flevyblog

Flevy Blog is an online business magazine covering Business Strategies, Business Theories, & Business Stories.
MANAGEMENT & LEADERSHIP STRATEGY, MARKETING, SALES OPERATIONS & SUPPLY CHAIN ORGANIZATION & CHANGE IT/MIS Other

The Natural Evolution of Things (Part 1)

Editor's Note: Take a look at our featured best practice, A Comprehensive Guide to Change Management (586-slide PowerPoint presentation). This "new and improved" A Comprehensive Guide to Change Management,, which replaces my previous "best seller" of the same name, contains everything (well nearly everything) you would ever want to know about Change Management. This slide-deck now contains over 580 slides [read more]

Also, if you are interested in becoming an expert on Change Management, take a look at Flevy's Change Management Frameworks offering here. This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. By learning and applying these concepts, you can you stay ahead of the curve. Full details here.

* * * *

Editor’s Note: The Natural Evolution of Things is an in-depth is a 5-part series that describes 13 the catalysts of Organizational Change and Competitiveness, based on the theme of Michael Porter’s Five Forces. To read the full series, take a look at the author’s profile page found here.

* * * *

Survival of the fittest? Natural selection? Quite likely even when it comes to valuable business concepts – exceptional frameworks of immense value, one cannot help but be indebted to Dr. Michael for his 5 Forces which debuted in 1979. It has withstood the test of time – at least for the most part. Allow me to elaborate further.

As we are beginning to appreciate more and more, knowledge as well as many frameworks have a half-life of value which continues to shrink. Michael Porter’s framework has withstood this effect better than most. However today, despite the number of growing areas of controversy around his famous framework causing Michael to have to defend his model or at least put it in the proper context from a more economic perspective, it is continued to be utilised and will be utilised but now as just one of many tools, techniques and frameworks for assessing the level of competition within an industry and the associated business strategy development used by organizations and consultants – it is no longer a primary tool, but what appears to be a secondary level tool – but still of significant value.

In addition, if we were to return to 1979, things were a bit different as we all appreciate. In many ways we all existed in a much less complex environment, a much lower level technological state and many organizations were beginning to just stretch their wings or strengthen them to try and become global organizations – reaching out to touch countries – locations around the world that many had never even heard of before. As they did this, they needed help in the form of excellent frameworks to assist them not only in strategy development but critical strategic decision making. It was at this time and in this context that Michael Porter’s 5 Forces became an almost indispensable aid to them adding enormous value. The focus was clearly on industry competitiveness as opposed to individual organizational competitiveness. We at Insights Paradigm now think that the focus has shifted as of some years ago because organizations, especially global ones, have gained possibly as much as 80%+ of the insights and understanding they need to compete in their industry even globally. The priority, we believe, is now clearly on ‘How do I gain and maintain lasting competitiveness for my organization – ensure that it will be an enduring organization able to stand the test of time, change and turbulence?’

We know that to really develop the best strategies for gaining and maintaining organizational competitiveness or remaining in a leadership position long-term you have to understand your industry – that goes without saying. What we are saying is that with respect to most industries, if not all, even on a global basis, all is known that can be known. Of most particular interest to individual organizational competitiveness are issues such as: who are my competition; what are their true competitive advantages and vulnerabilities; what are the real barriers to entry into our industry – are they increasing or decreasing; what is the risk of new disruptive entrants or use of blue ocean strategies where the risk is that our industry may be redefined? That kind of business intelligence is always essential and generally more available than ever.

But what about now in 2017 some 38 years later after introduction of the 5 Forces? Well we can unequivocally say things have changed in virtually every dimension which affects how an organization needs to think and act. Complexity is the order of the day. Technological innovation is occurring at an exponential rate. New emerging trends, evolving patterns, changing requirements, competitive movements and more – all contributing to turbulence in the operating environment globally is the norm, not the exception.

More fundamentally, while Michael Porter’s framework came primarily from an economists viewpoint with a strategic perspective integrated into it, our feeling is that what is now needed is a new framework – a new generation 5 Forces so to speak which takes us not only into the brave new world in which we in our organizations operate today, but well into the future as we indeed attempt to shape that future to our advantage – each and every one of us. This new framework moves away from things ‘economic’ and brings strictly what might be called a ‘strategic leadership view’ – that is, a view of what the forces or influencers, the catalysts are that will motivate change in an organization will shape the future of organizations leading them to gain and/or maintain a position of strategic leadership – that is be in the ‘winner’s circle’ at the end of the day after enduring the test of time, change and turbulence or not as their leadership decrees based on key strategic decisions right or wrong.

