Presentation on theme: "ETeRpRiSe tHiNkInG Final Presentation GA. Utilizing Enterprise Thinking What is the most difficult piece of the assignment? Many challenges BUT… Career."— Presentation transcript:
Utilizing Enterprise Thinking What is the most difficult piece of the assignment? Many challenges BUT… Career dissatisfaction lead to career transition Mixed subjects –Current job – Sr. Mgr, Strategy, PacificData, financial data/software firm based in Tokyo –New job – Sr. Analyst, Schlumberger Collection, Tiffany & Co.
Redefining “I’m in a transitional phase. I need to fully learn the mechanics of the luxury retail business but ultimately, I want to be in a more creative, project oriented environment and I feel product design and development is where retail strategy originates. This means I need to transition from buying/planning to product design and development.” Tiffany & Co. Challenge
Statement of Challenge I would like to transition from assortment and forecasting to product design and development. Criteria 1. Is the SOC in present/future tense?YES 2. Is the SOC a challenge or a solution?CHAL. 3. Is the SOC a truth/fact or assumption?FACT 4. Is the SOC in line with guiding principles? YES 5. Is the SOC a problem that could be caused by another problem? NO
Statement of Challenge In a reasonable timeframe, I would like to transition from assortment and forecasting to product design and development. Criteria 1. Is the Reframed SOC specific or generalized?Gen. 2. Is the Reframed SOC a positive oppositeNot Yet 3. Is the Reframed SOC in the ultimate form?Not Yet In 18 months time, I should transition from a senior analyst position in assortment and forecasting to a project manager position in product design and development.
Statement of Challenge What would it take to transition, in 18 months time, from a senior analyst position in assortment and forecasting to a project manager position in product design and development? WHAT WOULD IT TAKE?
Scanning Define job performance goals and benchmarks Develop a strategic career ladder Master retail formulas/analysis Learn and master internal computer systems Gain internal/external contacts and advocates Ask questions about design and development group Forge mentor alliance within the organization Develop expertise in Tiffany & Co. archived designs Take courses at GIA (Gemological Institute of America) to develop technical knowledge Consistently utilize time management and project management tools
Test Solutions Small –Practice project management tool/strategy –Take GIA introductory courses –Solicit mentor Large –Take GIA certificate courses –Be selected for internal GA courses IMPLEMENT!
Post Review Personal development? Knowledge gained? Advocates? Division profitability/results? Promotion?
ALLIANCES Goal: Seek to forge a Joint Venture (mentorship) alliance with the Vice President of Design and Product Development. 7 Strategic Tools 1. Objectives 2. Strategic 3. Budgeting 4. Controls 5. Financial 6. Human Resources 7. Risk Assessment
Choosing Projects Projects Time (Hrs.) Impact$ ROIInvstmt.Priority Direct Mail Drop4085$500K$1K1 Develop Aggregation Tool 50090$1M$150K4 Hedge Fund Sponsorship 4050$300K$10K2 Monthly Training Sessions 6070$50K$1K3 Monthly Strategy Presentations 60 $100K$05
Critical Path Method ActivityDesignation Immed. Pred. Time (Wks) Compile targetsANone3 Draft LetterBA2 Source contact information CB1 Develop graphic presentation/format DA2 Source printing suppliesED0.5 PrintFE0.5 Compile and sendGF, C0.5 Direct Mail Project
The Critical Path ABCDEFG (3) (2) (0.5) (1) (0.5) Total Time Required = 6.5 Weeks Direct Mail Drop Project (3)