Webinar 1-v3-planning-challenges

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  • People are the heart of strategy execution and the key to success is not to wait for monthly performance numbers to tell you how you did, but to affect operations before time and money is spent
  • A new era has emerged not just because of technology , but because it is a better way to conduct business and benefit from the intelligence of the masses.
  • Webinar 1-v3-planning-challenges

    1. 1. Planning & Execution for Small & Medium Sized Businesses<br />Matt Johnson<br />Founder of OmniStrat<br />and<br />Darion Miller, Fluent Concepts<br />
    2. 2. 25<br />Why Plan?<br />Have you ever missed your goals?<br />Were you following a plan?<br />Was the plan in PowerPoint or Excel?<br />How much time was spent on it?<br />How much time after?<br />The heart of the challenge you face<br />
    3. 3. 25<br />When Strategies Fail… Companies Fail<br />33% of strategic plans fail, <br />of those 85% are preventable<br />– Forbes Insights‘09<br />Pain<br />
    4. 4. 25<br />When Strategies Fail… Companies Fail<br />47% of CEOs ranked “Consistent execution of strategy” <br />their highest challenge<br />– The Conference Board ‘10<br />Priority<br />
    5. 5. 25<br />When Strategies Fail… Companies Fail<br />40%-60% of strategic potential lost during execution<br />– Harvard Business Review ‘04<br />Significance<br />
    6. 6. What’s Missing From This Picture?<br />Reports<br />Dashboards<br />KPI’s<br />Forecasts,<br />Budgets,<br />Plans?<br />?<br />People make results happen<br />
    7. 7. 25<br />Planning is hard work<br />
    8. 8. Why Do Plans Fail?<br />Data vs. analysis<br />Cognitive Bias<br />Buy-in<br />Visibility<br />Assumptions<br />
    9. 9. 25<br />Too late for one company<br />
    10. 10. 25<br />Alternatives<br />Good Luck<br />Not Accessible<br />Indirect Measure<br />
    11. 11. Performance Monitoring is not Strategy<br />ü<br />Key <br />Performance<br />Indicators<br />People<br />
    12. 12. 25<br />Small and Mid-Sized Advantage<br />Strategy is about <br />people<br />BI vendors are about <br />data integration <br />Leaders<br />Supply Chain<br />Management<br />Formulate<br />Alignment<br />Forecasting<br />&<br />Budgeting<br />Knowledge<br />Management<br />Enterprise<br />Reporting<br />System<br />Business<br />Process<br />Mgt<br />Document<br />Mgt<br />Managers<br />CRM<br />Data<br />Warehouse<br />Approval<br />Implement<br />Product<br />Lifecycle<br />Mgt<br />Accounting<br />Systems<br />Enterprise<br />Resource<br />Planning<br />Employees<br />Innovation<br />Mgt<br />Project<br />Mgt<br />Accountable<br />Activities<br />Procurement<br />management<br />
    13. 13. 25<br />Your Mission<br />Reclaim lost strategic potential<br />Risk<br />Alignment<br />Success<br />
    14. 14. The Game Has Changed<br />ü<br />Communication<br />& <br />Collaboration<br />COMMAND<br />&<br />CONTROL<br />
    15. 15. 25<br />New Opportunities<br />People<br />Internet<br />Improved<br />Execution<br /><ul><li>Social Networks
    16. 16. Collaboration
    17. 17. Predictive Markets
    18. 18. Crowd Sourcing</li></li></ul><li>Why Do Plans Fail?<br />How to Resolve<br />Democratize<br />Data vs. analysis<br />Cognitive Bias<br />Buy-in<br />Visibility<br />Assumptions<br />Other perspectives<br />Include employees<br />Capture people data<br />Monitor<br />
    19. 19. Thank You<br />Sign up for a FREE account <br />www.omnistrat.com<br />

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