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Strategy Guru Event




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London Business School Professor




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                                                                                 at k
Costas Markides




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                                                                                       le
     One of the world’s top 50 business thinkers
                                     Thinkers 50
 Winning with Strategy     Monday, 2nd April 2012        Abu Dhabi University
 Strategic Innovation      Tuesday, 3 April 2012
                                      rd                   Abu Dhabi, UAE



                                                    Who Should Attend?
                                                    This high profile event has been
                                                    especially designed for :
                                                    • Chairmen / Vice Chairmen
                                                    • CEOs / CFOs / COOs / CMOs
                                                    • General Managers
                                                    • Presidents / Vice Presidents
                                                    • Managing Directors
                                                    • Board Level Members
                                                    • Strategy Consultants
                                                    • Country Managers
                                                    • Divisional Directors


                                   Organized By
London Business School Professor
                                                                        Winning with Strategy
                    Costas Markides                                     Behind every successful strategy there are few simple but
                                                                        fundamental principles, but even when we know these
                                                                        basic principles, we still do not implement them. Why? It
                                                                        is now well established in psychology that just because
                                                                        an individual knows something (and agrees with it) doesn’t
                                                                        mean that he/she will do it. This “knowing-doing” gap is
                                                                        one of the biggest “diseases” in organizations. Take, for
Costas Markides is Professor of Strategy and Entrepreneurship
                                                                        example, innovation. Most people can give you a laundry
and holds the Robert P. Bauman Chair of Strategic Leadership at the
                                                                        list of ideas on how to promote more innovation in their
London Business School (University of London). A native of Cyprus,
                                                                        organization allow experimentation, reward new ideas; do
he received his BA (Distinction) and MA in Economics from Boston
                                                                        not punish mistakes and so on. The problem is not that
University, and his MBA and DBA from the Harvard Business School.
                                                                        they don’t know. The problem is that they don’t do what
He serves on the Editorial Boards of several academic journals          they already know they should do!
including the Strategic Management Journal, the Academy of
Management Journal, the Sloan Management Review and the
European Management Journal. He is a member of the Academy              From Strategy Formulation to Strategy Execution:
of Management and the Strategic Management Society and was a            Why Clever People Make Silly
Fellow of the World Economic Forum in Davos, Switzerland during
1999-2003.                                                              Mistakes
                                                                        Most managers spend the majority of their time develop-
He has done research and published on the topics of strategic
                                                                        ing a strategy for their organization. Unfortunately, even
innovation, business-model innovation, diversification and interna-
                                                                        the best of strategies will fail unless they are implemented
tional acquisitions. His book: All the Right Moves: A Guide to
                                                                        properly. It is exactly at the implementation stage that bad
Crafting Breakthrough Strategy was published by Harvard Busi-
                                                                        things start happening! People don’t execute what you
ness School Press in 2000 and was shortlisted for the Igor Ansoff
                                                                        already agreed upon; others start doing things that will get
Strategic Management Award in 2000 as the best strategy book of
                                                                        you into trouble, yet others pretend to support what you
the past two years. His next book (with Paul Geroski), entitled Fast
                                                                        want to achieve but actually undermine you behind the
Second: How Smart Companies Bypass Radical Innovation
                                                                        scenes. Why do such things happen and how can you
to Enter and Dominate New Markets was published in January
                                                                        prevent them or overcome them?
2005 and was on the Short List of the Financial Times-Goldman
Sachs Management Book of the Year in 2005. His latest book
was entitled: Game-Changing Strategies: How to Create new               Strategic Innovation:
Market Space in Established Industries by Breaking the Rules            How to Win by Breaking the Rules
and was published by Jossey-Bass in June 2008. He is currently
                                                                        In recent years, there have been many calls for companies
working on his new book (with Anita McGahan), provisionally entitled:
                                                                        to break the rules and become industry revolutionaries.
Great oaks from little acorns grow: How ordinary people bring
                                                                        But what exactly is breaking the rules? And how can a
about social change.
                                                                        organization do it successfully?
His current research interests include the management of diversified
firms and the use of innovation and creativity to achieve strategic
breakthroughs.
2 separately bookable event

