September 2007
Transcription
September 2007
Volume : 1 Issue : 5 SEPTEMBER 2007 Tasmac management review n New Paradigms n New Perceptions n New Perspectives "Celebrating Change" • Re-inventing Harish Bijoor MD, Harish Bijoor Consults • Creating A Better Way Mahesh Srinivasan Country Manager, Seaton India • Sustainable Growth Sameer Dua JMD, TASMAC • You Can Manage Your Aspirations V. Ramanan CEO, Ladder Consultancy Eligibility : A good bachelor's degree from a recognised university OR Non-graduates over the age of 25 years who can demonstrate relevant and appropriate prior learning experience that would enable them to contribute to and benefit from the programme. Complete prospectus/application form available for Rs. 800/- by DD/MO/IPO. For FREE details contact: CORPORATE OFFICE AND PUNE CAMPUS : TASMAC House, TASMAC Road, Viman Nagar, Pune - 411 014 (India). Tel. : +91 (0)20 65003871/65003872/ 26632456/26632893/65263534/65001431, Fax : +91 (0)20 26632362 BANGALORE CAMPUS : TASMAC House, 7th Milestone, Kudalu Gate, Hosur Main Road, Bangalore - 560 068 Tel.: 080 32509800/01/02/03 KOLKATA CAMPUS : TASMAC House, 27, GN Block, Near Godrej Factory, Sector V, Salt Lake City, Kolkata - 700 091. Tel. : +91 (0)33 23572551/52/53 Fax : +91 (0)33 23572554 MUMBAI CAMPUS: TASMAC, C/o LBHFFT Institute of Computer Application, Hiray College, Next To New English School Govt. Colony, Bandra (East) Mumbai 400 051 The First Page Change is that vital process in life and business that everyone has to experience-sometimes willingly at other times even unwillingly. Therefore, there is much truth in the adage that “change is the only constant.” Change is not always easy to tackle. Different people react differently to change. The spectrum may be illustrated with ‘stability’ at the one end and ‘change’ at the other. Some people like to be at the stability end. They like things to be as they are and others do not mind tackling the new and the relevantly unknown and untried sphere of activity. This issue of TASMAC MANAGEMENT REVIEW discusses various aspects of change initiatives taken by Corporates and how these have benefitted them as well as the society in general. A joint seminar under the aegis of TASMAC and Businessgyan held a panel discussion in Bangalore sometime back which highlights some interesting facts and figures. It was addressed by quite a few prominent Corporate luminaries as well as Management students who read from their research work. Read on, you will certainly find a lot of interesting and useful material. And yes, do send us your feedback. TASMAC has always believed that change is a dynamic activity and has emphasized this fact. It has groomed its students to be outstanding leaders and creative entrepreneurs capable of excelling in the rapidly changing business environment. Editor-In-Chief and Publisher Dr. Giri Dua Managing Editor Ajoy Nair Associate Editor K. Harish Editorial Team Neha Kale Ashwini Koshti Chitra C. D. Karuna Ovhal P. T. Banerjee Dr. Giri Dua ® www.tasmac.ac.in/wales E-mail : [email protected] CORPORATE OFFICE AND PUNE CAMPUS : TASMAC House, TASMAC Road, Viman Nagar, Pune - 411 014 (India). Tel. : +91 (0)20 65003871/65003872/26632456/26632893/65263534/65001431, Fax : +91 (0)20 26632362 BANGALORE CAMPUS : TASMAC House, 7th Milestone, Kudalu Gate, Hosur Main Road, Bangalore - 560 068 Tel.: 080 32509800/01/02/03 KOLKATA CAMPUS : TASMAC House, 27, GN Block, Near Godrej Factory, Sector V, Salt Lake City, Kolkata - 700 091. Tel. : +91 (0)33 23572551/52/53 Fax : +91 (0)33 23572554 MUMBAI CAMPUS: TASMAC, C/o. LBHFFT Institute of Computer Application, Hiray College, Next To New English School, Govt. Colony, Bandra (East), Mumbai 400 051 BRANCH OFFICES : Ahmedabad : Tel. : +91 (0)79 27911327. Bangalore : Tel.: +91 (0) 80 41126493/22109647 Fax : +91 (0) 22109646. Guwahati : Tel. : +91 (0)361 2608061. Hyderabad/Secunderabad : Tel : +91 (0)40 27890426/ 27/ 28 Kochi : Tel. : +91 (0)484 2356677/2356617/2356652 Fax : +91 (0)484 2356057. Kolkata : Tel. : +91 (0)33 24850201/24850202, Fax : +91 (0)33 24861507. Mumbai : Tel. : +91 (0)22 23516430/23513656. Pune : Tel. : +91 (0)20 26127289/26136589/26130423, Fax : +91 (0)20 26124279. All material printed in this publication is the sole property of TASMAC. No part of this journal may be reproduced, stored in any type of medium and transmitted without prior written permission of the publisher. Views expressed in the articles are those of the contributors and do not reflect the views of TASMAC. All efforts are made to ensure that the published information is correct. TASMAC does not take any responsibility for errors due to oversight or otherwise. 1 We encourage prospective authors and contributors to follow the guidelines prepared by TASMAC. To obtain the guidelines, please write to the Editor at the above mentioned address or email us at [email protected] We would welcome your views on this issue of TASMAC Management Review. Please write to us at [email protected] Celebrating Change / Corporate Initiative Re-inventing Harish Bijoor Harish Bijoor Consults dampened by the prospects because there are short term perspectives, medium term perspectives and long term perspectives and human beings are very appreciative of short term perspectives. They get very excited about things in the way they are. They think the future is bright and that's how it's going to continue to be. H arish Bijoor the Brand Consultant and a Brand by himself shakes us from our comfort zone and emphasizes the need to change things before changes around you catch up with you. The subject ‘re-inventing’ is very dear to my heart and it is close to the space in which you and me live and work in. Today every one is saying that we live in a tri-polar world. Gurus across the globe are talking about how India is going to be a part of this tri-polar world along with America, the current largest economy and China, the largest economy that is due to emerge by 2015. Everyone seems to be very gung-ho about the prospects. However I personally am not very convinced by this phenomena and I'm going to take this opportunity to strike a gong of caution in each of your hearts. I am going to shout from the roof tops and say unfortunately India is not going to be a part of this tri-polar world. Don't get too excited or too T A S M A C M A N A G E M E N T Well if we do not re-invent ourselves, we are going to have exciting times only for the next two years i.e. 2007 - 2008 and possibly the first half of 2009. However by 2015, India is not going to be in the tri-polar gang anymore and by 2050, it is not going to even rank and 83% of businesses in India belong to the third category i.e. businesses that wonder what happened. 11% of businesses in India are businesses that watch things happen and only 6% of businesses in the India of today (i.e. in the last 18 months) are businesses that make things happen. So if you want to be in the first category of businesses that make things happen, it is important to re-invent. Today forecasting is dead. For those of you who believe in the tools of forecasting and have used retro tools like regression or analytics, let me tell Re-inventing is a mindset and is totally change and development oriented. It is absolute dynamism and is futureproofed and solution centric. in the top 8. Necessity of re-inventing One of the first things we tend to ask is why re-invent? This is because we normally don't like to re-invent ourselves and we tend to try it only when we are pushed to do so. So why is it so important and necessary to reinvent? Well primarily because there are three types of businesses and people. 1. Businesses / People that make things happen, 2. Businesses / People that actually watch things happen and 3. Businesses / People that wonder what happened. All businesses go through this cycle R E V I E W you that forecasting does not work in a progressive economy like India, Brazil or China. It only works to a certain extent in countries like America and Germany at this point of time. You cannot plan anything by looking at the past or by trend analysis as trends don't predict the future. The reality of the future is in scenario planning. One must re-invent because nothing already invented can make you the money that you can make by re-inventing. 2605 times is the kind of return you can get from re inventing. So if an already invented business gives you a return of x then x multiplied by 2605 is the kind of quantum jump you can actually get in a reinvented business. This is an 2 Celebrating Change / Corporate Initiative actual number. Characteristics of Re-inventing Re-inventing is a mindset and is totally change and development oriented. It is absolute dynamism and is future- proofed and solution centric. It is the one thing that will take you into the year 2015 and will also take you to year 2050 reasonably intact. It can touch every single business and vertical of the industry both small and big alike. It can touch peoples lives both rich and poor and change the lives of the poor drastically. what should every company do? They should have two separate businesses, one that addresses the 2 billion at the top and the other addressing the 4 billion at the bottom. If one doesn't address the bottom half of the pyramid now, it's likely that the business will suffer in the next 10 years starting from now. A few other examples of re-invention Food: Food is constantly being reinvented in many parts of the world. Catfish that looks like brinjal (Germany), square water melons (Japan), purple ketchups (U.S.A), coffee baths (Japan), are just few of the examples of how re-inventing is shaping food in a big way. The Future of Businesses: Today the future of a business is in social marketing. The future is not about marketing to the rich but about marketing to the poor and if you can't market to the poor you are not a very good at marketing since one can actually make money from the poor. There is a proposition by the World Bank that talks about the next four billion. So in a world population of say six billion people, two billion sits on the top and the next 4 billion sits at the bottom of the pyramid. It is this four billion that is going to be growth engine for the future. So guess where the markets actually are and guess where there is further growth? Well, they are at the bottom of the pyramid and India, China, parts of South America and Africa lie there. The GDP growth rate of America is likely to be 2.8%, whereas the GDP growth rate of India is likely to be 8.5% and that of China is a surprising double digit number of 10. In the old days businesses left the bottom of the pyramid out. But today you can't afford to do so. So 3 was in HLL and we were working on the brand, the enemy number one was Daag (Stains/Dirt) and everything we did in those days was to fight these stains. But guess what? Today in 2007, they say "Daag acche hain" (Stains are good) in a very respectful way. Why? Because having stains on your clothes mean that you are hard working and so these stains are good. Look at the turn around of the advertising campaign This is what reinventing is. Fashion : Fashion is being re-invented on a day to day basis. You have new cloth made from banana and fungus fabric with natural colours to scented socks that release sweet scents even when you are sweating. Examples of Re-inventing One good example of an Indian brand that has re-invented itself is the Surf Excel detergent. When I Today the future of a business is in social marketing. The future is not about marketing to the rich but about marketing to the poor ... To summarize, planning and forecasting are dead. Brand life cycles are shortened and dramatic and unforeseeable changes are in. There are no cutting edge tools other than re-inventing continuously to grapple the future for consumers, products and markets. ••• Celebrating Change / Corporate Initiative Creating A Better Way Mahesh Srinivasan Country Manager, Seaton India managing retention & attrition. Seaton addresses the state of the temp help industry, where there is no dominant leader. People Scout believes in recruiting the "right people; right now" as Recruitment is a business issue and not just an HR issue, said Mahesh. We have developed software and systems to keep our recruitment engine moving. Mahesh explained how the company helps its clients by citing M ahesh Srinivasan, Country Manager of People Scout, a Seaton India Company, spoke on the challenges faced by HR (Human Resource) managers and how solutions offered by People Scout (Candidate Processing System) changed the recruitment scene for its clients. Seaton is the brainchild of Michael Miles and Hugh Farrington, which started in 1988. It is ranked among the top most Recruitment Process Outsourcing (RPO) companies in the US by HRO Today (July/August 2006). Michael Miles and Hugh Farrington revamped ‘candidate processing system' (CPS) and ‘vendor-onpremise staffing'. Some of the factors which led to the birth of CPS were, decentralized and nonstandardized processes, inadequate response management, long prescreening & hiring cycles, inability to meet ramps & achieve fill rates, various technology constraints, lack of specialized industry expertise, cost escalations involved and India has enormous appetite for recruitment across all industry sectors in the current scenario two different