What do you do when you hold mature or declining businesses that are facing margin and growth pressures? What do you do when more continuous improvement will not materially change their outlook? How can you build organizational alignment and commitment to renewing the businesses that have been the core of the company and which still may be the drivers of today’s top and bottom lines? These are the big questions addressed in Renewing Mature Businesses.

 
If renewal is to happen in a proactive manner, then the decision to renew must be made thoughtfully and must balance renewal with the other priorities of the organization. This program will explore how to this is done by building a renewal business case and structuring the renewal decision process. We will discuss four distinct renewal paths, each of which addresses a different combination of customers and assets paths, and help you determine which would be the best for each of your mature businesses. The paths have different risk and reward characteristics, and each has its own requirements for success.
 
Faculty

• Build your understanding as to which parts of your business should and should not undergo renewal
• Clarify the process for aligning your business behind the renewal effort
• Provide the tools and framework you need to successfully renew your businesses

• No business grows forever, but there are always growth businesses
• What makes renewal different than running a business?
• Identifying high potential renewal candidates
• Building the business case for business renewal
• Aligning your organization behind the renewal decision
• The renewal process overview
• Structuring the renewal effort
• Developing alternatives and building insight
• Evaluating the renewal alternatives
• Deciding and executing
• Renewal traps to avoid
• Building organizational renewal capabilities

The teaching approach provides a mix of lecture, discussions, and working sessions in which attendees will apply the tools and approach to the renewal challenges they face in their own businesses. These small group exercises and one-on-one consultations with faculty and other participants will give you an opportunity to apply the tools and concepts to the real issues your are facing.
 

A comprehensive workbook and website link will be provided for use during the program to track application ideas and to reference after returning to work. In addition, each attendee will receive a PowerPoint file with electronic templates for the exercises covered during the breakout sessions.
 

Each participant will leave the session with new ideas and concepts and an understanding of how these can be applied to the strategic problems they face. Attendees will have several takeaways which can be used immediately, as well as longer-term ideas which can be put into play over time.

 $3,500

Quantity Discount
A discount of 15% will apply to registrations of three (3) or more people from the same company registering as a group for the same specific program. Please note that this offer is contingent upon all registrants enrolling in the same program having the same start date. Program cancellations and program transfers affecting the minimum number of people enrolled in the program for which the discount is applied will void the discount.
 

Cancellation / Transfer Policy