Today's Agenda
• Course Overview• Concept Presentations• Hightower DVD• Action Method• Guest Speaker:
• Mr. David Chavez, CPA (Assured Strategies)
Course Overview
• About me…• What is ‘strategy execution’ and
why is it important?• Assessment:
• Concept Presentation (20%)• Strategy Audit (20%)• Movies Review (20%)• Case Presentation (20%)• Simulation Game (20%)
Useful Links
• http://faculty.unlv.edu/phelan• http://www.bsg-online.com• http://www.actionmethod.com• http://openproj.org/• http://webcampus.unlv.edu
Concept Presentations
• Papers– Group A: Integrating Strategy and Operational Execution– Group B: Closing the Gap between Strategy and Execution– Group C: The Secrets to Successful Strategy Execution– Group D: Transforming Corner Office Strategy into Frontline Execution– Group E: Why Change Programs Don't Produce Change– Group F: Tipping Point Leadership
• Case– Walt Disney’s Dennis Hightower: Taking Charge
• The TaskYou are required to: • Present a summary of the assigned article to the class• Compare and contrast it with one other article in the first six readings • Evaluate the practical effectiveness of the article’s recommendations • Use the concepts in the assigned article to recommend how Hightower should solve his problem
at Disney.
Action Method
• Came across a book in the iBooks store called “Making Ideas Happen”• Targeted at “creatives” who often
have more ideas than outcomes• Methodology rooted in a web-based
service called Action Method
Methodology
• All of life can be divided into "projects" - the categories we use in our minds to separate and make sense of what we need to accomplish (e.g. "the party I'm planning," "client X," "event Y," "finances").
• The Action Method helps you manage your projects starting with the most basic elements - always with an emphasis on action.
Basic Elements
• Action Steps• Action Steps are tasks that need to
be completed. Each Action Step should start with a verb: "Call Y," "Follow up with X," "Buy a gift for Z."
• References• References are notes, links, files,
sketches - any information related to a project that gives context to your Action Steps.
Elements ctd
• Backburners• Backburners are the brilliant ideas
that you want to come back to later, but are not yet actionable.
• Discussions• Discussions enable you to manage
ongoing conversations across all of your projects with anyone that works with you.
Elements ctd.
• Events• Events are the key
occasions/meetings/milestones/etc toward which you (and your team) are working. Events can be used to coordinate deadlines for Action Steps, aiding project management.
Design Features
• Web, paper or iPhone• Action Steps are more important
than anything else, and the system is organized around them.
• They believe that success comes down to identifying what needs to get done, who needs to do it, and then making it happen
Features ctd
• You only share what is relevant• Action are only “delegated” if they
are accepted• “Nag” and “Appreciation” functions• http://actionmethod.com/Tour