[vc_row][vc_column][vc_column_text] According to SCOR Reference Model there are three main supply chains or we could say three main supply chain strategies (make-to-stock, make-to-order, and engineer-to-order). As we are showing those strategies must be aligned with manufacturing and marketing/sales strategy. Despite SCOR mention…
A Framework to Asses and Monitor Turnaround Processes
[vc_row][vc_column][vc_column_text] There are two frameworks focus on the theory that a company to perform properly need to be aligned in some important hard and soft elements. The “Star Model” was created by Jay Galbraith in the 1960s. This framework remains important…
Time for Turnaround: Why does the turnaround decision use to be delayed?
[vc_row][vc_column][vc_column_text] Many times CEOs used to protect their management responsibility delaying turnaround with different “strategies”: Arguing that is a conjectural stage Arguing that is a marketplace situation Using “accounting engineering” to cover the problem during some while Recognizing that a company…
Time for Turnaround
[vc_row][vc_column][vc_column_text] In economy we can talk about recession when continued decline in economic activity for two or more consecutive quarters. In the micro-economy world, I mean in the companies’ world the timing used to be different. Usually the review process in…
System Thinking and Shared Vision pillars in the Turnaround Change Management process
[vc_row][vc_column][vc_column_text] Many organizations fail to approach problems because they do not understand system thinking and/or lack of a shared vision. So in those underperformance companies quite often we find departments with a narrow focus, when system thinking is required. For example…
Strategic Focus: The Value Disciplines
[vc_row][vc_column][vc_column_text] According to Michel Treacy and Fred Wiersema company strategy must be focused on one of the three value disciplines (operational excellence, customer intimacy or product leadership) while meeting industry standards in the other two disciplines. The experience shows that leaders…
Supply Chain Management Definition
[vc_row][vc_column][vc_column_text] It is important to know the SCM concept because many people confuse supply chain with logistics. So they reduce the relevance and scope of supply chain. How we are showing the concept of supply chain is quite broad, and that…
Finding the leverage points is the key for quick and substantial improvements
[vc_row][vc_column][vc_column_text] System thinking teaches us that focusing on a few leverages points, we are able to create a big impact in our organization faster. The different between leverage points and other improvement initiatives is that leverage points attack problem root causes…
Turnaround way of thinking: Turnaround vs. no-turnaround management
[vc_row][vc_column][vc_column_text] Many people think that a good manager could perform a turnaround project, but in reality among other abilities they need to know turnaround technique or way of thinking. For example, many people who do not have experience in turnaround think…
Why do we need a specialized Turnaround Team?
[vc_row][vc_column][vc_column_text] One of the most common reasons to need a turnaround situation is ineffective management. Usually the people who create the problems, they do not know how to solve them. Many people think that just changing the Managing Director is enough…