solutions it rendered to a major wireless provider in the US and a major convenience retailer in the US. The wireless provider was looking to fill a ‘sales and customer service' position and it had the following challenges to deal with. 1. Long hiring process & cycle time for candidates 2. Decentralized process for recruitment advertising 3. Limited ability to collect and analyze data 4. High disqualification rate at the face-to-face interview & testing sessions People Scout addressed the T A S M A C M A N A G E M E N T R E V I E W challenges with the following solutions. Easy access to candidates was facilitated through its ‘Click or Call' concept. Qualified candidates were thus immediately interviewed. The function of paid and unpaid recruitment advertising was centralized. Detailed analysis of the recruitment process was given. Comprehensive screening and proficiency testing tools were developed to identify skill and match it with the job. Once these solutions were implemented : 1. The average hiring cycle time was reduced from 24+ days to 6.5 days 2. Paid recruitment advertising was reduced by 50% 3. Data analysis was carried out which identified key reasons for long cycle time, high disqualification rates at face-toface sessions 4. Interview and testing costs were reduced by 50%, yielding 3,000 hires in four months We receive calls on behalf of the companies (our clients). Standard questions are asked to the caller, as in which job opening has he/she called for, what is the job code, etc. We charge them on a per call basis in the US, unlike cost per hire, which is followed in India. We charge them for phone calls. $6 to $10 is charged per interview call. Outbound calls to re-confirm an appointment with the candidate is charged a little lesser. That is how we have changed the mindset in the US. In the second case, where the position of a sales associate for a major convenience retailer in the 4 Celebrating Change / Corporate Initiative US had to be filled, the following challenges were presented to People Scout: 1. The company needed enterprise-wide solution with minimal start-up investment 2. There was low employment brand awareness 3. The company was unable to generate enough high-quality candidates 4. Vacancy rates were high 5. High overtime usage The challenges were countered by People Scout with solutions like providing an easy access to reach candidates through its enterprisewide ‘click or call' private label branding concept. Only the best and the most competitive candidates were screened and identified for the vacant position. Interviews were scheduled between the location managers and the qualified candidates only. Enough qualified candidates were selected for the interviews. 1. Over 3,000 store locations were activated within 4 months 2. Vacancy rate reduced by 80% and diminished within three months of implementing the program 3. Success rate of face-to-face interview was enhanced by 350% as 7 out of 10 interviews resulted in a hire 4. No client capital investment was needed. Seaton Corp is a leader in providing recruiting, vendor-onpremise, staffing and end-to-end supplier management solutions to Fortune 500 companies including Convergys and HSBC. The clients of Seaton are pretty happy and satisfied with its services as Seaton boasts of a Client Retention of 97%. There is huge potential for such a service, offering solutions for recruitment. Over the last decade, 5 the RPO industry has evolved and taken a healthy shape in the West. The Bangalore edition of The Times of India stated that hiring is expected to double year-over-year from 2006 to 2009. The NASSCOM McKinsey Report revealed that Indian factories will need 73 million workers by 2015. Only 15% of the Indian population is skilled, the remaining 85% is unskilled or semi-skilled and has to be trained well. 85% of the candidates should be sent to finishing schools to be groomed and increase their skill level; be it communication, technical, etc. NASSCOM has initiatives with IIT Chennai and other institutes in Chennai to train such candidates and make them hirable. Careerbuilder.com maintains that 13% of employers will expand operations, while 22% will mostly hire candidates in India. Arguably, recruiting is the #1 Challenge and the #1 Need. Generally, a HR professional in India is burdened with many responsibilities like sourcing the right candidates, handling inbound calls, checking the HR email box, handling outbound and ‘no-shows', tracking HR agencies, cocoordinating with candidates, maintaining statistics and generating reports, taking care of the newly hired, organizing for exit interviews besides fulfilling personal commitments like spending quality time with family and kids, going on a vacation, maintaining health, etc. People Scout comes into the picture and makes the life of the HR professional simpler and a lot better. It takes care of sourcing, making inbound calls, and all other aforementioned responsibilities of the HR professional. Thus the HR professional is able to focus on two major aspects, Hiring the right candidate and Retention. Some of the lucrative RPO models offered by People Scout are: • Enterprise RPO (eRPO) Outsourcing of entire recruitment / hiring function • Modular RPO (mRPO) Outsourcing of certain job components / tasks that are well-defined, repeatable and reproducible • Project Based (pRPO) Outsourcing of expansion into defined geographies • Offshore RPO (oRPO) Off-shoring of RPO functions of the organization Some interesting trends of RPO in 2007: • Worldwide RPO is expected to gain momentum in late 2007, which will stay throughout 2008 • The RPO market has market potential of $20 billion • The size of the RPO industry is expected to touch 6000 Crore for 2006-007, according to recruitment industry body, ERA • India is predicted to be one of the fastest-growing markets for RPO in the years to come This was an excerpt of a talk at an event ‘Celebrating Change' organised by Businessgyan and TASMAC. ••• Celebrating Change / Corporate Initiative Sustainable Growth - The Key To Success Sameer Dua Joint Managing Director, TASMAC perseverance to see it happen. And without this no managerial lessons can help direct growth. Sustainable competitive advantage allows the maintenance and improvement of the enterprise's competitive position in the market. It is an advantage that enables businesses to survive against its competition over a long period of time. S ameer Dua has constantly been at the forefront of change. Sameer is the Joint Managing Director of TASMAC and is responsible for bringing about a link between the University of Wales and TASMAC. All of us are at the forefront of India's success and future. To any observer it is evident that India has got a glorious past and an exciting future. But we are now in the globalized world and competition is fierce. A lot is happening is this country but there are certain questions that we need to answer: • How long will this dream-run continue? • Whether the impressive growth rate of over 8% is going to be sustainable? • To what extent is the common man going to be benefited out of this? Sustainable Growth needs a Self Belief that it can happen, and in the Organizational context, a Shared Belief that it can happen, the (self and shared) tenacity to make it happen, the (self and shared) T A S M A C M A N A G E M E N T In comes an element of Hypercompetition. This is a state in which the rate of change in the competitive rules of the game is in such a flux that only the most adaptive organizations will survive. Hypercompetition is a key feature of the new economy. Not only is there more competition, there is also tougher and smarter competition. New customers want it quicker, evening. Another example is from my trip to the US recently. At a 5-star hotel the valet brought our car and as we waited, started to clean the windshield. We said thanks and left. It left me wondering why it had not been done when the car was parked that too for over an hour. Then I realised that the hotel had just made us aware of an additional service that they provide for us.In the same trip, on buying a shirt the saleswoman offered to iron it for me. This is a useful service there as you do not have the luxury of a dhobi. So, in their own small ways all these stores and services, have made sure that they were ahead of the competition and ensured my loyalty to them. Sustainable competitiveness is the precursor of sustainable growth. Sustainable competitive advantage allows the maintenance and improvement of the enterprise's competitive position in the market. cheaper, and they want it their way. An example for the concept of Hypercompetititon. I went to buy a cot for my young daughter. I went to a store at about 9.30 in the evening. A good looking cot, within our budget and of good quality was delivered by 11.45pm that same R E V I E W Competition is the prime-mover of growth. If an economy cannot remain competitive on a sustainable basis, it just cannot expect sustainable growth, as business and investment will start moving to other economies which are more competitive. 6 Celebrating Change / Corporate Initiative Life is running on a treadmill. You keep running very fast but when you look down you haven't moved forward. You are working so hard but when you look at yourself you haven't progressed. was a product and we were there to sell a product. We got 1500 TASMAC as a forum of change We have had a very slow yet sustained growth. Dr. Giri Dua started TASMAC as a one person operation 15 years ago. At this time, education was delivered in a very different format. The future of education lay in recognising three likely trends 1. A seamless borderless world for education 2. A movement towards providing education at the receiver's doorstep 3. An infusion of Technology We were amongst the first few to tie up with an international University in India, and the first to get a British University in India. We were the pioneers of distance education in India and we use technology very heavily in our content and delivery. The TASMAC story has three stages. The first stage was the initial 7-8 years of our life where we were a one person, one room operation. It took a lot of time to be able to create enough capital and labour to give ourselves a platform for leveraged growth. When we began, to break even was the biggest challenge. We had no financial backing unlike the education institutions that were set up by large corporate houses and by politicians. We were aware of our weaknesses, but we used these to our advantage. We began as a distance learning institution. We went on to market our education programs. Nobody till then had advertised educational programs. We believed that education service 7 students in the first year itself which was a record number. So we shifted the paradigm by advertising and marketing of education products. By 1999, we had enough money to be able to get into traditional formal full time education. We tied up with the prestigious University of Wales, which is the second largest university in the UK. At that time, we We were amongst the first few to tie up with an international University in India, and the first to get a British University in India. had a choice. We could have gone with an Indian University and we chose not to. We went for an international university because of the fact that a lot of Indian students were going abroad for education. We brought that education here. I am not making any statement on the education standards in India. At this stage, we did things that were different to stay competitive: • Foreign University • One year programme • Low fees (Compared to one going abroad) • Programme structure and the content of the highest standard • Option of part of the programme in India and part in the UK • Small batch sizes Within the next three years, we decided to look for different avenues for change and growth. We had realised that we were getting a lot of applications from southern India. So between Bangalore, Hyderabad and Chennai, we chose Bangalore. Our plan is to go international very soon. So in the third stage, we decided that instead of the student coming to you, we will reach the student. Then, we leveraged the strengths that we had gained. To sum up, my father, Dr. Giri Dua, says that "Products fail, innovations fail and strategies fail, but companies that stride over these setbacks are the ones that grow." ••• Celebrating Change / Corporate Initiative Doing Good Is Good Business Rajen Lav Global Environment Programme Leader, Accenture Services Pvt Ltd A ccenture India has been growing at an incredible pace—nearly 100% year over year growth from between 2003 and 2006. During that time, the Accenture India Facilities & Services (F&S) team was challenged to identify new locations, complete the build and fit-out of the facilities, implement consistent internal processes across all locations and run them according to Accenture’s global standards—all in very short timeframes to meet business demands. The team delivered: At the end of 2006 there were 15 buildings in India, housing 26,493 employees. A new challenge: dual certification Accustomed to delivering at a rapid pace, the F&S team looked for a new challenge in 2006. Understanding Accenture’s commitment to incorporating environmental best practices into its business