business management fundamentals as they impact on the ...compass by shirlaws 21 september, 2015|...
TRANSCRIPT
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Business Management Fundamentals as they impact on the Manager of an Executive’s Office
15 September 2015
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A Compass For Culture
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• Why build a Culture System?• Communication Style• Risk Appetite• Leadership Style• Natural Pace• Cultural Due Diligence
Agenda
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• Vision Map: 20 contextual cultural choices to balance the commercial vision
• Values Map: Defined and linked to activities so they can be managed
• Behaviours Map: Enabling your people to navigate change along the journey
3 Elements to a Culture System
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Compass by Shirlaws
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• Sell Software to Professional Services Firms across South-East Queensland
• 3 core products: Payroll, Document Management, Training Platforms
• Leadership Team of 8 • CEO owns 100%• ~$6 million in annual
revenue
Introducing Case Study #1“Alpha”
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• Social Media Consultancy specialising in Professional Services Firms
• Delivery teams in Brisbane, Sydney, and Auckland• Leadership Team of 6 • CEO & CFO owns 40%
each. Team has 20%.• ~$9 million revenue
Introducing Case Study #2“Zed Not Zee”
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• How your personal communication style relates to others, enabling you to communicate more effectively with your team & everyone you meet.
CommunicationThink Feel Know
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• CEO is 47% Know 29% Feel 24% Think
• Rest of the Team are mostly Think Feel or Feel Think• How will this impact behaviourally?
Think Feel Knowwithin Alpha
FTK TFK TKF FKT KTF KFTVERYSLOW
VERYFAST
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Think Feel Knowwithin ZedNotZee• CEO is again the only Knower 38% 32% 30%
• Rest of the team all have Know as their secondary• Differences in communication here?
FTK TFK TKF FKT KTF KFTVERYSLOW
VERYFAST
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• Enables you and your team to make faster, more aligned strategic choices
Risk
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Riskwithin Alpha
• Andy 5.5 Dave 6.2 CEO 8.2• Billy 5.8 Emma 6.8• Caren 6.0 Frank 7.5
• Observations?• BUT…
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Riskwithin Alpha
• Observations?• Impact?• Remember, he is also the only Knower.
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Riskwithin ZedNotZee
CFO 4.0 Alice 5.8 Craig 7.0 CEO 9.5Bob 6.0 Doug 7.7
• Remember CEO and CFOeach own 40%
• Picture a Board debateabout investing $500Kinto the business…
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• How your leadership aptitudes support your current role, where you fit within your team and organisation, and how you could develop your future role.
ENTREPRENEUR community 5 years Vision / Why
LEADER individuals 1 year Strategy / What
MANAGER business 3 months Impl. / How
LeadershipELM
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LeadershipELM
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Leadershipwithin Alpha
CEO
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Leadershipwithin ZedNotZee
CEO
CFO
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• Identifies your most productive pace of living and working, allowing you to improve your overall sustainability and performance.
• Fast and Slow (Managers and Makers)
Body Brain BeliefsNatural Fitness Work Mindset
Nutrition Leisure Filters
PaceFast / Slow
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• What are the likely workflow, team meeting processes like?
• How will this spread impact behaviourally?
Fast / Slowwithin Alpha
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• How will this spread impact behaviourally?• One more piece of information…
Fast / Slowwithin ZedNotZee
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Mergers and Acquisitions“Cultural Due Diligence”
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• It makes excellent commercial sense
Cultural Due DiligenceAlpha & ZedNotZee Merge
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• How will the CEOs merge?
100% Owner 40% Owner‘Pure’ Know Balanced KFTRisk 8.2 Risk 9.5‘Pure’ Entrepreneur Manager Ent.55% Fast 72% Fast
Cultural Due DiligenceAlpha & ZedNotZee Merge
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• But have they planned for the Culture?
CEO makes key decisions Balanced BoardHasty but balanced Risk Frustration Released?Managerial, no Culture Long-term, Cultural
Other factors as well: Stages, Black Holes, IEC – plus alignment of Vision and Values Maps
Cultural Due DiligenceAlpha & ZedNotZee Merge
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It Pays to have a System
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What is the Behaviour Map for your team?
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www.shirlawscompass.com
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Functionality
InfrastructureSupport
Strategic Activities
Revenue Activities
AccountingHRAdminLegal etc.
Positioning
Distribution
New Product etc.
Sales
Marketing
Factory etc.
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7-9 October 2015Register online
www.shirlawsgroup.com/jump
See you at Creating Your Jump: Executing your plans
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Tim DwyerTelephone: 0438 883 711 Email: [email protected]: www.shirlawsgroup.com
Thank youfor your time