PowerPoint Presentation

Document Sample
PowerPoint Presentation Powered By Docstoc
					7 Simple Stories of Building ‘Making-it-Happen’ Organization




 Its a paradox that while Execution is the weakest link in corporate success, it has not emerged
                           as a management-discipline in it own right.




                                                Conducted for LMA– Jan 06, 2012


                                          1
Minimizing ‘Follow-up’




      People waste 10-35% of their time, doing follow-up. What
      if you do not have to?




                               2
Reducing time in Follow-up from ~20% to ~5%


What was done?
   Laid out ‘No Follow-Up’ expectations from ALL employees & managers (1 day)
   Had a brief session with employee every week on key tasks to be completed
   Agreed on when and in what situation employee will provide an update on progress/completion
   Even if was not getting done in time, manager was expected to know it before the deadline
   Manager had to hold-back the ‘compulsive follow-up’


Time- 9 months of persistence.


Benefits
   Better planning and clarity
   Sense of ownership & accountability at all levels
   People respecting deadlines




                                                                                                         3
                                                                Copyright Execution-MiH Solutions Pvt. Ltd.
Minimizing ‘Multiple Accountability’ and ‘Upward Delegation’




        If there are two people are responsible for something, it
                            will not get done




                                  4
Reducing time to co-ordinate and arbitrate down by 50%


What was done?
   Laid out ‘there is only one person responsible for a task’ to ALL
   Trained & coached people on how to get things done with & through others
   Minimized Follow-up
   Empowered the person accountable to co-ordinate & drive everyone including the manager
   If there is a conflict or issue, the person to gather all involved and drive decision with manager


Time- 9 months of persistence


Benefits
   A higher sense of accountability
   Manager become a support and not a driver




                                                                                                             5
                                                                    Copyright Execution-MiH Solutions Pvt. Ltd.
Making People ‘Think on their Own’




     When people ‘think on their own’, ‘they do on their own’




                               6
Improving an Employees Self-Reliance Right questions to ask




   ‘What will you do if you were me?’


   ‘What are top-3 things you would like to change, if its your company?’ What can you do about it?’


   What do you think is expected to happen? What should we do about it?




                                                                                                                   7
                                                                          Copyright Execution-MiH Solutions Pvt. Ltd.
Doing HR basics very well




        80% of employee performance and motivation is to be
                      good in fundamentals




                               8
Strengthening the Core- HR Engine


What was done?
Complete HR Engine (manual/templates/Training..)- 30 days
Setting everyone’s goals-behaviors-Self Development- 30 days
Quarterly Persistence on Feedback and Appraisal

                                                                                 Honest Performance
                                                                                Feedback- Online and
                                                                                     Quarterly


                                                               Self-Development




                                                  Behaviors




                                 Goals




         Performance Plan



                                                                     Copyright Execution-MiH Solutions Pvt. Ltd.
Sales Activity-Productivity- Performance Engine




        If we know ‘what?’ Of sales person’s activity, consistency and
               intensity, one can guarantee that sales will go-up




                                   10
Strengthening the Core- Sales Productivity Engine


What was done?
Complete Sales-Engine (Process/templates/Training/Reports)- 45 days
Achieved smooth activity data- +90 Days
Performance Review and Productivity Increase- +90 days
                                                                                 Support-Train-Coach-
                                                                                Drive Week After Week

                                                                Sales Activity-
                                                                 Productivity-
                                                             Performance Review


                                             Daily-Weekly Sales
                                                Activity Data



                          Leads Management
                               Process



     Daily Work Management/
    Activity/Productivity Norms




                                                                      Copyright Execution-MiH Solutions Pvt. Ltd.
Resilience Test




    Real-Ideas of Cost-Savings Come, When you do not have the Money




                                 12
Resilience Test- What will we do if we have 25% less money?


What was done?
Total Actionable Ideas Identified- 15 (resilience test passed)
No. of ideas actioned immediately- 5
Cost-Saving 12% over 6-9 months
                                                                                      Consolidated Sales
                                                                                           Travel



                                                                 Quickened Invoicing and
                                                                  Reconciled Accounts


                                                Consolidated Offices



                              Put five vacant
                             properties on rent



     Cleared two big inventory
          blockage points



                                                          13
                                                                         Copyright Execution-MiH Solutions Pvt. Ltd.
Managing the Real World




     By Recognizing ‘uncertainty’, you will have greater ‘certainty of
                               success’




                                 14
When you create a plan- think-through ‘Can and How will you Execute it?’


   Have we validated our assumptions?


   What are early warning signals on key assumptions we have made on customer-market-price- tariffs?


   What will be our measures, how will be report our performance and when will we have red-alert?


   What if competition reduces price OR input cost goes up? How will we maintain the flexibility of margins?


   What are minimum core capabilities needed to achieve our plan, and how they can be deployed in time?


   What are the five internal things we have to do very well? How are we ensuring that we will do it?


   …..




                                                                          Copyright Execution-MiH Solutions Pvt. Ltd.
Thank You




            16

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:10/1/2012
language:Unknown
pages:16