Author: Dutch Holland
Publisher: Xlibris Corporation
ISBN: 1477118322
Category : Business & Economics
Languages : en
Pages : 127
Book Description
Thriving in Times of Increasing Change Never before have organizations faced an environment as turbulent and as difficult as this one. Businesses must change the way they are doing business now to a new way that will work for them in the future. While major organizational change was once the exception, it is now the rule . . . and organizations will have to be very good at organizational change to thrive in the new business environment. Profound changes are on the way Todays businesses are bracing for change. Waves of regulatory requirements are coming in increasing amounts and intensity. Competition is more intense and coming from every direction. Customers no longer will settle for yesterdays products, services, or levels of quality. Things are challenging out there, and businesses can no longer simply hunker down and weather the storm. Many predict that todays storm is tomorrows business environment, an environment in which we must be able to thrive . . . or die. Adding to the assault, many business leaders are shocked at how much change is likely to be required in such a short period of time. No longer is it a question of if or when huge waves of change will hit, its a matter of how well organizations are positioned to effectively navigate and even flourish in the changes. Waves of change are already hitting the beach, and their strength is almost certain to build. Its too late for a bunker mentality. Out of the bunkers and into . . . what? Companies cannot stay in their bunkers forever. Sooner or later they must come out and face the music. That means they must come out and change the way they do business in order to fit into the turbulent world. Change is no longer an option but change the way they do business to what? Companies coming out have two options; options that are as different as night and day. Surviving: The intuitively-obvious way The focus of doing business just to survive is logical and intuitively obvious. It has companies adopting and/or adapting survival tactics as the core of their new way. They limit the changes they make to just get over the survival threshold. Process changes are most likely very conservative: patches, glue-ons, work-arounds, tweaks, fix and repair rather than replace, emergency repairs rather than preventive maintenance, etc. all pursued in an atmosphere of severe cost cutting and staffing layoffs. While risk management may be a goal, survival-oriented companies try to dodge every risk regardless of the risk-rewards, taking away almost all of their undeveloped opportunities that might be sources of new life for the company. Unfortunately, the slogan of this new way of doing business might be out of the frying pan and into the fire. Thriving: The straight and narrow way The focus of this new way of doing business will be positioning the organization so that it will thrive . . . even in a nasty business environment. The first step in moving toward a thriving business will be to set a vision that is designed to separate the company from the middle-of-the-road pack of competitors. This way of doing business will require the company to improve all work processes that could translate into a competitive edge. Processes must be advanced beyond best practices to an industry leading position. This way of doing business calls for investment in the best available technology that enables the companys core processes, in equipment upgrades where possible, expansion of employee responsibilities, provision of aggressive training on key skills that support core work processes, and more. All of these actions will require energy and resources as the straight and narrow way calls for an investment and opportunity mindset. However, the largest investment will need to be in innovation not innovation you pay for but innovation from
How Managers Can Thrive in Waves of Change
Author: Dutch Holland
Publisher: Xlibris Corporation
ISBN: 1477118322
Category : Business & Economics
Languages : en
Pages : 127
Book Description
Thriving in Times of Increasing Change Never before have organizations faced an environment as turbulent and as difficult as this one. Businesses must change the way they are doing business now to a new way that will work for them in the future. While major organizational change was once the exception, it is now the rule . . . and organizations will have to be very good at organizational change to thrive in the new business environment. Profound changes are on the way Todays businesses are bracing for change. Waves of regulatory requirements are coming in increasing amounts and intensity. Competition is more intense and coming from every direction. Customers no longer will settle for yesterdays products, services, or levels of quality. Things are challenging out there, and businesses can no longer simply hunker down and weather the storm. Many predict that todays storm is tomorrows business environment, an environment in which we must be able to thrive . . . or die. Adding to the assault, many business leaders are shocked at how much change is likely to be required in such a short period of time. No longer is it a question of if or when huge waves of change will hit, its a matter of how well organizations are positioned to effectively navigate and even flourish in the changes. Waves of change are already hitting the beach, and their strength is almost certain to build. Its too late for a bunker mentality. Out of the bunkers and into . . . what? Companies cannot stay in their bunkers forever. Sooner or later