World Class Organization WORLD CLASS ORGANIZATIONS FORMATION, TRAITS AND  ROLE OF LEADERSHIP
What is a world class organization <ul><li>An organization that makes a distinctive impact and delivers superior performan...
What is a world class organization contd.. <ul><ul><li>Mergers and acquisitions play virtually no role in igniting a trans...
Traits and characteristics <ul><li>Level 5 Leadership </li></ul><ul><li>First who then what </li></ul><ul><li>Disciplined ...
Level 5 Leadership <ul><li>Characteristics </li></ul><ul><ul><li>Personal Humility </li></ul></ul><ul><ul><li>Professional...
World class leaders <ul><li>Great leaders’ first priority is getting ‘right people’, not right path </li></ul><ul><li>Put ...
World class leaders…. <ul><li>Not “genius with a thousand followers” but the whole group is world-class </li></ul><ul><li>...
Confronting Brutal Facts <ul><li>Let the truth be heard. This can be done by </li></ul><ul><ul><li>Asking Questions </li><...
<ul><li>Never lose faith despite difficulties </li></ul><ul><li>Have the right set of people </li></ul><ul><li>Charismatic...
The Hedgehog concept <ul><li>Hedgehog  a genetic mix between a  porcupine and a small armadillo </li></ul><ul><li>The worl...
Contd….. <ul><li>Hedgehog simplifies a complex world into simple organizing idea, a concept that unifies and guides everyt...
Contd…….. What you are deeply Passionate about What you can be the best in the world at What drives your economic engine
Contd….. <ul><li>Hedgehog concept on a average takes four years </li></ul><ul><li>It is an iterative process by the counci...
The Hedgehog concept The Council All guided by the three circles An iterative processs Ask questions Dialogue & Debate Exe...
Stage 3: A Culture of discipline
Good to Great? <ul><li>A culture of freedom and responsibility. </li></ul><ul><li>Select self-disciplined people. </li></u...
 
Going from good to great…..
NUCOR’S THREE CIRCLES
The Role of Technology <ul><li>Major role in transforming a good  organisation  to a great  organisation </li></ul><ul><li...
The Real Question???  <ul><li>What is the Role of technology?  NO </li></ul><ul><li>How do World-class orgs think differen...
<ul><li>Major role in transforming a good  organisation  </li></ul><ul><li>to a world class  organisation </li></ul><ul><l...
Contd… <ul><li>It is not the technology, but the pioneering application of carefully selected technology! </li></ul>
Features of  World-class organisation <ul><li>Think differently about technology & its changes </li></ul><ul><li>Avoid tec...
Contd… <ul><li>Never  begin their transitions with pioneering  </li></ul><ul><li>technologies, yet become pioneers in its ...
WALMART & Technology <ul><li>Universal Bar Code </li></ul><ul><li>RFID (Radio Frequency Identification)  </li></ul>Instead...
Questions that need to be asked <ul><li>Does the technology fit directly with your Hedgehog Concept?  </li></ul><ul><li>Do...
Why other companies fail <ul><li>Concentration on Media and paparazzi </li></ul><ul><li>Try to skip the arduous build up s...
The Transformation <ul><li>Cumulative, step by step process </li></ul><ul><li>No single defining action </li></ul><ul><li>...
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Hpl Ppt Nikhil Garg