operations, the team sought to attain two prestigious certifications: International Organization for Standards (ISO) 14001 for environmental management, and Occupational Health and Safety Assessment Series (OHSAS) 18001 for occupational health and safety. At first, the goal of the project was to motivate the team: Achieving these certifications would not only allow the team to work on a highly visible project but also prepare them for delivering the next site or managing the next set of escalations. T A S M A C M A N A G E M E N T However, the experienced F&S team—many of whom had worked on ISO9000 and 14001 initiatives at other organizations—realized that achieving dual certification had the potential to impact the business in two important ways: it could save Immediately, the team was enthused about the challenge, which would have a global reach and would also help them use skills not often used in their day-to-day roles. They collaborated with the Corporate Citizenship team for sponsorship, external auditors to gather due diligence, an outside agency to develop ISO standards and prepare for the external audit, and the Accenture Marketing & Communications team to develop a campaign to increase awareness among employees. Actions taken toward achieving certification Coordinating and implementing an Environmental Management System was a challenge. The team worked with senior management, colleagues across the business, and vendors to develop their strategy. money and it could improve employee morale. The team chose “Bang 3” as an ideal site for certification. As Accenture’s largest facility worldwide, Bang 3 houses a gym, a cafeteria, and 5335 worksettings; accommodates more than 5,000 employees working across various businesses; and has several floors operating on a 24X7 basis. R E V I E W The first initiative was creating awareness of the certifications among the 5,000 employees at the site. To do this, they had a number of meetings with Senior Management to get their buy-in before developing a multi-faceted training and marketing plan for employees. The team first sent a computer-based training deck via e-mail to all employees and followed it up by conducting awareness sessions in batches, so each employee had the opportunity to learn about the certification in a live session. Next, the team worked with Marketing & Communications to design posters 8 Celebrating Change / Corporate Initiative highlighting the importance of conserving Energy, Paper and Water and displayed these posters at various high-traffic areas throughout the facility. Finally, the team created flyers about India’s environmental policy and posted these at each employee’s seat as well as on all notice boards in the building. Because Accenture leases the building rather than owns it, the team also had to gain commitment from the builder to ensure that the facility had a foolproof sewage treatment plant and an organized garbage disposal system, as per the certification’s requirements. Accenture’s Corporate Real Estate team helped address the builder’s issues, through tough negotiations about why the Sewer Treatment Plant and garbage disposal areas were necessary and the benefits they could bring. The team demonstrated the potential water savings, for example, detailing the benefits of rainwater harvesting, and also convinced the builder that his building would be recognized as a leader on environmental issues through the certifications. In addition, the F&S operations team took control of the sewage treatment plants ensuring that the plants would be operated efficiently and guaranteeing that we would be in control of the regenerated treated water which we can then use properly. At an operational level, the team identified actions across six main areas to create a robust Environmental Management System: 1. Actions taken to save Energy: • Integrated water chillers at both the towers and chilled water line was adjusted so as to improve the variable frequency drive (VFD), the equipment added into the motor of an air handling unit to modulate speed and generating power savings. 9 • • • • • Once the VFD was calibrated, performance improved. Adjusted chiller temperature settings from 8 to 10 during the winter. Regulated floor lightings with a voltage modulator – the Lux levels would remain the same up to an input voltage of 180. Recalibrated pressure sensors that sense the air circulating duct pressure. Once pressure in the duct varies, the sensor gives command to the VFD to modulate the speed of the air handling unit motor. Introduced manual lighting controls such as switching off lights during off-hours. Modified certain lighting circuits for optimal usage. 2. Actions taken to save Paper • Increased awareness among employees • Encouraged printing on both sides of a sheet of paper • Sold scrap paper to a vendor who recycles waste paper • Put in place proper documentation for paper scrap sold. 3. Actions taken to save Water • Set up appropriate pressure in the health restroom faucets. • Reduced the pressure in the water taps for hand washing. • Identified and stopped all water leakages. • Implemented rainwater harvesting. 4. Actions taken for E-Waste Management • Monitored the different types of electronic waste generated within the facility. • Arranged for proper storage of electronic waste. • Disposed of electronic waste through a Pollution Control Board-certified vendor. 5. Actions taken for Biomedical Waste Management • Identified the biomedical waste generated in the facility. • Disposed of biomedical waste through PCB-certified vendor within 48 hours. 6. Action taken for Emergency Preparedness and Response • Implemented an emergency preparedness and response plan to conduct an evacuation drill every six months and consistently monitor the action items of every drill conducted. Results achieved The results of implementing an Environmental Management System are far-reaching. The Bangalore facility is a pioneer, as the first Accenture site to achieve dual certifications. Senior Management has been encouraged by this accomplishment, and is looking to be a leader across the company for this important initiative. “This accreditation is a significant milestone in our journey towards achieving high performance. We’ve deployed a robust environmental management and health and safety system across locations in India” said Rekha M. Menon, Lead, India Geographic Services. Furthermore, the focus on conservation is already impacting the bottom line. Using a modified system of power distribution, Bang 3 has experienced an annual savings of 5% in electricity cost alone. Optimizing water usage has resulted in a savings of around 7% in water consumption. Paper consumption has been reduced by 2% and the food waste from the cafeteria has been reduced by 11% in the past six months. To the team, the work itself was the reward: They were able to develop new skills and collaborate with colleagues across Accenture. The most surprising impact was on employee engagement; the India F&S Employee Engagement Score Celebrating Change / Corporate Initiative Com paris on of Pow e r Savings at Bang 3 agains t gr ow th in w ork s e tting s (Cale ndar Ye ar 2005 vs Cale ndar Ye ar 2006) Workstations Cost per capita (INR) 5,600 2,000 w orkstations 1,600 5,200 4,800 y = 40. 271x + 4421. 2 R 2 = 0. 9674 4,400 4,000 1,200 Cost per capita INR 800 Linear (Cost per capita INR) 400 Linear (w orkstations ) 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar A pr May Jun Q5 soared from 74% in FY05 to 83% in FY06, when the Environmental Management System was being implemented. The project allowed the F&S to engage with enthusiastic employees who were keen to give their time for a noble cause of impacting the environment. Sidebar: Education and Engagement key to Environmental Management System Engaging employees was key to implementing an Environmental Management System at Accenture’s largest location. Through a comprehensive poster campaign, all 5,000 employees at Bang 3 were challenged to help…to help save paper, help save oil, help save electricity. The posters gave examples of how small, individual efforts could add up. The results are staggering and employees’ efforts are contributing to a 2% reduction in paper consumption as well as T A S M A C M A N A G E M E N T Jul Aug Sep Oct Nov Dec Q6 savings of 7% in water consumption and 5% in electricity costs. The Environmental Occupational Health and Safety Policy, posted throughout Bang 3, brings attention to the efforts of the Facilities & Services team in maintaining a “green” building and shows Accenture’s commitment to its employees providing a safe and environmentally friendly workplace. ••• The posters gave examples of how small, individual efforts could add up. The results are staggering and employees’ efforts are contributing to a 2% reduction in paper consumption as well as savings of 7% in water consumption and 5% in electricity costs. R E V I E W 10 Celebrating Change / Corporate Initiative You Know Best Dr. G. S. Anandan Principal, Advanced Management College, Bangalore L ook, we can't fall into old patterns. We have to think of a plan!" - Lisa Simpson But can you teach an old dog new tricks? Often, it's not that you can't teach old dogs new tricks; you can't teach some dogs any tricks at all. What often holds a company back from growth is the company itself. Like the in-house top appointee who maintains the status quo, the corporate being can become deeply conservative, very unwilling to change and, even worse, loath to concede that change is required. In any turnaround, it's real reform of the human relationships which determines performance. Read on to discover why. This sounds exciting and revolutionary, but is again standard - and dubious. The true change manager starts with redefining the purposes of the organisation in the light of fully analysed external change. Next come the internal changes required if those purposes are to be met. Then you tackle the people. There were many instances to show that the ideas generated by me became the most economical and feasible ones to make me the best. Having worked in a Nationalised Bank, prior to joining the academics, I had implemented many innovative ideas which brought quantifiable benefits to the Bank and became the image boosters. I would like to quote an instance, where all the concerned persons benefited by the transaction. Generally, the sellers accept cheques as one of the payment system and whenever they collect out station cheques, they deposit in the bank for collection 11 and credit to their account. It was in one of the Bank branches at Hyderabad where I had worked during my tenure, I came across a difficult situation, which made my customers feel bad about the bank. It was a case of collection of the outstation cheques of the customer and crediting the proceeds in the account. The volume of the transaction is large and in case the clerical staff who handles this job, is on leave for even one day, the work piles up and making the job still worse. Prior to my taking over the overseeing of this job, the job was invariably delayed causing huge financial loss to the customer. His debtors were very happy as they get an interest free credit , due to delayed dispatch of cheques and late realization. This customer, since enjoying the open loan cash credit, delayed credit of proceeds led to unnecessary charging of interest which ran into lacs of rupees over a period of time. When I joined this Bills Department, I convened a meeting of the company’s representatives, courier staff and my bank staff. In the meeting, I had chalked out the modalities. The company officials were ready to print the stationary and fill the form and deposit the cheques along with the Bill outward Advice. Necessary stamps for endorsements were also put by them. The courier official was ready to have a separate register for the Tapal for this purpose and willing to write and put it in envelopes. The reason for this is around 200 to 300 covers being sent by that branch and this is a sizable business for them. When all this is done, I have to only cross check and sign in the Bill Outward Advice and on the endorsements. Earlier while the officer took the whole day, it took only one hour for me. By this following benefits accrued : The customer was very happy since the cheques were sent on the same day. The courier got a regular business. The customer could save sizable amount by way of interest, due to earlier realization. The Officer 'man hour' could be usefully or gainfully employed for other work. The need for a clerical hand in the bank was reduced and they could be allotted some other duties. There was no delay from the bank point of view. Due to non-keeping of the cheques in pending clips, the chance of loosing / misplacing / loss of the instrument did not arise, thereby leading to probable unpleasantness / litigation. The account is a corporate account. Because of this quick service, the bank earned a good image. The spin off business was sizable. In fact, the customer came to the bank and stated that, the buyers of his product, complained of this prompt submission of cheques. Earlier, what used to take one or two months, now reduced to one or two days, made them reschedule their cash management portfolio. This brought a definite turnaround for the bank. There