Symphony Solutions for Strategic Networks Project Overview November 2004 The Symphony Consortium
What is Symphony? Symphony is a truly trans-continental effort of more than 30 organisations from all over Europe, Canada, Switzerland and Australia Symphony is an Intelligent Manufacturing Systems project of three year duration (2001-2004): www.ims.org Symphony is a project in the Information Society Technologies Programme in Europe: www.cordis.lu/ist Symphony has produced results that will significantly enhance management practices of small- and mediumsized enterprises SYMPHONY Consortium 2001-2004 Page 2
Symphony vision Target Group Symphony focuses on three dedicated target groups all belonging to the category of High-tech or service oriented companies with high-information information part in their value chain for example: SMEs (up to 250 people); Modular units of bigger companies; Startup companies Vision Create a dynamic management methodology with modular and integrated methods and tools for knowledge-based, adaptive SMEs SYMPHONY Consortium 2001-2004 Page 3
Symphony Context Growth in organisations through developing new competencies or through mergers and acquisitions Involves high investment and high risk, especially in a turbulent environment Growth involves a trade off between preparing for today s and tomorrow s challenges SMEs are the backbone of economy Creating new and more relevant pathways to growth of SMEs is a critical path precondition for healthy organizations, communities, regions, and nations. SYMPHONY Consortium 2001-2004 Page 4
Symphony Purpose Growing Fast with Low risk & Growing Better The purpose of the Symphony project is to develop and increase the capability of SMEs to grow differently and deliberately Through smart combinations of exploring new and exploiting actual options of development Knowledge-based organisations will find ways for profitable growth through developing their most strategic asset, the capabilities of their people, in line with stakeholder demand and enriched by collaborative partnerships. SYMPHONY Consortium 2001-2004 Page 5
Vision and Values of Collaborative and Adaptive SMEs In the rough waters of a knowledge-based economy, SMEs can grow fast and grow better with lower risk by becoming networked collaborative and adaptive organizations. A networked collaborative and adaptive organization is sensitive to stakeholder signals It leverages its potential for responsive action as a member in a national or/and international network Allowing for on-going STRATEGIC RENEWAL through improved MANAGEMENT capabilities Based on Trust, Collaboration, Diversity and Agility. SYMPHONY Consortium 2001-2004 Page 6
Symphony s Guiding Principles Adaptive Knowledge- Based Networked In Symphony we believe that knowledge-based enterprises can grow fast and with low risk by becoming networked and adaptive. Networked and adaptive enterprises will find ways for profitable growth through developing their most strategic asset, the competences of their people, in line with stakeholder demand and enriched by collaborative partnerships. SYMPHONY Consortium 2001-2004 Page 7
Symphony Management Solutions Current navigation instruments are not equipped for steering through the waters of this knowledge-based economy Symphony consortium is stimulating capabilities for renewal through developing management methods and tools These will facilitate the constant creation, exploration and exploitation of business opportunities within strategic networks. SYMPHONY Consortium 2001-2004 Page 8
Symphony solutions SYMPHONY Consortium 2001-2004 Page 9
What our partners say... CDN (E): CDN is completely changing its definition of the company. This highly challenging step is taking the company from an organisation that provided services based on technical knowledge to a provider of consulting services. Strategic as well as operational efforts are necessary and Symphony is the perfect tool for succeeding. MASMEC (I): The Symphony toolset is important to make the organization and skill management organized with IT means. It also helps you to find out the differences between the required competencies and the competencies actually used within the firm. SYMPHONY Consortium 2001-2004 Page 10
What our partners say... Duvoisin Groux (CH): The approach is systematic: the project focuses on the reflection of the company s current and future priorities. The basic concepts of Symphony integrate the dynamics of change and the adaptation to the environment. Symphony enables us to work in a network with partners. It is a platform for the shared management of the company. Pointer Telecom (IL): Pointer Telecom s management team had two specific expectations, and both were fully realized: to build together the strategic vision of the direction we are heading to and to focus on the opportunities embedded in various types of collaborations. It is absolutely clear to us that collaborations are a tool to leverage our capabilities and the path to growth. SYMPHONY Consortium 2001-2004 Page 11
What our partners say... CEGOS (F): Symphony is a set of methods and tools allowing to carry out strategic reflections and to decline them down to the organisational level and to the management of Human Resources. The Symphony approach really allows the company to be a learning organisation and to develop its resources, competencies and knowledge, which at present are its primary levers of competitiveness. SYMPHONY Consortium 2001-2004 Page 12
Outlook If our stories sound familiar to you If you are facing similar issues Or, if you would like to learn more about our concepts and solutions We look forward to meet you online (Wednesday 24.11.04) or offline (Thursday 25.11.04) SYMPHONY Consortium 2001-2004 Page 13
The Symphony Orchestra... International Management & Innovation Group SYMPHONY Consortium 2001-2004 Page 14
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