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Hpl Ppt Nikhil Garg

  1. 1. World Class Organization WORLD CLASS ORGANIZATIONS FORMATION, TRAITS AND ROLE OF LEADERSHIP
  2. 2. What is a world class organization <ul><li>An organization that makes a distinctive impact and delivers superior performance over a long period of time. </li></ul><ul><li>Myths about world class organizations </li></ul><ul><ul><li>Strategy per se does not separate world class organization </li></ul></ul><ul><ul><li>Technology and technology driven change has nothing to do with igniting a transformation </li></ul></ul>
  3. 3. What is a world class organization contd.. <ul><ul><li>Mergers and acquisitions play virtually no role in igniting a transformation </li></ul></ul><ul><ul><li>They had no name, tag line, launch event, or program to signify their transformations. </li></ul></ul>
  4. 4. Traits and characteristics <ul><li>Level 5 Leadership </li></ul><ul><li>First who then what </li></ul><ul><li>Disciplined thought </li></ul><ul><li>Disciplined Action </li></ul><ul><li>Building Greatness to Last </li></ul>
  5. 5. Level 5 Leadership <ul><li>Characteristics </li></ul><ul><ul><li>Personal Humility </li></ul></ul><ul><ul><li>Professional Will </li></ul></ul><ul><ul><li>Ambitious </li></ul></ul><ul><ul><li>Fanatically driven </li></ul></ul><ul><ul><li>Modest </li></ul></ul>
  6. 6. World class leaders <ul><li>Great leaders’ first priority is getting ‘right people’, not right path </li></ul><ul><li>Put the right people in right slots </li></ul><ul><li>Easy to change the direction, not the people </li></ul><ul><li>When in doubt, don’t hire </li></ul><ul><li>Change the people immediately, if needed </li></ul>
  7. 7. World class leaders…. <ul><li>Not “genius with a thousand followers” but the whole group is world-class </li></ul><ul><li>Rigorous, not ruthless </li></ul><ul><li>Do not churn more, churn better </li></ul><ul><li>Do not rush to judgment </li></ul><ul><li>Debate vigorously for best answers yet unify behind decisions </li></ul>
  8. 8. Confronting Brutal Facts <ul><li>Let the truth be heard. This can be done by </li></ul><ul><ul><li>Asking Questions </li></ul></ul><ul><ul><li>Healthy dialogue without coercion </li></ul></ul><ul><ul><li>Avoid blame games </li></ul></ul>
  9. 9. <ul><li>Never lose faith despite difficulties </li></ul><ul><li>Have the right set of people </li></ul><ul><li>Charismatic leader- Asset/Liability </li></ul><ul><li>Do not de-motivate by hiding facts. </li></ul>
  10. 10. The Hedgehog concept <ul><li>Hedgehog a genetic mix between a porcupine and a small armadillo </li></ul><ul><li>The world divided into two groups hedgehogs and foxes </li></ul><ul><li>Fox knows too many things but hedgehog knows one big thing </li></ul>
  11. 11. Contd….. <ul><li>Hedgehog simplifies a complex world into simple organizing idea, a concept that unifies and guides everything </li></ul><ul><li>Hedgehogs see what is essential and ignores everything </li></ul><ul><li>The hedgehog concept is a deep understanding of three intersecting circles </li></ul>
  12. 12. Contd…….. What you are deeply Passionate about What you can be the best in the world at What drives your economic engine
  13. 13. Contd….. <ul><li>Hedgehog concept on a average takes four years </li></ul><ul><li>It is an iterative process by the council The right people </li></ul><ul><li>Engage in brutal facts and debate </li></ul><ul><li>infused with brutal facts </li></ul><ul><li>guided by questions formed by circle </li></ul>
  14. 14. The Hedgehog concept The Council All guided by the three circles An iterative processs Ask questions Dialogue & Debate Executive decisions Autopsies &analysis
  15. 15. Stage 3: A Culture of discipline
  16. 16. Good to Great? <ul><li>A culture of freedom and responsibility. </li></ul><ul><li>Select self-disciplined people. </li></ul><ul><li>No tyrannical disciplinarian. </li></ul><ul><li>Adhere with great consistency to the Hedgehog Concept, exercising an almost religious focus on the intersection of the three circles. </li></ul><ul><li>  </li></ul>
  17. 18. Going from good to great…..
  18. 19. NUCOR’S THREE CIRCLES
  19. 20. The Role of Technology <ul><li>Major role in transforming a good organisation to a great organisation </li></ul><ul><li>The key lies in absorbing new technology </li></ul><ul><li>Obsolescence is the key word </li></ul><ul><li>Organisation can evolve or perish due to technology </li></ul><ul><li>Adopt pioneering technology </li></ul>
  20. 21. The Real Question??? <ul><li>What is the Role of technology? NO </li></ul><ul><li>How do World-class orgs think differently about technology? YES </li></ul>
  21. 22. <ul><li>Major role in transforming a good organisation </li></ul><ul><li>to a world class organisation </li></ul><ul><li>But it has to be backed by a stable strategy & focus </li></ul><ul><li>The key lies in continual learning & reinventing </li></ul><ul><li>Relevance of technology is the key word </li></ul><ul><li>Technology bubbles </li></ul><ul><li>Accelerator of momentum, not a creator of it </li></ul>Technology Accelera tors
  22. 23. Contd… <ul><li>It is not the technology, but the pioneering application of carefully selected technology! </li></ul>
  23. 24. Features of World-class organisation <ul><li>Think differently about technology & its changes </li></ul><ul><li>Avoid technology fads & bandwagons </li></ul><ul><li>Ignore hype & fear </li></ul><ul><li>Frontrunner at all times – updated with the latest </li></ul><ul><li>technology </li></ul><ul><li>Adaptability through multiple generations of </li></ul><ul><li>technological change & emerge great </li></ul><ul><li>Adopt advanced technology to accelerate </li></ul><ul><li>momentum </li></ul>
  24. 25. Contd… <ul><li>Never begin their transitions with pioneering </li></ul><ul><li>technologies, yet become pioneers in its application </li></ul><ul><li>Try to fit technology within the World-class </li></ul><ul><li>organisations’ 3 circles </li></ul><ul><li>Identifying relevant technologies & become fanatical </li></ul><ul><li>and creative in its application </li></ul><ul><li>Motivated by deep creative urge & an inner </li></ul><ul><li>compulsion for sheer unadulterated excellence </li></ul><ul><li>for its own sake </li></ul>
  25. 26. WALMART & Technology <ul><li>Universal Bar Code </li></ul><ul><li>RFID (Radio Frequency Identification) </li></ul>Instead of piling up of files for information storage Universal Bar Code & RFID
  26. 27. Questions that need to be asked <ul><li>Does the technology fit directly with your Hedgehog Concept? </li></ul><ul><li>Does it need to become a pioneer in the application of that technology? </li></ul><ul><li>If no, then do they need the technology at all? </li></ul><ul><li>If yes, then all they need is parity? </li></ul><ul><li>If no, then the technology is irrelevant, and you can ignore it. </li></ul>
  27. 28. Why other companies fail <ul><li>Concentration on Media and paparazzi </li></ul><ul><li>Try to skip the arduous build up stage </li></ul><ul><li>Seek single defining moment </li></ul><ul><li>Misguided use of Acquisitions </li></ul><ul><li>Wrong selection of leaders </li></ul><ul><li>Wrong reasoning Process </li></ul><ul><li>Do not Learn from past results </li></ul>
  28. 29. The Transformation <ul><li>Cumulative, step by step process </li></ul><ul><li>No single defining action </li></ul><ul><li>Looks dramatic from outside </li></ul><ul><li>Accumulates momentum and build up </li></ul><ul><li>Patience and Discipline required </li></ul><ul><li>No Proclamation of Big Goals </li></ul><ul><li>Goal builds itself </li></ul>

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