Preparing for your future corporate strategy
A series of recent activities has me writing on the idea of ‘future strategy’ and how different organisations are approaching their future development. What is interesting is the strong sense that preparing for your potential future requires multiple paths forward, not a single ‘home run’. To that end I’ve recently considered sporting bodies and local community driven programs which has triggered these ‘thought bubbles’
What have the AFL, the town of Lockhart in NSW and community Windfarms have in common? On the surface not much unless you chunk up to consider the broader and overarching strategy involved. In each case it is possible to point to specific examples of very focused ‘future’ developments.
Recently I spent some time with the South Pacific side playing in the AFL’s Under16 championship in Blacktown, the new home of the Greater Western Sydney football side. This carnival is one of the leading developments for players aspiring to play AFL football and the AFL has been spreading its wings into Fiji, Tonga, New Zealand, Papua New Guinea, Samoa and Timor Leste (among others). Included in the carnival for the first time was a ‘World’ Un16 side that brought players from Canada, Netherlands, China and more together under the one banner.
It would be easy to suggest that this push is simply about expanding the reach of the AFL into other areas. That much is true and it could also be about targetting the code for the next big step – Asia. To that end, the carnival is a future based strategy that may well be about defensive moves as it is about expansionary moves – getting a strong toe hold into the market before the likes of FIFA work out just how much they’ve ignored the Asian part of the world with their strong preference for European focus of the ‘world game’. Given the quality of the coaching personnel available to both the Australian teams and overseas teams, there’s no doubt the AFL see this carnival and the development of players in other countries, as critical to their future.
In a similar way the NSW town of Lockhart has been developing an Eco Industrial Park. Make no bones about it, this is the sort of initiative that many other much larger and much better funded State Government entities have FAILED to come to grips with and yet here we have a group of very passionate locals, seeing the future potential of their small and delightful little town, have created the starting base of what could be a model for the future for local towns – not just the establishment of an industrial park, but the establishment of Eco driven design within that Park to minimise waste streams and maximise efficiencies. It is (along with some Council initiatives) a sign the many in the town of Lockhart understand the need to plan for their future.
More recently I went out to Leonards Hill to have a look at the site of Australia’s first locally owned commercial windfarm – part of Hepburn Winds’ development* of a locally owned and run community windfarm able to power pretty much all of the Daylesford and Hepburn Springs communities. It was impressive to know that within a few short months, generators will appear that will entrench this local community’s attachment to locally created power. Much the same way that Ella Wolf-Tasker, owner of the Lakehouse Restaurant in Daylesford insists on local produce for her amazing restuarant.
What all of these initiatives show is that future strategy requires commitment and action and can with small localised groups, grow to become very big development and initiatives with a world wide impact. They also suggest that sometimes, when the future is a stake, you can’t leave up to outsiders to do the job for you – you must make the running. I wish them all the success
* I note that although I am not a local I am a small shareholder in the Windfarm project having purchased some shares when they first began fundraising
Potentially the biggest area of untapped competitive advantage (and arguably one of the biggest areas where costs could be reduced) is within supply chains. Most approaches to Supply Chain Management are linear and isolated with one player trying to squeeze the other with no regard to the overall effect of the full supply chain. It’s…
Read More >There’s a shift underway in the mining industry that will likely catch Australian airlines out if they aren’t paying attention – the shift toward ‘remote’ mining. Remote mining is being pushed by the automation ability across all aspects of current mining technology, which at the basic level, means that fewer humans are needed on site…
Read More >Simple question really. Or is it? In this quick article I provide an overview of the difference between strategy that is D.E.A.D and A.L.I.V.E Think of it as a potential ‘do this’ collection for your Organisation You can download the article for free here – ‘Is your Organisational Strategy D.E.A.D or A.L.I.V.E?’
Read More >Lots of thoughts for the year already underway, with some covering a range of ideas from ‘don’t cut corners on relative incidentals when the project is significant for you’ to ‘you can’t change your approach if you keep thinking inside the same box’. But for now a reminder about planning for your future: If you…
Read More >In thinking about the year ahead I’ve decided to call it the International Year of Resilience. With everything that appears to be going on in the world there’s unlikely to be any quick fixes and so I provide for you here below, my Top 10 Tips for building more resilience into your lives. If you…
Read More >The United Kingdom’s Committee on Climate Change has released a report that shows rising household energy costs are not caused by the apparent burden of environmental policies. Instead the core factor is increases in costs increases of Oil and Gas as the Energy resource sector taps into a ‘growth’ market. You can have a…
Read More >After a great although too brief trip to Islamabad in Pakistan, I joined Vicki Kerrigan on ABC Radio Darwin to discuss the idea of official reports for travelers and who you should believe. Sometimes we fear the unknown because we aren’t well enough informed. In the absence of any other information, the Official line is…
Read More >It’s taken me a while to get the Tourism Thinking piece together given the extensive travel this year that has enabled me to assess where Australia’s tourism is not getting things right. This update won’t paint the full picture (a couple of clients have first crack at this research) but it is important enough to…
Read More >I alert you from the outset that I’m about to make a massive leap of potentially an supportable scientific theory in discussing a potential Wildcard event. If you’re only interested in the concrete real stuff, head elsewhere after you get about half way. I’m going to make a massive leap first of all and then…
Read More >n this MP3 with Paul Dale on ABC Darwin radio we chat about the recent fly past of a large chunk of rock called Asteroid YU55, and what we might do as a species in managing a potential Asteroid impact. We also diverge into the concept of mining Asteroids for their mineral content as the…
Read More >