18.01.2014 Views

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

SHOW MORE
SHOW LESS

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!