Achieving Business Excellence by Samurai This presentation is my visual understanding of John Spences Manifesto Achieving Business Excellence published by ChangeThisYou can later use the original Manifesto as a handout. 3 key elements form the foundation for Achieving Business Excellence High quality product Solid financials Change is inevitable 1. you must produce a high-quality product or service All sustainable business success is built on delivering real value to the customerperiod 2. you need to have a solid handle on your financials If you arent managing cash flow, you wont be managing much for long! 3. change is inevitable Markets shift, consumer preferences change, new competitors appear, technology advancesand so must you $100 photo by bigevil600I am using these boxes to substitute narration with John Spences words. This presentation is my visual understanding of John Spences Manifesto Achieving Business Excellence published by ChangeThisYou can later use the original Manifesto as a handout. And boxes like this for my own words. 6 common elements for great companies 1. vivid vision 1. vivid vision: A clear and well-thought-out vision of what you are trying to create that is exceptionally well communicated to everyone involved. Imagine photo by jeffpearce John Lennons Imagine is a vision Imagine all the people living life in peace. It is clear and well-thought-out vision of what he was trying to create and is exceptionally well communicated to everyone involved to millions of people around the globe. 1. vivid vision 2. best people 2. best people: Superior talents who are also masters of collaboration. 2. best people The winning sports teams, like Brasils soccer team, are full of stars. But the stars are not enough unless they play as a team! 3. a performance-oriented culture 3. a performance-oriented culture: One that demands flawless operational execution, encourages constant improvement and innovation, and completely refuses to tolerate mediocrity or lack of accountability. Toyota and Lexus are perfect examples of a culture which demands flawless operational execution, encourages constant improvement and innovation, and completely refuses to tolerate mediocrity. 3. a performance-oriented culture 4. robust communication 4. robust communication: Open, honest, frank and courageous, both internally and externally. Happy family photo by simmbarb A healthy family needs open, honest, frank and courageous, communication in sickness or health, for better or worse. Same applies to successful businesses, for both their internal and external communication, for better and worse messages. 4. robust communication 5. a sense of urgency 5. a sense of urgency: The strong desire to get the important things done while never wasting time on the trivial. When you need a first aid kit, you have a strong desire to get the important things done while never wasting time on the trivial. The kit contains just what you need, and nothing unnecessary. 5. a sense of urgency 6. extreme customer focus 6. extreme customer focus: Owning the voice of the customer and delivering what customers consider truly valuable. 6. extreme customer focus A local man selling ice cream and drinks to tourists on a beach is an expert on customer focus. He knows what you need, he creates an instant need among children, and he is able charge premium price. Achieving Business Excellence by SamuraiI hope my visuals help you to better internalize and remember John Spences Manifesto Achieving Business Excellence