APAC Chairman’s Series on Growth
CEO’s Perspective on Growth and The CEO’s Growth Team Craig Baty, Global VP, Information Technologies Frost and Sullivan Sydney
December 2009
Copyright © 2008 Frost & Sullivan
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Agenda www.frost.com
1 2 3 4 5 6 7 8
– – – – – – – –
CEO’s Perspectives on Growth 360° Growth Perspective CEO’s Growth Team Growth Process Growth Excellence Matrix 7 Growth Questions Growth Workshop Action Plan for this Event
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2
CEO’s Perspective on Growth: 3 Elements www.frost.com
• The Personal Perspective: Leadership & Attitudes • The Internal Perspective: The Organisation • The External Perspective: The Complex Environment
Copyright © 2007 Frost & Sullivan
3
The Personal Perspective on Growth www.frost.com
• Your Investment in Life • The CEO’s Attitude toward Growth • The CEO’s Leadership Style
Copyright © 2007 Frost & Sullivan
4
CEOs’ Perspectives on Growth www.frost.com
• 93% rate “Growth” as a top priority • 83% are focused on NPD for growth CEO dissatisfaction with level of company’s growth
• 64% feel that internal challenges to growth are greater than external • Analysis of growth opportunities is seen as the most difficult step Source: CEO Choice Growth Survey Results
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5
The Internal Perspective on Growth www.frost.com
• The CEO’s Growth Team • The Internal Challenges to Growth • The Organisational Strategy Towards Growth • The Growth System
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6
CEO's Perspective on Growth www.frost.com
Growth is the #1 Priority
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7
CEO's Perspective on Growth www.frost.com
Growth is the #1 Priority CEO's Perspective
360° Degree View
+ TEAM / Global
+ Growth Partners
Copyright © 2007 Frost & Sullivan
8
CEO's Perspective on Growth www.frost.com
Growth is the #1 Priority CEO's Perspective
360° Degree View
+ TEAM / Global
+
Growth Opportunity Generation 6 Research Methodologies 15 Strategic/Analytical Tools 8 Growth Processes
Growth Partners 7 Growth Forums
Copyright © 2007 Frost & Sullivan
9
CEO's Perspective on Growth www.frost.com
Growth is the #1 Priority CEO's Perspective
360° Degree View
+ TEAM / Global
+
Growth Opportunity Generation 6 Research Methodologies 15 Strategic/Analytical Tools
Growth Pipeline Evaluation
Research
Analyse
8 Growth Processes
Prioritise
Growth Partners 7 Growth Forums
Copyright © 2007 Frost & Sullivan
10
CEO's Perspective on Growth www.frost.com
Growth is the #1 Priority CEO's Perspective
360° Degree View
+ TEAM / Global
+
Growth Opportunity Generation 6 Research Methodologies 15 Strategic/Analytical Tools
Growth Pipeline Evaluation
Research
Analyse Business Planning Prioritise
7 Growth Forums
Growth Workshops Best Practices
8 Growth Processes
Growth Partners
Growth Strategy
Implementation
Copyright © 2007 Frost & Sullivan
11
CEO's Perspective on Growth www.frost.com
Growth is the #1 Priority CEO's Perspective
360° Degree View
+ TEAM / Global
+
Growth Opportunity Generation 6 Research Methodologies 15 Strategic/Analytical Tools
Research
Growth Workshops
Analyse Business Planning Prioritise
7 Growth Forums
Growth Strategy
Best Practices
8 Growth Processes
Growth Partners
4 Growth Drivers
Growth Pipeline Evaluation
Implementation
Best Practices Benchmarking Teamwork Development Growth Partner Integration Growth Thought Leadership
Copyright © 2007 Frost & Sullivan
12
The External Perspective on Growth www.frost.com
• External Challenges to Growth • Opportunities to Accelerate Growth • The 6 Elements of the External Perspective
Copyright © 2007 Frost & Sullivan
13
360° Growth Perspective: Complex Business Universe
www.frost.com Emerging Technology
Technical
Potential Market
Market
Emerging Global Opportunities
Competitive Benchmarking
Emerging Competition
Secondary Industry
Develop High Performers
Emerging Market Global Political Regulatory Issues
Potential Industry Expansion
Industry Idea Generation
Market Challenges
CEO Career Best Practices
Drivers Restraints
Peer 2 Peer Networking Implement Best Practices
Unknown Potential Market
Global Geo Marketing Issues
New Applications
Trends
Currency Risks
Customers Primary Industry
Competitive Strategy Identified Technology Disruptive Technologies
Competition
Direct Competitor Copyright © 2007 Frost & Sullivan
14
Complex Business Universe Technology Perspective
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Emerging Technology
• Usability of identified technology • What emerging technology offers potential advantage to your company?
