SMAS National Conference th September 2016 Investment ... · 8th September 2016 Investment Workshop...

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SMAS National Conference 8 th September 2016 Investment Workshop T. Lapsley Lamond And Murray Ltd. 09/09/2016 Lamond and Murray Ltd. 1

Transcript of SMAS National Conference th September 2016 Investment ... · 8th September 2016 Investment Workshop...

SMASNationalConference8th September2016

InvestmentWorkshopT.Lapsley

LamondAndMurrayLtd.09/09/2016 LamondandMurrayLtd. 1

Introductions2008– 2011DIRECTORTECHNOLOGYDEVELOPMENT

1989– 2007PROCESSDEVELOPMENTENGINEERINGMANAGER

2013– TODATEOPERATIONSMANAGER

2011– 2013MANUFACTURINGPRACTITIONER

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WhyChange?

CaseStudy

Reflection– Q&A

WorkshopAgenda (Part1of2)

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A– Strong/successfulchangeprograminplacewithstructuredinvestmentandcontinuous improvementacrossallbusinessprocesses

B– Changeprogram inplacetargetingimprovements inoneortwobusinessprocesses,notlimited tomanufacturing– generallyhappywithresults

C– Limitedimprovement activitywhichtackleproblemsasandwhentheyoccur,typicallyinmanufacturing processes– needtodomore

D– Ad-hocfirefighting activitylimitedonlytomanufacturingprocesses– adequateforthenatureofthebusiness

E– Notapplicable

Vote– Pre-workshopconsensus,changemanagement.Whichstatementbelowbestdescribesyourorganisation……

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F1Car2016

F1Car1960’s

Whatdoesittaketostayintherace?

WhyChange?

Canyouaffordtostandstill?

OnJune29,2007thefirstiPhonewasreleased.

SourceBBCJuly2012:“Nokiamadelossesof1.41bneuros(£1.1bn) inthelastquarterasthemobile phonemakerlostmoremarketsharetoSamsungandApple”.

+ =

CUSTOMER

VOCMARKET

USP

COMPETITION

CHEAPER,BETTER,FASTER,SMARTER

ENGAGE/TRAIN/DEVELOP DEVELOP&INVEST

DELIVERTODAY,DEVELOPFORTOMORROW

STRATEGY

EMPLOYEES

~1yearcontinuousimprovementcycle

DIRECTORS&MANAGEMENT

TEAM

Invest&Develop ???

3~5YEARS

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Readyforchange?- VoteA – Stronglyagree,B – Agree,C – Disagree,D – StronglyDisagree,E – Don’tKnow

i. Business aspirations ofkeystakeholdersareclearlysetandcommunicated(3~5yearbusiness plan)

ii. Company regularlybenchmarks performancetoindustrybests – knowsthecompetitionandmarketposition

iii. Improvementplans andtargetsalignedwithstakeholderaspirations

iv. Staffposses thenecessaryskills, knowledgeandexperiencetodeliverimprovement

v. Measuresestablished – canclearlymeasureperformancev’s target

vi. Performancereviewedregularly,actionsagreedandimplementedinatimelymanner

vii. Success recognisedandrewarded

Management,Systems&Processes

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Readyforchange?

Management,Systems&Processes

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URGENT NOTURGENT

IMPO

RTAN

T 1Ø CrisesØ Pressing ProblemsØ FirefightingØ MajorscrapandreworkØ Deadline-driven projects

2Ø PreventionØ Production capability activitiesØ Relationship buildingØ Recognising newopportunitiesØ PlanningØ Re-invent/investment

NOTIM

PORTAN

T 3Ø InterruptionsØ Some callsØ Some mailsØ Some reportsØ Some meetingsØ Popular activitiesØ Somescrapandrework

4Ø TriviaØ Busy workØ Some mailØ Some phonecallsØ Time wastersØ Pleasant activities

ADayInTheLifeOf……….

ExtractfromThe7Habitsofhighlyeffectivepeople.StephenR.Covey

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Vote- OrganisationBehaviours&Culture

A1– MostlyQuadrant2

A2– MixbetweenQuadrant1&2

B1– MostlyQuadrant1

B2– MixBetweenQuadrants1&3

C– MostlyQuadrant3

D– MixbetweenQuadrants3&4

E– MostlyQuadrant4

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Readyforchange?

OrganisationBehaviours&Culture

Management,Systems&Processes

Ad-hoc,unlikelytosucceed,limitedandunsustainable

Targetfocussed,successful,actioncentredandsustainable

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AnneLapsleyCo-Founder&MD(2003)

AdamLapsley(2006)

GregorLapsley(2007)

FraserLapsley(2011)

T.LapsleyCo-Founder&Investor(2003)

LapsleyandMarshallPartnershipEst.2003

CaseStudy

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TheTeamAdam

‘TheInventor’2015STEMSpecialLeadersAward

Gregor

‘What’sInItforMe’?Showmethemoney!

Fraser

‘TheCompetitor’Winatallcost!

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TheTeam– StrengthsandweaknessesAdam

‘TheInventor’2015STEMSpecialLeadersAward

Gregor

‘What’sInItforMe’?Showmethemoney!

Fraser

‘TheCompetitor’Winatallcost!

• Strengths: Young,enthusiastic…..

• Weaknesses: Knowledge/experience,focus

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ThePlan

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ManagementControl&Review

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ManagementControl&Review

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1921 1981 1995 2000 2004 2011 2014 2015

CompanyHistory– KeyMilestones

Companyfounded

The“Lamray”20h.p.Main&TailRopeHaulageGear

Sunderland G250

Spur, Helical&DoubleHelicalGearsto2.5mtr.

GearBoxRefurbishment

CNCGearGrinding

SMAS– LeanJourney,5SWorkshop Organisation

CNCLathes&GearCutting

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SMAS– WorkshopOrganisation(5S)- Before

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SMAS– WorkshopOrganisation(5S)- After

1921 1981 1995 2000 2004 2011 2014 2015

CompanyHistory– KeyMilestones

Companyfounded

The“Lamray”20h.p.Main&TailRopeHaulageGear

Sunderland G250

Spur, Helical&DoubleHelicalGearsto2.5mtr.

GearBoxRefurbishment

CNCGearGrinding

SMAS– LeanJourney,5SWorkshopOrganisation

CNCLathes&GearCutting

ERPSoftwareInstall

NewCNCP2000Hobber

CNC Machining Centres with live tooling

BMS Temperature Controlled Gear Grinding Hall ± 2oC

3D Modelling with CAD / CAM

ERP ‘Quote to Cash’ with Live Job Tracking

Gearbox manufacture / overhaul and Reverse Engineering ISO 9001 : 2008 QMSGear Design

CNC Gear Hobbingto ∅ 2000 mm O/D

Since 1921

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Reflection?

TheVision- R.O.I.

SWOT

ManagementControl&Review– P.D.C.A.

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Reflection– VotingandComment– Performanceratingoutof10

1. TheVision/Communication– score/comments

2.SWOT– TheTeam,capabilityandconstraints– score/comments

3.Managementcontrolandreview– score/comments

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Whatseedsshouldyoubeplanting?

WorkshopAgenda(Part2)- Vote

IwouldliketoattendafollowupfacilitatedworkshoponThursday3rdNovember2016,locationandtimingstobeconfirmed.Shareimprovementplans,identifyconstraints,andexploreopportunitiesforguidanceandsupport.– responses:

1)Yes– sendmedetailsofthesession,2)Tentative– sendmedetailsofthesession,3)Nothankyou.