you made or scoped your solution to the possible rather than the ‘nice to have’ impossible Is this rule relevant in this situation? If not why not? What do you need to change about your solution? NewWorldTM Check-List 7. CHUNK IT OR JUNK IT!’ Have you reduced the scope to de-risk your solution appropriately? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 8. ALL CONSTRAINTS INTO MEAT SPACE Have you ensured that your solution appropriately uses new technologies? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 9. Unlearn EVERYTHING ! Have you ensured that your solution appropriately uses new knowledge? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 10. Don’t change anything ! Have you taken into account the overall impact of change on your ability to deliver results? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 11. LOOP IT UP! Is your solution self-sustaining? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 12. Go VIRTUAL! Have you developed a solution with powerful results which relies on an approach which is not popularly adopted? Is this rule relevant in this situation? If not why not? What do you need to change about your solution? 12 New Rules for our Real World Thinking for a New World
    10. 13. Change & Innovation My Favorite Statistics 75% 1/300,000 65% 34 , 500 ,000 157,021 1,085
    11. 14. How do you Become a Manager?
    12. 15. Good Fast Where do you place your string? FastGoodCheap TM Cheap Length of string
    13. 16. Chunking or Junking V & W Curves
    14. 17. Know WHAT Know HOW Don’t Know HOW Don’t Know WHAT PAINT BY NUMBERS MOVIE Change in the New World Types FOG QUEST
    15. 18. What do general Schwartzkopf and Richard Branson have in common? Leadership
    16. 19. Leadership Leading Change
    17. 20. Leadership Leading Change/Projects “ Yes we can” WHAT? Change ? HOW? Clear WHAT! I know how!
    18. 21. Risk Management The Alien Invasion Identify Kill Contain Monitor Plan B
    19. 22. Fears /Risks (at the start) Contingency or Plan B < Fears /Risks still left only> Monitoring < Fears /Risks still left only> Fears /Risks (still left) Contain-ment Actions Fix-It-NOW ! Use: Hopes&Fears TM , What went wrong in the past, etc When it all goes wrong: Insurance? Money? Alternatives? Early Warning signs - Who’s looking out? <Copy remaining Fears from first column to this on> How do we stop it affecting/ wrecking everything else? What to do? - By Who? - By When? Fix-It-Now 3 TM Surviving the Aliens Fix-It-NOW 1. IDENTIFY THE DANGER 5. IF ALL PLANS FAIL - NOW WHAT? 4. KEEP AN EYE ON IT IF YOU’RE SAFE 3. LIMIT IT/ CONTAIN IT 2. KILL IT NOW! RELAX OR... Title/ Objective____________________________ Your point of view... Their point of view... De-Risking Identify > Kill > Contain > Monitor > Plan B
    20. 23. Anxiety Gap 100 % Completion Deliverables % of Target Time 50 100 50 1 2 3 Œ  Ž Actions to take to fill the gap THE ANXIETY GAP Reality Expectations Anxiety Gap
    21. 24. Building trust with… NAME For the purpose of... Promise What: By when? Remind them you Promised and You’ve Done it How was reminder made? Response? Do It Delivered? Round 1 Promise What: By when? Remind them you Promised and You’ve Done it How was reminder made? Response? Do It Delivered? Round 2 Promise What: By when? Remind them you Promised and You’ve Done it How was reminder made? Response? Do It Delivered? Round 3 Promise What: By when? Remind them you Promised and You’ve Done it How was reminder made? Response? Do It Delivered? Round 4 Test E.g., Would you be comfortable with me doing/ saying/ etc in your absence? BlyndTrussed TM BlyndTrussed TM
    22. 25. My Greatest Hopes My Greatest Fears Group Greatest Hopes Group Greatest Fears … for this session... Agreed Ground-rules/ De-riskers Hopes&Fears TM Hopes&Fears
    23. 27. Thank You! [email_address]

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