New Applications
• Have you identified potential technology alliances? • Are you aware of potentially disruptive technology
CEO
• Do you have a plan to deal with disruptive technology?
Identified Technology Disruptive Technologies Copyright © 2007 Frost & Sullivan
15
Complex Business Universe Market Perspective
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Potential Market
• What is the life expectancy of your market? • What potential markets should you be looking at?
Market Challenges
• What could cause a shift in your market dynamics? CEO
• Are you aware of the drivers and restraints in your market?
Customers
Drivers Restraints
Trends Copyright © 2007 Frost & Sullivan
16
360° Growth Perspective: Complex Business Universe
www.frost.com Emerging Technology
Technical
Potential Market
Market
Emerging Global Opportunities
Competitive Benchmarking
Emerging Competition
Secondary Industry
Develop High Performers
Emerging Market Global Political Regulatory Issues
Potential Industry Expansion
Market Challenges
Implement Best Practices
Unknown Potential Market
Global Geo Marketing Issues
CEO's Growth Team
Career Best Practices
Drivers Restraints
Trends
New Applications
Currency Risks
Industry Idea Generation
Peer 2 Peer Networking
Customers Primary Industry
Competitive Strategy Identified Technology Disruptive Technologies
Competition
Direct Competitor Copyright © 2007 Frost & Sullivan
17
Traditional Organisation www.frost.com
CEO
VP Sales & Marketing
Chief Financial Officer
VP Production
VP Legal
VP Human Resources
VP R&D
VP International
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18
CEO’s Growth Team www.frost.com
Copyright © 2007 Frost & Sullivan
19
CEO's Growth Team Building Teamwork & A Culture of Growth Innovation & Leadership
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Copyright © 2007 Frost & Sullivan
20
CEO’s Growth Team: The 8 Growth Careers www.frost.com
Leadership: CEO
Responsible for Growth
Business Development
Develop Growth Strategy
Marketing
Develop Marketing Strategies
Sales Management
Implement Customer-focused Strategies
Research & Development
Identify Technologies to Drive Growth
Market Research
Evaluate Market Opportunities
Competitive Intelligence
Benchmark Competitive Forces
Investors
Optimise Long-term Return
Copyright © 2007 Frost & Sullivan
21
Growth Process www.frost.com
22 Copyright © 2008 Frost & Sullivan
Growth Excellence Matrix: Future Growth Potential www.frost.com
Measure and forecast the future growth potential of your company vs. the competitors
8 7 5 8 4 9 9 7 8 7 TOTAL 72 Average 7
Growth Strategy Excellence 1. Growth Compared to Competition & Industry Average 8 2. Visionary Integration of Technology, Markets, Economics 7 3. Strategic Partnering Optimisation 8 4. Industry Breadth Perspective 5 5. Best Practice Perspective 6 6. Global Perspective of Growth Strategy 9 7. Team Research Methodology & Evaluation 8 8. CEO’s Growth Team Utilisation with Growth Workshops 7 9. Comprehensive Growth Pipeline System 5 10.A Budget Dedicated to Growth Strategy 6 TOTAL 69 Average 7
Company B
Growth Strategy Excellence
1. Team Consensus on the Growth Strategy 2. Best Practices in Marketing 3. Best Practices in Sales & Sales Management 4. Best Practices in Leadership Change 5. Best Practices in Strategic Partnering 6. Technology Integration & Adoption Skills 7. Growth Training: Collaboration & Best Practices 8. The GIL Culture: Growth, Innovation & Leadership 9. Best Practices in R&D & Product Management 10.Global Teamwork on Growth Strategy Plan
excellent
Implementation Excellence
Company E
Client
(7,7)
Company A Company D
Company C
low
Implementation Excellence
excellent
23 Copyright © 2008 Frost & Sullivan
7 Growth Questions: Needs Assessment www.frost.com
• Is the company growing faster than the industry growth rate? • Is the board satisfied with the current growth rate? • Is the growth strategy achievable based on market forecasts, the competitors, market trends, and customers? • Does the company have strategies to identify and address both the internal and external challenges to growth? • Does the company have a Growth Pipeline System to monitor growth? • Does the company have a specific budget for growth strategy? • Does the management team possess the teamwork, commitment, and skills to implement the growth strategy?