they must come out and face the music. That means they must come out and change the way they do business in order to fit into the turbulent world. Change is no longer an option but change the way they do business to what? Companies coming out have two options; options that are as different as night and day. Surviving: The intuitively-obvious way The focus of doing business just to survive is logical and intuitively obvious. It has companies adopting and/or adapting survival tactics as the core of their new way. They limit the changes they make to just get over the survival threshold. Process changes are most likely very conservative: patches, glue-ons, work-arounds, tweaks, fix and repair rather than replace, emergency repairs rather than preventive maintenance, etc. all pursued in an atmosphere of severe cost cutting and staffing layoffs. While risk management may be a goal, survival-oriented companies try to dodge every risk regardless of the risk-rewards, taking away almost all of their undeveloped opportunities that might be sources of new life for the company. Unfortunately, the slogan of this new way of doing business might be out of the frying pan and into the fire. Thriving: The straight and narrow way The focus of this new way of doing business will be positioning the organization so that it will thrive . . . even in a nasty business environment. The first step in moving toward a thriving business will be to set a vision that is designed to separate the company from the middle-of-the-road pack of competitors. This way of doing business will require the company to improve all work processes that could translate into a competitive edge. Processes must be advanced beyond best practices to an industry leading position. This way of doing business calls for investment in the best available technology that enables the companys core processes, in equipment upgrades where possible, expansion of employee responsibilities, provision of aggressive training on key skills that support core work processes, and more. All of these actions will require energy and resources as the straight and narrow way calls for an investment and opportunity mindset. However, the largest investment will need to be in innovation not innovation you pay for but innovation from
Publisher: Xlibris Corporation
ISBN: 1477118322
Category : Business & Economics
Languages : en
Pages : 127
Book Description
Thriving in Times of Increasing Change Never before have organizations faced an environment as turbulent and as difficult as this one. Businesses must change the way they are doing business now to a new way that will work for them in the future. While major organizational change was once the exception, it is now the rule . . . and organizations will have to be very good at organizational change to thrive in the new business environment. Profound changes are on the way Todays businesses are bracing for change. Waves of regulatory requirements are coming in increasing amounts and intensity. Competition is more intense and coming from every direction. Customers no longer will settle for yesterdays products, services, or levels of quality. Things are challenging out there, and businesses can no longer simply hunker down and weather the storm. Many predict that todays storm is tomorrows business environment, an environment in which we must be able to thrive . . . or die. Adding to the assault, many business leaders are shocked at how much change is likely to be required in such a short period of time. No longer is it a question of if or when huge waves of change will hit, its a matter of how well organizations are positioned to effectively navigate and even flourish in the changes. Waves of change are already hitting the beach, and their strength is almost certain to build. Its too late for a bunker mentality. Out of the bunkers and into . . . what? Companies cannot stay in their bunkers forever. Sooner or later they must come out and face the music. That means they must come out and change the way they do business in order to fit into the turbulent world. Change is no longer an option but change the way they do business to what? Companies coming out have two options; options that are as different as night and day. Surviving: The intuitively-obvious way The focus of doing business just to survive is logical and intuitively obvious. It has companies adopting and/or adapting survival tactics as the core of their new way. They limit the changes they make to just get over the survival threshold. Process changes are most likely very conservative: patches, glue-ons, work-arounds, tweaks, fix and repair rather than replace, emergency repairs rather than preventive maintenance, etc. all pursued in an atmosphere of severe cost cutting and staffing layoffs. While risk management may be a goal, survival-oriented companies try to dodge every risk regardless of the risk-rewards, taking away almost all of their undeveloped opportunities that might be sources of new life for the company. Unfortunately, the slogan of this new way of doing business might be out of the frying pan and into the fire. Thriving: The straight and narrow way The focus of this new way of doing business will be positioning the organization so that it will thrive . . . even in a nasty business environment. The first step in moving toward a thriving business will be to set a vision that is designed to separate the company from the middle-of-the-road pack of competitors. This way of doing business will require the company to improve all work processes that could translate into a competitive edge. Processes must be advanced beyond best practices to an industry leading position. This way of doing business calls for investment in the best available technology that enables the companys core processes, in equipment upgrades where possible, expansion of employee responsibilities, provision of aggressive training on key skills that support core work processes, and more. All of these actions will require energy and resources as the straight and narrow way calls for an investment and opportunity mindset. However, the largest investment will need to be in innovation not innovation you pay for but innovation from