were many instances to show that the ideas generated by me became the most economical and feasible ones. ••• Celebrating Change / Corporate Initiative You Can Manage Your “Aspirations” V. Ramanan CEO, Ladder Consultancy Services Pvt. Ltd. C oach, guide, align & manage people’s aspirations… with Global Aspirations… is all that LCS wants to do… We in this programme inspire you to aspire… better… ever more… Do you realize that India constitutes to 1/6th of world population? Are you aware that India has the youngest productive workforce in the world? Do you know that over half of the workforces in developed nations are retiring between now and the next 5 years? Are you aware that Economic Gurus strongly feel that Asia would be the economic super-power in the next 5 years? Do you know that you have tons of opportunity unfolding worldwide for you...Do you realize that all these means more responsibility on you towards the overall well being of humanity? Are you geared up for this? Are you aligned to this? How many times have you questioned yourself as to what your aspirations are? Where are you currently heading? Where would you like to be in the near future? What is it that is required for you to climb the ladder of success in work and life, without compromising on either of them? LCS for the first time and as a first of its kind, offers “Aspirations ManagementTM”. This unique offering is unlike any other, simply because it aims at providing more clarity in approach and emphasizes on working out achievable solutions. India today is considered as the knowledge capital of the T A S M A C M A N A G E M E N T world. More opportunities imply more choices. It is a jungle out there… only a person who has clarity in thought and the ability to make the right choice can prosper. For others, the state of choice becomes a state of confusion. In such a state, the individual does not decide instead the family and peer do… As this is not their natural choice, over a short period of time, they disown the decision (job or otherwise) and move on… This habit continues till such time they get an appropriate opportunity and realize their true aspiration…by this time, the time has caught up with them…with the world looking at us Indians to raise faster and take up positions this decade itself, do we have that time to catch up at the current pace? Individually? It is in this perspective that it is becoming very essential to coach, guide, align & manage people in terms of setting a realistic aspiration that are well aligned to the various opportunities that are unfolding. Aspirations ManagementTM is a total scientific approach adapted based on research and observation over a period of time. The offer includes aspirations counseling, opportunity guidance, white paper articles from the gurus of the industry, interactive sessions with the czars of the industry, invites to special network events, virtual Conference room facilities, access to Knowledge Forums, exclusive membership options to professional associations / forums, special discounts for courses and programs and a lot more to add value to the individuals’ profile. Aspirations ManagementTM Aspirations ManagementTM is a R E V I E W process of enabling individuals to convert their dreams to realistic and achievable aspirations. • Aspirations that are not aligned to individual’s inherent capabilities will remain a dream. • Aspirations that are not aligned to opportunities will remain as aspirations. • Aspirations that are not futuristic will be short lived. The authentic process of coaching, guiding and aligning of individual’s aspirations to their capabilities, opportunities and futuristic trends is Aspirations ManagementTM. It is a holistic process of management that balances both personal and career aspirations and aims at providing a healthy work-life balance. Aspirations ManagementTM also includes capability assessment, personality profiling, aspirations counseling, providing continuous knowledge and inputs on opportunities specifically oriented towards the area of aspiration, coaching on action points that the individual needs to take, time scheduling of various key action points / milestones and act as the catalyst and motivator to the individual to achieve his / her aspirations. It is a process that brings out the individualistic identity of people who otherwise merely execute what others around them expect. Some views expressed… “Aspirations management course of LCS is holistic and complete in providing the best transition for a student from academics to the corporate world… all at a very affordable price.” 12 Celebrating Change / Corporate Initiative Dr. Aswathappa Author - HR books & Director CBSMS, Bangalore University “Not managing aspiration can be many times costlier. I find the whole idea and the process of Aspiration Management very promising. It has the potential to make a huge impact for individuals, organizations and the society at large.” Prof. Balaji Head HR Sasken Communication Technologies Ltd. “It's a great initiative by LCS. To me it will be a great value addition to the young professional, the Organization and the society at large in realizing their potential.” Dr. Gopal Mahapatra Director HR - MNC “Managing aspirations will be a key HR challenge in current times for organizations. But if it can be managed through systematic long term intervention, it will be a win-win situation for both an individual as well as the organization. Organization will get people who would do what they love to do and individual will get a place where they can put their skills to most productive usage.” Dr. Pallab Bandyopadhyay Chief People Officer, Scandent Solutions “A systematic and sustained approach in converting Dreams into a reality is "Aspirations Management". In this program, aligning personal and professional aspirations to available opportunity is going to be a great service to an individual, the Industry and the society at large. ITPF is happy to be one among the first to have partnered in this great initiative” M. K. Swaminath Chairman IT Professionals Forum, India Hitting A Sixer With Six Sigma Ravi Shankar Director, Natural Search Internet Solutions (P) LTD W hat would you call an innovation that converted waste into profit? I would call it brilliant- and that's what our team at Natural Search achieved with the application of Six Sigma technique. It all started one afternoon when a senior manager at the NS group walked into my office with pages of tabulated material. “Have a look” he said, waving the sheaf at me, “I just discovered that we are wasting a lot of leads that we generate, on which we are spending good money, time and energy. We need to do something about it!” Let me give you the background. Natural Search is in the business of lead generations through internet. That is, we optimize the content of 13 the websites and create online advertisements for our clients so that they get people to click on their links/ads, visit their sites, fill up the on-line application form and avail of the client's services. Mainly, our UK based clients are mostly into mortgages and financial solutions, and also telecom, automobiles, fashion accessories, travel etc. The filled application forms are called leads, which, when forwarded to the client results in revenue to the company. We regularly receive a high amount of incomplete and wrongly filled application forms, which are rejected and therefore not sent across to the client. There are three kinds of leads that we generate through three sources. The cost of lead generation in two sources is quite high whereas from the other source is comparatively less. While much care and attention were taken for the first two, the leads from the latter were neglected. Triggering Innovation Two questions bothered our senior manager- why were we churning out so many useless leads? And next, why were the leads from the less expensive source underutilized? We realized that we had a rich database which was a potential revenue generator, and we are missing out on it totally. And this was the trigger for innovation. The organisation had already decided on implementing Six Sigma (the system of practices to systematically Celebrating Change / Corporate Initiative improve processes by eliminating defects) to look at its processes and effectiveness, and this was the perfect opportunity to kick start the first phase. Operation 'Inventory Management' The six sigma team first looked into the inventory management records of the last source which tabulates all the leads generated on a daily basis, and discovered that a shockingly high amount of data was useless or underutilized… an unpleasant revelation. We were converting only a small percentage of the data into revenue. The next step was to figure out why so many leads were rejected. The unutilized leads were then categorized into different segments based on the reasons for non utilization. This analysis gave us a better picture, and the functional head found out that one segment of unprocessed leads could be immediately used with a minor technical change. Revenue from Waste Implementing the minor change, we started utilising the leads from the very next day. With this initiative, the utilization ratio has gone up substantially in a span of seven days. It cost us nothing & the leads which used to go waste are now converted into revenue. In effect this increase has resulted in increase in the bottom line by 30%. The Six Sigma team is now scrutinizing other segments of unutilized leads for marketability. Plus, this success has inspired us to try out Six Sigma on the other two sources of lead generation and also in HR, who are looking into reducing the Recruitment Cycle Time. We at Natural Search are truly celebrating the change! ••• Problems With Email For SME's Ramakant CEO, Yukthi Systems Pvt Ltd E mail is far from being a perfect system - we all experience problems with email. It is even worse for an SME, with limited budgets and expertise, to get email working satisfactorily. Problems with email for SMEs Solutions available - prior to Captain Mail were: A completely hosted service, wherein a provider gives email "boxes" (like Rediffmail Pro and Net41ndia.) The other option is to use a hosting service, and have an in-house LAN mailer, popular ones being Mdaemon, Postmaster, etc. • Technically, there is a third option - an enterprise class in house email server. The Problem • The hosted service is the simplest, affordable solution for SMEs. But: It is extremely inefficient. Even internal emails go to the service provider and come back. Further, T A S M A C M A N A G E M E N T users pull emails frequently, as little as 5 minutes, leading to high bandwidth usage. Access to all emails/folders isn't available from anywhere (important for traveling executives.) Email archival isn't possible again an imperative for today's businesses. • The hosted service with an inhouse LAN mailer overcomes some of these shortcomings. But it requires technical skill in setting it up and managing it. Also the many vendors involved in this solution (hardware, software, ISP, hosting service) R E V I E W make problem resolution a nightmare for SMEs. • The enterprise class email server solution can't even be considered by SMEs due to the cost, expertise, and infrastructure requirements. Hence, it is clear that no satisfactory solution was availabie to SMEs, and most were facing serious problems. This was borne out by feedback received. The Captain Mail service Captain Mail provides a trouble free email experience by essentially extending the service envelope to the customer's office. Further all necessary features have been built into the service: Managed and secure: It is a totally managed service. The customer just contacts our Helpdesk for anything - user management, reports, troubleshooting, etc. Security is built in due to the virus and spam filtering; the firewall to protect the office network, Internet access control and reports. 14 Celebrating Change / Corporate Initiative • Anywhere access: All/selected users can have access to all their emails/folders from anywhere through the Internet. Further, the built-in VPN option can provide access to other systems/services on the office LAN. • Investment friendly: The costing is what a typical SME can afford; the model is pay-as-yougo, rather than a steep investment. • Locate old emails in minutes: All sent and received emails can be archived in a searchable repository (important in today's high attrition environment.)Thus Captain Mail comes with all the features required by SMEs today, in a neat, affordable package. Architectural features While the above are important features for SME customers, it is the architectural innovations which make it a viable business: • The service is highly scalable we can scale up to thousands of customers. • The service can be provided anywhere, no field visits are required. Installation process is automated/remote; service management and administration remote. • The customer doesn't need 24x7 infrastructure. • The architecture has been devised to provide very high reliability. • Security is an integral part of the service. Present status The concept and architecture have been proven beyond doubt, as it is working well at over 45 different companies, 5 outside Bangalore. Interest and acceptance levels are high. The innovations, however continue... ••• Making A Differently Abled Person Work For You Dr. Narendra Kumar Editor, Optometry Today W hen my younger brother Satyendra Kumar left for the US, some years ago, to settle down there permanently, there was the question of his hearing-handicapped worker Tejesh being thrown out of employment. I offered to take over the Hearing Aid Cords manufacturing business not just to continue to rehabilitate the differently-abled technical hand but, admittedly, also to earn some extra bucks. 