24 Copyright © 2008 Frost & Sullivan
Growth Workshops: Improving Future Growth Potential
www.frost.com
25 Copyright © 2008 Frost & Sullivan
Growth Acceleration System www.frost.com
26 Copyright © 2008 Frost & Sullivan
What is GTM? www.frost.com
• The Growth Team Membership is an annual subscription program that supports the individual members of a CEO’s executive team in achieving the company’s top-line growth objectives. • The membership includes career-focused events, implementation-oriented best practices research and targeted services.
27 Copyright © 2008 Frost & Sullivan
The Growth Team MembershipTM Value Proposition www.frost.com
• Membership in the Growth Team will: − Speed the design and implementation of your growth initiatives (avoid reinventing the wheel) − Reduce risk by avoiding pitfalls encountered by peers − Stimulate problem solving through a cross-industry perspective − Improve your contribution to the CEO’s growth agenda − Accelerate your professional and career development
28 Copyright © 2008 Frost & Sullivan
The Frost & Sullivan Growth Partnership Proposal How We Can Help:
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1. Growth Partnership Service: Commit Your Growth Team 2. Growth Diagnostic Workshop: Evaluate Your Growth System 3. Growth Coaching Retainer: Establish CEO’s Growth Team 4. Growth Excellence Matrix: Vision Alignment Task Force 5. Growth Benchmarking: Fastest Companies & Industry Average 6. Growth Excellence Matrix: Measure Future Growth Capabilities 7. CEO 360 Industry Vision Workshop: Long-Term Growth Strategy 8. Growth Pipeline Evaluation: Prioritize Winners, Eliminate Losers 9. 10 Growth Processes: Optimize Your Drivers of Growth 10. Involvement in The Growth, Innovation & Leadership Event
29 Copyright © 2008 Frost & Sullivan
GIL GOES GLOBAL
www.frost.com/gilglobal
A global community focused on Growth, Innovation and Leadership May 2009
www.frost.com
October 2009 Kuala Lumpur
London November 2009 September 2009 North America
October 2009 Dubai
October 2009
Johannesburg November 2009 Japan February 2010 Tel Aviv
Mumbai October 2010 October 2009 Sao Paulo
Shanghai
30 Copyright © 2008 Frost & Sullivan
Next Steps www.frost.com
Request a proposal for a Growth Partnership Service to support you and your team to accelerate the growth of your company. Join us at our 16th Annual Competitive Intelligence Executive MindXchange (January 2009, New Orleans, LA) Join us at a Growth, Innovation and Leadership 2009: A Frost & Sullivan Global Congress on Corporate Growth www.frost.com/gilglobal Register for the next Chairman’s Series on Growth: www.frost.com/growthAPAC Register for Frost & Sullivan’s Growth Opportunity Newsletter and keep abreast of innovative growth opportunities
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Contact Us www.frost.com
If you have questions or would like further information about anything we discussed, please send your query to the email provided below and we will get back to you shortly.
Alvin Chua Account Manager Automotive, Transportation & Logistics DID: +65 6890 0997 Mob: +65 9199 4566 eMail:
[email protected]
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