Went to a great presentation by Rene Carayol yesterday in Manchester organised by Barclays Bank - His 12 top tips for ‘preparing for recovery’ were all good ‘common sense’ stuff, but as ever, he put a nice ‘slant’ on it all. He explained that it’s about collaboration, engaging with customers and your people.
My favourite was learn from the ‘Somali Pirates’ – he wasn’t of course condoning these groups who ‘kidnap’ ocean liners. His argument is that they are quick, flexible, agile and totally ‘empowered’ and can completely outfox the slow moving, hierachical, centralised decision making ships who rely on ‘instruction’s’ from head office, which often take days to come through.
He explained that each sortie costs £30,000 and that four out five missions come back empty handed. However, when they do happen to catch a ship, the prize is between £2 million and £5 million!
Are you a slow moving liner or a fast, flexible Somali Pirate?