15 However, since I'm an eye care professional-cum-editor of an optometric journal. This new venture did not exactly fit in my set-up, and it was soon apparent that carrying on with the making of this item would not be be cost-effective for me. But since I had vowed not to ask Tejesh to leave as long as he wished to work with us, he was gradually trained to serve as a multi-purpose office worker by looking after packaging, mailing, couriering and routine banking jobs...and I can say with conviction that the ‘change’ has resulted in our organisation getting the services of a sincere, hard-working and dependable person! ••• Celebrating Change / Corporate Initiative Electrical Power And Data Distribution In Offices Narendra Damani Head-Product Innovation, Fraser Techno Circuits Ltd G enerally the overall quality of an office installation will be judged not just on the aesthetic details of the design and quality of furniture and furnishings, but on how the technology is integrated, both from a performance but also visual perspective. All too often, insufficient consideration is given to the methodology and specification of power and data distribution within furniture, leading to messy technology installations that are not only unsightly and possibly hazardous, but also subject the client to ongoing higher costs of management and change. The following document outlines some thoughts and guidelines which were successfully implemented for office schemes and data centre applications. I have kept data centre out of the scope of this document even though the same method can be extended to racking applications. This is just to keep focus on the method. Many of the items are blindingly obvious, others perhaps may not have been considered. Building Services Impact upon Space Planning Power provision may be delivered in a number of ways, and each will have an impact upon the space planning:Choice and Consideration of Workstation Electrics Once the appropriate connection method has been decided upon, the next consideration is how to and T A S M A C M A N A G E M E N T what type of sockets to provide on a workstation. It is best to make a provision for outlets above the work surface for easy user access. These can be used for any portable equipment that will be removed from the desk when the occupier leaves. Outlets were provided below the desk in a position that is not easily accessible to the user, but accessible to IT operatives. These are used for any equipment that is a permanent fixture of the workstation. The number of sockets needed can be ascertained by survey. In the event of underestimate the design is such it can be scalable easily. This reflects the fact that people generally underestimate and it allows for future technology to be incorporated. If this is not done, trailing extension leads will start attaching to the installation like a bad rash! Typical items to accommodate • Screen • CPU • PDA • Phone charger • Desk/task light • Lap-top charger or port • External analogue modem (still used for bank access) Effective Cable Management Often, only lip service is paid to this most important issue. Most furniture ranges have some form of cable containment for power and data supply leads. Where they often fail however, is by not providing adequate cable dumps for the plethora of surplus cable which is an inevitable consequence of plugging in lots of IT equipment. R E V I E W 99% of all new installations have structured cabling systems that use the same cable and outlet for voice and data. As such it is no longer necessary to segregate voice and data cabling. Power and data should be kept separate, either by a space of 50mm or with a physical barrier. If armoured cable is used for power, then it is segregated already so it is acceptable for data cables to run alongside. It is worth remembering that if data cables are bundled into flexible conduit as well as the power cable, then the two lengths of flexible conduit can be tied together doing away with the need to use any additional form of containment such as a cable spine. These are good when they work and the good ones are expensive, the cheap ones are more trouble than they are worth and tend to be totally ineffective. A good large dump which allows excess cable to passively fall into it is best. This dump should not be the location of the socket bars. Why provide a cable dump and fill it with sockets? Ideally, sockets should be mounted above any cable dump, allowing cables to fall into place without too much user discipline (a rare commodity) being required. Cable Access Cables from desk top equipment will need to get to the under-desk sockets. This access can be by grommet. This is problematic in that the grommet is only appropriate for any equipment 16 Celebrating Change / Corporate Initiative adjacent to it. Alternatively, a cutout slot in the rear of the desk can allow any plug to pass through, and provided a clear “swipe gap” is available along the back of the worksurface, cables can discretely pass from equipment straight out of sight at the back of the work surface. Never specify sockets above a desk for permanent equipment unless there is a facility to store the excess cables. Summary There is always a right way to do things and the same solution cannot be applied to all applications. Variables such as the type of work being done, the physical attributes and constraints of the office space, the type and design of furniture as well as budget all need consideration before determining how best to service an area. reliable and in harmony with the space, furniture choice and data communication system chosen. Our system is successfully working since last two years at Microsoft Bangalore facility, since 18 months at Network Appliance, more than a year at Fidelity. ••• The solution provided by us needs only basic tools and minimal technical skills. It has REAL PLUGPLAY with functional aesthetics. Generally, the solution should be safe, cost effective, adaptable, PROP - Process For Rolling Out Processes Natarajan Iyer Vice President, HR, QuEST Services Pvt Ltd INTRODUCTION eaders as change champions are constantly evolving and developing the DNA of their organizations in the form of process frameworks. Why, when and how to launch new processes that touch people, existing processes as well as technology is a constant challenge they face. It is not just about project management rigor, but also about how to get buy-in from people who may be at various levels of maturity when it comes to process orientation. This is a typical challenge faced by growing organizations reaching out from an entrepreneurial culture to a process-oriented culture. L The process roll-out has to be absolutely reliable as the new ideas and processes it seeks to introduce are precious. Also, there are huge time and opportunity cost implications. Roll out has to be “environment”-friendly and create the least amount of noise. The process must penetrate and get 17 lodged in the daily acts - habits thoughts and character of people and yield tangible results. QuEST’s PROP or Process for Rolling Out Processes emerged as a solution to these imperatives. The key aspect of PROP is a series of simple steps to launch processes in a phased manner with buy-in allalong. It also pays attention to justification for the change, articulation of the desired end-state and conquering both “heart” and “head”. Over the past couple of years since PROP was conceived and implemented, over seventy new processes have been launched and institutionalized. The popularity of the PROP culture is so high that, today, in case a process has cut corners and was introduced without PROP, employees highlight it in the monthly employee Open House. PROP in a nutshell covers the identification of process owners, costs, and resources required, time commitment from teams, capital investment, and timelines to create, pilot, and implement. WHAT DOES PROP CONSISTS OF? PROP consists of the following steps 1) Need Definition 2) Process Concept & Execution Plan 3) Process Generation & Implementation Plan 4) Execution of Pilot and Revision of Process as Required 5) Communication & Full-Scale Implementation 6) Monitoring and Continuous Improvement A summary of the steps is given below 1) Need Definition: The deliverable of this phase is a document stating the need, evidence, impact and desired outcome of the process, success Celebrating Change / Corporate Initiative criteria, metrics and stakeholders. provide actionable feedback. 2) Process Concept & Execution Plan: This involves high-level planning and documents the process concept – root causes, process to address them and execution plan. 5) Communication & Full-Scale Implementation: This step involves roll-out communications, coordinated roll out and initial metrics and reports highlighting infant mortality issues 3) Process Generation & Implementation Plan: This involves a detailed document with the process description, the problem it addresses, process owner, steps, and stakeholders. 6) Monitoring and Continuous Improvement: This step involves sharing of post-implementation metrics to stakeholders and communication of results to staff. 4) Execution of Pilot and Revision of Process as Required: This involves a limited roll-out of the process to select group or groups. It measures the process, identifies issues and suggests revisions where necessary. The pilot group is chosen as the smallest group with the right maturity to effectively evaluate the process and All documents and templates in PROP are kept clear, concise, easy, simple and effective. BENEFITS The benefits of PROP are: 1) Top management can ensure that its investments on new processes are justified, effective and institutionalized across the company. 2) Perfect role-clarity and focus is achieved across all stake-holders and at all stages of the roll-out. 3) Participative framework for institutionalization is achieved so that perfect transparency and alignment is assured across the rank and file. CONCLUSION PROP process has been successfully implemented in QuEST and it is yielding rich dividends by securing returns on investment. This is crucial since the actual acceptance life-cycle on new processes needs to be short whereas the elapsed time for the process to yield results could be months or years. We believe PROP would be equally valuable to any organization for rolling out processes and bringing about sustainable change. ••• Combined Strength A. Senthivel Director, Frontier Tours & Travels W e have changed! This is a story of a merger, on a smaller scale. Frontier Tours & Travels ( a 7.5 crore turn over company), Holiday Bliss (P) Ltd (a 3.5 crore turnover company), and another person's company comprising Ghar Ka Khana ( a north Indian style home-food outlets 2 numbers), Coastal Travels (a tourist coach operation company with 5 coaches), Vaibhav on Wheels ( a company with 12 tourist cabs), Chowpatty ( a chat corner), Trident Hospitality ( a star-standard PG accommodation) all these companies, currently owned by three different individuals, are getting merged and becoming a 13 crore company by 1st April 2007. T A S M A C M A N A G E M E N T The new entity is known as Green Leaves (P) Ltd. Green Leaves Hotels division has already taken up two hotels/resorts on lease, one in Alleppey and another in Gokarna. The combined financial strength plus the strength of combined talent has given us the courage to set up two more branches immediately one in Mumbai and one in Delhi. Individually, it would not have been possible to do this for any of us. has taken us by surprise. If we want to grow into the region of 10000 crore turnvoer, the only way is to pool. We have a set a vision to ourselves. Now, we are working on a war footing to merge companies. The process is on. ••• The reason for coming together is to combine strength- talent, experience, finances. Individually, each company was built from the scratch.Each owner was proud about being the `owner' of the business. But, suddently maturity R E V I E W 18 Celebrating Change / Research Paper Change Management Shushruta Bhandage and Roohee Begum Alliance Business School, Bangalore T o quote Machiavelli from ‘The Prince’ : 'There is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than the creation of a new system. For the initiator has the enmity of all who would profit by the preservation of the old institutions and merely the lukewarm defenders in those who should gain by the new ones.' innovating new methods for growth, disrupting currently useful technologies and creating surprising opportunities. As clichéd as it may sound, change is definitely the most permanent thing in life. We deal with all types of changes ranging from changes in our surroundings, changes with/in people, and more so in organizations or