So, what is it that we at Insights Paradigm believe is a more valuable framework which will allow organizations to conduct future shaping more successfully in this brave new world of volatility and complexity? What is it that we believe should now be utilised relentlessly rather than Michael Porter’s 5 Forces, although always available as a supplementary framework? WE have identified what we believe are 13 catalysts of change – factors so powerful and growing in strength that organizations will be forced to respond or literally become extinct. Allow us to show you the 13 Catalysts we believe you need as the leadership team to take a very close look at and assess relative to your organizations position and the level of competitiveness you hope to achieve. We will  then discuss each item briefly: and end on a final note of what we believe is simpler but power vital few 5 Forces which will determine the success of any organisation or not if they choose to ignore them.

naturalslide

No one ever guaranteed it would be easy, but in fact it is easy. Each of the 13 catalysts shown in the above diagramme are logical, relevant and easy to assess. In terms of their impact on designing the right competitiveness strategy and better ensuring its execution – nothing here is ‘rocket science’. In 38 years, since the advent of Michael Porter’s 5 Forces we have already agreed at least twice that a few things have changed – some of them exponentially in shear level such as technology and disruptive trends like aging populations and, frankly, the importance of maintaining organisational competitiveness itself into the future. Read ‘Strange Rebels: 1979 and the Birth of the 21st Century’ by Christian Caryl for some useful insights on ‘things changed.’

20-slide PowerPoint presentation
This document contains 6 frame Change Management frameworks that deal with the "soft" side of managing effective organizational change: 1. Dimensions of Change 2. Emotional Cycle of Change 3. Ingredients of Change 4. Level of Commitment 5. Phases of Team Building 6. Trust [read more]

Want to Achieve Excellence in Change Management?

Gain the knowledge and develop the expertise to become an expert in Change Management. Our frameworks are based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. Click here for full details.

"The only constant in life is change." – Heraclitus

Such is true for life, as it is for business. The entire ecosystem our organization operates in—our customers, competitors, suppliers, partners, the company itself, etc.—is constantly changing and evolving. Change can be driven by emerging technology, regulation, leadership change, crisis, changing consumer behavior, new business entrants, M&A activity, organizational restructuring, and so forth.

Thus, the understanding of, dealing with, and mastery of the Change Management process is one of the most critical capabilities for our organization to develop. Excellence in Change Management should be viewed as a source of Competitive Advantage.

Learn about our Change Management Best Practice Frameworks here.

Readers of This Article Are Interested in These Resources


32-slide PowerPoint presentation
Change Management Process is essential Process in Service Transition. Process is contained in ITSM best practices. Document describes the process in detail including Process flow, key definitions, process roles, CSFs, KPIs, Risks and Challenges. This comprehensive PPT on Change Management [read more]


 
73-slide PowerPoint presentation
 
 
20-slide PowerPoint presentation

About Dr. Ted Marra

Dr. Ted Marra is a strategic facilitator, organizational mentor and writer. He has lectured in MBA/EMBA programmes at universities in Boston, Detroit, the UK, Switzerland and Croatia. He is now a Member of the Board of MAX/Knowledge Now, a global learning organisation. He is also Sr. Partner for Insights Paradigm, a strategic advisory organization in Dubai, UAE. You can find Ted on LinkedIn here.

,



Complimentary Business Training Guides


Many companies develop robust strategies, but struggle with operationalizing their strategies into implementable steps. This presentation from flevy introduces 12 powerful business frameworks spanning both Strategy Development and Strategy Execution. [Learn more]

  This 48-page whitepaper, authored by consultancy Envisioning, provides the frameworks, tools, and insights needed to manage serious Change—under the backdrop of the business lifecycle. These lifecycle stages are each marked by distinct attributes, challenges, and behaviors. [Learn more]

We've developed a very comprehensive collection of Strategy & Transformation PowerPoint templates for you to use in your own business presentations, spanning topics from Growth Strategy to Brand Development to Innovation to Customer Experience to Strategic Management. [Learn more]

  We have compiled a collection of 10 Lean Six Sigma templates (Excel) and Operational Excellence guides (PowerPoint) by a multitude of LSS experts. These tools cover topics including 8 Disciplines (8D), 5 Why's, 7 Wastes, Value Stream Mapping (VSM), and DMAIC. [Learn more]
Recent Articles by Corporate Function

  

  

  

  

  

The Flevy Business Blog (https://flevy.com/blog) is a leading source of information on business strategies, business theories, and business stories. Most of our articles are authored by management consultants and industry executives with over 20 years of experience.