                                     Winning with Strategy                                       Monday, 2nd April 2012
08:00 08:30	    Registration
08:30 10:00	    What is strategy and why do most people mess it up?
		              What is strategy: The importance of thinking creatively about our strategic position; the importance
		              of making difficult choices (case study: Nespresso). Why do clever people make stupid mistakes
		              when it comes to strategy?
10:00 10:15	    Networking break
10:15 12:15	    Two basic Principles:
		              (i) What creates behaviors in organizations and why is this important for strategy? The importance
		                   of supporting strategy with the proper organizational environment.
		              (ii) Sacred cows and how they constrain strategy. What to do about them.
12:15 13:00	    The importance of creativity in strategy. How do assumptions constrain our creativity and what to
		              do about them? How to create a unique (and differentiated) strategic position in your industry.
13:00 14:00     Networking lunch break
14:00 15:15	    The process of Developing Strategy: How to maximize the ideas generated by overcoming
		              mental models and using variety in our analysis. How to make difficult choices. How to implement
		              our choices while remaining flexible.
15:15 15:30     Networking break
15:30 16:45	    Implementing Strategy: Winning emotional commitment for strategy (case study: Apple Computers)
16:45 17:15	    Summary: The fundamental principles of strategy

                                         Strategic Innovation                                    Tuesday, 3rd April 2012

08:30 10:00	 Innovating and Implementing Strategic Change
		           Strategic Innovation: searching for new Who-What-How. The importance of innovation in strategy.
		           How to achieve strategic innovation.
10:00   10:15	 Networking break
10:15 11.30	 Clever Experimentation: The difference between clever and stupid experiments. The strategic	
		           mistakes that all entrepreneurs make
11:30 12:30	 The problems of changing strategy: How to introduce major change. How do you know if your
		           strategy is working or not. The difference between strategic health and financial health.
12:30   13:30   Networking lunch break
13:30 15:15	 How to Introduce Radical Change: Who are the effective change agents in your organization ? The
		           characteristics of effective change agents.
15:15   15:30   Networking break
15:30 17:00	 You as a change agent: Overcoming the knowing-doing gap. How to create a basis for action in
		           your employees.
17:00   17:30	 Summary: The fundamental principles of strategy
Costas Markides
                    2 - 3 April 2012
          Abu Dhabi University, Abu Dhabi, UAE


                            Event                                                                Dates                                      Early Bird Discount                                             Price
                                                                                                                                          (book before 23 February 2012)                                                                        3 EASY WAYS TO REGISTER
  Both days with                                                                                                                                        US $2,500                                     US $3,000
                                                                                      2 - 3 April 2012                                                                                                                                                    Toll Free: 800 2212
       Costas Markides                                                                                                                               (Save US $500)                                 (Save US $300)

  Day 1                                                                                                                                                 US $1,350
                                                                                          2 April 2012                                                                                                US $1,650                                           Email: bookings@adu.ac.ae
    Winning with Strategy                                                                                                                            (Save US $300)

  Day 2
                                                                                          3 April 2012                                                  US $1,350                                     US $1,650                                           Fax: +971 2 586 0256
     Strategic Innovation                                                                                                                            (Save US $300)



 DELEGATE DETAILS                                                                                                                                                                                                                                                                            SUM/GD/002
   Name: ....................................................................................................................................................................................................    Job Title:       ........................................................................................
   Email: ..................................................................................................... Mobile: ......................................................... Tel: ......................................................... Fax: .........................................................

 COMPANY DETAILS
  Company: ............................................................................................................................................................................... Tel: ......................................................... Fax: ....................................................
  Country: ........................................................... Postcode: ......................... Address: ....................................................................................................................................................................................
  No. Of Employee:                        0-49                     50-199                        200-499                        500-999                         1000+                          YES, I would like to recieve information about future events via
                                                                                                                                                                                               Email:	         		                     Mobile:
  Nature of your company business: ...............................................................................................................

 To assist us with future correspondence, please apply the following details
   Name of the Department Head ............................................................................................................................... Department: ......................................................................................................
   Email: ..................................................................................................... Mobile: .......................................................
   Training Manager ..........................................................................................................................................................
   Email: ..................................................................................................... Mobile: .........................................................