workplaces. IBM was slowly sinking before it was rescued and refitted under the new leadership and the energetic and determined employees. Microsoft has transformed into an integrator of computer internet solutions from a software company. Why is change so necessary? The challenge to sustain a competitive edge in the market preoccupies the minds of majority of the business leaders today and increased competition means that if organizations do not continually analyze themselves and do a thorough SWOT analysis of what is happening in and around them, then they would evidently be out of business. Pick any industry and chances are that it looked very different in the 1980's than it did in the 1990's. Likewise, the industries of 1990's had changed drastically by the succeeding decade. Success and growth together bring, about the need for change. Environmental factors beyond one's control also force change. Like the sailing boat cutting through difficult waters, corporations would have to spruce their sails and weave their way through forces of change globalizing industries, converging and consolidating technologies and strategies, 19 IBM, Microsoft, General Electric, Enron, apart from the fact that they are world class organizations have another thing in common - these companies and many others represent a few episodes in the saga of corporate transformation. Intel's Andy Grove had to switch the entire focus of the company from memory chips to microprocessors in 1980's. This was a monumental task but in need of change. Ford's Donald Peterson embraced change required by the quality revolution and transformed itself fundamentally. Corporate managers have to travel in an uncharted course. The immense power of international finance and the potential of internet to move money across borders, ability to source from any where in the world, shorter product life, changing tastes and aspirations of customers- all these factors have changed the rules of the game. Change is inevitable and a necessity; acknowledging that, businesses should see it as an opportunity to reinvent themselves and not as a threat. It is essential and extremely important to identify change and organize oneself to prepare and to quickly respond to the same while repositioning the organization. Organizations face change due to advent of new technology, stiff competition, new market, demand for greater performance, government policies, new product, changing nature of work force, new leader, innovation, growth, new vision, merger-acquisition, divestiture and prepare to adapt to it. Types of Change programs: Change Cost Process Structural Cultural Structural change - An organization is treated as an asset of functions that are reconfigured during mergers, & acquisitions. Cost cutting - During tough times cost cutting programs eliminate redundant activities. Process change - These are Celebrating Change / Research Paper initiated by altering how things get done. Its aim is to make processes efficient, fast, reliable and less costly. Cultural Change - These programs focus upon “human” from command and control to empowerment, respect, and involvement. Two approaches to “change” Theory 'E' change is a draconian method which focuses on rapid increase in shareholders' value. This relies heavily on cost cutting, downsizing, head count reduction, implicit contracts between employee and employer of lifetime employment stand null. Theory 'O' change aims to create high performance by fostering a powerful culture and capable employees. It is characterized by high level of employee learning, flatter organization, commitment and a strong bond between organization and its people. Methodology 4 E's of Change: Change management revolves around cycles with four phases being 'Enquire', 'Envisage', Employ', 'Evaluate'. Enquire: In this phase possibility of issues and opportunities is analyzed. Self introspection and industry and market appraisal are used to do so. Envisage: This phase is for envisioning and communicating the message to the audience in time. Blueprint for future changes include achievable targets, action plan, feedback and performance measures. Employ: This is change implementation phase. Change team should transfer the skills and manage opponents, followers and enthusiasts. Evaluate: Changes are evaluated on the scale of benefits and the T A S M A C M A N A G E M E N T envisioned blue print. Even failure imparts lessons for future. The seven steps to create change: In 1990, Michael Beer and his colleagues Russell Eisenstat and Bert Spector identified these 7 steps at business unit and plant levels to create real change. Step 1: Mobilize energy and commitment through joint identification of business problems and the solutions. Problem identification is not the only criterion, it is also important to know how the problem is identified. Motivation and commitment of people who are involved in identifying the problem and planning its solution is greatest. The second part of the step involves developing a solution to a problem. It's important to make people involved and to bring them face-toface with urgent business problems and their root causes. Step 2 : Develop a shared vision of how to organize and manage for competitiveness. It's just not sufficient to develop a clear vision of an altered and improved future, but also important to communicate that vision to others in ways that make the benefits of change clear. An effective vision must: a) describe a desirable future b) be compelling c) be realistic d) be focused e) be flexible f) be easy to communicate to different levels. Step 3 : Identify the leadership An organization must identify the best people involved who will take care of all the levels and hence look to managers of changetargeted units. R E V I E W Step 4 : Focus on results, not on activities. Concentrate on things that will contribute directly and tangibly to bottom-line improvement. Step 5 : Start change at the periphery, then let it spread to other units without pushing it from the top. The probability of success is greatest when change is instigated in small autonomous units. Step 6 : Institutionalize success through formal policy systems and structures. Gains can be consolidated through policies and systems that describe how work is to be done and it is also critical to measure the change. Step 7 : Monitor and adjust strategies in response to problems in the change process. Unanticipated changes can make few elements of change fail. So change leaders must be flexible and adaptive and plans must be robust to accommodate alterations. Many ingredients are required to move from the present to an organization's desired change. The process takes time, vision, and rolemodelling. The core requirements for successful organizational change be it in individuals, teams, departments or divisions are as follows1. Motivation 2. Procedural and cultural changes require working with the latest tools of learning. 3. Rewarding success 4. Promoting changes with workshops 5. Launching the change management program 6. Ensuring alignment of the company's goals, objectives, values and beliefs. 20 Celebrating Change / The Research First Paper Page An organization also needs to create a climate that is conducive for fostering creativity and innovation and hence needs to identify and develop the right blend of practices . 1. Setting direction : As an organization starts to plot its direction, a certain amount of tension builds, which helps enhance creativity. This tension produces energy and a spirited debate. Diversity is the secret formula for creativity. Unfortunately industry sectors, cultures and regions overlook this fact. 2. Mapping the purposes of specific groups of creativity profiles : An organization must match the specific objectives of various groups of creativity profiles with the organization's priorities, and finally summarize the purposes that the group needs to pursue in each profile to achieve the desired outcomes. 3. Creating an action plan to integrate creativity practices : The organization must finally create an action plan for initiating and integrating diverse practices. a) Barriers to implementation Incompatibility among purposes and practices has to be overcome, since if they become highly developed it can be detrimental. b) Multiple purposes organizations must choose to pursue multiple purposes in any of the following ways separation, sequencing, or synthesis. 4. Developing the action plan : Brainstorm and post ideas from various people in the organization, for this activity. All said and done, change can be exciting, and if managed correctly, it can be a vital component in the vitality and continued growth of an organization. ••• What Is Change In an Organisation ? Chandan Kumar IBMT, Bangalore T ry to achieve better than today! Probably the best way to explain the concept of change. By what we call creative recombination. Achieving change through creative recombination is not just a theory, it is practical work. One of the key challenges in creative recombination has to do with the possibilities you see. Finding those organizational elements that you can recombine effectively begins by knowing first where to look. What follows is a mapping technique that highlights the full range of possibilities and acts as a tool to make sure you don’t miss any good one. Look at any organizational architecture and you will find five common elements or recombinations-people, network, culture, process, and structure. The people in our organization of course are our employees. These employees create network among 21 one another, that is they exchange information, favors, resources and even gossip through the firm’s informal system. Structure refers to the organizational boxes line of communication and reporting, staffing and control mechanism that managers put in place to make sure that employees carry out processes effectively and efficiently. When you craft change through creativity recombination, rather than eliminating existing, people, networks, culture, process, and structure and replacing, them with new ones, you instead work with what you already have, in other words you only at existing parts of organizational architecture for your change solutions. We would like to present you with a radical idea - most, if not all, of your previous training and experience in people and process management has prepared you to be effective from the perspective of the past, and ineffective in regard to the future. The greater your past successes, the more likely it is that you will experience difficulties in the future. Most managers have been well educated in regard to logic, analytical reasoning, and problem solving. These skills have been nurtured in the home, stimulated in every phase of education, and further developed and rewarded in the workplace. All of this learning takes place at the expense of developing the perspective and skills necessary for managing people and demonstrating effective leadership. Truly effective leaders cultivate an intuitive comprehension of non-rational, paradoxical people and situations, and understand and respect the emotional and spiritual longing that people bring with them into the workplace. Well schooled in "living in our heads", we often find during challenging times that Celebrating Change / Research Paper the body as a whole consistently refuses to implement actions dictated by the logical mind, just as employees often balk at directives set forth by management. While the logical self says "I should and I will" the body says, "I can't and I won't!" As individuals we resist all change that does not "feel" right to us. The same is true of any workforce. Our work together needs to be about the conscious creation of high performing, self-monitoring, and special purpose communities. Special purpose indicates that all communities exist to achieve an end, whether explicitly stated or not. A community exists only in the actions that it takes to achieve that end. Organizations rarely explicitly state their reason for being, except in a nebulous manner. The term community recognizes that leaders, managers, employees, and customers seek a sense of belonging and require as a condition of personal commitment, a supportive emotional environment. The term business community describes an environment in which the complex set of organizational and individual behaviors that result in learning are grounded in actions that signal dignity and respect both to the customer and to the employee. A business rarely plans at the start the kind of community it becomes as time goes by. Rather, a business community evolves over time in interaction with, and often as the result of, a broader system. A pattern of effective actions evolves during lengthy periods of organizational success. We then deliberately build these effective actions, and the behaviors thought to produce them, into the community. Beliefs, rituals, stories, and values communicate them. Methods, procedures, organizational structures, and the criteria within appraisal and compensation systems require and reward their use. Over time, the T A S M A C M A N A G E M E N T conscious rationale for these underlying structures fade, and the behaviors produced become unconscious and habitual organizing aspects of the system. Community behavior becomes part of the