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Governance Dynamics:
Strategic Management Model


                 BUSINESS
                 STRATEGY



                  PROCESS
                  DESIGN


          TECHNOLOGY ORGANIZATION
            DESIGN     DESIGN


                  CULTURE
                                          1
                  @Judith A Graham 2008
Key Questions

   • Who are we?

   • What is changing within us, and around us?

   • What do we want to become?

   • How do we need to change?

   • What actions will provide the required change?

   • How will we know whether or not our actions getting us
     the change we want?

                                                          2
                         @Judith A Graham 2008
Current State
Who are we?



   • What is our past?

   • What is our current status?

   • What has changed recently?
      –   Customers
      –   Competitors
      –   Staff
      –   Processes
      –   Technology
                                                 3
                         @Judith A Graham 2008
Current Process Model
How does our work get done today?



   Suppliers            Core Processes
               Inputs                                      Outputs   Customers




                        Support Processes




                                                                                 4
                                   @Judith A Graham 2008
Competitive Landscape
How is the competitive landscape changing?

                                           Regulatory Change


                                               Potential
                                               Entrants




                                                                                    Socio-demographics
          Economic Change




                            Suppliers         Current
                                                                        Customers
                                            Competitors



                                             Substitutes

                                        Technological Disruptions                           5
                                                @Judith A Graham 2008
M. Porter, Five Forces +
Purpose Statement
Why do we exist?


   • Our purpose is….                • Our purpose is not...




                                                               6
                        @Judith A Graham 2008
Visioning Exercise
What could the future look like for our organization?



    • Ten years from now
        –   Who are our customers?
        –   What are our customers saying about us?
        –   What type of place is this to work?
        –   What are our employees saying about us?
        –   What are our shareholders saying about us?
        –   What are our competitors saying about us?




                                                           7
                                   @Judith A Graham 2008
Mission Statement
What do we aspire to become, create or achieve?




                                Do what,
                                for whom,
                                by when?




                                                        8
                                @Judith A Graham 2008
Critical Success Factors
What must we have or do to achieve our mission?




                                                        9
                                @Judith A Graham 2008
CFS Prioritization
What are the critical few CSFs?
  High




               HIGHEST PAYOFF




 Low

         Low                              Medium               High
                                                          10
                                        Effort
                                  @Judith A Graham 2008
Change Initiatives
How must our organization change to achieve each critical CSF?
(process, people, technology)




                                                                 11
                                 @Judith A Graham 2008
Initiative Panels
How will we track our progress?




       CSF           Measures     Targets Initiatives Responsibility   Status
       •            •             •                •          •
                                                   •          •
                    •             •                •          •
                    •             •                •
                                                   •
                                                              •
                                                              •




                                                                                12
                                      @Judith A Graham 2008
Balanced Scorecard
How will we know if our actions are achieving the mission?

                           Financial

                           Measures                      Targets




  Customer                                                           Internal Processes
 Measures        Targets                                             Measures             Targets




                           Learning & Growth
                            Measures                       Targets




                                                                                             13
                                       @Judith A Graham 2008

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Governance Dynamics Strategic Management Model

  • 1. Governance Dynamics: Strategic Management Model BUSINESS STRATEGY PROCESS DESIGN TECHNOLOGY ORGANIZATION DESIGN DESIGN CULTURE 1 @Judith A Graham 2008
  • 2. Key Questions • Who are we? • What is changing within us, and around us? • What do we want to become? • How do we need to change? • What actions will provide the required change? • How will we know whether or not our actions getting us the change we want? 2 @Judith A Graham 2008
  • 3. Current State Who are we? • What is our past? • What is our current status? • What has changed recently? – Customers – Competitors – Staff – Processes – Technology 3 @Judith A Graham 2008
  • 4. Current Process Model How does our work get done today? Suppliers Core Processes Inputs Outputs Customers Support Processes 4 @Judith A Graham 2008
  • 5. Competitive Landscape How is the competitive landscape changing? Regulatory Change Potential Entrants Socio-demographics Economic Change Suppliers Current Customers Competitors Substitutes Technological Disruptions 5 @Judith A Graham 2008 M. Porter, Five Forces +
  • 6. Purpose Statement Why do we exist? • Our purpose is…. • Our purpose is not... 6 @Judith A Graham 2008
  • 7. Visioning Exercise What could the future look like for our organization? • Ten years from now – Who are our customers? – What are our customers saying about us? – What type of place is this to work? – What are our employees saying about us? – What are our shareholders saying about us? – What are our competitors saying about us? 7 @Judith A Graham 2008
  • 8. Mission Statement What do we aspire to become, create or achieve? Do what, for whom, by when? 8 @Judith A Graham 2008
  • 9. Critical Success Factors What must we have or do to achieve our mission? 9 @Judith A Graham 2008
  • 10. CFS Prioritization What are the critical few CSFs? High HIGHEST PAYOFF Low Low Medium High 10 Effort @Judith A Graham 2008
  • 11. Change Initiatives How must our organization change to achieve each critical CSF? (process, people, technology) 11 @Judith A Graham 2008
  • 12. Initiative Panels How will we track our progress? CSF Measures Targets Initiatives Responsibility Status • • • • • • • • • • • • • • • • • 12 @Judith A Graham 2008
  • 13. Balanced Scorecard How will we know if our actions are achieving the mission? Financial Measures Targets Customer Internal Processes Measures Targets Measures Targets Learning & Growth Measures Targets 13 @Judith A Graham 2008