How to grow in recession

18
1 Confidential From Big Idea To Implementation Excellence Strategic Execution In Changing Economic Times (Or ... why the recession wont last forever and what you should be thinking and doing right now!) 17 th October 2009

description

Growth consultant Mike Perry of Mike Perry and Associates in South Africa presented this thought-provoking talk at the October 2009 conference.

Transcript of How to grow in recession

Page 1: How to grow in recession

1Confidential

From Big Idea To Implementation Excellence

Strategic Execution In Changing Economic Times

(Or ... why the recession wont last forever and what you should be thinking and doing right now!)

17th October 2009

Page 2: How to grow in recession

2Confidential

Big strategic ideas are plentiful. It’s execution of

these ideas that’s difficult. In the year 2000, 20%

of CEO’s of the top 200 USA companies left early

and involuntarily because of failure to

successfully execute agreed strategies.

Source: Ram Charan

Page 3: How to grow in recession

3Confidential

The Global Economic Crisis

… South Africa followed in about

August 2008

... was triggered by the USA coming off it’s December 2007 peak.

Page 4: How to grow in recession

4Confidential

What Is Strategic Execution In Tough Times?

Rapid reaction.

Tough decisions.

Look ahead at all times

Because sunny times will

always follow!

Page 5: How to grow in recession

5Confidential

Meanwhile Never Forget …

The bike race is won in the mountains.

Page 6: How to grow in recession

6Confidential

Riding In The Mountains Is About Planning & Attitudes

Future cycle phases

August ‘08

August ‘09 April 2011

July 2013

May 2014

Page 7: How to grow in recession

7Confidential

Winning In The Mountains

Needed … a keen sense of competitive anticipation; know when to switch gears!

Move fast: Cost Cash Re-budget

Focused execution:

Sales Frequent

measurement How have

customers changed?

Take initiative now

Set new rules of the game

Theme 1 Theme 2 Theme 3 Theme 4

“10 months” “12 months” “15 months”

First to the summit

“20 months”

Page 8: How to grow in recession

The Growth Imperative for District 74 Southern Africa

8Confidential

Page 9: How to grow in recession

Southern Africa Long-Term Trends

Green line = number of clubs Red line = number of membership payments

Note: each member pays 2 x per year (6-monthly

subs to USA)

9Confidential

Page 10: How to grow in recession

Southern Africa Number of Clubs

10Confidential

Page 11: How to grow in recession

India Number of Clubs

11Confidential

Page 12: How to grow in recession

UAE Number of Clubs

12Confidential

Page 13: How to grow in recession

SW Australia Number of Clubs

13Confidential

Page 14: How to grow in recession

Southern Africa Long-Term Trends

Green line = number of clubs Red line = number of membership payments

Note: each member pays 2 x per year (6-monthly

subs to USA)

14Confidential

Page 15: How to grow in recession

15Confidential

The Drive For Self Improvement

“During tough economic times in the USA, full-time

programme enrollment increases, part-time

weakens and some companies reduce executive level

education. In South Africa, where MBA’s are mostly

part-time, we are on a 20-year positive cycle and the

last 2 years have both shown growth.”

Source:Business School Dean

Page 16: How to grow in recession

16Confidential

Never Forget …

The bike race is won in the mountains

Page 17: How to grow in recession

17Confidential 17Confidential

Page 18: How to grow in recession

18Confidential 18Confidential

Questions Facilitators for Group 1-5

Facilitators for Groups 6-10

What is preventing us from growing?

Why should we grow?

Where will we get (people) capacity from, in order to grow?

How do we convert more enquiries / leads to members?

How do we retain more members?