background and history of the organization. Behaviors become embedded in the bodies, the biology, of staff. In the process, these behaviors become disassociated from the effectiveness they are meant to bring forth. Typically, most organizations only assess the overall health of the community they have evolved when a breakdown occurs which dramatically reduces the organizations ability to continue to achieve its special purpose. Few organizations have appropriate robust models of community to model the workplace after. Because of this, there is usually little patience with the difficulty and discomfort of the renewal that every organization must go through periodically. Most companies seek a quick fix of offthe-shelf, event-based training instead of examining the various threads woven into the fabric of the community. Companies hope to "fix" their current difficulties by hiring experts in team building, communication, or management and leadership development. However, the actions that flow from these newly developed competencies rarely transfer from the training room to the workplace. This is neither the fault of the trainer or of the employees. Rather, it is testimony to the power an organization's underlying structure has on influencing group and individual behavior. This underlying structure seemingly evolves and mutates on its own, without explicit directives from management. The overall results an organization achieves are produced by repetitive patterns of behavior carried out by the individuals within the organization. These patterns of behavior are strongly influenced by the underlying structure of values R E V I E W and beliefs the organization has unwittingly propagated over time. Given the "chicken or the egg" nature of organizational development, we find it is most effective to start the process of organizational review and renewal by examining and bringing greater awareness to the beliefs and behaviors of individuals, while concurrently modifying the organizational structure to reinforce the shifts each individual needs to make. In the face of this massive, inflexible system we call the workplace; we need to explore what actions we can take to assist the process of transformational change. 1. Understand Organizational Change and Renewal : Make sure that everyone involved understands the process of change. An understanding of organizational lifecycles is as critical to the leadership of change as product lifecycles are to the management of research and development. Facilitating the waves of change rather than being engulfed by them requires foresight and pro-activity. Yet change often produces a sense of loss of control and a mood of fear and resignation signaled by a slowing or freezing of effective action. Most often people focus their efforts on keeping change from occurring, or on returning the community to its previous state of equilibrium and its members to their previous sense of control. Most employees believe that management has the responsibility and authority to eliminate the stress of change and return the organizational system to "normal." Yet under certain conditions, management has the obligation and responsibility to lead the organization into chaos, to increase stress and disequilibrium so a higher order system can evolve - a system 22 Celebrating Change / Research Paper whose structure cannot be predetermined. It has an equal obligation to assist employees in determining where the organization falls in its cycle of growth and renewal and in requesting their assistance in shifting the behaviors, beliefs, and structures necessary to renew effective action. 2. Practice, Practice, Practice : Except for businesses, every form of team practices regularly. Sports teams, orchestras, the cast of a movie, all practice incessantly; and rehearse daily. Only in business do we form teams with no opportunity for regularly scheduled skill diagnosis, learning, and practice other than the economic reality of day-to-day operation. In the course of practicing, we can challenge the community to perform outside the familiar and comfortable in both content and location, and we offer the possibility of a clear public and conscious reassessment of the effectiveness of current processes. We can shift the unit of analysis from the individual to the community/team and provide a safe place to observe habitual behaviors and test the effectiveness of new ones. 3. Learn How to Dialogue : Recreating community is different from joining community. We join communities that have existing values and behaviors, typically implicit, and evolved over years. Recreating community requires explicit declarations and commitment to a redefined set of values and behaviors. Developing these values beyond the vague characteristics of the Boy Scout-like "friendly, courteous, kind..." requires practice. Few of us have developed skills at dialogue, 23 which involves a respectful exchange of ideas and information. Most of us however are masters at debate, which is the delivery of sequential monologues on our differing points of view. Explicit agreements to consciously and continuously declare test, and review assumptions about how people think, feel, and act, as well as the beliefs attached to those assumptions provide the basis for trust and honesty in community. There are several ways to provide practice in dialogue that also further the content of community. Assessment instruments, using the community as the unit of analysis, provide a non-threatening content basis to dialogue existing norms and effectiveness. Content can range from measures of team culture to team effectiveness, from management style to learning style. The content chosen for educational purposes is irrelevant to practice in dialogue. training may be necessary, yet such activities are never sufficient in moving businesses towards becoming a high performance community. There is a significant distinction between providing competence in new sets of behaviors and recreating a community in which those new behaviors become habitual - part of the background and history of the organization. Outside consultants and trainers can provide the competence. Only the business itself can take the actions, often counterintuitive, necessary to sustain it. • • • Assessment instruments or content using the individual community member as the unit of analysis provide practice in dialogue at a different, higher intensity. An understanding of the basis for individual differences and the synergy those differences produce provides an additional basis for trust and honesty and a context for practicing dialogue. Whether focused on gender, race, or the more subtle invisible differences of culture, sexual orientation, personality style, or data collection and processing modes, dialogue that involves an appreciation of "difference" invariably strengthens the community. 4. Bring the Community Together to Plan Change : Event based practice and • Rebuilding and sustaining community requires a multi-step process that enables us to: Bring the unconscious, habitual behavior of both the individual and the system to the conscious level. Assess the effectiveness of behaviors in achieving the business's current or future strategic intent. Identify additional behaviors assessed as necessary to achieving strategic intent. Identify and redesign the underlying structures that influence and promote effective behaviors. Organizations must weave this process of strategically rebuilding community throughout the daily context of their work rather than view it in isolation as a series of training events. Events can serve to create the desire and blueprint for change. It is the work that occurs between events that produces the momentum for and joy of change. Therefore nothing is required to make change happen, smoothly and effectively in organization except employees development. ••• THE POWER OF MIND... ...IN SERVICE OF YOUR BUSINESS To stay ahead in face of global competition, the industry today relies on human resource equipped with the ever changing & advancing power of knowledge. Through its range of services, TASMAC brings you the best of every parameter of this all important knowledge resource. 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T A S M A C M A N A G E M E N T R E V I E W 24 Celebrating Change / Research Paper To Change Or Not To Change Sujata Chowdhury Dr. Ambedkar Institute of Management Studies I ntroduction : Mark Twain is purported to have said that ‘the only, person who likes change is a wet baby and we all know he is probably right’. The word change strikes fear into the minds and hearts of some people, to others it brings a ray of hope. This condition is going to exist and continue. There is no way to avoid it. As regulatory pressure, increasing customer demands, and competitive forces impact utilities worldwide, change is becoming a norm rather than an exception. It is becoming increasingly important for managers to act not only in their traditional roles but also as transitional leaders - a role that focuses on guiding people through changes inherent in the industry today. The concept of Change Management describes a structured approach to transitions in individuals , teams, organizations and societies that moves the target from current state to desired state. Change Management is a basic skill that most leaders and managers need to be competent. When leaders are planning to manage change there are 5 key principles that need to be kept in mind: 1.Different people react differently to change – The spectrum of change maybe represented diagrammatically as Stability... change. Different people have different preferences for where they like to be on this spectrum. Some like to be at stability end - they like things to be the way they have always been. Others like to be at the 25 change end - looking for something new and different. Problems arise when individual preferences differ from the situation they find themselves in. In these situations individuals involved can experience • Strong dissatisfaction • Stress • Negative attitudes • Resistance • Intense emotions • Loss of rational judgement 2. Everyone has fundamental needs that have to be met-. a famous psychologist identified three basic needs of people in interpersonal relations. These basic needs are of fundamental importance in people’s reaction to change, they are • The need for control • The need for inclusion • The need for openness While these needs may vary between people, in any change process there should always be some degree of need for control over one's environment, some need to be included in the process and some need for open information. 3.Change often involves loss and people go through loss curve-the relevance of loss curve to change management program depends on nature and extent of loss. There are many variations of the loss curve. One is “Sarah” which is based on individual experiences(in order):• S-hock • A-nger • R-ejection • A-cceptance • H-ealing The commonest factors of loss curves are:a) initial period when change does not sink in b) when loss is realized, individual hits a deep low c) period of adjustment to the new situation which can be very uncomfortable and take a long time. 4.Expectations have to be managed realistically- the relationship between expectations and reality is very important. Hence it is very important that promises have to be kept by setting the expectations on a realistic level which could be exceeded. 