Chief Strategy Officer (CSO)sandbox

An overview of Organisational Learning as an Eco System - a support commentary to the webinar posted separately. In this podcast specific elements of organisational learning are discussed. the main message however is:
1. We make a distinction between individual and organisational learning. When Peter Senge talking about systems thinking as the only form of sustainable competitive advantage for example:

• it wasn’t about how many MBA’s a corporation employs, rather
• it was about ways the collective decision makers in a corporation could collaborate to build a momentum to allow a corporation to survive.

2. Because of that, it is our view that the derived synergies from such a collaboration learning suggest that one can only thrive when closely engaged with the other to the extent that strategy could become a part of an organisational learning function, and

3. That collaboration could then provide the knowledge and momentum for corporations to continually transform and renew. That is a fundamental and essential component of an organisations capacity to thrive.

Please enjoy

This podcast is published as a supplement to the coursework on corporate strategy that provides insight into Third Wave Strategy - as a system. An overview to the coursework, the Corporate Strategy Master Class program and subscription details can be found here: https://www.csosandbox.com/buy-online-strategic-management-courses-here.

Content for our publications is provided by the the Strategic Management Institute (www.smiknowledge.com), the research arm of PH Strategy and Leadership (www.phsandl.com) management consultants. Another associated web site is PHSANDL's strategy simulation tool, the Chief Strategy Officer (CSOsandbox) www.csosandbox.com.
More video based podcasts (Video Bites) can be found on YouTube CSOsandbox: https://www.youtube.com/channel/UCwW1QK_4P31MtXyYGmJOyUg

This podcast is the second in a series of two parts. In the first podcast we challenged traditional perceptions of strategic thinking. Firstly by proposing that a re-emergence of localised manufacturing can be brought about, without having to onshore the high volume commoditised production that is made overseas. Second is the means to do so, by thinking about the supply chain, as a supply system.

In this second podcast we look at the issues associated with building momentum in the transformation to a new era of industrialisation. To do this we explore the application of a system based, Integrated Value System to the global automotive parts manufacturer Robert Bosch GmbH and the Australian based family company, MTM controls.

References referred to in podcast

1. Waters., C., Tomcar: Australia's last car maker , Sydney Morning Herald, June 6, 2017, https://www.smh.com.au/business/small-business/tomcar-australias-last-car-maker-20170605-gwkh25.html Accessed 22 Jun, 2022

2. Macdonald, A., Thompson, S., Sood, K, Incitec pivots to end explosives, fertilisers dream; UBS, Mac on board May 23, 2022, https://www.afr.com/street-talk/incitec-pivots-to-end-explosives-fertilisers-dream-20220523-p5anoeAccessed 2 Jul, 2022

3. Incitec Pivot Web Site, About Us: https://www.incitecpivot.com.au/about-us/our-businesses Accessed 23 Jun, 2022

4. Hunter, P., Corporate Strategy (Remastered) II: A Fieldbook, Implementing High Performance Strategy and Leadership, Routledge, Oxford, UK, 2020

5. Strategic Management Institute Web Site, Blogs https://www.smiknowledge.com/post/inventing-the-2040-corporation-evolving-the-corporation-as-a-corporate-collaborative-system

6. Robert Bosch GmbH Annual report, "Annual Report 2021" (PDF) (Press release), Accessed 29 Jun, 2022

7. MTM Automotive Web Site: https://www.mtmauto.com/Accessed 29 Jun, 2022

8. Prahalad, C.K., & Hamel, G., The Core Competence of the Corporation, Harvard Business Review, 68(3), 79–91, 1990

This podcast is published by the management consulting firm, Paul Hunter Strategy and Leadership (www.phsandl.com). Associate web sites are PHSandL's research group, the Strategic Management Institute (www.smiknowledge.com) and the strategy simulation tool that can be accessed at CSOsandbox (www.csosandbox.com).

This podcast is published as a supplement to the coursework on corporate strategy that provides insight into Third Wave Strategy - as a system. An overview to the coursework, the Corporate Strategy Master Class program and subscription details can be found here: https://www.csosandbox.com/buy-online-strategic-management-courses-here.

Content for our publications is provided by the the Strategic Management Institute (www.smiknowledge.com), the research arm of PH Strategy and Leadership (www.phsandl.com) management consultants. Another associated web site is PHSANDL's strategy simulation tool, the Chief Strategy Officer (CSOsandbox) www.csosandbox.com.
More video based podcasts (Video Bites) can be found on YouTube CSOsandbox: https://www.youtube.com/channel/UCwW1QK_4P31MtXyYGmJOyUg

Scant research has been undertaken into the role of the Chief Strategy Officer (CSO), that is, the determination of what a CSO does. As specialists in strategy practice, the Strategic Management Institute (SMI), the research arm of Paul Hunter Strategy and Leadership has evolved a representation of the role. It is based on raw experience in the field, empirical research, and conclusions drawn from corporate strategy specific publications. Our derived description of the role is presented in this video, as is a response to the question: “How does the SMI’s definition of the role of the CSO compare with actual demand? To draw a comparison an analysis of CSO position descriptions drawn from LinkedIn advertisements in Australia, London, New York and San Francisco were reviewed and conclusions drawn. It will be a surprise for many to learn that one critical component of the CSO’s role is missing from formal job descriptions, even though its existence is vital to the long-term survival of many corporations.

