The future is this way - Irish Business and employers confederation
The future is this way - Irish Business and employers confederation
The future is this way - Irish Business and employers confederation
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>The</strong> <strong>future</strong> <strong>is</strong> th<strong>is</strong> <strong>way</strong><br />
A new strategic<br />
direction for IBEC<br />
2013-2015
“ we are in<br />
the business<br />
of business<br />
growth.”
Contents<br />
2 Foreword<br />
3 Introduction by Danny McCoy, Director General, IBEC<br />
4 V<strong>is</strong>ion, m<strong>is</strong>sion <strong>and</strong> high level strategy<br />
6 Strategy theme 1: National <strong>and</strong> EU policy agenda<br />
8 Strategy theme 2: Membership strategy<br />
9 Strategy theme 3: IBEC positioning<br />
11 Strategy theme 4: Sector alignment<br />
12 Strategy theme 5: Organ<strong>is</strong>ational transformation<br />
13 Implementation <strong>and</strong> delivery<br />
A new strategic direction for IBEC 2013-2015 1
Foreword<br />
Dear Member,<br />
IBEC <strong>is</strong> ambitious for Irel<strong>and</strong>’s economy, we believe in the strength of the Ir<strong>is</strong>h<br />
business model <strong>and</strong> its ability to secure a stronger, positive <strong>future</strong> for our country.<br />
With th<strong>is</strong> in mind in April 2012, we launched our campaign, Driving Irel<strong>and</strong>’s<br />
Recovery. At the heart of th<strong>is</strong> campaign we set out the business community’s<br />
ambition that Irel<strong>and</strong> has the potential to grow by 3-4% per annum over the<br />
coming decade. Th<strong>is</strong> ambition establ<strong>is</strong>hes the strategic context for IBEC for the<br />
coming year <strong>and</strong> beyond.<br />
Th<strong>is</strong> strategic plan sets out a new approach for IBEC. We recogn<strong>is</strong>e that IBEC’s<br />
success will be contingent on its ability to adapt <strong>and</strong> shape itself to address the<br />
needs of our members <strong>and</strong> act as the strongest <strong>and</strong> most effective voice for<br />
business in Irel<strong>and</strong> <strong>and</strong> beyond. Over the last number of months, we have worked<br />
to develop a strategic plan that ensures our organ<strong>is</strong>ation serves the needs of our<br />
wide <strong>and</strong> varied membership. Working with the IBEC Board <strong>and</strong> management we<br />
have developed th<strong>is</strong> plan that places an emphas<strong>is</strong> on developing an organ<strong>is</strong>ation<br />
that matches the ambition <strong>and</strong> needs of our members.<br />
Our strategic objectives recogn<strong>is</strong>e the challenge ahead for IBEC in meeting th<strong>is</strong><br />
goal. We will work to ensure that IBEC <strong>is</strong> a strong <strong>and</strong> effective voice on national<br />
<strong>and</strong> European <strong>is</strong>sues. At the same time we will strengthen our organ<strong>is</strong>ational<br />
capability <strong>and</strong> ensure that we deliver member service in a sustainable manner<br />
into the <strong>future</strong>. All of th<strong>is</strong> will be underpinned by enhancing the skills of our<br />
enthusiastic <strong>and</strong> talented workforce led by a professional <strong>and</strong> committed<br />
management team.<br />
We want to express our gratitude to our colleagues on the Board for their support<br />
in developing th<strong>is</strong> strategic plan. We want to thank you, the members of IBEC, for<br />
your continued support during the next phase of development for th<strong>is</strong> organ<strong>is</strong>ation.<br />
With your support we passionately believe that we are well placed to deliver th<strong>is</strong><br />
ambition <strong>and</strong> ultimately a strong <strong>and</strong> professional service to you, our members.<br />
Julie O’Neill Paul Rell<strong>is</strong> John Kennedy<br />
