Chief Strategy Officer Summit / "No one of us is smarter than all of us" - Radical responses to radical times.
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In a world that’s been characterised as volatile, uncertain, complex and ambiguous our organisations need to radically rethink how they operate. Key to this is unlocking the potential of the people within, by realigning around true purpose and baking collaboration into the heart of everything. Jenni Lloyd of digital transformation consultancy NixonMcInnes shares how their clients are adapting to the "new normal" market environment through the adoption of radical business practices. http://www.nixonmcinnes.co.uk/2014/05/08/no-one-of-us-is-smarter-than-all-of-us-why-radical-times-call-for-radical-business-practices/ See more at: http://theinnovationenterprise.com/summits/cso-ldn-2014/schedule#sthash.y6CMiQX1.dpuf
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Chief Strategy Officer Summit / "No one of us is smarter than all of us" - Radical responses to radical times.
- 1. #StrategyLDN / @NixonMcInnes / @jennilloyd “No one of us is smarter than all of us” Radical responses to radical times Chief Strategy Officer Summit / London / April 2014
- 2. #StrategyLDN / @NixonMcInnes / @jennilloyd We believe Great companies are communities of purpose
- 3. #StrategyLDN / @NixonMcInnes / @jennilloyd Our purpose is to create meaning in business
- 4. #StrategyLDN / @NixonMcInnes / @jennilloyd 18th Nov Save the date! The annual gathering for people who believe business can and must be better in the 21st century
- 5. #StrategyLDN / @NixonMcInnes / @jennilloyd Obligatory logo slide
- 6. #StrategyLDN / @NixonMcInnes / @jennilloyd First things first Take up your paper Take up your pen Draw the person next to you You have 30 seconds
- 7. #StrategyLDN / @NixonMcInnes / @jennilloyd We are all just people
- 8. #StrategyLDN / @NixonMcInnes / @jennilloyd Today 1. Setting the scene: the New Normal 2. Client stories: Being purposeful, being collaborative, being human 3. Takeaways: things to do tomorrow
- 9. #StrategyLDN / @NixonMcInnes / @jennilloyd VUCA
- 10. #StrategyLDN / @NixonMcInnes / @jennilloyd Volatile Uncertain Complex Ambiguous
- 11. #StrategyLDN / @NixonMcInnes / @jennilloyd Welcome to the New Normal
- 12. #StrategyLDN / @NixonMcInnes / @jennilloyd Big companies are dying quicker Average company lifespan on S&P 500 Index (in years)
- 13. #StrategyLDN / @NixonMcInnes / @jennilloyd
- 14. #StrategyLDN / @NixonMcInnes / @jennilloyd The hierarchies of yesterday are no match for the speed required of today
- 15. #StrategyLDN / @NixonMcInnes / @jennilloyd VUCA Prime Volatile Uncertain Complex Ambiguous Vision Understanding Clarity Agility thanks to Bob Johansen / Institute of the Future
- 16. #StrategyLDN / @NixonMcInnes / @jennilloyd LEADERSHIP Convenes the change community & hosts conversations that matter PURPOSE People are influenced, motivated and inspired to want to do what needs to be done People are empowered to be able to do what needs to be done Engagement Empowerment VISION VALUES STRATEGY Leaders: from hero to host
- 17. #StrategyLDN / @NixonMcInnes / @jennilloyd Three new approaches Being purposeful Being participative Being more human
- 18. #StrategyLDN / @NixonMcInnes / @jennilloyd Harnessing & amplifying the collective intelligence of staff & residents to deliver on 2020 Vision Orbit Housing Group Being purposeful
- 19. #StrategyLDN / @NixonMcInnes / @jennilloyd How: Collective vision Being purposeful
- 20. #StrategyLDN / @NixonMcInnes / @jennilloyd Responding to external disruption with managed internal disruption Pan Macmillan Being participative
- 21. #StrategyLDN / @NixonMcInnes / @jennilloyd How: Collaborate to innovate PR Marketing Analytics Editorial – Children’s Editorial - Adult Digital Sales 15 Being participative
- 22. #StrategyLDN / @NixonMcInnes / @jennilloyd Shhhh…. ? Overcoming the ‘Know/Do’ gap to help people change their outlook Being more human
- 23. #StrategyLDN / @NixonMcInnes / @jennilloyd How: Growth Mindset ?Being more human • CHALLENGE STATUS QUO • COMFORTABLE WITH FAILURE • RELISH HELPING OTHERS SUCCEED • LESS SET IN WAYS • COLLABORATION • LEADERSHIP AT ALL LEVELS • RISK TAKING
- 24. #StrategyLDN / @NixonMcInnes / @jennilloyd Takeaways 1. People need to feel that they’re part of something, that their work has meaning How clear are you about the why, not just the what?
- 25. #StrategyLDN / @NixonMcInnes / @jennilloyd Takeaways 2. “No one of us is smarter than all of us” How could you harness collective intelligence & solve problems in smarter, unexpected ways?
- 26. #StrategyLDN / @NixonMcInnes / @jennilloyd Takeaways 3. For the company to change, individuals need to change what they do and how they behave How can you connect with your peoples’ needs and help them want to change?
- 27. #StrategyLDN / @NixonMcInnes / @jennilloyd @jennilloyd Thank you! Any questions?