Implementing your strategy the making it happen Peter

Implementing your strategy – the making it happen Peter Scott Consulting

‘A little less conversation a little more action please’ Elvis Presley

Strategic change is a journey Making decisions Implementing decisions Banking progress Moving on PETER SCOTT CONSULTING

Always keep in mind…. THE BIG PICTURE PETER SCOTT CONSULTING

Implementing decisions Question Why do many partnership strategies fail? Answer? Failure to implement agreed plans Why? PETER SCOTT CONSULTING

Why? The nature of partnerships People businesses Need to take your people with you on the journey PETER SCOTT CONSULTING

Are your skills up to the task? Your people skills Internal resource? or External advice? PETER SCOTT CONSULTING

People skills Do you have the right people on board to enable you to achieve your objectives? If not, what are you going to do about it? PETER SCOTT CONSULTING

Internal / external resource? We cannot be good at everything It is not ‘failure’ to buy in specific skills Often the external person is listened to PETER SCOTT CONSULTING

Ideas to help you on the journey Skills Knowing your partners Accountability Timing Leading by example Using the TEAM Just doing it Sanctions PETER SCOTT CONSULTING

Knowing your partners What makes them ‘tick’? What makes them insecure? How will they react? How do we limit ‘fall-out’? PETER SCOTT CONSULTING

Partner accountability ‘We have no room for those who put their personal agenda ahead of the interests of the clients or the office’ David Maister PETER SCOTT CONSULTING

Accountability Do your partners just pay ‘lip service’ or do they live it? Consider an ‘accountability statement’ PETER SCOTT CONSULTING

Timing Strike while the iron is hot Turn decisions into action – fast Assign tasks and responsibilities PETER SCOTT CONSULTING

Leading by example Leadership is crucial for change Practice what you preach Live the strategy PETER SCOTT CONSULTING

Use the ‘power of the team’ TEAM? Together Each Achieves More PETER SCOTT CONSULTING

Harness the ‘power of the team’ Create ‘champions’ Use ‘task forces’ PETER SCOTT CONSULTING

Just do it! Judgment Knowing your partners 80 / 20 rule Needs courage PETER SCOTT CONSULTING

Sanctions Necessary? Choice of sanctions? Do they work? Examples PETER SCOTT CONSULTING

Bank progress – move on Incremental journey? or Quantum leap? Knowing your partners PETER SCOTT CONSULTING

A final thought… ‘Change before you have to’ Jack Welch PETER SCOTT CONSULTING

Any questions?