Rogue Waves: Future-Proof Your Business to Survive and Profit from Radical Change
Author: Jonathan Brill
Publisher: McGraw Hill Professional
ISBN: 1264257163
Category : Business & Economics
Languages : en
Pages : 368
Book Description
“An actionable framework for driving change.”—Adam Grant Will the next rogue wave sink your ship—or will you choose to profit from it? At this moment, rogue waves are forming under your business. Emerging technologies, changing demographics, the data economy, automation, and other trends—the undercurrents of radical, systemic change—are crashing into each other. When they converge, they’ll produce sea changes that sink companies and wash away entire industries overnight. If your competitor can’t ride out the next wave and you can, you win. In Rogue Waves, Jonathan Brill—a renowned expert on resilient growth and decision making under uncertainty—shows you how to prepare your business to survive and thrive through the most radical upheavals. Drawing on years of experience as a Fortune 500 innovation executive, advisor, and entrepreneur, Brill delivers a practical action plan to: Identify and capitalize on the 10 economic, technological, and social trends that will collide to reshape your business Turn sudden threats into outsized opportunities Create a culture of entrepreneurship and experimentation Build and scale leadership skills and processes to supercharge your company’s agility and adaptability This must-read survival guide provides the predictive tools you need to take advantage of randomness, turn chaos into profit, and set your company on the course for long-term success.Resilience is your new strategy for growth.
Publisher: McGraw Hill Professional
ISBN: 1264257163
Category : Business & Economics
Languages : en
Pages : 368
Book Description
“An actionable framework for driving change.”—Adam Grant Will the next rogue wave sink your ship—or will you choose to profit from it? At this moment, rogue waves are forming under your business. Emerging technologies, changing demographics, the data economy, automation, and other trends—the undercurrents of radical, systemic change—are crashing into each other. When they converge, they’ll produce sea changes that sink companies and wash away entire industries overnight. If your competitor can’t ride out the next wave and you can, you win. In Rogue Waves, Jonathan Brill—a renowned expert on resilient growth and decision making under uncertainty—shows you how to prepare your business to survive and thrive through the most radical upheavals. Drawing on years of experience as a Fortune 500 innovation executive, advisor, and entrepreneur, Brill delivers a practical action plan to: Identify and capitalize on the 10 economic, technological, and social trends that will collide to reshape your business Turn sudden threats into outsized opportunities Create a culture of entrepreneurship and experimentation Build and scale leadership skills and processes to supercharge your company’s agility and adaptability This must-read survival guide provides the predictive tools you need to take advantage of randomness, turn chaos into profit, and set your company on the course for long-term success.Resilience is your new strategy for growth.
Riding the Waves of Change
Author: Gareth Morgan
Publisher: Jossey-Bass
ISBN:
Category : Business & Economics
Languages : en
Pages : 248
Book Description
Every day managers feel the impact of technological advances, market fluctuations, and changing employee values. Morgan shows how managers can develop the competencies that will enable them to anticipate change, use it effectively and flourish in a business world marked by constant flux.
Publisher: Jossey-Bass
ISBN:
Category : Business & Economics
Languages : en
Pages : 248
Book Description
Every day managers feel the impact of technological advances, market fluctuations, and changing employee values. Morgan shows how managers can develop the competencies that will enable them to anticipate change, use it effectively and flourish in a business world marked by constant flux.
Accelerating Change with Organizational Project Management
Author: Dutch Holland
Publisher: Xlibris Corporation
ISBN: 1483679489
Category : Business & Economics
Languages : en
Pages : 319
Book Description
THE NEW PARADIGM FOR CHANGE: ONE ORGANIZATION WITH TWO MANAGEMENT SYSTEMS Todays business organization must Run-the-Business to hit this years profit targets and simultaneously Change-the-Business to be able to hit next years profit targets. In the new change paradigm, an organization must have both a Run-the-Business Management System and a parallel Change-the-Business Management System. This book focuses on the Change-the-Business System, called Organizational Project Management (OPM), that continuously performs: Visioning: Designing better futures for the organization Portfolio Management: Allocating resources to create capabilities for the futures Program Management: Leading initiatives to build capabilities Project Management: Using best minds to design capabilities. Change Engineering: Integrating capabilities into operations.
