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Are you a Bottleneck or a Champion ?

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Information about Are you a Bottleneck or a Champion ?
Business-Finance

Published on December 13, 2008

Author: sarvajeet

Source: authorstream.com

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Slide 1: " Where are you likely to find people with the least diversity of experience, the largest investment in the past, and the greatest reverence for industry dogma? At the top!” ……….Gary Hamel http://www.flickr.com/photos/noelii/2534048747/ Slide 2: Bottleneck at the top of the bottle http://www.flickr.com/photos/noelii/2534048747/ Slide 3: Thomas Watson proclaimed in 1943 that there is a world market for 5 computers Slide 4: Bill Gates commented that 640 Kbyte should be enough memory for everyone http://www.flickr.com/photos/43225918@N00/2244447400/ Slide 5: fiercest stumbling blocks to effective transformation are at the top. http://www.flickr.com/photos/thomashawk/37022706/ Strategy has very little chance to get executed, if the top management refuses to champion or sponsor the cause : Strategy has very little chance to get executed, if the top management refuses to champion or sponsor the cause An Energy Major into Real Estate : An Energy Major into Real Estate Consider a case of a large scale real estate development for an Indian energy major, where the top boss commented that the architectural design is bold & perhaps will not be easily acceptable to Indian consumers. http://www.flickr.com/photos/wang_qian_021386/2603959895/ Slide 8: Subsequent focus groups revealed that the consumers loved the design & craved for a world class luxury development in their backyards. http://www.flickr.com/photos/jmecelab/2323995433/ Slide 9: Senior managers (executing the project), kept emphasizing that the development plan needs to be altered without giving any logical reasons , just so that they remain on the right side of the top boss. They refuted all consumer data & research and relied only on the focus group of one- the top boss. As for the development expertise of the top boss, well he may have built a bungalow or two for himself. Slide 10: The critical first step in transformation is to generate buy-in from the top boss & his senior managers spend considerable time to seek inputs & encourage involvement from the top management top management needs to be given specific roles to steer the programme to its logical conclusion enlisting them as champions http://www.flickr.com/photos/andrew_k/635686037/ Slide 11: Change is an imperative, not a 'good to have'. The top guy has to recognize that. http://www.flickr.com/photos/28664154@N07/2676753910/ Slide 12: Top managers need to own the change, the need to run to stay at the same place http://www.flickr.com/photos/bootbearwdc/14130889/ As Anita Roddick of the highly innovative Body Shop, said, "I watch where the cosmetics industry is going and then walk in the opposite direction." : As Anita Roddick of the highly innovative Body Shop, said, "I watch where the cosmetics industry is going and then walk in the opposite direction." http://www.flickr.com/photos/21845095@N06/2828572501/ Slide 14: For more on strategy execution by Sarvajeet Chandra http://strategy-execution.blogspot.com http://www.mastersungroup.com

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