This is an explanatory pack explaining how business modelling is different to the commonly held beliefs that it is either a financial forecast or a commercial forecast.
August White Paper 1/2017: Winning Through Better Organizational PerformanceAugust Associates
One of management’s key tasks is to keep improving the performance of their organization. This is particularly important, as markets expect continuous improvement in profitability and growth, but delivering such results is difficult in today’s stagnant economy. No wonder so many Finnish companies have told us that building a high-performing organization is at the top of their list of strategic priorities. But how should you go about it?
Making Strategy Work for Entrepreneurssohailgondal
Challenge: Traditional strategic planning approach fails to handle the ambiguity, uncertainty and complexity prevailing in entrepreneurial environments. Consequently, these barriers become the reason for entrepreneurs to jettison robust strategic thinking or management
Way Forward: An effective strategic planning capability can do more than address the common and predictable issues that cause a new ventures demise. This paper defines an agile approach to strategy that balances the rigor and speed entrepreneurs need.
For Professional Services Firms the rules of strategy setting are different. Without knowing the differences instantly sets your firm into a dilemma and causes untold damage to turnover and growth as well as individual partner/director career development.
August White Paper 1/2017: Winning Through Better Organizational PerformanceAugust Associates
One of management’s key tasks is to keep improving the performance of their organization. This is particularly important, as markets expect continuous improvement in profitability and growth, but delivering such results is difficult in today’s stagnant economy. No wonder so many Finnish companies have told us that building a high-performing organization is at the top of their list of strategic priorities. But how should you go about it?
Making Strategy Work for Entrepreneurssohailgondal
Challenge: Traditional strategic planning approach fails to handle the ambiguity, uncertainty and complexity prevailing in entrepreneurial environments. Consequently, these barriers become the reason for entrepreneurs to jettison robust strategic thinking or management
Way Forward: An effective strategic planning capability can do more than address the common and predictable issues that cause a new ventures demise. This paper defines an agile approach to strategy that balances the rigor and speed entrepreneurs need.
For Professional Services Firms the rules of strategy setting are different. Without knowing the differences instantly sets your firm into a dilemma and causes untold damage to turnover and growth as well as individual partner/director career development.
Improving Organisational Performance through Strategic Process Alignment By ...E Squared UK Ltd
This paper aims to address a thorny and controversial issue. Can process management, usually seen as a very tactical operation, be applied to organisations in such a way that it might enable them to improve their corporate performance? In particular can process be used as a tool to ensure that effort across the organisation is pulling in the right direction?
In a Fit for Growth transformation -- one that starts with the premise that all spending is investment and every cost is a choice -- the three phases of change are managed in such a way that people understand the strategic rationale for the decisions handed down, even when they are tough, and their role in shaping the new organization is clear. They are able to forge ahead, confident that choices were made for the good of the company's future. When trust prevails, so does the company's vision, helping to ensure that the effects of the transformation can be sustained.
Everyone knows that unmotivated employees create problems
in the workplace. But what’s worse is having people who are
motivated – but cannot turn their enthusiasm into action. An employee effectiveness survey
is truly effective when it also addresses the factors that stop
your staff from performing to the best of their ability.
HR Driving the Business of the BusinessAnil Saxena
This is a presentation built around a session I lead. The purpose of this session is to support the movement that HR is a unique position to be a primal force in driving organizational performance:
o Increasing Market-share
o Driving customer loyalty
o Enabling positive public perception
o and so much more
“The senior HR executive [needs to be] a business person first and an HR leader second. They need to decipher and deliver.” - Claude Balthazard and Susan Robinson
Senior HR leaders drive and create the nexus of the where the business and the only resource that appreciates meet, its people.
But how does that happen? How does all of HR become an integral tool to drive overall organizational performance in measures that matter to business leaders - increased revenue, increased sales per customer, lower customer acquisition costs, and all the other measures that senior leaders make decisions based upon?
By leading the effort to become a Culture of Performance.
Building an effective business architecture and metrics capabilityMatthew De George
Building an effective business architecture capability is fundamentally about organisational change management. A siloed business architecture capability is no capability at all. This is a conversation starter by Matthew De George to help ensure your initiative gets off to a good start.
https://www.rockstarselection.com/
Emergency Job Profiling analysis report - for 'Remote Workers' in the new post-pandemic 'Distance Economy'.
Rockstar Selection® shows a Sample 23 Page Report Job Survey analysis for a sample role: Data Scientist.
Reports are unique:
1. For each and every Role
2. At each and every Level
3. In each and every organisation.
email us at hello@rockstarselection.com to conduct your Free Emergency Job Profile survey for your organisation.
