Business transformation is a change management strategy to define a bold ambition that goes beyond incremental change to generate new value. It involves strategic decisions that affect where the company will grow, how it operates, and what kinds of performance improvements are expected.
Business Transformation Approach
Grasp the Situation – Assessment of the current results of the organization including the business environment, financial, network, process and culture
Analysis of Current State and Financials
Strategy Deployment – Short and long term goals and strategies
Value Stream Management System – Map the process, identify constraints and bottlenecks in the business and apply progressive measures and metrics
Lean Management System – Establish business visual controls, implement Leader Standard Work, visual controls, accountability and discipline to sustain gains
Benefits of Transforming Your Business
Maximize Profitability
Better alignment of systems to drive ideal,
principle-based behaviors
Significant improvements to flow, reduce variation, reduction
and elimination of waste, improved on-time delivery, productivity, and quality.
Seven Steps to Organizational Excellence
STRATEGY DEPLOYMENT SYSTEM
STEP 1:
Grasp the Situation
- Vision
- Corporate Diagnosis
- Strategic Information
- Market Research (IBIS World Reports)
- Firm Valuation (CoreValue)
STEP 2:
Current State and Financial Analysis
- Business Environment
- Finances
- Network
- Processes
- Culture
STEP 3:
Short- and Long-term Objectives, Goals and Strategies
- 5 Bold Steps
- Gameplan
- Cash-Flow Proforma
- Sales Projections
VALUE STREAM MGT SYSTEM
STEP 4:
Map Processes;
Information and Material Flow
- Product Family Throughput & Break-Even Analysis
- 80/20 Sales Volume
- Box Score
STEP 5:
Identify Constraints and Bottlenecks;
Measures and Metrics
- Throughput $
- Investments
- Operating Expenses
- ROI
- Net Profit
LEAN MGT SYSTEM
STEP 6:
Establish Improvement Method and Business Visual Controls
- Lean Six Sigma
- Theory of Constraints
- Planning & Scheduling
- ISO Systems
- Supply Chain Optimization
STEP 7:
Leader Standard Work;
Process Visual Controls;
Accountability; Discipline
- Shingo Guiding Principles
- Toyota KATA
- TWI
- Catchball
TOOLS AND TECHNIQUES
The Shingo Model provides a powerful framework designed to guide the transformation of an organization’s culture toward achieving ideal results.