Flevy (https://flevy.com) is the marketplace for business best practices, such as management frameworks, presentation templates, and financial models. Our best practice documents are of the same caliber as those produced by top-tier consulting firms (like McKinsey, Bain, Accenture, BCG, and Deloitte) and used by Fortune 100 organizations. Learn more about Flevy here.
  


OUR CORE OFFERINGS
Flevy Marketplace: Top 100
· Strategy & Transformation
· Digital Transformation
· Operational Excellence
· Organization & Change
· Financial Models
· Consulting Frameworks
· PowerPoint Templates
FlevyPro (Subscription Service)
KPI Library
Streams (Functional Bundles)
Flevy Executive Learning (FEL)
PowerPoint Services

FREE Resources

About Flevy
Management Topics
Marcus (AI-Powered Consultant)
Partner Program
LinkedIn Influencer Marketing
FAQ / Terms / Privacy / Blog
Contact Us: support@flevy.com



CONNECT WITH US!
       
TOP 100 TRENDING TOPICS
Acquisition Strategy
Agile
Analytics
Artificial Intelligence
Balanced Scorecard
Best Practices
Big Data
Breakout Strategy
Business Continuity Planning
Business Plan Financial Model
Business Transformation
CMMI
COBIT
Change Management
Cloud
Communications Strategy
Company Financial Model
Competitive Advantage
Competitive Analysis
Consulting Frameworks
Continuous Improvement
Core Competencies
Corporate Culture
Cost Reduction Assessment
Customer Experience

BROWSE BY FUNCTION
Strategy, Transformation, & Innovation
Digital Transformation
Operational Excellence and LSS
Organization, Change, & HR
Management Consulting

Customer Journey
Customer Service
Cyber Security
Data Privacy
Decision Making
Digital Marketing Strategy
Digital Transformation
Digital Transformation Strategy
Due Diligence
ESG
Employee Engagement
Employee Training
Enterprise Architecture
Growth Strategy
HR Strategy
Hiring
Hoshin Kanri
ISO 27001
ITIL
Information Technology
Innovation Management
Integrated Financial Model
Kaizen
Kanban
Key Performance Indicators

ADDITIONAL RESOURCES
Business Strategy Frameworks
Case Studies
Consulting Training Guides
COVID-19 Trend Data
Digital Transformation
Financial Advising Services (FAS)

Knowledge Management
Leadership
Lean
Lean Manufacturing
Logistics
M&A (Mergers & Acquisitions)
Manufacturing
Market Research
Marketing Plan Development
Maturity Model
McKinsey PowerPoint
McKinsey Templates
Operational Excellence
Organizational Change
Organizational Design
Performance Management
Post-merger Integration
Pricing Strategy
Process Improvement
Process Maps
Procurement Strategy
Product Launch Strategy
Product Strategy
Project Management
Quality Management


Free Resources
KPI Library
Lean Management
Lean Six Sigma Training Guides
Marcus Insights
Operational Excellence

Real Estate
Remote Work
Restructuring
Risk Management
Robotic Process Automation
SWOT
SaaS
Sales
Scrum
Service Design
Six Sigma Project
Social Media Strategy
Strategic Planning
Strategic Thinking
Strategy Development
Supply Chain Analysis
Sustainability
Target Operating Model
Team Management
Total Productive Maintenance
Value Chain Analysis
Value Creation
Value Stream Mapping
Visual Workplace
Workplace Safety


Product Strategy
Small Business Owner
Startup Resources
Strategic Planning
Strategic Planning Process
Value Innovation Strategy


© 2012-2024 Copyright. Flevy LLC. All Rights Reserved.