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BIG   FAT INDIAN WEDDING
         M for MANAGEMENT, M for MARRIAGE




                            PRESENTED BY:
                                ASHISH KAPOOR
The Journey…


 McKinsey 7S Framework for Strategy


 The 7 Elements


 Project Management and PRINCE2


 Videos and Pictures
The McKinsey 7S Framework

 Developed in the early 1980s by Tom Peters and Robert
  Waterman, two consultants working at the McKinsey &
  Company consulting firm.
 The basic premise of the model is that there are seven
  internal aspects of an organization that need to be
  aligned if it is to be successful.
 The McKinsey 7S model can be applied to elements of a
  team or a project. This is useful to:
    Improve the performance of a company
    Align departments or processes
    Implement a proposed strategy
The McKinsey 7S Model
The Seven Elements
Hard Elements                      Soft Elements
Strategy                           Shared Values
Structure                          Skills
Systems                            Style
                                   Staff


Hard Elements
     Easier to define and identify
     Tangible and management can directly influence them
Soft Elements
     More difficult to describe
     Less tangible and more influenced by culture
Strategy

“The plan devised to maintain and build competitive
advantage over the competition.”


 The JV partners should be preferably of the same caste
  and SHOULD be of the same religion
 The BRAND is extremely important.
    The GUY's brand is stamped by educational qualifications
     and salary package that one has.
    The GIRL's brand is stamped by the number of qualities she
     possesses (which are cooking, cooking and cooking). The
     world knows INDIANS love their food.
    The fluency of English will be a very important factor for a
     great brand image.
Structure

  “The way the organization is structured and who reports to
  whom“


   Authority and relationship between the individuals;
    Centralized or decentralized decision making
   This is the make or break round for the marriage – caste
    system, astrology, planetary movements etc…
   The ROI or Net IRR is equivalent to the number of planets
    that match in the horoscope or the castes of the JV partners
   Similar to the business case, the project will be a “Good to
    Go” if the above figures look good to the management.
Systems
“The daily activities and processes that staff members engage
to get the work done.”
 Project Management:
     Planning
     Delegation
     Outsource
 People Management, Logistics & Supply Chain
     Average number of people per wedding are about 500
     Management of diverse people. Come to think of it, every peson
      who has organized an Indian wedding has potential CEO skills!
 Disaster Management
     When the power back up goes off, when the drinking water gets
      over, when the food plates fall way too short, better still, when
      the women of the house come late from the beauty parlor…you
      better have a Plan B under your sleeves!
     Believe it or not, but India has one of the best process of
      disaster management. May it be the Commonwealth Games
      2010 or else an Indian wedding, problems are bound to happen.
      The best part is that everything works at the end of the day…
Systems…What is a Project?


 A unique endeavour to produce a set of deliverables
  within clearly specified time, cost and quality
  constraints. Projects are:


    Unique
    Defined timescale
    Approved Budget
    Limited Resources
    Element of Risk
System…What is Project Management?


 Project Management is the skills, tools and management
  processes required to undertake a project successfully.
  Project Management comprises of:


    A set of SKILLS
        Business Analysts, Project Managers, Risk Analysts…

    A suite of TOOLS
        Document templates, modelling tools, planning software…

    A series of PROCESSES
        Time management, cost management, change management…
Systems…Project Management Triangle
A Project…Indian wedding?

 A unique endeavour to produce a set of deliverables
  within clearly specified time, cost and quality
  constraints. Projects are:
    Scope
        On an average 4-5 functions over 2 week
        Mostly a scope creep in terms of guests

    Schedule
        Deadline oriented with fixed dates

    Resources
        Generally family based; on occasion wedding planners

    Cost
        Budgets range from $ 34000 - $ 2 million
        Average Australian wedding costs $ 30,000
Systems…PRINCE2 Project Management Methodology
Skills

  “The actual skills and competencies of the employees working
  for the company”


