Organisation Competitiveness Index All India Report_2014

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Organization Competitiveness Index © (OCI) Unfreezing The Belief To Transform Insights from “Organization Competitiveness Index” Study - An India Perspective If, Managers - the change catalysts, do not believe that their organization is competitive, comprehensively striving and that it has the potential to do well in the future, they are less likely to wholly participate in any business transformation effort, thus minimizing the impact of the change management initiatives

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What % of your managers truly believe your organisation will do well in the future and is competitive ? Do you know that 63% organisation initiatives fail to achieve expected results wasting millions each year ? In the statistically most reliable and valid study done across over 1186 Indian managers we found just 35% Indian managers strongly agreeing that their organisation will achieve success in future. Only 29% Indian managers strongly agreed that their organisation is competitive. Astonishing it is to find out such low belief factor which results in lack of commitment, passion and involvement by managers in the organisational initiatives leading to their failure Pre assess Belief of your managers. Find out the reasons for low belief factor.

Transcript of Organisation Competitiveness Index All India Report_2014

Page 1: Organisation Competitiveness Index All India Report_2014

Organization Competitiveness Index © (OCI)

Unfreezing The B e l i e f To

T r a n s f o r mInsights from “Organization Competitiveness Index” Study

- An India Perspective

If, Managers - the change catalysts, do not believe that their organization is competitive, comprehensively striving and that it has the potential to do well in the future, they are less likely to wholly participate in any business transformation effort, thus minimizing the impact of the change management initiatives

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Organization Competitiveness Index © (OCI)

Organizational Competitiveness Index (OCI) was developed after comprehensive research and statistical validation of each element of the construct to present a First of its kind inventory.

It assesses the Belief in Organization Competitiveness amongst Managers

Developing OCI has entailed comprehensive discussions with CEOs, CXOs, and Functional Heads for over 3 years.

The statistical reliability and validity of OCI has been well established

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Organization Competitiveness Index © (OCI)

Organization Competitiveness Index (OCI) – 18 StatementsThe most reliable and valid inventory to pre-assess the Managerial Belief Factor

Org

aniza

tion’

s Co

mpe

titive

ness

Alignment with the Organization’s Goals

Leadership and Culture

Resource Capability and Motivation

Customer Sensitivity

Man

ager

ial C

urre

nt

and

Futu

re B

elie

f

2 Statements

4 Statements

4 Statements

5 Statements

3 Statements

*External factors (regulatory framework, Govt. policies, funding availability etc.) which may impact competitiveness of an organization have been excluded.

Conceptual Framework

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Organization Competitiveness Index © (OCI)

Approach

All India Baseline Data (1186 Respondents)

Representative Sample across India

Sample consisting of Private Sector Managers (84%) and Public Sector Managers (16%)

Construct tested for Content Validity before administration

Paper-Pen Survey and Online survey approach used

Wide coverage: Responding Managers from both large MNCs and MSMEs

Approach

Inventory’s Cronbach's Alpha* = 0.89 which indicates very strong internal consistency, reliability & validity of the inventory

Analysis

Junior Management 29%Middle Management 49%Senior Management 22%

Female 24%Male 76%

21-24 years 7%25-29 years 29%30-34 years 29%35-45 years 27%>45 years 8%

Managerial Hierarchy

Gender

Age

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Organization Competitiveness Index © (OCI)

Construct of OCI

How does a responding Manager view his Organization’s Competitiveness and its ability to excel in future

Organization Competitiveness

Leadership & Culture

Customer Sensitivity & Operational Excellence

Alignment with

Organizational Goals

Resource Capability & Motivation

The Second Segment comprises of 16 Statements categorized into 4 Factors that Impact the Competitiveness of an Organization

The First Segment comprises of 2

Statements

Assessing Belief Factor

NOW FUTUREPAST

B E L I E F

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Organization Competitiveness Index © (OCI)

Organization Competitiveness

Leadership & Culture

Customer Sensitivity

& Operational Excellence

Alignment with

Organizational Goals

Resource Capability & Motivation

NOW FUTUREPAST

B E L I E F

Managerial Belief – Current and Future

The single biggest factor rendering transformation efforts ineffectual is the “Low Belief” amongst Managers about competitiveness of their Organization.