2<br />
A new strategic direction for IBEC 2013-2015
Introduction from Danny McCoy,<br />
Director General, IBEC<br />
Against the on-going economic <strong>and</strong> political<br />
turbulence at home <strong>and</strong> in the eurozone, IBEC<br />
has performed well. Over the last four years<br />
the organ<strong>is</strong>ation has weathered a number of<br />
challenges <strong>and</strong> continues to be seen <strong>and</strong> accepted<br />
as the strongest voice for business in Irel<strong>and</strong>.<br />
We have demonstrated th<strong>is</strong> in how we moved a<strong>way</strong> from Social Partnership in an<br />
orderly <strong>and</strong> constructive <strong>way</strong>; reforged relationships with the new Government <strong>and</strong><br />
establ<strong>is</strong>hed ourselves as the ‘go to’ business organ<strong>is</strong>ation in Irel<strong>and</strong> for the Troika.<br />
With the global spotlight firmly shining on Irel<strong>and</strong> during th<strong>is</strong> period, we used the<br />
opportunity to proactively engage with international media <strong>and</strong> other influential<br />
stakeholders to ensure that despite all the no<strong>is</strong>e, the message that Irel<strong>and</strong>’s<br />
business model was not broken was heard loud <strong>and</strong> clear.<br />
Unlike many similar organ<strong>is</strong>ations in Irel<strong>and</strong> or indeed across Europe, our strength<br />
comes, not just from representing business on broad macro <strong>is</strong>sues, but by working<br />
on a daily bas<strong>is</strong> directly with companies addressing their individual <strong>and</strong> unique<br />
<strong>is</strong>sues. We are well placed to leverage th<strong>is</strong> knowledge <strong>and</strong> insight to deliver a<br />
stronger <strong>and</strong> more credible voice for business on behalf of our members. Our<br />
ongoing success however depends on our ability to adapt. We have l<strong>is</strong>tened to<br />
our members <strong>and</strong> other key stakeholders <strong>and</strong> ultimately we need to look, act <strong>and</strong><br />
deliver more like you, the businesses we represent.<br />
With th<strong>is</strong> in mind we embarked upon the development of our strategy for 2013-<br />
2015. Th<strong>is</strong> new strategic direction represents a major change to the <strong>way</strong> in which<br />
IBEC has evolved <strong>and</strong> operated since it was founded 20 years ago. At its core<br />
IBEC’s role will not change, however in a challenging economic environment where<br />
businesses are facing tighter budgets, we have to ensure that we are providing<br />
value to members at competitive costs. <strong>The</strong> organ<strong>is</strong>ation therefore needs to focus<br />
on what you our members want <strong>and</strong> value <strong>and</strong> we need to implement th<strong>is</strong> in a<br />
<strong>way</strong> that <strong>is</strong> sustainable <strong>and</strong> financially viable for IBEC. Th<strong>is</strong> statement of strategy<br />
document outlines what we intend to do, how we plan to do it <strong>and</strong> the benefits<br />
it will bring to our members.<br />
As with any transformational change process, there will be challenges for us.<br />
As Director General I am totally focussed <strong>and</strong> committed to delivering th<strong>is</strong><br />
change <strong>and</strong> I know that with your support, the ongoing support of the IBEC<br />
Board <strong>and</strong> my executive colleagues we will succeed.<br />
Danny McCoy<br />
A new strategic direction for IBEC 2013-2015 3
V<strong>is</strong>ion <strong>and</strong> m<strong>is</strong>sion<br />
A New VISION<br />
IBEC – <strong>The</strong> most influential, dynamic business<br />
representative organ<strong>is</strong>ation in Irel<strong>and</strong>,<br />
driving our business agenda in Europe<br />