Publisher: Xlibris Corporation
ISBN: 1483679489
Category : Business & Economics
Languages : en
Pages : 319
Book Description
THE NEW PARADIGM FOR CHANGE: ONE ORGANIZATION WITH TWO MANAGEMENT SYSTEMS Todays business organization must Run-the-Business to hit this years profit targets and simultaneously Change-the-Business to be able to hit next years profit targets. In the new change paradigm, an organization must have both a Run-the-Business Management System and a parallel Change-the-Business Management System. This book focuses on the Change-the-Business System, called Organizational Project Management (OPM), that continuously performs: Visioning: Designing better futures for the organization Portfolio Management: Allocating resources to create capabilities for the futures Program Management: Leading initiatives to build capabilities Project Management: Using best minds to design capabilities. Change Engineering: Integrating capabilities into operations.
Lean Success Methodology
Author: Dutch Holland
Publisher: Xlibris Corporation
ISBN: 1493157493
Category : Business & Economics
Languages : en
Pages : 251
Book Description
LEAN SUCCESS METHODOLOGY How to make Lean solutions Stick! By Dutch Holland, PhD & Duke Rohe, BSIE Why do most Lean projects fail to produce business value? They dont fail because of the Lean tools and techniques. They fail because the organization does not use a proven methodology for implementation! This book provides a methodology for implementing Lean: a comprehensive roadmap, a set of methods, rules, and important ideas plus a set of step-by-step procedures for Implementing Lean. The book contains the following 1. An implementation road map with steps from problem analysis to Business Value. 2. The practical and integrated Implementation steps that have been proven to work. a. What is each Step? b. Why take this Step? c. Who should lead this Step? d. How do I accomplish this Step effectively & efficiently? e. How do I keep track of all the steps needed for implementation of a Lean solution? You dont have to be afraid of change any longer! Dutchs work offers entertaining simple solutions that will help you move swiftly and efficiently through the growing pains of organizational change, says Ken Blanchard. Are you using a proven methodology for your Lean implementations?
Publisher: Xlibris Corporation
ISBN: 1493157493
Category : Business & Economics
Languages : en
Pages : 251
Book Description
LEAN SUCCESS METHODOLOGY How to make Lean solutions Stick! By Dutch Holland, PhD & Duke Rohe, BSIE Why do most Lean projects fail to produce business value? They dont fail because of the Lean tools and techniques. They fail because the organization does not use a proven methodology for implementation! This book provides a methodology for implementing Lean: a comprehensive roadmap, a set of methods, rules, and important ideas plus a set of step-by-step procedures for Implementing Lean. The book contains the following 1. An implementation road map with steps from problem analysis to Business Value. 2. The practical and integrated Implementation steps that have been proven to work. a. What is each Step? b. Why take this Step? c. Who should lead this Step? d. How do I accomplish this Step effectively & efficiently? e. How do I keep track of all the steps needed for implementation of a Lean solution? You dont have to be afraid of change any longer! Dutchs work offers entertaining simple solutions that will help you move swiftly and efficiently through the growing pains of organizational change, says Ken Blanchard. Are you using a proven methodology for your Lean implementations?
