4th SOLYP3 Best Practice Meeting on 16 November 2017 in Munich: The Strategic Process at Giesecke+Devrient

Thursday, 30. November 2017

4th SOLYP3 Best Practice Meeting:
The Strategic Process at Giesecke+Devrient

Once more, on November 16th, 2017, strategists gathered in Munich: SOLYP GmbH had invited them to gain exclusive insights into the Giesecke+Devrient’s strategic process at the fourth SOLYP3 Best Practice Meeting. Kevin Niekrawietz, Corporate Development and Strategy at Giesecke+Devrient, presented the factors for success of corporate strategic planning in a fascinating report and provided insight into the work with the strategic intelligence software SOLYP3.

Dialog instead of Soliloquies

Even in the short round of introductions the character of the event series became apparent: Dialog instead of soliloquies, exchange of experiences instead of power point battles. Soon it turned out that the strategists from different regions and branches were facing similar challenges: Heterogeneous levels of knowledge in different departments or countries represent obstacles to company-wide strategic planning. At the same time, diverse managers have to be involved into the strategic process in order to come up with some significant strategic information. The topic digitalization has become more and more important during the past few years: The strategic process needs to be digitized and standardized as fast as possible. However, day-to-day business shouldn’t be neglected.

Agile Strategic Planning in the Center of Attention

Giesecke+Devrient introduced SOLYP3 as early as in 2008 in order to meet those challenges: The internationally active group of enterprises for security technologies thus was able to establish a process in strategic planning and implementation unified with regard to system engineering, display format and approach throughout any units of the organization. This process is based on a solid pool of information, but also stays dynamic.

The more than 150 years old Munich-based family business switched to a holding structure this year. This means comprehensive structural changes, which poses new challenges for the strategic department. “The strategy of the group has to sum up to a harmonious overall image and, of course, the individual requirements of the four independently run business domains Currency Technology, Mobile Security, Veridos and Secunet must not be neglected. This is what you need a strategic platform like SOLYP3 for”, said Kevin Niekrawietz. “Thanks to the extensive re-design of the process and the system respectively the tool, information obtained from SOLYP3 are a sound basis for strategic development across our organization.”

Boosted Portfolio Management for a Harmonious Group Strategy

It’s first and foremost soft data that plays an important role herein: “Since the individual business sections know their own market better than central functions, this input is very precious for us.” The business unit managers of the sub-groups deal with questions about the market, opportunities, risks and so on, which have to be taken into account within the overall strategic planning. Even a strategic forum for scenario planning with everybody involved is part of the strategic process. “The biggest challenge however is to bring about the determined strategic initiatives from the groups and promote them there. We use targeted tracking of goals and measurements, which we constantly optimize.”

Giesecke+ Devrient is set to the future very well, too: “In our innovation management we have concentrated on projects we work on in corporate think tanks and hackathons since the beginning of the year. There, the best business concepts are picked and developed further – a very inspiring and creative way of developing strategies, which I can only recommend to businesses”, Niekrawietz explained.

Structured Strategic Planning

After that, Kürsat Gökce, Managing Partner at SOLYP, gave exclusive insights into the strategic intelligence software SOLYP3 at Giesecke+Devrient: The users find their ways easily thanks to the intuitive navigation through the corporate planning structure and can assess relevant qualitative and quantitative strategic information through questionnaires. Top-down or bottom-up can be chosen individually for every unit.

“With SOLYP3, mixed planning can be conducted on each issue – no matter if you would like to strategically assess competitors or determine objectives”, said Gökce. Niekrawietz added: “To me, the software’s aggregation logic is a huge advantage. I wouldn’t want to miss that in daily planning. And of course creating reports in power point format so quickly and just with a few clicks is also a huge benefit. You can save such an enormous amount of time in comparison to creating reports manually!”

We would like to say ‘thank you’ to anyone, who attended the meeting, for contributing to the discussion and for their feedback – and last but not least to Kevin Niekrawietz from Giesecke+Devrient for his inspiring presentation! We look forward to seeing you all at the SOLYP3 Best Practice Meeting 2018.