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Orchestrating a Business Turnaround:

                                     Real-Life Lessons for Agencies




                                                                 Alex Betancur




                                                                                 1
© 2010 Mirren Business Development
Listening to You


                         “[Give me an outside perspective]…Agencies can
                         be too insular.” - Kelly

                         “We don’t pull enough best practices from outside
                         our immediate perspective.” - Jessica

                        “Why is [Alex] helping us?” - Linda

                        “Will you have examples of agencies that
                        orchestrated a good turnaround? Can I get our CEO
                        to sit in the front row? Can you look right at him?”



                                                                               2
© 2010 Mirren Business Development
What is Jump Ramp Venture and who the heck is
                                          Alex Betancur?




                                                                           3
© 2010 Mirren Business Development
Big Picture


                        Do we need a turnaround?


                        What is our goal?


                         What are the objectives, obstacles?




                                                               4
© 2010 Mirren Business Development
1. Leadership


                        Definition


                        Accountability


                         Does not have to be the CEO




                                                         5
© 2010 Mirren Business Development
2. Talent


                        Who’s in your foxhole?


                        Choose your leader and champion


                         Inventory your current team and talent




                                                                  6
© 2010 Mirren Business Development
3. Defining Measurable Goals


                         Marry Big Picture with current snapshot


                         Make a REAL roadmap


                        Identify tangible actions/metrics for success




                                                                        7
© 2010 Mirren Business Development
4. Testing


                         Choose goals and objectives that help test the
                         market

                         Get buy in…but don’t be afraid of naysayers


                        Succeed and fail quickly – learn from both




                                                                          8
© 2010 Mirren Business Development
5. Engage & Execute


                         Review your team’s failures and successes


                         Refine or adjust your team


                        Refine and adjust goals


                        Refine and adjust success metrics




                                                                     9
© 2010 Mirren Business Development
Audience Questions


                         “But I’m not the CEO…what can I do.”

                         “My Agency is established. We do the things we do
                         because, well, we’ve always done them that way.
                         How do we start to turnaround/evolve?”

                        “Who has done this successfully, in your opinion?”




                                                                             10
© 2010 Mirren Business Development
Orchestrating a Business Turnaround:

                                     Real-Life Lessons for Agencies




                                                                 Alex Betancur




                                                                                 11
© 2010 Mirren Business Development

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Mirren Conference: Orchestrating a Turnaround, Alex Betancur

  • 1. Orchestrating a Business Turnaround: Real-Life Lessons for Agencies Alex Betancur 1 © 2010 Mirren Business Development
  • 2. Listening to You “[Give me an outside perspective]…Agencies can be too insular.” - Kelly “We don’t pull enough best practices from outside our immediate perspective.” - Jessica “Why is [Alex] helping us?” - Linda “Will you have examples of agencies that orchestrated a good turnaround? Can I get our CEO to sit in the front row? Can you look right at him?” 2 © 2010 Mirren Business Development
  • 3. What is Jump Ramp Venture and who the heck is Alex Betancur? 3 © 2010 Mirren Business Development
  • 4. Big Picture Do we need a turnaround? What is our goal? What are the objectives, obstacles? 4 © 2010 Mirren Business Development
  • 5. 1. Leadership Definition Accountability Does not have to be the CEO 5 © 2010 Mirren Business Development
  • 6. 2. Talent Who’s in your foxhole? Choose your leader and champion Inventory your current team and talent 6 © 2010 Mirren Business Development
  • 7. 3. Defining Measurable Goals Marry Big Picture with current snapshot Make a REAL roadmap Identify tangible actions/metrics for success 7 © 2010 Mirren Business Development
  • 8. 4. Testing Choose goals and objectives that help test the market Get buy in…but don’t be afraid of naysayers Succeed and fail quickly – learn from both 8 © 2010 Mirren Business Development
  • 9. 5. Engage & Execute Review your team’s failures and successes Refine or adjust your team Refine and adjust goals Refine and adjust success metrics 9 © 2010 Mirren Business Development
  • 10. Audience Questions “But I’m not the CEO…what can I do.” “My Agency is established. We do the things we do because, well, we’ve always done them that way. How do we start to turnaround/evolve?” “Who has done this successfully, in your opinion?” 10 © 2010 Mirren Business Development
  • 11. Orchestrating a Business Turnaround: Real-Life Lessons for Agencies Alex Betancur 11 © 2010 Mirren Business Development