Change Management: the New Way
Author: Deborah Salvo
Publisher: Xlibris Corporation
ISBN: 1479749249
Category : Business & Economics
Languages : en
Pages : 299
Book Description
With 70% of change projects not meeting management expectations, can we conclude that the current way of doing change management works well (or even works at all)? Do we need a New Way to make organizational change happen? Yes, it is time. This book identifies ten new ways that can be used to make change management more effectively and efficiently. One of the ten ways is the use of the theater metaphor. If you want to change a play, you must start by selecting and communicating a new script to your theater company. If you want to change an organization, you must start by communicating to organization members a new vision of where the organization needs to be at some future time. If you want to change the play, you must put actors under contract for the new play and rehearse them until they can perform their roles perfectly. If you want to change an organization, workers must be under agreement to perform to new job descriptions and goals and be trained in new work processes and new technology. And so it goes Using your life-long familiarity with the idea of a "play, you will be able to make organizational change happen flawlessly. This book will show you how to excel at leading change, from either a management position or from an assignment as a change professional. This book is designed to put managers and change professionals "on the same page for leading change, using simple practical ideas and metaphors, backed by proven bodies of knowledge from management, the behavioral sciences and the theater. "You dont have to be afraid of change any longer! Dutchs work offers entertaining and simple solutions that will help you move swiftly and efficiently through the growing pains of organizational change. Ken Blanchard, author of The Secret and The One Minute Manager.
Publisher: Xlibris Corporation
ISBN: 1479749249
Category : Business & Economics
Languages : en
Pages : 299
Book Description
With 70% of change projects not meeting management expectations, can we conclude that the current way of doing change management works well (or even works at all)? Do we need a New Way to make organizational change happen? Yes, it is time. This book identifies ten new ways that can be used to make change management more effectively and efficiently. One of the ten ways is the use of the theater metaphor. If you want to change a play, you must start by selecting and communicating a new script to your theater company. If you want to change an organization, you must start by communicating to organization members a new vision of where the organization needs to be at some future time. If you want to change the play, you must put actors under contract for the new play and rehearse them until they can perform their roles perfectly. If you want to change an organization, workers must be under agreement to perform to new job descriptions and goals and be trained in new work processes and new technology. And so it goes Using your life-long familiarity with the idea of a "play, you will be able to make organizational change happen flawlessly. This book will show you how to excel at leading change, from either a management position or from an assignment as a change professional. This book is designed to put managers and change professionals "on the same page for leading change, using simple practical ideas and metaphors, backed by proven bodies of knowledge from management, the behavioral sciences and the theater. "You dont have to be afraid of change any longer! Dutchs work offers entertaining and simple solutions that will help you move swiftly and efficiently through the growing pains of organizational change. Ken Blanchard, author of The Secret and The One Minute Manager.
Complexity, Management and the Dynamics of Change
Author: Elizabeth McMillan
Publisher: Routledge
ISBN: 1134115121
Category : Business & Economics
Languages : en
Pages : 256
Book Description
Introducing the principles of complexity science, this innovative text illustrates how different kinds of organizational can become more effective, democratic and sustainable by using these powerful ideas.
Publisher: Routledge
ISBN: 1134115121
Category : Business & Economics
Languages : en
Pages : 256
Book Description
Introducing the principles of complexity science, this innovative text illustrates how different kinds of organizational can become more effective, democratic and sustainable by using these powerful ideas.
IMPLEMENTING A CULTURE of SAFETY
Author: DUTCH HOLLAND,PHd & SCOTT SHEMWELL,DBA
Publisher: Xlibris Corporation
ISBN: 1493151517
Category : Business & Economics
Languages : en
Pages : 416
Book Description
Implementing a Culture of Safety Deepwater production of oil and gas takes place in one of the world's most hazardous and dangerous environments a place where operating in a pervasive Culture of Safety is not an option but an absolute requirement. Why? A deepwater disaster could be as horrific as a release of a multi-megaton nuclear weapon! A single deepwater player, making a poor decision, could cause an accident the size of a multi-megaton disaster! The number of vitally-interested stakeholders has mushroomed, and they are mad! The number of participants in the development of a billion dollar asset has skyrocketed! Energy executives now have everything at stake when responsible for a god-like, megaton disaster! To stay safe and productive, energy companies must step up their game with new and improved ways of operating: High Reliability Organizations Strong-Bond Governance Asset Integrity Management Integrated Operations Authorization, e.g., Two-Key Requirements Surrounded by a true Culture of Safety. The heart of the matter is to design a valid Culture of Safety and then implement it on target, on time and on budget!