A New MISSION<br />
IBEC - Leading, shaping <strong>and</strong> promoting business<br />
policy <strong>and</strong> conditions to drive economic success<br />
IBEC values<br />
Teamwork<br />
Trust<br />
DEDICATION<br />
TO OUR<br />
MEMBERS<br />
Integrity<br />
in our<br />
actions<br />
Respect<br />
for<br />
people<br />
4<br />
A new strategic direction for IBEC 2013-2015
High level strategy<br />
National <strong>and</strong><br />
EU policy agenda<br />
MISSION<br />
STRATEGIC THEMES<br />
Membership<br />
strategy<br />
VISION<br />
IBEC – <strong>The</strong> most influential,<br />
dynamic business representative<br />
organ<strong>is</strong>ation in Irel<strong>and</strong>, driving<br />
our business agenda in Europe<br />
IBEC - Leading, shaping <strong>and</strong> promoting<br />
business policy <strong>and</strong> conditions to drive economic success<br />
1 2 3 4 5<br />
IBEC<br />
profile<br />
Sector<br />
alignment<br />
Organ<strong>is</strong>ational<br />
transformation<br />
Teamwork<br />
Integrity in<br />
our actions<br />
IBEC VALUES<br />
Dedication to<br />
our members<br />
Respect<br />
for people<br />
Trust<br />
A new strategic direction for IBEC 2013-2015 5
Strategic theme<br />
01<br />
National <strong>and</strong> EU policy agenda<br />
Strategic objective<br />
Develop <strong>and</strong> promote a national <strong>and</strong> EU<br />
policy agenda to support the development<br />
of a sustainable <strong>and</strong> successful economy<br />
to drive Irel<strong>and</strong>’s recovery<br />
Actions<br />
n Identify <strong>and</strong> assess ex<strong>is</strong>ting policy development<br />
in IBEC<br />
n Develop a proposal on potential policy areas that<br />
IBEC can have an impact on at sectoral, national<br />
<strong>and</strong> international level for the Board <strong>and</strong> Council<br />
n Implement <strong>and</strong> review policy agenda on an<br />
ongoing bas<strong>is</strong><br />
n Leverage connections through Irel<strong>and</strong>’s European<br />
Presidency<br />
n Develop a strategic plan for IBEC Europe<br />
n Develop an organ<strong>is</strong>ation with the requ<strong>is</strong>ite skills to<br />
deliver on th<strong>is</strong> role<br />
n Assess role, function <strong>and</strong> effectiveness of IBEC’s<br />
current position in Europe<br />
n Determine how IBEC can develop a more influential<br />
role on the international stage through strategic<br />
alliances<br />
6<br />
A new strategic direction for IBEC 2013-2015
influence<br />
IN Europe<br />
A new strategic direction for IBEC 2013-2015 7
Strategic theme<br />
02<br />
Membership strategy<br />
Strategic objective<br />
Develop the membership strategy that<br />
leverages IBEC’s strengths, e.g. connections,<br />
access, insight, influence, power <strong>and</strong> scale<br />
Actions<br />
n Define IBEC’s unique selling proposition<br />
n Define the target membership base<br />
n Review relevance of current sectors<br />
n Review all member services <strong>and</strong> decide what <strong>is</strong><br />
core <strong>and</strong> non-core<br />
n Develop the membership propositions by sector<br />
<strong>and</strong> membership category<br />
n Develop criteria for the entrance/exit of sectors<br />
to IBEC<br />
n Develop account management framework<br />
n Implement a membership development strategy<br />
8<br />
A new strategic direction for IBEC 2013-2015
Strategic theme<br />
03<br />
IBEC profile<br />
Strategic objective<br />
Position IBEC as Irel<strong>and</strong>’s foremost<br />
business organ<strong>is</strong>ation<br />
Actions<br />
n Defining what ‘foremost’ entails as d<strong>is</strong>tinct from<br />
what we are today<br />
n Identify the current activities that are used to<br />
position IBEC at present<br />
n Assess the key stakeholders expectations<br />
n Conduct membership survey on members views of<br />
current activities <strong>and</strong> how IBEC should position itself<br />
