Business AgilityBecoming more agile to capitalise on growth opportunities

Thursday, July 5th 2016

Russell CummingsStrategic Business Development

Roadmap for Today

• Best Practice utilization rates of Mindshop Online. How do you compare?

• Benchmark utilization rates globally per person:• 12 logins per month

• 3 posts or replies per month

• 3 tools reviewed each month

Update/Resources

The next evolution of Mindshop Online for Business Leaders:• Simpler and easier to use

• New courses and accreditation level for Business Leaders

• New features linked to your commercial goals

Next Evolution – released late May 16

• Introduce yourself if new to the group

• What has been working well for you?

Update from all

https://www.youtube.com/watch?v=od4uuLRHxHk&feature=player_embedded

What is Agility?

Source: McKinsey&Company

Why it

pays to

be agile

10

Management

Practices

How agile are

you as a

Business?

Source: McKinsey&Company

Dynamic

versus StableSource: McKinsey&Company

Exercise:

• Lets reflect on the elements of being more stable and more dynamic to drive greater agility

• For each of the aspects of Stable Backbone and Dynamic Capability we brainstorm and Pareto the top 3 ideas in each to improve business agility

Stable Backbone:

1. Structure

2. Governance

3. Process

Dynamic Capability:

1. Team Changer

2. Peer Review

3. Team Targets

4. Resource Allocator

5. Process Builder

6. Decision Convener

7. Decision delegator

Stable or Dynamic Gap addressed

Bill Gates Dec 15 review of book: Mindset (Carol Dweck)

“In experiment after experiment, Dweck has shown that the fixed mindset is a huge psychological roadblock—regardless of whether you feel you were blessed with talent or not. If you have the fixed mindset and believe you were blessed with raw talent, you tend to spend a lot of time trying to validate your “gift” rather than cultivating it. To protect your self-identity as someone who’s super smart or gifted, you often steer clear of tough challenges that might jeopardize that identity. Here’s how Dweck puts it: “From the point of view of the fixed mindset, effort is only for people with deficiencies…. If you’re considered a genius, a talent, or a natural—then you have a lot to lose. Effort can reduce you.””

https://www.gatesnotes.com/Books/Mindset-The-New-Psychology-of-Success

What you believe affects what you achieve

Two

Mindsets

https://littlelearnersblog.wordpress.com/2014/03/04/mindset-the-new-psychology-of-success/

Which

are you?

Think of an exciting opportunity you have in your area of the business and apply the Belief Behaviour model

Success Beliefs

Exercise:

• Complete a Force Field on your top agility hurdle

Your biggest agility hurdle

• Spend 10 minutes noting down your key strategies from today’s workshop into Mindshop Online so we can collaborate on solutions

Top 3 actions to Mindshop Online

THANK YOU FOR ATTENDINGAny questions please collaborate with me via

Mindshop Online or email

Russell CummingsBusiness Consultant

M: 0414 929 585W: www.sbdbusiness.com.au

E: russell@sbdbusiness.com.au