   Arranged Marriage v/s Love Marriage
   Networking is the key to a good marriage alliance in India.
       Guy and Girl are the business model or the idea
       Parents are the angel investors or project sponsors
       Management aka parents at both sides should finally sign off on
        this project
Style
“The style of leadership adopted”
 A definite top-down approach generally from the girl's
  side (the girls parents will arrange/fund the wedding).
 The other style is throw money, some more money and
  loads of money - 5 star hotels, high class make-up
  artists, luxury resorts, helicopters getting gifted, big
  shot politicians & film stars in your marriage- that’s the
  ticket to get one's marriage video footage in the
  newspapers!
     Average cost of an Indian wedding being $ 34000 --> $ 2
      million. The equivalent Aussie figure being $ 30000.
     However, Vanisha Mittal’s (daughter of steel magnate -
      Lakshmi Mittal) $ 78 million wedding still is the epitome of a
      GRAND Indian Style Wedding
Style…$ 78 Million Indian Wedding




PS: In case of any difficulties viewing this
presentation, please click on the link
http://www.youtube.com/watch?v=uKOc-acrtkU
Staff
“The employees and their general capabilities”


 CEO: The father
 Board of Directors: The Brother Hood of Fathers
 Advisory Council: The Bride – After all, everything HAS to happen
  the way she wants it!
 Visiting Dignitaries: The cousins from abroad specially USA and
  London (that will have the maximum number of Indian population).
 PR Manager – The Person who ensures that the wedding pics are
  published in Page 3 of Mumbai/Delhi/Bangalore Times
 Operations: The young guys – they are after all expected to run
  around and gain experience. Only then can they be promoted to the
  Board of Directors in future!
 The Underperformers: Are the ones who are generally drunk all
  through the wedding rituals – the non-working employees.
 CSR In-Charge: It’s still a very nascent idea in India, but
  nevertheless, there are people in families who ensure that left over
  food is not thrown out and instead given to the needy people or
  cows.
Shared Values
“These are the core values of the company that are
evidenced in the corporate culture and the general work
ethic”


    The corporate culture
    Belief, attitude and passion
    Thoughts and opinion
    Shared Values are the biggest connecting factor between
     organizations, projects, teams, religion and countries. And
     not to forget an Indian wedding.
    The important point is to understand these shared values
     and more importantly the cross cultural sensitivities in
     today’s multi cultural and global environment.
Some memories…
It starts with the dancing…
On the horse…
Clash of the Titans…
Greeting the groom…
Here comes the princess…
The garland exchange…
The Marriage…
And they live happily ever after…

