Organizational diagnostics to ensure business sustainability
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Transcript of Organizational diagnostics to ensure business sustainability
Organization Organization DiagnosisDiagnosis
Executive Consultants
Sustainability. For generations to come.
What is Medical Checkup?What is Medical Checkup?Medical Check-up
Doctors/Experts
• Physician• Cardiologists• Orthopedic• ENT• Psychiatrist• Gynecologist• Ophthalmic• Dietician
Reports
Prognosis & Prescription(Lifestyle / Medical)
Obs
erva
tions
• Why?• What?• Whom?• When?• Where?
Laboratory
Blood / Patho Samples
Kidney / Liver Profile
CholesterolLipid profileHb / HiV
What is Organization What is Organization Diagnosis?Diagnosis?
Organizational Check-up
Prognosis
Readings & Recommendations(Operational / Strategic)
Audited BSMIS Reports
Statutory Filings
Data IntegrationAnalysisListings• Factory Visits
• Interviews• Functional Scrutiny
• Marketing• Production• HR• Finance/Accounts• Systems• Statutory
Observations
We bring domain experts to your We bring domain experts to your doorstep.doorstep.
What is Organization Diagnosis?What is Organization Diagnosis? An An auditaudit of all aspects of functioning of an organization. of all aspects of functioning of an organization. Spherical (360Spherical (360°x°x360360°) review of a company.°) review of a company. Fault finding with a difference – Fault finding with a difference –
– facing brutal facts / root cause of the problem.facing brutal facts / root cause of the problem.– finding solution / scope of improvement. finding solution / scope of improvement.
Identifying strengths/enablers.Identifying strengths/enablers. Identifying issues of concern for Sustainability.Identifying issues of concern for Sustainability. How?How? By specific review by experts ofBy specific review by experts of
line functions (purchase, production, marketing)line functions (purchase, production, marketing) staff functions (hr, accounts, admin)staff functions (hr, accounts, admin) enablers (business development, MIS, technology & enablers (business development, MIS, technology &
research, retention initiatives..)research, retention initiatives..) strengths (process, control structures, location strengths (process, control structures, location
advantage..)advantage..) dove-tailing of long term goals with operational strategies dove-tailing of long term goals with operational strategies
WhyWhyOrganization Diagnosis?Organization Diagnosis?
• Establish efficiency of organization in Establish efficiency of organization in meeting contemporary challenges…meeting contemporary challenges…
• Ensure Survival / Sustainability…Ensure Survival / Sustainability…
• Strategic directions for Performance Strategic directions for Performance and Growthand Growth
FUNDAMENTAL ISSUES IN MANAGEMENT PRACTICE
Who needs Organization Who needs Organization Diagnosis? Diagnosis?
Businesses with urge to improve and growBusinesses with urge to improve and grow Unsustainable / Stagnating / Saturated Unsustainable / Stagnating / Saturated
OrganizationsOrganizations Family Owned wanting to ProfessionalizeFamily Owned wanting to Professionalize Over Diversified Companies Over Diversified Companies Cash flow positive for Growth AvenuesCash flow positive for Growth Avenues Organizations facing downturn or Organizations facing downturn or
bankruptcybankruptcy Rapid Diagnosis with online
SWOT Assessment. Through Diagnosis with
operational audit.
Benefits to the OrganizationBenefits to the Organization
Operational Operational Cost Control / Cash flowCost Control / Cash flow Improved Grip on BusinessImproved Grip on Business Better work Better work
culture/retentionculture/retention Clarity on deliverables.Clarity on deliverables.
Strategic: Strategic: Clear Direction (Go / No Go)Clear Direction (Go / No Go) Road map for sustainable Road map for sustainable
growthgrowth
Instant payback: Online
performance enhancement during the OD study.
On spot problem solving clues from the audit.
O. D. Studies / ReportsO. D. Studies / ReportsNature/Type of Industries Served
• Chemicals / Specialty Chemicals & allied • Design & Engineering Services• DG Sets Manufacturing• Education Complex (In progress)• FMCG Regional Player• Garments & Fabric Design• Hospital (+ 100 years old)• Industrial Glass Equipment• Lubricants for Petroleum products• Publishing House• Plastic Processing• Self Adhesive Labels & Printing
Why TMSS ?Why TMSS ? Network of executive consultants with hands on Network of executive consultants with hands on
experienceexperience Extendable network to include domain expertsExtendable network to include domain experts Perfected the Art of OD over the yearsPerfected the Art of OD over the years 16 Organizations served (1 Ongoing)16 Organizations served (1 Ongoing) >250 Yrs of Combined Experience>250 Yrs of Combined Experience Thorough understanding & study of HR as key to Thorough understanding & study of HR as key to
success/failuresuccess/failure Customer Centric ApproachCustomer Centric Approach Integrity & ConfidentialityIntegrity & Confidentiality Single source of experts on all functions.Single source of experts on all functions. 50 % of OD assignments followed by Implementation 50 % of OD assignments followed by Implementation
Support or Professional Management in last six years.Support or Professional Management in last six years.
## Recommendations Recommendations Consolidate Operations from four to maximum Consolidate Operations from four to maximum
two locations to save costtwo locations to save cost Invest in people rather than projects to Invest in people rather than projects to
overcome stagnation of many yearsovercome stagnation of many years Promoter to work hands offPromoter to work hands off
## Outcome Outcome TMSS assigned professional management of TMSS assigned professional management of
the unit .the unit . Turnover grew over 4.5 times & profits to 5 Turnover grew over 4.5 times & profits to 5
times over in 4 yearstimes over in 4 years Imported an ongoing project.Imported an ongoing project.
OD upshotOD upshotCo. in business since 1980s and stagnating. Co. in business since 1980s and stagnating.
## Recommendations Recommendations Implement Quality Management System and Implement Quality Management System and
Lean Manufacturing conceptsLean Manufacturing concepts Design & implement MIS for better control on Design & implement MIS for better control on
business performance & directionsbusiness performance & directions Organization Development for change in work Organization Development for change in work
cultureculture
## Outcome Outcome TMSS assigned implementation support for ISO-TMSS assigned implementation support for ISO-
LEAN-MIS-OD combined.LEAN-MIS-OD combined. Organization growth switched to +50 % CAGR in Organization growth switched to +50 % CAGR in
3 years versus +15 % CAGR in prior 4 years3 years versus +15 % CAGR in prior 4 years
OD upshotOD upshotCo. in manufacturing with high growth potential. Co. in manufacturing with high growth potential.
## RecommendationsRecommendations Organization restructuring with compensation Organization restructuring with compensation
revamprevamp Construct 3-5 years Business Plan with min. 50 % Construct 3-5 years Business Plan with min. 50 %
CAGR Growth; possible given the market CAGR Growth; possible given the market conditionsconditions
Valuation of business providing leads to the right Valuation of business providing leads to the right price of the unitprice of the unit
## Outcome Outcome Breakthrough for client finding an overseas buyer Breakthrough for client finding an overseas buyer
at a price to client satisfaction at a price to client satisfaction
OD upshotOD upshotDesign and engineering services organization.Design and engineering services organization.
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Phone: +91 (265) 239 6675 • Tele Fax: +91 (265) 239 6540Email: [email protected]
http://www.tmssindia.com
CONTACT
Prem Sagar Chhabra: +91 98240 86155