Fit for Disruption: How to transform your business and thrive in times of rapid change

Fit for Disruption: How to transform your business and thrive in times of rapid change

by Matthew Webber

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Overview

The world is changing at a rapid rate. It's throwing up an endless supply of opportunities - and risks. In other words, it is disruptive. How does a business survive, and indeed thrive, in the midst of this disruption?

By embracing the disruption and providing the direction and environment that helps make the most of the opportunities it creates. Leaders can transform their business and thrive in times of rapid change by applying the three attributes of the Fit for Disruption model:


  • Be Commercial: Fit for Disruption leaders have a focus on the structure and control of the organisation. They understand where they are going and why. They build a business model that is profitable.
  • Create Solutions: Fit for Disruption leaders don't stand still. They are inquisitive, they want to be better at what they do, and they love to solve problems. They are innovators. And they employ the people who can help them do and be all these things.
  • Effect Change: Fit for Disruption leaders build momentum and energy around a cause. They take an idea and make it happen. They are not pontificators; they focus on action and deeply connect to their people and customers.


When leaders build their business on these three attributes, they will not only navigate the storms of disruption, but begin to create their own opportunities and become the disruptors of the future.

Product Details

ISBN-13: 9781989737040
Publisher: MacMillan Company Limited
Publication date: 04/13/2020
Pages: 226
Product dimensions: 5.50(w) x 8.50(h) x 0.48(d)

About the Author

Matthew Webber brings over twenty years international experience leading large-scale operations, finance and commercial functions, and transformation programs. He has worked across the globe with large organisations undergoing immense change, developing and applying the principles of the Fit for Disruption model.

Matthew holds a Bachelor of Business (Accounting) from Monash University and has completed the Stanford LEAD program in Corporate Innovation. He is also the founder of Menark Group - a specialist strategy, program delivery and training firm that is focused on driving business performance by developing commercial, operational and innovation capability. Menark transforms knowledge into impact and builds enduring capability.

Table of Contents

INTRODUCTION

A changing world

Get ready to do business differently

Introducing the Fit for Disruption model

How to use the model

PART 1: BE COMMERCIAL

CHAPTER 1: DEVELOP A STRATEGY

Why are you in business?

What business are you in?

How will you achieve your goal?

Your grand strategic plan

First things first

CHAPTER 2: BUILD GOOD GOVERNANCE

Service your brakes

Balance risk with opportunity

State your (business) case

Manage your money

CHAPTER 3: DESIGN AN EFFECTIVE BUSINESS INTELLIGENCE CAPABILITY

Stay on track

Be digital

Embrace emerging technologies

Beware of analysis paralysis

What does good business intelligence look like?

CHAPTER 4: MAKE EVERY DOLLAR COUNT

Eliminate waste

Check the invoices

Cut the right costs

Consider end-to-end costs

Don't be penny wise and pound foolish

Negotiate everything

Respect your suppliers' and service providers' profits

Restructure

The Prizes of being COMMERCIAL

PART 2: CREATE NEW SOLUTIONS

CHAPTER 5: FOSTER A CREATIVE ENVIRONMENT

What is creativity?

The power of random connections

The problem of imagination

Create a play pen

CHAPTER 6: DEVELOP A CREATIVE MINDSET

Open your mind

Be bold

Think abundant and resourceful

Trust your instincts

CHAPTER 7: PICK A PROBLEM

Problems are a good thing

Connect with your customers

Give the customers what they need

Learn to focus

Don't reinvent the wheel

Create value for all

CHAPTER 8: LEARN BY DOING

Fail fast, fail often and win

Be methodical

Innovation hubs

Centres of learning

The Prizes of being able to CREATE

PART 3: EFFECT CHANGE

CHAPTER 9: BE A LEADER

Have a vision

Respect your people

Remove the shackles

Offer incentives

CHAPTER 10: BUILD CONFIDENCE

Create trust

Build momentum

Sustain the change

CHAPTER 11: EMPOWER YOUR PEOPLE

Show your support

Train your people

Get out of the way

Remove the hierarchies

CHAPTER 12: COMMUNICATE, COMMUNICATE, COMMUNICATE

Communicate clearly and consistently

Talk to your stakeholders

Persuade the doubters

Show, don't tell

CHAPTER 13: BUILD THE RIGHT CHANGE TEAM

Your change team

Encourage your 'intrepreneurs'

Embrace your misfits

Tailor your team

Employ people who care

Stop arguing about it and start driving the bus

The prizes of embracing and delivering CHANGE

LET' S WRAP A BOW AROUND IT AND GET ON WITH IT

Get started

Keep it simple

Get help

Eat the elephant

Think of the future

Celebrate

Remember that leadership is a privilege

About the Author

About Menark Group

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