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Changing'Your'Business'Prac1ce'To'
Meet'New'Requirements'In''
An'Evolving'Environment'
Mike'Langton'
21'August'2014'
Succeeding'In'An''
Evolving'Environment'
Mike'Langton'
21'August'2014'
Life'Cycle'of'an'Organisa1on'
VALUE&
TIME&
Life'Cycle'of'an'Organisa1on'
VALUE&
TIME&
3'Horizons'
VALUE&
TIME&
*'Alchemy'of'Growth'–'Perseus&Books&,&U.S.,&1999&|&Mehrdad'Baghai,'Stephen'Coley,'and'David'White'
''
3'Horizons'
VALUE&
•  Defend'and'extend'the'current'business'
•  Define'performance'strategy'&'targets'
•  Create'a'culture'of'cost'responsibility'
•  Cul1vate'a'customer'centric'mind'set'
•  Earn'the'right'to'grow'
Horizon&1&
TIME&
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current&
New&
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current& Market'penetra1on'
New&
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current& Market'penetra1on'
New&
3'Horizons'
VALUE&
•  Business'builders'explore'emerging'opportuni1es'
•  Grow'select'highYpoten1al'candidates'
•  Define'the'plaZorms'of'capabili1es'
•  Take'a'stepYbyYstep'approach''
Horizon&2&
TIME&
3'Horizons'
VALUE&
Horizon&3&
•  Visionaries'dream'up'viable'op1ons'
•  Seed'future'offerings'that'are'strategic'
•  Cul1vate'entrepreneurship'
•  Breed'business'builders'
•  Create'the'right'incen1ves'
TIME&
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current& Market'penetra1on' Service'development'
New&
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current& Market'penetra1on' Service'development'
New&
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current& Market'penetra1on' Service'development'
'
New& Market'development'
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current& Market'penetra1on' Service'development'
New& Market'development'
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current& Market'penetra1on' Service'development'
New& Market'development' Diversifica1on'
Ansoff'Matrix'
SERVICES&
Current& New&
&
&
&
&
&
&
MARKETS&
Current& Market'penetra1on' Service'development'
New& Market'development' Diversifica1on'
3'Horizons'
VALUE&
Horizon&3&
•  Visionaries'dream'up'viable'op1ons'
•  Seed'future'offerings'that'are'strategic'
•  Cul1vate'entrepreneurship'
•  Breed'business'builders'
•  Create'the'right'incen1ves'
•  Defend'and'extend'the'current'business'
•  Define'stretch'performance'targets'
•  Create'a'culture'of'cost'responsibility'
•  Cul1vate'a'customer'centric'mind'set'
•  Earn'the'right'to'grow'
Horizon&1&
•  Scenario'forecas1ng'
•  Business'builders'explore'new'opportuni1es'
•  Grow'select'highYpoten1al'opportuni1es'
•  Define'the'plaZorms'of'capabili1es'
•  Take'a'stepYbyYstep'approach''
Horizon&2&
TIME&
There must be more to it than that, right?
Strategic Awareness – Now & Long term
Key Success Factors of Your Service
Key Risk Factors of Your Service
Data & Analytics – Beyond the Financials
Role of the Board
Role of the Exec
Composition of Both
Be Prepared to Make Mistakes
Any plan is worthless without Action
The'Fundamentals'
•  Manage'and'plan'for'all'3'Horizons'
•  Strategic'Awareness'–'Immediate'&'Long'term'
•  Data'&'Analy1cs'–'beyond'the'Financials'
•  Key'Success'Factors'of'your'Service''
•  Key'Risk'Factors'of'your'Service'
•  Role'of'the'Board'
•  Role'of'the'Exec'
•  Composi1on'of'Both'
•  Be'prepared'to'Make'Mistakes'
•  Any'plan'is'worthless'without'Ac1on'
Thank you
Mike.Langton@fpi.org.au'|'08'9792'3333'
Forrest'Personnel'Inc.'

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Changing Your Not For Profit To Succeed In A Fast Changing Environment