n Conduct competitor analys<strong>is</strong> on positioning, profiling,<br />
membership services, pricing etc<br />
n Develop a programme/activities to position IBEC as<br />
the foremost business organ<strong>is</strong>ation e.g. Think-tank,<br />
thought pieces, white papers etc<br />
n Develop a br<strong>and</strong> strategy for IBEC <strong>and</strong> sectors.<br />
A new strategic direction for IBEC 2013-2015 9
IBEC – the<br />
power of<br />
one voice<br />
at work.<br />
10<br />
A new strategic direction for IBEC 2013-2015
Strategic theme<br />
04<br />
Sector alignment<br />
Strategic objective<br />
Align <strong>and</strong> integrate the sectors, their<br />
objectives <strong>and</strong> policy agendas to inform<br />
IBEC’s <strong>future</strong> direction<br />
Actions<br />
n Conduct analys<strong>is</strong> of the current sectors, their<br />
objectives, policy agendas <strong>and</strong> how they currently<br />
inform IBEC’s direction<br />
n Develop a new integrated management <strong>and</strong> operating<br />
framework around how sectors are managed<br />
n Develop a knowledge-bank for policy etc<br />
n Identify new potential sectors that are not currently<br />
represented<br />
n Assess strategic fit of affiliates <strong>and</strong> determine<br />
appropriate relationships<br />
A new strategic direction for IBEC 2013-2015 11
Strategic theme<br />
05<br />
Organ<strong>is</strong>ational transformation<br />
Strategic objective<br />
Develop a commercially sustainable business<br />
model <strong>and</strong> transform the organ<strong>is</strong>ation’s<br />
capability to deliver the strategic objectives<br />
Actions<br />
n Develop the revenue <strong>and</strong> cost targets based on the<br />
membership strategy<br />
n Develop a new pricing model based on new<br />
membership propositions <strong>and</strong> service benefits<br />
n Review regional service prov<strong>is</strong>ion <strong>and</strong> infrastructure<br />
n Develop r<strong>is</strong>k management plan<br />
n Complete ongoing cost reduction programme<br />
n Deliver the full implementation of the ‘Investment<br />
in people project’<br />
Note: Th<strong>is</strong> includes: Culture <strong>and</strong> values, organ<strong>is</strong>ation design,<br />
leadership, talent management, skills <strong>and</strong> competencies,<br />
change capability, internal communications, HR policy<br />
n Develop/redesign processes to support the<br />
organ<strong>is</strong>ation design<br />
n Develop an internal communication plan to support<br />
the transformation of IBEC<br />
12<br />
A new strategic direction for IBEC 2013-2015
Implementation <strong>and</strong> delivery<br />
Financial<br />
Sustainable<br />
business model<br />
Service alignment<br />
Cost control<br />
Pricing model<br />
Implementation plan<br />
Implementation of the strategic objectives <strong>and</strong> actions will be monitored <strong>and</strong><br />
reviewed on an ongoing bas<strong>is</strong> with reference to the IBEC balanced scorecard (outlined<br />
in the model below) which drives the IBEC performance management cycle.<br />
IBEC balanced scorecard<br />
Process<br />
Position IBEC<br />
Policy agenda<br />
Stakeholder management<br />
Sectors<br />
Europe<br />
Technology<br />
BPR<br />
Members<br />
(Customer)<br />
Membership strategy<br />
Customer-centric<br />
operating model<br />
Account management<br />
processes<br />
Redefined customer<br />
value proposition<br />
People<br />
Transform<br />
organ<strong>is</strong>ation’s capability<br />
Leadership<br />
Performance culture<br />
Change management<br />
Deliverables<br />
In summary, th<strong>is</strong> strategy will deliver a higher-performing organ<strong>is</strong>ation<br />
with the following key deliverables:<br />
1. A redefined v<strong>is</strong>ion<br />
2. A commercial focus<br />
3. An emphas<strong>is</strong> on ‘business’<br />
