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| Executing strategy | June, 2007 | ||||
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Welcome to the June 2007 issue of the SPS e-newsletter. |
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» In this issue:
SPS news Research and insight Events and workshops Sponsor 
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Latest Strategy Magazine published All members should receive their copy of the June 2007 issue of Strategy Magazine soon. Leading the summer issue are two articles aimed at ensuring both private and public sector organisations reap the benefits from their strategic plans. First, the results of the latest Management Consultancies Association survey (supported by SPS) reveal that more than one-third of organisations feel their strategy does not provide any added value – but comparisons with the approach of private equity firms reveal advantages that cannot be attained under existing management methods. Second, a case for achieving high-performance government through a focus on creating public value. Both articles are highlighted below. Also in this issue, an examination of the technological considerations organisations must build into a successful business strategy. IT can help to achieve competitive advantage – if managers understand the impact technology has on overall performance. Finally, a look at the role human resources play in the overall success of business strategy – by exploring the ways in which different cultural environments affect how managers make decisions, and by factoring in human resources as a critical element towards achieving high performance. Included in this issue is the latest of our twice-yearly publications updates, providing readers with a brief synopsis of some of the latest business strategy books now available on the market. If you are not a SPS member but are interested in joining, you can request a sample copy and membership details: contact publications@sps.org.uk or visit the SPS website and provide your details. |
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'Suits amongst the Luvvies' seminar This autumn, the SPS will be hosting an evening seminar entitled 'Suits amongst the Luvvies'. The seminar will address issues such as: How does the BBC create its strategy? How does it get buy-in from the creative community? How does a strategy cope with variables like actors and public opinion? Speakers will include Geoff Goodwin, Project Leader 'BBC Teens', and Clare Reichenbach, Head of Production Strategy. Further details will be posted on the SPS website as soon as they become available. |
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Shaping Tomorrow – key trends revealed Shaping Tomorrow provides new and renewing SPS members with a high-level peek into key trends. This month the service highlights key emerging patterns and predictions for 2007 and beyond, including: digital reconstruction recreates history; plastics self-heal; companies unprepared for global glitches in product safety; intelligent transport drives in; online shopping begins to mature; planes tracked by satellite; religion finds technology; vehicle infotainment systems emerge; scientists create drugs that control disease genes; and real life promotions offer virtual clothing. SPS members enjoy free access to Shaping Tomorrow's newsletter containing 10 new trends per week and its organised database of over 12,000 future, strategy and change management resources. More info |
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| » Research and insight | ||||||||||||
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Executing strategy: lessons from private equity Organisations are more committed to developing strategy today than ever before, according to the latest Management Consultancies Association research – in which almost 300 SPS members participated. However, more than one-third of respondents think that the resultant strategies are a waste of time and do not add value. To explore the causes of this negative phenomenon, Fiona Czerniawska examines the experiences of businesses which have been acquired by private equity firms to find out what they do differently from existing management. The article outlines the advantages of the private equity ownership model and what organisations can learn from it. » Read the full article |
Delivering public value The creation of public value has become a pivotal focus of public service organisations. As such, these organisations must learn to balance the production of social outcomes against the level of resources required to achieve the benefits that consumers, citizens and taxpayers expect. Greg Parston, director of the Accenture Institute for Public Service Value, addresses some of the key issues in the assessment of how public value is created. While challenges still remain, adopting a clear focus on the production of social outcomes and creating public value can lead to high-performance government, as long as stakeholders such as managers and political leaders lend their support. » Read the full article
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| » Events and workshops | ||||||||||||
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Tipping Point Strategies in the Age of Freakonomics SPS Members' Offer - Learn More but Pay Less A full-day conference with Malcolm Gladwell and Steven Levitt QE2 Conference Centre, London; Monday 17 September 2007 When two of the world's most thought-provoking intellectuals, Malcolm Gladwell and Steven Levitt, share the same platform at the same event then you're going to learn more about yourself, your business and its impact on society than you ever thought possible. Their conference will help you redefine strategy and allow you and your business to focus on what's important for sustained success. SPS members pay a discounted price of £650+VAT per place (a saving of £300+VAT per place). Please ensure you insert 'SPS' after your organisation name when registering to secure the discount. There are three ways to register for your discounted place(s) with conference developer, Benchmark for Business: 1. Online (secure site) at: www.benchmarkforbusiness.com 2. Email: team@benchmarkforbusiness.com 3. Telephone: Gareth Martin on 01224 636200 |
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Ashridge Open Programmes The SPS and Ashridge have teamed up to offer SPS members some exclusive benefits, the first of which is a 10% discount on any of Ashridge's open strategy programmes. Ashridge has a wide variety of short, residential programmes to help individuals and organisations to achieve their development needs. These programmes focus on blending the practical experience of their faculty with leading-edge business thinking, to inspire and challenge you. In addition, learning in small classes - typically 12-30 participants - promotes collaboration on your own issues and ensures individual support, enabling all participants to return, better able to transfer learning to the workplace. For more details, visit Ashridge. Please quote your SPS membership number when booking. |
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