S5E2: Participative Strategy Development - with Niels Rasmussen from +RASMUSSEN

In today’s podcast, we talk with Niels Rasmussen about
outcome-based thinking and participative strategy development - a
method of involving a large part of the organization coming
together and creating and implementing the strategy - that’s
gaining more and more ground.


This method comes to address rising problems that result in over
70% of all strategies not coming to fruition, problems
fuelled by demographic changes, the pace of changes and the need
for enterprise transformation.


We also talk about why it is so challenging to move toward
participative strategy development and what it takes to make it
happen. One is culture and the second one is our lack of belief
in a true ownership culture. 


We touch on how the OKR framework is a key factor to getting
participative strategy development off the ground. 


Lastly, we discuss briefly about the 12 steps required to execute
a shift towards participative strategy development, which will
appear in an article co-authored by Niels in spring 2023.





Niels Rasmussen is founder and Managing Partner at +RASMUSSEN, a
consultancy and executive training academy focusing on helping
senior leaders and business owners grow their business and their
leadership capabilities in areas such as Vision, Strategy,
Structure, Role & Responsibility Development and
Implementation.


Niels has more than 25 years of top management and consulting
experience in Germany, Australia, Denmark and USA (Managing
Director Hewitt Associates in Germany & Europe CEO, Equity
Partner KPMG), as well as diplomatic experience - serving as
Commercial Affairs Officer with the Ministry of Foreign Affairs
of Denmark. 


Passionately Danish, he’s engaged to serve as Copenhagen Goodwill
Ambassador - following his 2014 appointment by HRH Prince Joachim
of Denmark.


Lastly, loving all things Danish - from a distinctive culture
centered on lack of hierarchies and easy communication at all
levels - as well as anything design-related (including
Organizational Design), he’s trying to bring this approach in the
consultancy he founded: + RASMUSSEN.


At +RASMUSSEN he leads a team of talented people who drive
meaningful transformation work at global Fortune 500’s (Allianz,
Daimler, Merck, Valeo, Continental) as well as public and
semi-public organisations such as GasNetz Hamburg, the city of
Freiburg and pronova.





Where to find Niels:


LinkedIn


+Rasmussen consultancy


Where to find Johannes:


LinkedIn


Resources mentioned on the show:


- McKinsey


- Roger Martin is a writer, strategy advisor and in 2017 was
named the #1 management thinker in the world. He is also former
Dean and Institute Director of the Martin Prosperity Institute at
the Rotman School of Management at the University of Toronto in
Canada.


- The Journal of Enterprise Transformation - out of print.


Books


- The 4 Hour Work Week


- Designing Your New Work Life


- Chip War





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