Oleh : Basrief Arief Disampaikan dalam S eminar Yang Diselenggarakan
1 Proprietary and Confidential Information MTIA B USINESS S TRATEGY S EMINAR A PRIL 29-30, 2013.
-
Upload
quentin-randall -
Category
Documents
-
view
214 -
download
0
Transcript of 1 Proprietary and Confidential Information MTIA B USINESS S TRATEGY S EMINAR A PRIL 29-30, 2013.
1Proprietary and Confidential Information
CASE STUDIES IN SUCCESS: REAL-WORLD WINNERS
PRESENTER: DAVID LEWIS
MTIABUSINESS STRATEGY SEMINAR
APRIL 29-30, 2013
2Proprietary and Confidential Information
OUTLINE
Six crucial keys that RLECS have implemented in successfully turning their companies around:
1.Financial Analysis• LOB, 5 Year Forecast, Revenue Assurance
2.Strategic Planning3.Tactical Business / Marketing Plan
• Sales Role• Positioning the company• Purposeful pricing strategies
4.Processes and procedures5.Hiring / retraining the correct staff6.ProActive Customer Service
• Changing corporate culture
3Proprietary and Confidential Information
1. FINANCIAL ANALYSIS
• Line of Business Analysis (LOB) this drives everything– Revenue Assurance and 5 Year Forecast
• Strategic Planning, marketing strategies, sales strategies are all keyed off of this information
• Drives staff education on sound business practices
4Proprietary and Confidential Information
2. STRATEGIC PLANNING
Key strategies are all based off of Strategic Plan
•Those that are successful have an implementation process
•The Marketing Plan should research, educate, and position the goals of the Strategic Plan so management knows which strategies to implement
•Strategic Planning is only as good as the implementation
•Road map for management, keeps staff accountable
5Proprietary and Confidential Information
3. TACTICAL BUSINESS / MARKETING PLAN
• The Tactical Marketing Plan is a roadmap for management (especially for the marketing role)
• It should:– Include key strategies that are based on the Strategic Plan
(marketing oriented), includes budgets, penetration rates, etc.
– Positions the company (are you a Telco, broadband, or technology company)
– Strategizes “Purposeful pricing strategies”– It is the who, why, when, where of all launch plans
Marketing is different than sales…some companies require a Sales Department
6Proprietary and Confidential Information
4. PROCESSES AND PROCEDURES
• This is often overlooked and yet a crucial tactic when researching and launching new products
• It is sorely needed in order to meet Proactive Customer Service goals
• It is much less painful than the alternative
• It teaches discipline and accountability
7Proprietary and Confidential Information
5. STAFFING AND IMPLEMENTING ROLES
• Many times the reason a product / service is not successful is because there is not a role within the company
• It is not unusual that a new staff person and / or a reassigned staff person can make all the difference
• Hiring the correct staff is becoming more critical
8Proprietary and Confidential Information
6. PROACTIVE CUSTOMER SERVICE
• The Industry’s focus should not be on sales, it should be on ProActive Customer Service
• Your company won’t change until your corporate culture changes
• A ProActive Customer Service mindset can change your corporate culture
• A one day training event won’t change corporate culture…it is a process
9Proprietary and Confidential Information
OTHER KEYS
• Stop selling products and services…sell _________________
• Quit selling Security Systems and sell the Smart _________, _________, ________
• Determine what you want your image to be…and then position and measure if you are getting there
• We have to run the unregulated side like a normal business
• Educate your staff on why you are changing the corporate culture, this is the first strategy for change
10Proprietary and Confidential Information
CASE STUDIES IN SUCCESS: REAL-WORLD WINNERS
PRESENTERS: BEAU REBEL
MTIABUSINESS STRATEGY SEMINAR
APRIL 29-30, 2013
11Proprietary and Confidential Information
GBT STORY
• Coop located in West Central Kansas• ILEC – 3,230 Square Miles• Largest town – 2,083 Ellis, KS• 33 Employees• 4,400 Access Lines
12Proprietary and Confidential Information
GBT STORY
Services– Telephone– High-Speed Internet– Video– Computer Service and Repair– Security-Alarms and Video Cameras– Cellular-PCS
13Proprietary and Confidential Information
GBT STORY“CHANGING THE CULTURE OF OUR ORGANIZATION”
There is no such thing as being stagnant in business. You are either going forward or backward. Processes need to be reviewed, strategies need to be discussed, opinions need to be shared, decisions need to be questioned.
