CBI MSB summit 1st December 2014 – Helping the UK’s mid-market firms realise their potential

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CBI MSB summit 1st December 2014 – Helping the UK’s mid-market firms realise their potential

What makes a good strategy?

Does your people planning process support your business strategy?

Leadership Risks and succession planning has four phases to ensure effective leadership succession organisations must build a succession system addressing four leadership risks.

1) Vacancy: What are the key roles? Risk of critical leadership vacancy

2) Readiness: Risk of undeveloped successors

3) Transition: Risk of poor assimilation of exec talent into business, new hire

4) Portfolio risk: Risk of poor deployment of talent against business goals.

Assessment of risk in the strategy of a business

Competitive advantage, plus scale and scope and diversity and operating efficiencies = profitability Compared to level of profitability vs. peers And Volatility of profitability = competitive position

How can a third party opinion support strategy?

Obvious answer is to Support financing strategy. Less obviously to support business strategy ‘a truly independent opinion can act as a mirror for a company’.

Giving 360 approach to strategy – Consider markets vs products. Existing markets/new products and existing products/new markets. Then look at New products/new markets.

About Impact Executives Ltd Impact Executives is a leading interim management provider to organisations of every size in the UK and globally. Originally formed as a specialist practice within PA Consulting Group, over the past 25 years Impact Executives has helped over 2000 companies, including more than two-thirds of the FTSE 250 – find the very best executive interim management talent. Clients choose to work in partnership with Impact Executives because of our proven ability to offer clients immediate solutions to improve their organisation’s performance.

With offices covering the UK, continental Europe, Nordics, Asia Pacific and Australia, Impact Executives is part of the global services consultancy Harvey Nash Group plc, giving clients and interim managers the confidence that we have the resources, expertise and focus to deliver results – fast.

For further information on Impact Executives, please contact Steffany Young, Impact Executives, Tel: 0044 20 7314 2011 Email: steffany.young@impactexecutives.com