Publisher: Xlibris Corporation
ISBN: 1493151517
Category : Business & Economics
Languages : en
Pages : 416
Book Description
Implementing a Culture of Safety Deepwater production of oil and gas takes place in one of the world's most hazardous and dangerous environments a place where operating in a pervasive Culture of Safety is not an option but an absolute requirement. Why? A deepwater disaster could be as horrific as a release of a multi-megaton nuclear weapon! A single deepwater player, making a poor decision, could cause an accident the size of a multi-megaton disaster! The number of vitally-interested stakeholders has mushroomed, and they are mad! The number of participants in the development of a billion dollar asset has skyrocketed! Energy executives now have everything at stake when responsible for a god-like, megaton disaster! To stay safe and productive, energy companies must step up their game with new and improved ways of operating: High Reliability Organizations Strong-Bond Governance Asset Integrity Management Integrated Operations Authorization, e.g., Two-Key Requirements Surrounded by a true Culture of Safety. The heart of the matter is to design a valid Culture of Safety and then implement it on target, on time and on budget!
How Managers Can Thrive in Waves of Change
Author: Dutch Holland
Publisher: Xlibris Corporation
ISBN: 9781477118306
Category : Business & Economics
Languages : en
Pages : 128
Book Description
Thriving in Times of Increasing Change Never before have organizations faced an environment as turbulent and as difficult as this one. Businesses must change the way they are doing business now to a new way that will work for them in the future. While major organizational change was once the exception, it is now the rule . . . and organizations will have to be very good at organizational change to thrive in the new business environment. Profound changes are on the way Today's businesses are bracing for change. Waves of regulatory requirements are coming in increasing amounts and intensity. Competition is more intense and coming from every direction. Customers no longer will settle for yesterday's products, services, or levels of quality. Things are "challenging" out there, and businesses can no longer simply hunker down and weather the storm. Many predict that today's storm is tomorrow's business environment, an environment in which we must be able to thrive . . . or die. Adding to the assault, many business leaders are shocked at how much change is likely to be required in such a short period of time. No longer is it a question of if or when huge waves of change will hit, it's a matter of how well organizations are positioned to effectively navigate and even flourish in the changes. Waves of change are already hitting the beach, and their strength is almost certain to build. It's too late for a "bunker mentality." Out of the bunkers and into . . . what? Companies cannot stay in their bunkers forever. Sooner or later they must come out and face the music. That means they must come out and change the way they do business in order to fit into the turbulent world. Change is no longer an option but change the way they do business to what? Companies coming out have two options; options that are as different as night and day. Surviving: The intuitively-obvious way The focus of doing business just to survive is logical and intuitively obvious. It has companies adopting and/or adapting survival tactics as the core of their new way. They limit the changes they make to just get over the survival threshold. Process changes are most likely very conservative: patches, "glue-ons," work-arounds, tweaks, "fix and repair" rather than replace, emergency repairs rather than preventive maintenance, etc. all pursued in an atmosphere of severe cost cutting and staffing layoffs. While risk management may be a goal, survival-oriented companies try to dodge every risk regardless of the risk-rewards, taking away almost all of their undeveloped opportunities that might be sources of new life for the company. Unfortunately, the slogan of this new way of doing business might be "out of the frying pan and into the fire." Thriving: The straight and narrow way The focus of this new way of doing business will be positioning the organization so that it will thrive . . . even in a nasty business environment. The first step in moving toward a thriving business will be to set a vision that is designed to separate the company from the middle-of-the-road pack of competitors. This way of doing business will require the company to improve all work processes that could translate into a competitive edge. Processes must be advanced beyond "best practices" to an industry leading position. This way of doing business calls for investment in the best available technology that enables the company's core processes, in equipment upgrades where possible, expansion of employee responsibilities, provision of aggressive training on key skills that support core work processes, and more. All of these actions will require energy and resources as the straight and narrow way calls for an investment and opportunity mindset. However, the largest investment will need to be in innovation not innovation you pay for but innovation from
Publisher: Xlibris Corporation
ISBN: 9781477118306
Category : Business & Economics
Languages : en
Pages : 128
Book Description
