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Driving strategy to execution

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  • 1. Driving Strategy to Execution1 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 2. HIGHLIGHTS Driving Strategy to Execution Operations and supply chain executives have to create and drive strategies that anticipate future challenges while addressing immediate issues. The more accurate and complete the strategic roadmap, the more effective execution will be. A successful strategic plan is a dynamic, living document of Actions which can reflect new goals and ideas The way to create such a plan is through a process called Strategy Alignment and Deployment, or SA&D.2 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 3. Three Requirements for SA&D A Consistent Organization-Wide Methodology • To avoid confusion at the local level, you need to develop a consistent planning methodology for the entire company as the first step in aligning all elements of the organization. This is often referred to as Leader Standard Work, or LSW. A Robust Governance System • To ensure success, you must institute a governance system to track progress against a critical few key performance metrics. You’ll want enterprise level metrics for each overall “breakthrough objective” and its corresponding “annual improvement priority.” A Change Management Plan • If your plan requires significant realignment, youll need to mitigate potential resistance by implementing SA&D first in groups that are not averse to change. Then you can use their improved performance to influence change- averse groups.3 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 4. Models for Success Hoshin Kanri’s Model S2E (Strategy to Execution) It reinforces on S2E defines the high-level strategic parameters Plan Do Supplier Input Process Act Check Customer Output This model focusses on four key It then works out the details of the perspectives: Financial, Customer, strategy via priorities, goals, and Internal Processes, and Learning and objective statements. Each objective Growth. A scorecard is used to track statement is assigned a list of tasks to progress and support the governance be accomplished and given a clear system metric that can be monitored. Regardless of which model you select, you will want to develop a three- to five-year plan and develop a rolling strategy. It allows you to focus on the big picture and align activities with larger goals and objectives.4 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 5. An SA&D Turnaround Story A major high-tech Company lacked They developed LSW processes for organizational strategic alignment. identifying and governing a collection of Utilizing the S2E model, the group initiatives around their pain points. The identified objectives & metrics that output was a consistent organization-wide aligned with the companys goals. LSW methodology for identifying & executing initiatives. This became the foundation for a robust governance. The company used Lean & Six Sigma In the final change management plan, (LSS) to realign the organization with LSS provided the structure and was used metrics & initiatives that focused on their to drive initiative execution. Within a year, specific pain points. This required change not only had the organization been management and Lean training and team- transformed and resolved its issues, but based Rapid Improvement Events(RIEs). there was an unexpected result.5 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 6. Driving for Success Focus and utilize a top management committee as SA&D and change management are moved forward Select and utilize a consistent organization-wide SA&D methodology based on LSW Develop and utilize a robust governance system that keeps the change management process on track Identify meaningful, motivation-based metrics to track Incorporate a change management plan, possibly based on LSS, to drive the SA&D initiatives toward execution6 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 7. Conclusion  SA&D is not an overnight fix, but it’s a sustainable, even transformative one  Those who stick with it will achieve their strategic plans goals and objectives on the path of becoming the most competitive organization in their industry  SA&D aligns a strategy with all areas of an organization and then guides its execution. In other words SA&D turns talk into goal-oriented action  Driving strategy to execution is a big undertaking, so it’s important to remember that most organizations require several iterations—years, essentially—of execution to become proficient in the SA&D process7 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 8. For more details please visit the link below: http://www.wipro.com/Documents/resource- center/driving_strategy_to_execution.pdf8 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 9. About Wipro Consulting Services Wipro Consulting Services helps companies solve todays business issues while thinking ahead to future challenges and opportunities. As a business unit of Wipro Technologies, one of the worlds leading providers of integrated consulting, technology and outsourcing solutions, we bring value to our clients through end-to-end business transformation – think, build and operate. Our model for the includes implementing lean process transformation, exploiting new technology, optimizing human capital and physical assets and structuring next generation partnering agreements that create value and win/win business outcomes for our clients. For more information, visit www.wipro.com/consulting or contact us by email at wcs.info@wipro.com9 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 10. About Wipro Council for Industry Research Wipro set up the Council for Industry Research, comprised of domain and technology experts from the organization, to address the needs of customers. It specifically surveys innovative strategies that will help customers gain competitive advantage in the market. The Council, in collaboration with leading academic institutions and industry bodies, studies market trends to help equip organizations with insights to facilitate their IT and business strategies. For more information on the Research Council visit www.wipro.com/insights or mail wipro.insights@wipro.com10 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 11. About Wipro Technologies Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology” – helping clients create successful and adaptive businesses. A company recognised globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has over 135,000 employees and clients across 54 countries. For more information, please visit www.wipro.com11 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 12. Thank You ©Wipro Limited, 2012. All rights reserved. For more information visit www.wipro.com No part of this document may be reproduced in whole or in part without the written permission of the authors. Wipro is not liable for any business outcome based on the views presented in this document. For specific implementation clients should take advise from their client engagement manager.12 © 2012 WIPRO LTD | WWW.WIPRO.COM