Visit our website for more information: https://www.rockstarselection.com/
The study of Pepsi Co need for organizational diagnosis and design to reduce marketing to children. Organizational diagnosis and design uses change management, tipping points, marketing, Business Case and Discovery, strategic grouping, transitioning, and talent and leadership.
Creativity, Strategic Thinking and Statistical ModelsJames Neils
It may seem something of an oxymoron to suggest creativity and strategic thinking fit with statistical models. This article seeks to demonstrate how statistical models can help executives improve their strategic thinking.
Improving Organisational Performance through Strategic Process Alignment By ...E Squared UK Ltd
This paper aims to address a thorny and controversial issue. Can process management, usually seen as a very tactical operation, be applied to organisations in such a way that it might enable them to improve their corporate performance? In particular can process be used as a tool to ensure that effort across the organisation is pulling in the right direction?
In a Fit for Growth transformation -- one that starts with the premise that all spending is investment and every cost is a choice -- the three phases of change are managed in such a way that people understand the strategic rationale for the decisions handed down, even when they are tough, and their role in shaping the new organization is clear. They are able to forge ahead, confident that choices were made for the good of the company's future. When trust prevails, so does the company's vision, helping to ensure that the effects of the transformation can be sustained.
Everyone knows that unmotivated employees create problems
in the workplace. But what’s worse is having people who are
motivated – but cannot turn their enthusiasm into action. An employee effectiveness survey
is truly effective when it also addresses the factors that stop
your staff from performing to the best of their ability.
HR Driving the Business of the BusinessAnil Saxena
This is a presentation built around a session I lead. The purpose of this session is to support the movement that HR is a unique position to be a primal force in driving organizational performance:
o Increasing Market-share
o Driving customer loyalty
o Enabling positive public perception
o and so much more
“The senior HR executive [needs to be] a business person first and an HR leader second. They need to decipher and deliver.” - Claude Balthazard and Susan Robinson
Senior HR leaders drive and create the nexus of the where the business and the only resource that appreciates meet, its people.
But how does that happen? How does all of HR become an integral tool to drive overall organizational performance in measures that matter to business leaders - increased revenue, increased sales per customer, lower customer acquisition costs, and all the other measures that senior leaders make decisions based upon?
By leading the effort to become a Culture of Performance.
Building an effective business architecture and metrics capabilityMatthew De George
Building an effective business architecture capability is fundamentally about organisational change management. A siloed business architecture capability is no capability at all. This is a conversation starter by Matthew De George to help ensure your initiative gets off to a good start.
https://www.rockstarselection.com/
Emergency Job Profiling analysis report - for 'Remote Workers' in the new post-pandemic 'Distance Economy'.
Rockstar Selection® shows a Sample 23 Page Report Job Survey analysis for a sample role: Data Scientist.
Reports are unique:
1. For each and every Role
2. At each and every Level
3. In each and every organisation.
email us at hello@rockstarselection.com to conduct your Free Emergency Job Profile survey for your organisation.
Visit our website for more information: https://www.rockstarselection.com/
The study of Pepsi Co need for organizational diagnosis and design to reduce marketing to children. Organizational diagnosis and design uses change management, tipping points, marketing, Business Case and Discovery, strategic grouping, transitioning, and talent and leadership.
Creativity, Strategic Thinking and Statistical ModelsJames Neils
It may seem something of an oxymoron to suggest creativity and strategic thinking fit with statistical models. This article seeks to demonstrate how statistical models can help executives improve their strategic thinking.
Scenario planning: addressing a capability gap affecting industry competitive...Charles Edwards
Exponential population and technology growth is occurring at a rate never before seen in history. Together, these forces have created the data driven world we live in. The business landscape has become more competitive and complex given the increased level of capability required to scale, evolve and rapidly gain market share; shortening the business maturity life cycle.
A critical success factor to survival and succeed in both nature and business is the ability to learn and implement quickly – to adapt and evolve. By reducing the time it takes for your business to know what’s happening, learn what is needed for success and implement, you can outpace your competitors and capture new opportunities.
Today, there is an imperative to turn the vast seas of data into information, something usable which drives insights and enables us to make decisions which optimally utilise assets and resources. In operational speak, this entire process is enabled by excellence in Scenario Planning.
This white paper covers the relevancy of Scenario Planning today, an analysis of the stages of S&OP maturity and a case study on Simplot, a leading Australian food manufacturer with mature S&OP and Scenario Planning capabilities.
PDF available here: http://www.gra.net.au/uploads/resource/129-GRA-Scenario-Planning-White-Paper.pdf
GRA - Scenario Planning: Addressing a Capability Gap Affecting Industry Compe...Rebecca Manjra
Exponential population and technology growth is occurring at a rate never before seen in history. Together, these forces have created the data driven world we live in. The business landscape has become more competitive and complex given the increased level of capability required to scale, evolve and rapidly gain market share; shortening the business maturity lifecycle.