4. <strong>The</strong> use of technology being optim<strong>is</strong>ed<br />
5. A new member-centric operating structure which <strong>is</strong> flexible, agile <strong>and</strong> lean<br />
6. Strategically focused leadership <strong>and</strong> well developed talent pool<br />
7. Continued development of our key stakeholder relationships<br />
8. A redefined customer value proposition with a new pricing model<br />
9. Realignment/re-engineering of operating processes<br />
10. Redefined performance culture with clear accountability<br />
11. Sustainability <strong>and</strong> balance<br />
12. An engaged workforce<br />
A new strategic direction for IBEC 2013-2015 13
delivering<br />
14<br />
A new strategic direction for IBEC 2013-2015
Implementation <strong>and</strong> delivery (continued)<br />
Initial key milestones<br />
2012 2013<br />
Q4 Q1 Q2 Q3 Q4<br />
Strategic theme 1: National <strong>and</strong> EU policy agenda<br />
Proposal on policy areas<br />
Analys<strong>is</strong> of current European position<br />
European strategic plan<br />
Strategic theme 2: Membership strategy<br />
CRM<br />
Account management framework<br />
Membership propositions<br />
Membership development strategy<br />
Strategic theme 3: IBEC profile<br />
Br<strong>and</strong> strategy<br />
Positioning programme<br />
Strategic theme 4: Sector alignment<br />
Sectoral analys<strong>is</strong><br />
Management <strong>and</strong> operating framework<br />
u<br />
u<br />
u<br />
u<br />
u<br />
u<br />
u<br />
u<br />
u<br />
u<br />
u<br />
Strategic theme 5: Organ<strong>is</strong>ational transformation<br />
Revenue/cost targets<br />
New pricing model<br />
New organ<strong>is</strong>ation structure<br />
Internal communications plan<br />
Ongoing workstreams<br />
Communications<br />
Cost reduction<br />
‘Investment in people’ project<br />
u<br />
u<br />
u<br />
u<br />
Key success factors<br />
<strong>The</strong> availability of following factors will be critical to achieving a successful<br />
Strategy Implementation:<br />
1. Board support<br />
2. Leadership quality<br />
3. People quality<br />
4. Successful rebr<strong>and</strong>ing<br />
5. Changing the corporate culture<br />
6. Keeping momentum <strong>and</strong> pace<br />
7. Change management<br />
A new strategic direction for IBEC 2013-2015 15
Driving Irel<strong>and</strong>’s Recovery <strong>is</strong> all about:<br />
n Restoring domestic dem<strong>and</strong><br />
n Keeping Irel<strong>and</strong> strong in Europe<br />
n Supporting job creation<br />
n Delivering world-class public services<br />
Find out more at www.ibec.ie/recovery<br />
16<br />
A new strategic direction for IBEC 2013-2015
ir<strong>is</strong>h business <strong>and</strong> <strong>employers</strong> <strong>confederation</strong><br />
Confederation House 84/86 Lower Baggot Street Dublin 2<br />
phone + 353 (0)1 605 1500 fax + 353 (0)1 638 1500<br />
email info@ibec.ie www.ibec.ie<br />
Join the conversation<br />
IBEC Driving Irel<strong>and</strong>’s Recovery @ibec_irl ibecinformation<br />
www.ibec.ie/recovery<br />
CORK<br />
Knockrea House<br />
Douglas Road<br />
Cork<br />
phone + 353 (0)21 429 5511<br />
email info@ibec.ie<br />
south east<br />
Confederation House<br />
Waterford <strong>Business</strong> Park<br />
Cork Road Waterford<br />
phone + 353 (0)51 331 260<br />
email southeast@ibec.ie<br />
mid-west<br />
Gardner House<br />
Bank Place<br />
Charlotte Quay Limerick<br />
phone + 353 (0)61 410 411<br />
email midwest@ibec.ie<br />
west<br />
Ross House<br />
Victoria Place<br />
Gal<strong>way</strong><br />
phone + 353 (0)91 561 109<br />
email gal<strong>way</strong>@ibec.ie<br />
north west<br />
3rd Floor Pier One<br />
Quay Street<br />
Donegal Town<br />
phone + 353 (0)74 972 4280<br />
email northwest@ibec.ie<br />
ibec europe<br />
Avenue de Cortenbergh, 89<br />
Boite 2 1000 Bruxelles,<br />
Belgium<br />
phone + 32 (0)2 512 3333<br />
email ibec.europe@ibec.ie<br />
www.ibec.ie/europe