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Strategy - The Fine Margins Between Success and Failure

Mitchell Phoenix - Monday, February 20, 2012

2012 is an Olympics year. Every competitor will have trained hard, worked on their mental fortitude and made sacrifices. The gold medalists will separate themselves by a millisecond, a centimeter, a point. Such are the fine margins of victory. Where will those victories be won? In the preparation.

2012 will also be a challenging year for many businesses. Continuing economic uncertainty and slow growth will ask questions of every organization's existing strategy. 

Customers will be key to maintaining momentum. Understanding the impact of the financial crisis on their behavior and their decisions will be crucial: how do we retain them, work with them and find new customers in such a testing environment? Here too the answer lies in the quality of our preparation: how well our strategy is constructed and executed. 

In both the sporting and the business worlds, attention to detail creates success and that success may be secured by a fine margin. Just one detail can be the difference between winning and losing, making a profit or a loss. The quality of our strategy and how well we build it into the day-to-day execution of the business will determine how fully we master those crucial details.

Over the course of this year we will bring you a series of short articles exploring the role of strategy and its relationship with results, reputation, engagement, responsiveness, creativity, efficiency, sustainability and purpose: Securing the Future.

Best wishes

James Donnelly
Managing Director, Mitchell Phoenix USA

click here to see our Winter Newsletter

Communicating Strategy and Vision is the Number One Communication Priority for Leaders

Mitchell Phoenix - Thursday, January 19, 2012

For those of you who have not seen them in our newsletter, here are James Donnelly's thoughts on the year ahead...

“Christmas is coming, the geese are getting fat

Please put a penny in the old man's hat

If you haven't got a penny, a ha'penny will do

If you haven't got a ha'penny, then God bless you!”

The holiday season is upon us and it's a time for good cheer. People have worked hard in 2011 during some of the toughest economic conditions in history. Despite all the endeavour, how many businesses have a ha’penny to show for it?

Leadership is only needed when times are tough and the main challenge in a period of uncertainty is to stay connected with strategy. Difficult market conditions easily send companies into reactive mode. In an HBR article from 2008, “Can you say what your strategy is?”, its findings revealed that most executives cannot articulate the objective, scope, and advantage of their business in a simple statement. How can anyone lead with purpose without a concrete fix on the future?

Communicating strategy and vision is the number one communication priority for leaders. Every decision and action should come from them and relate back to them. Context and reference to high level guidelines make a substantial difference to people’s ability to deal with pressure and change. Too many businesses have lofty statements and aspirations for the future that leave too wide a gap in communicating what is meant at a functional and personal level. Competitive difference comes from the precision of an organization’s thinking through an empowered workforce absolutely clear of its purpose.

While 2012 will be equally challenging for business, the opportunity for leaders to boost confidence and strengthen resolve lies in engaging the organization in articulating core focus beyond cost saving and preserving margins. The challenge is to transform prudent management practice into future focused, growth oriented, creative precision thinking. This will involve every level of an organisation becoming more connected with their customers and their raison d’etre.

The process of reconnecting with purpose is hugely satisfying and rewarding for all involved. A great way to kick off the New Year.

If we didn’t have a ha’penny this year then as Tiny Tim said, "God bless us every one!" Here’s to having a penny to put into the old man’s hat next Christmas. Happy Holidays to all.

Best wishes
James Donnelly
Managing Director, Mitchell Phoenix USA

The Real Link Between Learning and Behaviour

Mitchell Phoenix - Friday, November 25, 2011

How to Choose a Leadership and Management Development Provider - Part 2

Last week we explored training providers which deliver at Level 1 - Favourable Reaction. This week we focus on providers who deliver Learning.


2. Learning

What are the results reported by providers at this level?

1. A needs assessment is carried out, where delegates are tested to find out what they already know and don’t know. Training is delivered, and delegates are retested on what they now know. The result is shown in the difference between what they know now compared to what they knew before.

2. A certificate is often awarded to show that delegates now know more than they knew before. Where the certificate is deemed to be a useful addition to the delegate’s CV (eg an MBA), it is often the securing of this certificate that is held to be the most important result of the training programme.

Training that is focused predominantly on learning varies widely, from an MBA at a prominent business school to a one day Personality Type session run in a kitchen. What is learned can range from the latest, most complex process improvement models to the fact that one member of the department is less detail-oriented than another.

Clues that providers operate at this level:

  • Testimonials focus on how much the trainer knows, on what the delegate now knows, or on all the useful tips and tricks the delegate picked up
  • Promotion focuses on participants’ intentions to put what they learned into practice, rather than what they did differently back in the workplace
  • Marketing focuses on the heritage / prestige of the institution
  • Advertising will focus on how programmes kick-started careers through contacts made on programs, or once delegates were able to put the qualification on their CV

Why are the types of offerings described above only listed as the second in a hierarchy of four types of training? Why would a learning and development manager look for a programme that delivers anything more than learning? Leadership and management training which focuses primarily on learning often does not deliver development.  

How can this be? Consider these two questions:

1. “If a change is going to be unpopular with your subordinates, you should proceed slowly to gain acceptance.” Agree / Disagree

2. “If you are promoted to a management job, you should make it different than it was under your predecessor.” Agree / Disagree

What would you answer? Click to find out how these questions point to the gap between learning and development



How to choose a Leadership and Management Development Provider - Part 1

Mitchell Phoenix - Friday, November 18, 2011

Last month we put forward the idea that Leadership and Management Development Providers will create results at one of four levels:

  1. Favourable Reaction
  2. Learning
  3. Short Term Behavioural Change
  4. Long Term Behavioural Change

(Read more about this here)

How can you quickly discern at which of these four levels a potential provider will deliver? After all, as one of our clients famously said, “everyone out there will tell you they can do everything, but they can’t.”

1. Favourable Reaction

Clues that training companies primarily operate at Level 1 include:

  • Testimonials focus on the trainer – how much fun, how inspirational, how dynamic, how interesting he/she was
  • Little concrete evidence of results in the workplace – the result is that people attended the training and were not upset or bored by it 
  • Training often woven into other fun activities, such as actors’ games, cooking, assault courses
  • Business promotion reflects testimonials: people have a good time – all course days rated good to excellent, etc.
  • Companies use associates – the key skill required is to be able to hold the interest of a group of executives for a day, or two days. Full time employees with deep knowledge of in-house content and approach are not required; in this case, associates hired on a daily rate will be able to fulfil the brief.

Click for a fuller discussion of Favourable Reaction as a Result of Leadership and Management Training



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