A critical success factor to survival and succeed in both nature and business is the ability to learn and implement quickly – to adapt and evolve. By reducing the time it takes for your business to know what’s happening, learn what is needed for success and implement, you can outpace your competitors and capture new opportunities.
Today, there is an imperative to turn the vast seas of data into information, something useable which drives insights and enables us to make decisions which optimally utilise assets and resources. In operational speak, this entire process is enabled by excellence in Scenario Planning.
This presentation covers the relevancy of Scenario Planning today including an analysis of the stages of S&OP maturity as well as a case study with Simplot, a leading Australian food manufacturer and a leader in S&OP maturity and Scenario Planning.
The outcome of this executive workshop had identified four recommendations for the retail industry:
• Understanding the pain points and identifying the right use cases
• Demonstrating the value and gaining the leadership commitment
• Developing enterprise wide capabilities to increase the business impact
• Taking small steps to solve the pain points by validating the value
Scaling up a business is not easy. Many start-ups, family business or professional run firms fail to scale to next level of operations. In this white paper, Browne & Mohan consultants share a framework that is successfully employed by companies to guide their scaling up process.
Reflection or meditation is not something we get a lot of time to do in business, but it can be very easy to do and is incredibly valuable as a skill. This is a short presentation on the subject.
Food manufacturers are not unique in the problems they have in evolving and becoming more competitive in their market place. This is a short presentation that talks to the main reasons manufacturers find it so hard t adapt and change and improve their performance.
A guide to optimising hand lines in manufacturing Finidhyn
A short introduction to the process of line balancing in production/manufacturing environments that use many people on a line. This is a very valuable tool to allow people to increase capacity whilst reducing labour costs.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
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Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
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Why business modelling is different to just forecasting or financial projections
1. How it differs and informs
commercial forecasting,
fi
nancial
projections and strategy making
BUSINESS
MODELLING
2. There is some confusion around the term “business modelling”.
Some people think that a
fi
nancial projection is a model or a commercial
forecast is a model. These are often static extrapolations of the status
quo.
A dynamic business model seeks to explore the mathematical
relationships at the heart of the business model itself; allowing scenarios
to be explored and a greater understanding of how the business works
and responds to change, helping inform the static projections normally
found in a business.
WHY DOES BUSINESS
MODELLING REQUIRE
CLARIFICATION?
3. 3
MODELLING AS
A DISCIPLINE
Without modelling,
functional forecasts and
projections exist without
suf
fi
cient cross
functional challenge
Commercial forecast Operational planning
Financial projection
Corporate strategy Business modelling
Externally focussed
Competition/Market driven
Unconstrained
Blue Sky/Ocean
Directional
5-10 years
Aspirational
Vision driven
Strategy Driven
Product driven
Market driven
Competitor driven
Statistical
Seasonal
Promotional
Customer driven
Aspirational
Uncertain
Constrained
Governable
Negotiated
Aspirational
Linear
Responsive
Cost driven
Constrained
Lagging
Chaotic
Dictated
Physical
Mathematical
Statistical
Relational
Derived
Unconstrained
Creative
Problem solving
Instructional
Directional
Shaping
Educational
Iterative
Aligning
Negociable
Complex
Business modelling informs the business planning
process and increases accuracy or organisational response
Business modelling
Generally, functions tend to develop strategy within their functional silos with limited reference to other silo constraints. This results in unintentional
barriers to implementation in the future which lead to delays in strategy execution and huge costs.
Costs of this sort of behaviour are rarely seen as avoidable and due to the long time frames between initiation and realisation, many of the original actors
have left the business, contributing further to the lack of connection between strategy development, modelling, scenario planning and the current crisis.
Unless the behavioural patterns are broken and good practice installed the organisation will continue to make large costly mistakes.
5. WHAT DOES MODELLING DELIVER?
5
1
RELATIONSHIPS
Modelling
fi
nds the hidden relationships in
a business. The non-linear or potential
black swan events in data and operations.
2
DIRECTION
It allows multiple scenarios to be considered by
the business and to understand the bene
fi
ts and
constraints of each leading to better decision
making.
3
CONTRAINTS
It identi
fi
es the operational and
fi
nancial
constraints that would prevent strategy
from being implemented in the future.
4
ACCURACY
Through challenge and data cross-reference and
scenario consideration, it increases the accuracy
of the organisational response leading to more
pro
fi
table outcomes.
5
INCONSISTENCIES
It challenges functional assumptions and
inconsistencies within cross functional
maths that effect strategy and
implementation.
6
COHERENCY
Understanding, challenge, consideration of
alternatives, better analysis, all lead to more
organisational coherence at a strategic and
operational level.
