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Leadership Think Tank 2012 - Strategy

Leadership Think Tank 2012 - Strategy

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Leadership Think Tank 2012 - Strategy

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  1. Leadership Think Tank 2012 - Strategy October 2012

  2. Text I Introduction II • Topics • Strategy • Communication • Collaboration • Customer and market focus • Innovation • Leadership CONTENT III Closing statement

  3. III. Topics - Strategy (1/6) • Team members: • Dr. Carsten Borchers • Rasmus Stute • Dr. Graham Slack • Werner Lion • Henrik Möller Strategy

  4. GPtW Not all employees think that management has a clear view of where the organisation is going and how to get there. II. Topics - Strategy (2/ 6) Review • Addressing this challenge has the following benefits: • More efficient budget discussions. • Higher growth through better resource allocation. • Shared view of good performance. ! 82% 47% GL-Group Top 300 Strategy

  5. II. Topics - Strategy (3/ 6) GL group strategy gives a framework and needs to be complemented and extended with local strategies • Businesses and products within GL Group in different strategic situations (Grow, sustain, …) • Different strategic situations apply to different smaller entities through out the organisation as well • Overarching strategies to be complemented locally GL-GroupStrategy MaritimeStrategy Ren.Strategy …Strategy LDP Team Local Strategies • We (LDP) take ownership for local strategies in our responsibility Strategy

  6. II. Topics - Strategy (4/ 6) Accommodating Action Individual actions understand how the overall group strategy can support the local involve all stakeholders to adapt global strategy to local opportunities translate local strategy into objectives, KPI and target agreements LDP 2012 we will apply LDP techniques with local staff to create local strategies we will share successful strategy executions, e.g. moving people, cross selling we will consult our LDP network to enhance cross business collaboration. we will establish a strong community Strategy

  7. II. Topics - Strategy (5/ 6) How can a local strategy look like? Example: MarSol Engineering strategy ... and there are more examples – but not enough! Strategy

  8. II. Topics - Strategy (6/ 6) What will you get? Qualitative Benefits Measureable Benefits • Improve leadership by focussing on objectives and increasing employee involvement • Better leverage objective agreements to achieve strategy • Improve budgeting due to stronger strategic foundation • Foster strategic thinking more widely • Foster ownership and engagement • Better GPtW results • Shortening of budgeting processby documented demand from local unit • Enhanced business development ... and it is for free!! Strategy