                                                                                                                                                                                                                Terms and Conditions
CREDIT CARD PAYMENT                                                                                                                         Payments:
                                                                                                                                            A confirmation letter and invoice will be sent upon receipt of your registration via email. Please note that the full payment must
                                                                                                                                            be received prior to the event. Only those delegates whose fees have been paid in full will be admitted to the event. Payment
      Please debit my card:                                      Visa                             Mastercard                                must be received within 30 days of the invoice being issued.
Card Number: ......................................................................                                                         Cancellation:
                                                                                                                                            If you are unable to attend, a substitute delegate will be welcome in your place. Registrations cancelled within 7 days of the
Name on Card: ....................................................................                                                          event are subject to a fee of 50% administration charge. Registrations cancelled less than 7 days before the commencement
                                                                                                                                            of the event must be paid in full. Abu Dhabi University Knowledge Group will not be liable for refunds should visas not be
CCV No.: ..................... Exp. Date.: ..................................                                                               obtained. Any refund will exclude any flight or hotel cancellation charges. By submitting your registration you agree to be
                                                                                                                                            bound by the terms and conditions in full.
Signature: ............................................................................
                                                                                                                                            Program Changes:
Date: ....................................................................................                                                  Abu Dhabi University Knowledge Group reserves the right to make changes to the program, venue and timings at any time
                                                                                                                                            without prior notice.
                                                                                                                                            Visas:
                                                                                                                                            ADUKG is not responsible for arranging your visa. If you require a visa, you should contact the hotel you wish to stay at as soon
                                                                                                                                            as possible.
RW/MA

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Strategy Guru Workshop - Costas Markides