14Proprietary and Confidential Information
GBT STORY“CHANGING THE CULTURE OF OUR ORGANIZATION”
Share 4 Organizational Changes– Diversification– Strategic Planning– Partnerships– New Initiatives
15Proprietary and Confidential Information
GBT STORY“CHANGING THE CULTURE OF OUR ORGANIZATION”
Diversification / Growth Opportunities– Find New Revenue Opportunities
• Vertical and Horizontal• Line of Business Analysis
– 2009 Operating Margin ($99,339)– 2012 Operating Margin $1.3 Million
» 2009 CATV ($465,000)» 2012 CATV $155,000» Lost about 600 customers 2009-2012
16Proprietary and Confidential Information
GBT STORY“CHANGING THE CULTURE OF OUR ORGANIZATION”
Diversification / Growth Opportunities– Computer Bundles– Smart Home Monitoring
17Proprietary and Confidential Information
GBT STORY“CHANGING THE CULTURE OF OUR ORGANIZATION”
Strategic Planning– Forward Looking Game Plan
• Management Team– Empower Your Employees
• Logo Change• New Motto
– The Gateway to Broadband and Technology
18Proprietary and Confidential Information
GBT STORY“CHANGING THE CULTURE OF OUR ORGANIZATION”
Partnerships– Nex-Tech Wireless PCS
• Rural Telephone and Mutual Telephone
– Video Solutions• Rural Telephone and Gorham Telephone
19Proprietary and Confidential Information
GBT STORY“CHANGING THE CULTURE OF OUR ORGANIZATION”
New Initiatives– Hiring Right
• Lost 4 Employees• Reduction of Benefits• Younger Employees
– Capital Credit Plan• Cash out 40% of Capital Credits Today• How much to pay out in future years?
– RUS Cushion of Credit– Retiring or Selling Equipment
20Proprietary and Confidential Information
CASE STUDIES IN SUCCESS: REAL-WORLD WINNERS
PRESENTERS: BRAD ADAMS
MTIABUSINESS STRATEGY SEMINAR
APRIL 29-30, 2013
21Proprietary and Confidential Information
COMPANY PERFORMANCE
• Overall performance versus performance by service.
• Is your company performing financially?• If not, do you know why?• What management tools do you have in
place to adequately monitor and evaluate your operations?
22Proprietary and Confidential Information
COMPANY DETAILS
• Do you know your true loaded cost per service, per subscriber, per month?
• An analysis of your operations can determine your margins per service (Positive or Negative).
• Determine the reason or cause if you are not financially performing.
23Proprietary and Confidential Information
LINES OF BUSINESS ANALYSIS (LOB)
• Review your staffing and organizational structure.
• Review your network configuration.• Analyze / identify both direct and in-direct
cost per service.• Develop an appropriate spread to allocate
in-direct cost per service.• Employee education of internal processes
and understanding of their importance.
24Proprietary and Confidential Information
LINES OF BUSINESS ANALYSIS (LOB)
• Compare loaded cost to current retail rates accordingly to identify margins per service.
• If unsatisfactory margins, further steps may be required, including:– Competitive assessment– Market assessment– Implement efficiencies– Exit Strategy
25Proprietary and Confidential Information
LOB RESULTS
• All costs are accounted for within each individual line of business.
• Management tool identifying margins that are driving performance.
• Knowing what costs are controllable.• Operating more efficiently and maximizing
your non-regulated operations.
26Proprietary and Confidential Information
LOB FINANCIAL GROWTH
• GBT Communications– 4,400 Access Lines– 3,380 Internet Subs– 2,674 CATV Subs
– 2009 Operating Margin ($99,339)– 2012 Operating Margin $1,3 Million
• CATV 2009 ($465k)• CATV 2012 $155K
27Proprietary and Confidential Information
LOB FINANCIAL GROWTH
• Company A
– 970 Access Lines– 730 Internet Subs– 750 CATV Subs
– 2009 Operating Margin ($169K )– 2012 Operating Margin $158K
28Proprietary and Confidential Information
REVENUE ASSURANCE
• How confident are you that your billing is accurate?
• Do you have checks and balances in place to monitor billing accuracy?
• Has your company converted to a new billing vendor, and are you confident you are capturing all your revenues?
29Proprietary and Confidential Information
REVENUE ASSURANCE
• Determining what is provisioned in the network versus being billed to the customer can be problematic.
• Verifying what is provisioned can be another way to maximize your revenue.
• Diagram the internal processes to identify what two processes need to be compared.