Current Belief

Future Belief

32 25 34 29

ALL

32 33 44 35

My Organization is extremely competitive and is at par with the best in the industry

My Organization has done well in the past and will achieve success in the future

Junior Middle SeniorManagerial Hierarchy

% o f M a n a g e r s S t r o n g l y A g r e e i n g

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Organization Competitiveness Index © (OCI)

Alignment with the Organization’s goals

19 16 17 17

Junior Middle Senior ALL

20 32 42 31

Everyone in the Organization is contributing equally to its success

I am able to contribute my best to the Organization

I am accountable for the success and failure of my Organization

The vision and mission of my Organization has been shared with every employee of the Company

20 27 38 27

30 35 33 33

Managerial Hierarchy

% o f M a n a g e r s S t r o n g l y A g r e e i n g

Organization Competitiveness

Leadership & Culture

Customer Sensitivity

& Operational Excellence

Alignment with

Organizational Goals

Resource Capability & Motivation

NOW FUTUREPAST

B E L I E F

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Organization Competitiveness Index © (OCI)

Leadership & Culture

21 27 32 26

Junior Middle Senior ALL

20 22 23 22

I see myself growing in this Organization

Leaders in my Organization nurture new ideas and empower employees

All employees in the Organization are motivated and committed to their work

My Organization adheres to strict ethical code of conduct in all its business transactions

14 15 10 13

35 36 29 34

Managerial Hierarchy

% o f M a n a g e r s S t r o n g l y A g r e e i n g

Organization Competitiveness

Leadership & Culture

Customer Sensitivity

& Operational Excellence

Alignment with

Organizational Goals

Resource Capability & Motivation

NOW FUTUREPAST

B E L I E F

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Organization Competitiveness Index © (OCI)

Organization Competitiveness

Leadership & Culture

Customer Sensitivity

& Operational Excellence

Alignment with

Organizational Goals

Resource Capability & Motivation

NOW FUTUREPAST

B E L I E F

Resource Capability & Motivation

28 28 38 30

Junior Middle Senior ALL

22 20 19 20

Over the last six months, I have done significant improvements in my area of work

My Organization has people who are well qualified and best fit for their job

My supervisor reviews me regularly and provides valuable feedback to improve in my area of work

I am clear about my role and responsibilities

25 25 23 25

29 37 42 36

Managerial Hierarchy

My Organization has people-friendly and fair policies which motivate me to perform better

20 17 21 19

% o f M a n a g e r s S t r o n g l y A g r e e i n g

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Organization Competitiveness Index © (OCI)

Organization Competitiveness

Leadership & Culture

Customer Sensitivity

& Operational Excellence

Alignment with

Organizational Goals

Resource Capability & Motivation

NOW FUTUREPAST

B E L I E F

Customer Sensitivity and Operational Excellence

25 24 36 27

Junior Middle Senior ALL

20 18 15 18

My colleagues and seniors are sensitive to customer requirements

Our customers are extremely satisfied with our product/services

We deliver quality product and services to our customers

32 33 32 32

Managerial Hierarchy

% o f M a n a g e r s S t r o n g l y A g r e e

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Organization Competitiveness Index © (OCI)

Leaders in my Organization nurture new ideas and empower employees

Statements to which Managers (> 70% responses) Did Not Strongly Agree, suggests the area of improvement for the Indian Corporate Environment

I am able to contribute my best to the Organization

Everyone in the Organization is contributing equally to its success

The vision and mission of my Organization has been shared with every employee of the company

We deliver quality product and services to our customers

My colleagues and seniors are sensitive to customer requirements

Our customers are extremely satisfied with our product/services

My Organization adheres to strict ethical code of conduct in all its business transactions

I see myself growing in this Organization

My Organization has people friendly and fair policies which motivate me to perform better

My Organization has people who are well qualified and best fit for their job.

Startling insights of Indian Managers "Belief Factor"

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Organization Competitiveness Index © (OCI)

A Complete 360 degree view of OCI

Junior Middle Senior

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Organization Competitiveness Index © (OCI)

OCI deployment

Pre-Assess the Managerial “BELIEF Factor” by deploying OCI in your Organization. Get insights and create a strong action plan to:- Develop a positive Organization culture- Align team members to Organization’s objectives- Increase team cohesiveness and performance- Boost overall motivation and employee productivity- Develop Citizenship behavior amongst employees

Deploy OCI free of cost* by sending us an e-mail at [email protected], [email protected]

Or Call us at • Mumbai: +917709002301, +919769211499• Delhi NCR: +9910007171, +919716029519

* Benchmarking report is chargeable