  • 1. Strategy Guru Event se pa 2 y s rat G b London Business School Professor el vent re oo at k Costas Markides e ab le One of the world’s top 50 business thinkers Thinkers 50 Winning with Strategy Monday, 2nd April 2012 Abu Dhabi University Strategic Innovation Tuesday, 3 April 2012 rd Abu Dhabi, UAE Who Should Attend? This high profile event has been especially designed for : • Chairmen / Vice Chairmen • CEOs / CFOs / COOs / CMOs • General Managers • Presidents / Vice Presidents • Managing Directors • Board Level Members • Strategy Consultants • Country Managers • Divisional Directors Organized By
  • 2. London Business School Professor Winning with Strategy Costas Markides Behind every successful strategy there are few simple but fundamental principles, but even when we know these basic principles, we still do not implement them. Why? It is now well established in psychology that just because an individual knows something (and agrees with it) doesn’t mean that he/she will do it. This “knowing-doing” gap is one of the biggest “diseases” in organizations. Take, for Costas Markides is Professor of Strategy and Entrepreneurship example, innovation. Most people can give you a laundry and holds the Robert P. Bauman Chair of Strategic Leadership at the list of ideas on how to promote more innovation in their London Business School (University of London). A native of Cyprus, organization allow experimentation, reward new ideas; do he received his BA (Distinction) and MA in Economics from Boston not punish mistakes and so on. The problem is not that University, and his MBA and DBA from the Harvard Business School. they don’t know. The problem is that they don’t do what He serves on the Editorial Boards of several academic journals they already know they should do! including the Strategic Management Journal, the Academy of Management Journal, the Sloan Management Review and the European Management Journal. He is a member of the Academy From Strategy Formulation to Strategy Execution: of Management and the Strategic Management Society and was a Why Clever People Make Silly Fellow of the World Economic Forum in Davos, Switzerland during 1999-2003. Mistakes Most managers spend the majority of their time develop- He has done research and published on the topics of strategic ing a strategy for their organization. Unfortunately, even innovation, business-model innovation, diversification and interna- the best of strategies will fail unless they are implemented tional acquisitions. His book: All the Right Moves: A Guide to properly. It is exactly at the implementation stage that bad Crafting Breakthrough Strategy was published by Harvard Busi- things start happening! People don’t execute what you ness School Press in 2000 and was shortlisted for the Igor Ansoff already agreed upon; others start doing things that will get Strategic Management Award in 2000 as the best strategy book of you into trouble, yet others pretend to support what you the past two years. His next book (with Paul Geroski), entitled Fast want to achieve but actually undermine you behind the Second: How Smart Companies Bypass Radical Innovation scenes. Why do such things happen and how can you to Enter and Dominate New Markets was published in January prevent them or overcome them? 2005 and was on the Short List of the Financial Times-Goldman Sachs Management Book of the Year in 2005. His latest book was entitled: Game-Changing Strategies: How to Create new Strategic Innovation: Market Space in Established Industries by Breaking the Rules How to Win by Breaking the Rules and was published by Jossey-Bass in June 2008. He is currently In recent years, there have been many calls for companies working on his new book (with Anita McGahan), provisionally entitled: to break the rules and become industry revolutionaries. Great oaks from little acorns grow: How ordinary people bring But what exactly is breaking the rules? And how can a about social change. organization do it successfully? His current research interests include the management of diversified firms and the use of innovation and creativity to achieve strategic breakthroughs.
  • 3. 2 separately bookable event Winning with Strategy Monday, 2nd April 2012 08:00 08:30 Registration 08:30 10:00 What is strategy and why do most people mess it up? What is strategy: The importance of thinking creatively about our strategic position; the importance of making difficult choices (case study: Nespresso). Why do clever people make stupid mistakes when it comes to strategy? 10:00 10:15 Networking break 10:15 12:15 Two basic Principles: (i) What creates behaviors in organizations and why is this important for strategy? The importance of supporting strategy with the proper organizational environment. (ii) Sacred cows and how they constrain strategy. What to do about them. 12:15 13:00 The importance of creativity in strategy. How do assumptions constrain our creativity and what to do about them? How to create a unique (and differentiated) strategic position in your industry. 13:00 14:00 Networking lunch break 14:00 15:15 The process of Developing Strategy: How to maximize the ideas generated by overcoming mental models and using variety in our analysis. How to make difficult choices. How to implement our choices while remaining flexible. 15:15 15:30 Networking break 15:30 16:45 Implementing Strategy: Winning emotional commitment for strategy (case study: Apple Computers) 16:45 17:15 Summary: The fundamental principles of strategy Strategic Innovation Tuesday, 3rd April 2012 08:30 10:00 Innovating and Implementing Strategic Change Strategic Innovation: searching for new Who-What-How. The importance of innovation in strategy. How to achieve strategic innovation. 10:00 10:15 Networking break 10:15 11.30 Clever Experimentation: The difference between clever and stupid experiments. The strategic mistakes that all entrepreneurs make 11:30 12:30 The problems of changing strategy: How to introduce major change. How do you know if your strategy is working or not. The difference between strategic health and financial health. 12:30 13:30 Networking lunch break 13:30 15:15 How to Introduce Radical Change: Who are the effective change agents in your organization ? The characteristics of effective change agents. 15:15 15:30 Networking break 15:30 17:00 You as a change agent: Overcoming the knowing-doing gap. How to create a basis for action in your employees. 17:00 17:30 Summary: The fundamental principles of strategy
  • 4. Costas Markides 2 - 3 April 2012 Abu Dhabi University, Abu Dhabi, UAE Event Dates Early Bird Discount Price (book before 23 February 2012) 3 EASY WAYS TO REGISTER Both days with US $2,500 US $3,000 2 - 3 April 2012 Toll Free: 800 2212 Costas Markides (Save US $500) (Save US $300) Day 1 US $1,350 2 April 2012 US $1,650 Email: bookings@adu.ac.ae Winning with Strategy (Save US $300) Day 2 3 April 2012 US $1,350 US $1,650 Fax: +971 2 586 0256 Strategic Innovation (Save US $300) DELEGATE DETAILS SUM/GD/002 Name: .................................................................................................................................................................................................... Job Title: ........................................................................................ Email: ..................................................................................................... Mobile: ......................................................... Tel: ......................................................... Fax: ......................................................... COMPANY DETAILS Company: ............................................................................................................................................................................... Tel: ......................................................... Fax: .................................................... Country: ........................................................... Postcode: ......................... Address: .................................................................................................................................................................................... No. Of Employee: 0-49 50-199 200-499 500-999 1000+ YES, I would like to recieve information about future events via Email: Mobile: Nature of your company business: ............................................................................................................... To assist us with future correspondence, please apply the following details Name of the Department Head ............................................................................................................................... Department: ...................................................................................................... Email: ..................................................................................................... Mobile: ....................................................... Training Manager .......................................................................................................................................................... Email: ..................................................................................................... Mobile: ......................................................... Terms and Conditions CREDIT CARD PAYMENT Payments: A confirmation letter and invoice will be sent upon receipt of your registration via email. Please note that the full payment must be received prior to the event. Only those delegates whose fees have been paid in full will be admitted to the event. Payment Please debit my card: Visa Mastercard must be received within 30 days of the invoice being issued. Card Number: ...................................................................... Cancellation: If you are unable to attend, a substitute delegate will be welcome in your place. Registrations cancelled within 7 days of the Name on Card: .................................................................... event are subject to a fee of 50% administration charge. Registrations cancelled less than 7 days before the commencement of the event must be paid in full. Abu Dhabi University Knowledge Group will not be liable for refunds should visas not be CCV No.: ..................... Exp. Date.: .................................. obtained. Any refund will exclude any flight or hotel cancellation charges. By submitting your registration you agree to be bound by the terms and conditions in full. Signature: ............................................................................ Program Changes: Date: .................................................................................... Abu Dhabi University Knowledge Group reserves the right to make changes to the program, venue and timings at any time without prior notice. Visas: ADUKG is not responsible for arranging your visa. If you require a visa, you should contact the hotel you wish to stay at as soon as possible. RW/MA