Thriving in Times of Increasing Change Never before have organizations faced an environment as turbulent and as difficult as this one. Businesses must change the way they are doing business now to a new way that will work for them in the future. While major organizational change was once the exception, it is now the rule . . . and organizations will have to be very good at organizational change to thrive in the new business environment. Profound changes are on the way Today's businesses are bracing for change. Waves of regulatory requirements are coming in increasing amounts and intensity. Competition is more intense and coming from every direction. Customers no longer will settle for yesterday's products, services, or levels of quality. Things are "challenging" out there, and businesses can no longer simply hunker down and weather the storm. Many predict that today's storm is tomorrow's business environment, an environment in which we must be able to thrive . . . or die. Adding to the assault, many business leaders are shocked at how much change is likely to be required in such a short period of time. No longer is it a question of if or when huge waves of change will hit, it's a matter of how well organizations are positioned to effectively navigate and even flourish in the changes. Waves of change are already hitting the beach, and their strength is almost certain to build. It's too late for a "bunker mentality." Out of the bunkers and into . . . what? Companies cannot stay in their bunkers forever. Sooner or later they must come out and face the music. That means they must come out and change the way they do business in order to fit into the turbulent world. Change is no longer an option but change the way they do business to what? Companies coming out have two options; options that are as different as night and day. Surviving: The intuitively-obvious way The focus of doing business just to survive is logical and intuitively obvious. It has companies adopting and/or adapting survival tactics as the core of their new way. They limit the changes they make to just get over the survival threshold. Process changes are most likely very conservative: patches, "glue-ons," work-arounds, tweaks, "fix and repair" rather than replace, emergency repairs rather than preventive maintenance, etc. all pursued in an atmosphere of severe cost cutting and staffing layoffs. While risk management may be a goal, survival-oriented companies try to dodge every risk regardless of the risk-rewards, taking away almost all of their undeveloped opportunities that might be sources of new life for the company. Unfortunately, the slogan of this new way of doing business might be "out of the frying pan and into the fire." Thriving: The straight and narrow way The focus of this new way of doing business will be positioning the organization so that it will thrive . . . even in a nasty business environment. The first step in moving toward a thriving business will be to set a vision that is designed to separate the company from the middle-of-the-road pack of competitors. This way of doing business will require the company to improve all work processes that could translate into a competitive edge. Processes must be advanced beyond "best practices" to an industry leading position. This way of doing business calls for investment in the best available technology that enables the company's core processes, in equipment upgrades where possible, expansion of employee responsibilities, provision of aggressive training on key skills that support core work processes, and more. All of these actions will require energy and resources as the straight and narrow way calls for an investment and opportunity mindset. However, the largest investment will need to be in innovation not innovation you pay for but innovation from
What’s Wrong With Management and How to Get It Right
Author: Tony Manning
Publisher: Penguin Random House South Africa
ISBN: 1770229000
Category : Business & Economics
Languages : en
Pages : 311
Book Description
In today’s rapidly changing and increasingly complex world, companies everywhere struggle to meet new challenges and continue to underperform – and despite churning out a constant stream of theories and tools, the management ideas industry has made little progress in advancing management thought. In his latest book, top strategy consultant Tony Manning brings managers the insights and advice they need for the coming decades of turbulence and hyper competition. Drawing lessons from 100 years of management history, plus his own extensive research and experience, he shows how management’s frenetic quest for “silver bullets” has led to confusion and complexity rather than clarity and simplicity. And he identifies eight critical strategy practices that apply to every company everywhere, and explains how to use them. This fascinating and practical guide is a must-read for anyone interested in improving business results.
Publisher: Penguin Random House South Africa
ISBN: 1770229000
Category : Business & Economics
Languages : en
Pages : 311
Book Description
In today’s rapidly changing and increasingly complex world, companies everywhere struggle to meet new challenges and continue to underperform – and despite churning out a constant stream of theories and tools, the management ideas industry has made little progress in advancing management thought. In his latest book, top strategy consultant Tony Manning brings managers the insights and advice they need for the coming decades of turbulence and hyper competition. Drawing lessons from 100 years of management history, plus his own extensive research and experience, he shows how management’s frenetic quest for “silver bullets” has led to confusion and complexity rather than clarity and simplicity. And he identifies eight critical strategy practices that apply to every company everywhere, and explains how to use them. This fascinating and practical guide is a must-read for anyone interested in improving business results.