6. BUT WHY
DOESN’T MY
CURRENT
APPROACH DO
ALL OF THIS?
FUNCTIONAL
MOTIVATIONS
CORPORATE
NEED
OVERRIDING BU
REQUIREMENTS
INCENTIVES
FIRE
FIGHTING
INACCURACY
LACK OF
PROCESS
AMBITION
6
LACK OF
SKILLS
LACK OF
TIME
7. WHERE MODELLING REALLY HELPS
7
Corporate
transformation
Modular
transformation
Incremental
adjustment
Fine tuning
• Corporate wide
• Radical shift in strategy
• Revolutionary change
• Major realignment of divisions
and departments
• Radical change at sub-part level
• Incremental adjustments to the
changing environment
• Modi
fi
cation in strategy,
structure and process
• Change to “best
fi
t”
• Incremental change to process,
systems and behaviours
• Reformed organisation mission &
core values
• Altered power and status
affecting the distribution of
power in the organisation
• Reorganisation - major changes
in structures, systems &
procedures across the
organisation
• Revised interaction patterns, new
procedures, work-
fl
ows,
communication networks and
decision making patterns across
the company
• New executives, external to the
company in key management
positions
• Major restructuring of
particular departments and
divisions
• Changes in key managerial
posts in these areas
• Productivity push reducing
headcount
• Reformed department/
divisional goals and objectives
• Introduction of signi
fi
cantly
new process technologies
affecting key departments or
divisions
• Expanding sales territory
• Shifting the emphasis among
products
• Improved production process
technology
• Articulating a modi
fi
ed
statement of mission to
employees
• Adjustments to organisational
structures within or across
divisional boundaries
• Re
fi
ning policies, methods and
procedures
• Creating specialist units and
linking mechanisms to permit
increased volume and
increased attention to unit
quality and cost
• Developing personnel to suit
strategy
• Fostering group commitment to
company mission and
departmental goals
• Promoting con
fi
dence in
accepted norms, beliefs and
myths
• Clarifying established roles
MODELLING SUPPORTS CHANGE
8. WHY MODELLING REALLY HELPS
8
Dif
fi
culties
! Tend to be smaller in scale
! Are less serious in their implications
! Can be considered in relative isolation from their
organisational context
! Have clear priorities as to what might need to be
done
! Generally have quanti
fi
able objectives and
performance indicators
! Have a systems/technical orientation
! Generally involve relatively few people
! Have facts which are known and which contribute to
the solution
! Have agreement from people as to what the problem
is
! Tend to have a range of solutions
! Have known time scales
! Are ‘bounded’ in that they can be considered
separately from the wider organisational context and
have minimal interactions with the environment
Messes
! Tend to be larger in scale
! Have serious and worrying implications for all concerned
! Are an interrelated complex of problems which cannot be
separated from their context
! Have many parties, agendas, persuasions, points of view
involved in the problem
! Have subjective and at best semi-quanti
fi
able objectives
! Have an absence of knowledge of factors and an
uncertainty as to what needs to be known
! Have little agreement on what constitutes the problem ,
let alone what the solution might be
! Have usually been around for some time and may not be
fi
xable - Improvement may be the best that can be hoped
for.
! Have fuzzy time scales
! Are ‘unbounded’ and endemic to the organisation and
sometimes beyond
Corporate
transformation
Modular
transformation
Incremental
adjustment
Fine tuning
Modelling
9. WHY IS IT
SEPARATE FROM
WHAT I DO NOW?
Most of us deal with the day to day of running our businesses, we deal with “real” numbers and “real” events in real-time.
Modelling deals with the future based on the maths of your organisation. It often redetermines the maths of a business
model and forecasts events as scenarios based on a changed version of reality.
Modelling is
fl
uid and can manoeuvre through many realities or scenarios with ever changing assumptions.
Generally if you are not used to moving in evolutionary conceptual space from a business planning process, all of this can
seem very intangible and frustrating and “airy fairy” compared to the daily business you are used to.
To model like this requires a great deal of operational change experience
across multiple business models, industries, scale and complexity.
Knowing when to leave an option open and unresolved versus closing and
consolidating a course of action requires experience and insight.
Modelling is not a full time job in an organisation so therefore does not
normally need a full-time function.
It is for this reason that advanced business modelling skills tend not to reside
in your organisation and you need to invite them in to help you from time to
time.
10. ANDREW WILSON MBA
You might like to consider outsourcing your forecasting
or projections or seek support on operational planning
and modelling of future scenarios. If so I would be
delighted to talk it through with you.
IF YOU WOULD LIKE
TO KNOW MORE
Contact Andrew Wilson (Chief modelling Elf)
www.opstratchek.info
andrew_wilson@opstratchek.info