A written version of this podcast is available to CSOsanbox subscribers. Submissions can be made at our web site website: www.CSOsandbox.com. References applicable to parts of this video are as follows:
References

1. Hunter, P., Corporate Strategy (Remastered) II: A Fieldbook, Implementing High Performance Strategy and Leadership, Routledge, Oxford, UK, 2020

2. Hunter, P., Corporate Strategy (Remastered) I: High Performance Strategy and Leadership in a Volatile, Disrupted World, Routledge, Oxford, UK, 2020

3. Ansoff, H.I. (1965), Corporate Strategy, New York: McGraw-Hill

4. Pfeifer, S., The Financial Times, London, UK 21 May 2023. Accessed 25 may, 2023 https://www.ft.com/content/3436ab7e-728f-4ca0-9cde-d51ab2c4b90e

5. BHP, Our Strategy https://www.bhp.com/about/strategy, Accessed 15 May 2023

6. Rademakers, M., Corporate Universities as Drivers of Organizational Learning, Routledge, Oxford, UK, 2014.

7. Allen, L., “Chocolate Fortunes; the Battle for the Hearts and Minds, and Wallets of China’s Consumers”, AMACOM, 2010

8. Mars Edge, https://www.mars.com/our-brands/edge, Accessed 25 May 2023

This podcast is published as a supplement to the coursework on corporate strategy that provides insight into Third Wave Strategy - as a system. An overview to the coursework, the Corporate Strategy Master Class program and subscription details can be found here: https://www.csosandbox.com/buy-online-strategic-management-courses-here.

Content for our publications is provided by the the Strategic Management Institute (www.smiknowledge.com), the research arm of PH Strategy and Leadership (www.phsandl.com) management consultants. Another associated web site is PHSANDL's strategy simulation tool, the Chief Strategy Officer (CSOsandbox) www.csosandbox.com.
More video based podcasts (Video Bites) can be found on YouTube CSOsandbox: https://www.youtube.com/channel/UCwW1QK_4P31MtXyYGmJOyUg

In this era of great volatility, Third Wave Strategy provides a strategic management platform that enables the integration, alignment and systemisation of all forms of strategy practice. It is characterised by a systemic and integrated approach to its construct, a dynamic application of its practice and the use of deep, critical, dextrous strategic thinking in its enactment.
The video can be viewed on YouTube at: https://www.youtube.com/channel/UCwW1QK_4P31MtXyYGmJOyUg

This podcast is published as a supplement to the coursework on corporate strategy that provides insight into Third Wave Strategy - as a system. An overview to the coursework, the Corporate Strategy Master Class program and subscription details can be found here: https://www.csosandbox.com/buy-online-strategic-management-courses-here.

Content for our publications is provided by the the Strategic Management Institute (www.smiknowledge.com), the research arm of PH Strategy and Leadership (www.phsandl.com) management consultants. Another associated web site is PHSANDL's strategy simulation tool, the Chief Strategy Officer (CSOsandbox) www.csosandbox.com.
More video based podcasts (Video Bites) can be found on YouTube CSOsandbox: https://www.youtube.com/channel/UCwW1QK_4P31MtXyYGmJOyUg

The traditional role of the CFO is undergoing a transformation, as suggested in this thought-provoking podcast. The narrative challenges conventional notions by advocating for a paradigm shift in the CFO's responsibilities. Interestingly, this evolution leverages existing resources within CFO teams, particularly the Management Accountants, who are facing technological disruptions of their own. Rather than rendering them obsolete, the podcast highlights how these professionals can embrace a more forward-thinking approach, focusing on future strategies rather than past practices.

Central to this reimagined CFO role is the adoption of a strategic system known as Third Wave Strategy, as introduced in the book series "Corporate Strategy (Remastered) Vols. I and II" and explained in the Corporate Strategy Master Class online coursework. It explains how a Third Wave Strategy empowers CFOs to oversee a holistic strategy system, moving beyond traditional functional duties. Importantly, this shift does not diminish the role of the Chief Strategy Officer in shaping corporate strategies; instead, it redefines the CFO's strategic involvement. For a comprehensive understanding of this innovative perspective, the podcast delves deeper into the dynamics of this strategic evolution.

This podcast is published as a supplement to the coursework on corporate strategy that provides insight into Third Wave Strategy - as a system. An overview to the coursework, the Corporate Strategy Master Class program and subscription details can be found here: https://www.csosandbox.com/buy-online-strategic-management-courses-here.

Content for our publications is provided by the the Strategic Management Institute (www.smiknowledge.com), the research arm of PH Strategy and Leadership (www.phsandl.com) management consultants. Another associated web site is PHSANDL's strategy simulation tool, the Chief Strategy Officer (CSOsandbox) www.csosandbox.com.
More video based podcasts (Video Bites) can be found on YouTube CSOsandbox: https://www.youtube.com/channel/UCwW1QK_4P31MtXyYGmJOyUg