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MICHAEL TREACY
MICHAEL TREACY

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AUTHOR OF:
• Double-Digit Growth
• The Discipline of Market Leaders (co-author)

Michael Treacy has been helping companies achieve market leadership for more than 25 years.

Michael’s distinguished career has transformed businesses around the world by aiding senior management with their greatest strategic challenges. His first book, The Discipline of Market Leaders, was a New York Times bestseller; it outlines the principles of leadership in a competitive marketplace- focusing on an unmatched customer value proposition delivered through a unique operating model design. Many companies—large and small--have adopted these principles to drive their own business strategies and build competitive advantage.

Michael’s new book, Double Digit Growth: How Great Companies Achieve It, No Matter What, presents a common sense approach for achieving superior profitable growth. It is based on his last eight years of research and consulting with companies of all sizes. It introduces the Growth Portfolio, a concept that is sure to become as widely adopted as his earlier work on customer value leadership. The Growth Portfolio decomposes the problem of growth into five distinct disciplines, each with its own opportunities and managerial challenges. The book discusses each growth discipline and the strategies for managing a collection of growth opportunities. Case examples detail the successes and failures of scores of companies as they manage through turbulent markets and apply the concepts detailed in this book.

Michael is currently the Chief Strategist and Co-Founder of GEN3 Partners, a firm based in Boston and St. Petersburg, Russia, dedicated to creating science-based product breakthroughs for a wide range of clients. Prior to GEN3, he founded and led a strategy consulting firm that served leading companies in telecommunications, industrial products, financial services, transportation, and retailing. He has served as a Board member for several leveraged buyouts and new ventures.

Michael was formerly a Professor of Management at the Sloan School of Management at the Massachusetts Institute of Technology. He received an engineering degree from The University of Toronto and his Ph.D. from MIT.

TOPICS:
• Double-Digit Growth
• Customer Loyalty - Myths and Realities
• Value Leadership: The Discipline of Market Leaders
• Growth Beyond the Core Business
• Sales Excellence: Building a System for Growth
• Successful Cross Selling
• Outsourcing and Offshoring
• Revolutionizing Product Innovation
• Sustaining Growth in a Changing Health Care Marketplace

TOPIC DESCRIPTIONS:
Double-Digit Growth
Your organization can achieve it, even if others can't. Michael Treacy demonstrates, through fresh and compelling case examples, that the foundation of steady double-digit growth is a discipline that can be developed by any management team. With a structured growth discipline, firms are more likely to achieve high growth by "grinding it out" than they are by "betting the farm" on risky strategies. Based on his book of the same title, Michael Treacy presents key insights about the management discipline of double-digit growth firms.

Customer Loyalty – Myths and Realities
Customers aren't loyal to suppliers. They're loyal to only one thing - best value. This topic focuses on the myth of customer loyalty and the realities of customer retention. While many corporations have invested in expensive loyalty reward programs, complicated customer relationship management schemes, and lots of loyalty consulting advice to attract and retain customers, the results have been marginal at best. To keep your customers and gain new ones, you must understand the advantages that incumbency bestows and how to use those advantages to create powerful value that wins the customers' business again and again.

Value Leadership: The Discipline of Market Leaders
Do you want to be the leader in your industry? Do you want to provide the best offering for your customers whether that is the best products, the best solution or the best total cost? Do you want to have the capability to offer your customers better value year after year? This session uses the principles of Treacy's co-authored best seller, The Discipline of Market Leaders. Translated into 18 languages, with about one million copies in print, this book revolutionized thinking about markets and competition.

Growth Beyond the Core Business
Every company eventually looks to expand its growth horizons beyond its core market. Whether it's simply targeting faster growing market segments or acquiring a business in an entirely separate market, these moves bring new competition, added complexities, and unknown risks.

Michael Treacy examines what it takes to grow successfully beyond a company's core market. Through case examples, you’ll gain practical insight into the challenges of growth in related markets. He dispels several myths about competitive advantage and humorously describes some of the all-time worst attempts to grow beyond core businesses.

Sales Excellence: Building a System for Growth
It takes a system to create a sale. Not just an energetic sales force, not just a valued product but an entire system - sales processes, performance information, roles and controls - is needed to create sales excellence. Michael Treacy discusses leading edge examples of sales effectiveness and draws out important implications for change within your sales system.

Successful Cross Selling
Many a company has set out to build growth by selling products and services from one division into the customer base of another division, only to be stymied by passive sales resistance and customer indifference. This session examines what it takes to grow and successfully implement a cross selling program. Through case examples of successes and failures you’ll explore the four essential ingredients of a successful cross-sale program.

Outsourcing and Offshoring
Outsourcing (when a firm contracts with an outside supplier for work) and offshoring (when a company moves domestic work overseas) are controversial and complex innovation strategies that are, nevertheless, gaining in appeal in order to meet the needs of an increasingly demanding global market.

In this session, Michael Treacy explores the competitive factors that are driving the adoption of outsourcing and offshoring initiatives and reviews the industries, processes, and functions that are affected by these strategies. He looks at the actual impact of outsourcing and offshoring on jobs, company performance, and competitiveness. This presentation will, in part, draw on Mr. Treacy's personal experiences with offshoring. Treacy has built a firm that creates new product innovations for large American firms using science and technology sourced from Russia and Eastern Europe. So the debate is this: is this a company outsourcing and offshoring R&D jobs - or onshoring intellectual property that ultimately creates a multitude of new jobs? And which workers and firms are harmed and helped in the process? Many a myth will be shattered in this session with common sense analysis and straight talk.

Revolutionizing Product Innovation
In markets crowded with “me-too” products it is more important than ever that product leaders aim higher, for truly breakthrough products. Yet, only one in seven early stage product developments ever make it to market.

How can a company grow product research and development while simultaneously lowering the time and risk of innovation? What is the best method to determine the lifecycle of your current products? How do you predict the technology that will launch your products into their next lifespan?

This remarkable session will answer these questions and discuss case examples of companies that have revolutionized their product innovation efforts. Mr. Treacy will draw on his experiences as a co-founder of GEN3 Partners, a product innovation firm based in Russia and the United States that works with a wide range of companies around the world on some of their most important product innovation challenges. Of GEN3’s many innovations, perhaps the best-known was their work for Proctor and Gamble that yielded the creation of Crest Whitestrips®, the most successful new product launch P&G has ever had.

Sustaining Growth in a Changing Health Care Marketplace
Whether a provider of health care services, an insurer of health care costs, a manufacturer of health care products, or a service provider to those firms, expanding health care costs has provided plenty of growth in revenue and profits for everyone. But medical inflation has also laid the seeds for significant changes in the health care marketplace.

Whether the health care marketplace ever becomes truly consumer-driven, whether employers completely shift health insurance from a defined benefit to a defined contribution, and whether the government is prepared to fully allow market forces to reshape health care delivery, are all open to debate. What is not debatable, though, is that this marketplace will continue to transform, in reaction to spiraling costs, at an accelerating rate.

TRAVELS FROM: Massachusetts

FEE CATEGORY: F ($25.5 and up)

     

 
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