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Indian marriage pm_v0.3

  • 1. BIG FAT INDIAN WEDDING M for MANAGEMENT, M for MARRIAGE PRESENTED BY: ASHISH KAPOOR
  • 2. The Journey…  McKinsey 7S Framework for Strategy  The 7 Elements  Project Management and PRINCE2  Videos and Pictures
  • 3. The McKinsey 7S Framework  Developed in the early 1980s by Tom Peters and Robert Waterman, two consultants working at the McKinsey & Company consulting firm.  The basic premise of the model is that there are seven internal aspects of an organization that need to be aligned if it is to be successful.  The McKinsey 7S model can be applied to elements of a team or a project. This is useful to:  Improve the performance of a company  Align departments or processes  Implement a proposed strategy
  • 5. The Seven Elements Hard Elements Soft Elements Strategy Shared Values Structure Skills Systems Style Staff Hard Elements  Easier to define and identify  Tangible and management can directly influence them Soft Elements  More difficult to describe  Less tangible and more influenced by culture
  • 6. Strategy “The plan devised to maintain and build competitive advantage over the competition.”  The JV partners should be preferably of the same caste and SHOULD be of the same religion  The BRAND is extremely important.  The GUY's brand is stamped by educational qualifications and salary package that one has.  The GIRL's brand is stamped by the number of qualities she possesses (which are cooking, cooking and cooking). The world knows INDIANS love their food.  The fluency of English will be a very important factor for a great brand image.
  • 7. Structure “The way the organization is structured and who reports to whom“  Authority and relationship between the individuals; Centralized or decentralized decision making  This is the make or break round for the marriage – caste system, astrology, planetary movements etc…  The ROI or Net IRR is equivalent to the number of planets that match in the horoscope or the castes of the JV partners  Similar to the business case, the project will be a “Good to Go” if the above figures look good to the management.
  • 8. Systems “The daily activities and processes that staff members engage to get the work done.”  Project Management:  Planning  Delegation  Outsource  People Management, Logistics & Supply Chain  Average number of people per wedding are about 500  Management of diverse people. Come to think of it, every peson who has organized an Indian wedding has potential CEO skills!  Disaster Management  When the power back up goes off, when the drinking water gets over, when the food plates fall way too short, better still, when the women of the house come late from the beauty parlor…you better have a Plan B under your sleeves!  Believe it or not, but India has one of the best process of disaster management. May it be the Commonwealth Games 2010 or else an Indian wedding, problems are bound to happen. The best part is that everything works at the end of the day…
  • 9. Systems…What is a Project?  A unique endeavour to produce a set of deliverables within clearly specified time, cost and quality constraints. Projects are:  Unique  Defined timescale  Approved Budget  Limited Resources  Element of Risk
  • 10. System…What is Project Management?  Project Management is the skills, tools and management processes required to undertake a project successfully. Project Management comprises of:  A set of SKILLS  Business Analysts, Project Managers, Risk Analysts…  A suite of TOOLS  Document templates, modelling tools, planning software…  A series of PROCESSES  Time management, cost management, change management…
  • 12. A Project…Indian wedding?  A unique endeavour to produce a set of deliverables within clearly specified time, cost and quality constraints. Projects are:  Scope  On an average 4-5 functions over 2 week  Mostly a scope creep in terms of guests  Schedule  Deadline oriented with fixed dates  Resources  Generally family based; on occasion wedding planners  Cost  Budgets range from $ 34000 - $ 2 million  Average Australian wedding costs $ 30,000
  • 14. Skills “The actual skills and competencies of the employees working for the company”  Arranged Marriage v/s Love Marriage  Networking is the key to a good marriage alliance in India.  Guy and Girl are the business model or the idea  Parents are the angel investors or project sponsors  Management aka parents at both sides should finally sign off on this project
  • 15. Style “The style of leadership adopted”  A definite top-down approach generally from the girl's side (the girls parents will arrange/fund the wedding).  The other style is throw money, some more money and loads of money - 5 star hotels, high class make-up artists, luxury resorts, helicopters getting gifted, big shot politicians & film stars in your marriage- that’s the ticket to get one's marriage video footage in the newspapers!  Average cost of an Indian wedding being $ 34000 --> $ 2 million. The equivalent Aussie figure being $ 30000.  However, Vanisha Mittal’s (daughter of steel magnate - Lakshmi Mittal) $ 78 million wedding still is the epitome of a GRAND Indian Style Wedding
  • 16. Style…$ 78 Million Indian Wedding PS: In case of any difficulties viewing this presentation, please click on the link http://www.youtube.com/watch?v=uKOc-acrtkU
  • 17. Staff “The employees and their general capabilities”  CEO: The father  Board of Directors: The Brother Hood of Fathers  Advisory Council: The Bride – After all, everything HAS to happen the way she wants it!  Visiting Dignitaries: The cousins from abroad specially USA and London (that will have the maximum number of Indian population).  PR Manager – The Person who ensures that the wedding pics are published in Page 3 of Mumbai/Delhi/Bangalore Times  Operations: The young guys – they are after all expected to run around and gain experience. Only then can they be promoted to the Board of Directors in future!  The Underperformers: Are the ones who are generally drunk all through the wedding rituals – the non-working employees.  CSR In-Charge: It’s still a very nascent idea in India, but nevertheless, there are people in families who ensure that left over food is not thrown out and instead given to the needy people or cows.
  • 18. Shared Values “These are the core values of the company that are evidenced in the corporate culture and the general work ethic”  The corporate culture  Belief, attitude and passion  Thoughts and opinion  Shared Values are the biggest connecting factor between organizations, projects, teams, religion and countries. And not to forget an Indian wedding.  The important point is to understand these shared values and more importantly the cross cultural sensitivities in today’s multi cultural and global environment.
  • 20. It starts with the dancing…
  • 22. Clash of the Titans…
  • 24. Here comes the princess…
  • 27. And they live happily ever after…

Editor's Notes

  1. The way the model is presented in Figure 1 below depicts the interdependency of the elements and indicates how a change in one affects all the others.
  2. "Hard" elements are easier to define or identify and management can directly influence them: These are strategy statements; organization charts and reporting lines; and formal processes and IT systems.
  3. http://www.youtube.com/watch?v=uKOc-acrtkU