Delivering Strategic Value Eric Verzuh, PMPshrmolympia.shrm.org/sites/shrmolympia.shrm.org/files... · 2014. 11. 3. · 11/2/2014 1 © The Versatile Company 2012. All rights reserved

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© The Versatile Company 2012. All rights reserved.

Olympia SHRM



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“The new economic environment… is substantially more volatile, much more uncertain, increasingly complex and structurally different.”

IBM’s 2010 CEO survey. Over 1500 CEO’s from around the world.



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IBM’s CEO survey. Over 1700 CEO’s from around the world.


IBM’s CEO survey. Over 1700 CEO’s from around the world.

Across industries and geographies, CEOs consistently highlight four personal characteristics most critical for employees’

future success:

“The Future-Proof Employee

“being collaborative, communicative,

creative and flexible.” - 2012 Survey


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innovation


2001: Dr. Peter Pronovost sees that central line infections appear in about 10% of patients.

He asks doctors and nurses to review a

5 step checklist verbally when putting in a central line.

“A twelve inch catheter pushed into the jugular vein”

Keystone Initiative: Hospitals in Michigan used the checklist for 18 months.

December, 2006: Results published in New England Journal of Medicine • First 3 months: Central line infection rate in Michigan’s ICU’s decreased 66% • First 18 months: hospitals saved an estimated $175 million in costs and more

than 1500 lives.


The Checklist Manifesto, Dr. Atul Gawande

December, 2006: Results published in New England Journal of Medicine • First 3 months: Central line infection rate in Michigan’s ICU’s decreased 66% • First 18 months: hospitals saved an estimated $175 million in costs and more

than 1500 lives.

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Trouble in the Middle “Two-thirds of schools which offer long, residential MBA programs saw applications drop in 2011”

October 15th-21st, 2011

“… schools may need to specialize… for example in renewable energy or real estate.”

“Take the Olin Business School at Washington University. With a renowned medical school, it

would seem perfectly placed to appeal to students interested in medical-sector management.”

pg. 71- 72


University of Washington students: 3-D printing turns plastic waste into water sanitation resources for developing countries.

“They've developed an inexpensive 3-D printer that can turn shredded, melted plastic waste into just about anything… including composting toilets and rain-catchment systems.”

“3-D printers have been around for at least 25 years, although they have become more widely available, better-known and cheaper in recent years. But until now, nobody had figured out how to cheaply build a large-scale printer that used recycled plastic as its raw material.”


http://www.google.com/glass

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invention

innovation Change that delivers business value.


Benefits increase over time. Inspiration

Pain

Page

4

innovation

Change that delivers business value.



Pain Implement the Solution

Proposed Activity

Create a Solution


Deliver Create

Collaborate

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Get the facts

Envision the ideal

future state.

Generate alternatives

Select an alternative

Risk & cost

benefit analysis

Benefits increase over time.

TM Seven Strengths to Power Innovation

Inspiration

Pain


Define • Plan • Execute • Close Proposed

Activity


Seven Strengths to Power Innovation

Get the facts.

Envision the ideal

future state.



Risk & cost

benefit analysis


1. Analysis focused on stakeholder value.

2. Tenacious, courageous creativity.

4. Goal driven planning.

3. Team driven decision making.

5.Systematic drive to completion.

7. Prioritize to accelerate. 6. Adventure attitude.

TM


Inspiration

Pain

Define • Plan • Execute • Close Proposed

Activity



N/A

TM

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Virginia Mason Medical Center Seattle, Washington

1. Stakeholder focused analysis.

Inspiration

Pain

Seven Strengths to Power Innovation TM


1. stakeholder focused Analysis.


Inspiration

Pain

2. Tenacious, courageous creativity. "Genius is 1% inspiration and 99% perspiration.

Accordingly, a 'genius' is often merely a talented person who has done all of his or her homework."

Thomas Edison




Inspiration

Pain


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“We need to build up our execution muscle. We’ve got great ideas everywhere,

but we fail at execution.” - Director of HR




Project Proposal Get the

facts

Envision the ideal

future state.



Risk & cost

benefit analysis

Make a decision and action plan


Pain

Define • Plan • Execute • Close


Define • Plan • Execute • Close Project

Proposal



“We need to build up our execution muscle.”

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Goal




Goal

Every task connected to the goal.






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February March April

A strength for every person working on a change.



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5. Systematic drive to completion. Communication Schedule awareness enables coordination Risk and issue tracking Testing and quality orientation

Define • Plan • Execute • Close Project Proposal




facts.

Envision the ideal

future state.



Risk & cost

benefit analysis







5.Systematic drive to completion.

Inspiration

Pain


Create Deliver

Collaborate

6. Adventure attitude! Seven Strengths to Power Innovation



facts.

Envision the ideal

future state.



Risk & cost

benefit analysis



Pain



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facts.

Envision the ideal

future state.



Risk & cost

benefit analysis



Pain



Iteration & persistence Collaboration & conflict Discovery Ambiguity Change


7. Prioritize to accelerate.

Leaders prioritize.




Kip Chris

N/A

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Discussion & Questions


Leaders build their own Strengths and promote strength in others.

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www.VersatileCompany.com


Documents

Delivering Strategic Value Eric Verzuh, PMPshrmolympia.shrm.org/sites/shrmolympia.shrm.org/files... · 2014. 11. 3. · 11/2/2014 1 © The Versatile Company 2012. All rights reserved