5.Fears have to be dealt with- there is some degree of fear involved when confronted with change. Fear may be rational or irrational because when change is of significant proportion there is some degree of irrationality in people’s subconscious mind .Fear may be due to anticipated : • insecurity reasons • loss of money • loss of pride and satisfaction • loss of freedom • loss of responsibility and authority • loss of good working conditions • loss of status There are two perspectives to change management:A) Individual change management B) Organizational change management A) From individual perspective the most popular one is the ADKAR model by Prosci which is as follows: A - Awareness of need for change D -Desire to participate in change K - Knowledge of how to change it A - Ability to change it R - Reinforcement to sustain the change B) From organizational change management perspective two Celebrating Change / Research Paper aspects are of primary relevance. They are i) Managements’ role; ii) Organizational development; Here emphasis is given on; acknowledgment of contribution at individual level through a 4 stage process : Discover - Identify processes that work well; Dream -Visioning processes that could work well in future; Design - Planning and prioritizing processes that would work well; Destiny or deliver - Implementation of proposed design; At this point it is very important that organizations know at what speed the change must take place. A headlong rush into change is a near guarantee of failure. Understanding the rhythm and pace of change makes transformation more successful. The classic model of corporate change developed in 1940’s state:- Unfreeze existing attitudes and behavior; - Implement new systems, processes; - Refreeze the changes made and embed them in new culture; Radical rip-out-and-replace merchants often ditch at last stage because if one pushes too much change too fast the companies don’t change and in fact perish. Hence it is key to realize that change need not be dramatic, it can be: • Creative recombination or innovative • Systematic • Dynamic & stable In order to avoid the chaos that follow an intense period of change, managers can initially, in the unfreezing stage: Outline to divisions about what change will mean to them; Set the pace and rhythm of change; Consolidate changes already made before moving on to the next one; Identify subtle resistance and false enthusiasm; Create a dashboard to monitor the impact of change; T A S M A C M A N A G E M E N T Then going for the change, which is implementing the actual change accompanied by change in culture and belief. Next step is about refreezing change where the groundwork involves realignment at 3 levels : - the company should fix change company wide; - managers should focus on developing trust by setting clear expectations and provide honest feedback; - keep communicating the benefits of change; The greatest acid test that change has frozen successfully is when no one thinks about it anymore , the change is so deep-rooted that it becomes the default mode. For Large Scale Organizational Change The major features of large-scale, real-time change management process include: • Focusing on application of systems theory • The database source is no longer internal to the organization, but now involves both the organization and its environment(an open-systems approach) • Time: what was formerly a slow “waterfall” process is now a, fast quick response which results in immediate action taking place • Learning moves from individual to the whole organization • The responsibility and accountability moves from senior management to a mixture of senior management and whole system • The consultant role, formerly reserved for data collection and feedback, now also includes structures and facilities for data analysis and action planning • The change process moves from incremental change to fundamental organization-wide change Some Large group Approaches Dannemiller-Tyson Interactive R E V I E W Strategic Planning Kathie Dannemiller and her coworkers use a 2 to 3 day event of 100 to 2300 people, to roll out a new strategic direction, to get clear on their strategy, and to provide feedback to the top people in the organization. Their approach is very task focused and very structured, and involves interaction in small groups as part of the full group proceedings. The theory of the Dannemiller approach is based on BeckhardHarris-Gleicher formula: Dissatisfaction x Vision x First Steps > Resistance to change. This means that three components must all be present to overcome the resistance to change in an organization : Dissatisfaction with the present situation, a Vision of what is possible in the future, and achievable. First steps towards reaching the vision . If any of the three is zero the product will also be zero and resistance to change will dominate .The purposes of these OD interventions are to bring approaches to the organization that will enable these three components to surface so that the process of change can begin. They also use Drucker’s strategy of converting words into actions. They believe that there should be a common activity focus which is highly reactive, yet highly directive from above. Mary Weisbord’s Future search Conference This is a planned 2-1/2 day event. Ideally it involves 64 people, with maximum of 72. This is clearly too small for many whole–organization large-scale change events, but it works well for small groups. Weisbord’s conference is designed to define and move towards the preferred future, through finding common ground among diverse participants .The preferred future approach involves an examination of past, present and future—for the whole system .Weisbord uses “prouds and sorries”, a look at the 26 Celebrating Change / Research Paper successes and failures in the organization, to develop scenarios of their preferred future. Like other practitioners Weisbord puts an emphasis on action planning to define the steps that will be taken so that the process does not end on the conference itself but is translated into future action steps. Selling Change To successfully implement any model of change management the three key ingredients are • Empathy • Effective communication • Participation The first key in any change situation is to use empathy to determine probable reaction to a contemplated or definite change. Empathy is not an inherited trait. It is something that can be developed by getting to know the other person. An analysis of conversation with affected person would identify the degree to which the person resists or welcomes change. The second key to successful change management is effective communication which also involves feedback. The importance of feed back is to do with feelings of employees. If they feel that their reactions and suggestions are being considered, they will be more apt to welcome change. The third and last most important key factor is employee participation. It begins with a philosophy among all levels of management ,right at the top. They must believe that participation can benefit both the organization and the employees. suggested by subordinates or peers, or managers may think of it themselves, but it is present. To be effective, managers must consider it a way of life. The key to their success is their ability to manage it so that the best decisions are made with the highest level of acceptance by those who implement them. References and Bibliography: • Managing Change Effectively , Approaches, Methods and Case examples, Ann Donald L. Kirkpatrick, Butterworth Heinemann • Business process management, practical guidelines to successful implementations - John Jeston and Johan Nelis, Butterworth Heinemann A change may be small or it may be large. It may come down from higher management, it may be ••• What does it take to make change happen smoothly and effectively in Organisations ? Priti Kumar Dr. Ambedkar Institute of Management Studies W hat are the ingredients required to make change happen, smoothly and effectively in organisations? "Change is an unavoidable ongoing process." In today's world we have to make change a practice to, avoid obsoletion which is happening in and around the world. Survival is not possible without acceptance of change. The current market trends also reflects the same. Air Deccan has changed the concept of air travelling. The Indian Postal Department incurred loss because of late realisation of change. The ERP concept has changed the resource management. To make the change happen some common practices are:Organisation’s Readiness 27 Planning in phases by keeping the general core competence of the organisation in consideration. Brain storming session by employees to make the implementation easier. Be ready with the back up plan to manage unavoidable circumstances. Cost/Benefit Analysis Be prepared for an inevitable downturn, plans should be ready to make more flexible business models to help the company navigate in both good and bad economic cycles. Organisation’s Committment Management must stick firmly to the planned change and standby to it even in adverse circumstances, to pass the significant requirement of its implementation. Employees' Support A company should nurture this resource to keep the organisation growing. Employees readiness makes any change simpler which could be achieved by: • Providing in advance information about the upcoming changes Take their opinion in to consideration by involving them in the process. • Gains of organisation and employee should be properly communicated. Individual Gains Clear and fast communication across different levels, to bring cooperation from the workforce. If the benefits of learning the change is known, the process of change becomes faster and effective. It could be explained keeping individual career growth in to consideration. This will provide Celebrating Change / Research Paper personal appeal of the management for the employees. Organisational Gains Organisational gains bring individual gains and vice-versa. Employee should provide their combined effort to make the change happen, the importance of teamwork should be clear among all. It is good to be recognised as individual but sharing of reward as a team and their importance should be taught by setting examples. Competitive Standing or Brand Image If the respective repurcussions of avoidance is made clear to the people, it becomes easier to gain their hands in implementation. Constant Innovation Organisation should be sure that in the declared industry sectors where organisation has to compete, it is viewed as an innovator and that it has the market momentum to outperform their competitors. A second priority is to continually improve the business models and the margins - not just in terms of profitability, but also in freeing up more investment dollars for growth. Organisation must see this as a major strategic advantage. A third priority is providing premium value to the customers who have come to expect highquality products and customer service from the organisation. Implementation Implementaion should start from the respective interested volunteer, who could be taken as change agents for the mass, because mass is more influenced by their immediate role models. Evaluation Benchmarking and control Any implementation should be followed by frequent evaluation to keep track with the planned progress to achieve plannned objective within time. T A S M A C M A N A G E M E N T What does research say about successively managing a big transition ? As in the change process, it is an exciting time, a time of great opportunities for those who can see and seize them, but of a great threat and fear for many. It could be more difficult to hold organizations and societies together. The softer words of leadership and vision and common purpose will replace the tougher words of control and authority because the tough words won't bite anymore. Organizations will have to become communities rather than properties, with members, not employees, because few will be content to be owned by others. Societies will break down into smaller units but will also regroup into even larger ones than now for particular purposes. Requirements to manage a big transition: Build support for the approach. Have Popular and powerful change agent. • Change will not work unless supported by powerful person (wider the support better the change). • Counselling for tension and conflict arising from change. • Clear vision for better implementation. • Determination to make change happen. • Clear and faster communication. • On time recognition by respective rewards to keep motivation level high. In today's turbulent global economy, two issues stand out as critical to corporate success: change management and leadership development. When executed properly, change management allows companies to evolve and grow over time and respond appropriately to external market forces that have a significant impact on organizations. Developing effective leaders is critical to help R E V I E W guide the organization through change and inspire the kind of employee loyalty and engagement that is a hallmark of high performing businesses around the world. Organisation should have a performance management planning cycle, where every individual has goals set for an annual cycle, quarterly or mid-year reviews, and then a formal performance review. The formal performance review is a concrete discussion with a person’s respective leader about strengths and weaknesses, specific development plans and goals for the coming year. Create a more engaged and loyal workforce—people who buy into the mission and values of the company. Two-way communication is the key to effective engagement. From the top down, organisation should have a variety of vehicles that enable it to communicate with employees—not only the management messages but the human messages as well—to make employees feel that they are contributing to the company’s success. But also make sure that employees’ opinions and ideas are listened to and valued through by annual employee survey. Have outstanding participation rates, which is a key indicator of engagement. It means employees are interested enough to tell what they’re thinking. A highly effective means of communication is skiplevel sessions, which creates a forum for open, face-to-face discussions for leaders to listen to feedback from employees at different levels. This is an effective way for managers to learn but is also meaningful for employees who do not often have the opportunity to hear from and meet with senior level leaders. It pays huge dividends to management because employees really feel valued, and will appreciate committing. 28 Celebrating Change / Research Paper Invest very significantly in recognition programs that are linked to employees values, at all levels, who really express and bring to life those values—individually or collectively. What does an organisation have to do for creating a climate conducive for creativity and innovation ? The organisation should have a strong set of cultural values–having a will to win as chief among other values. Internally, this translates into demonstrating a strong knowledge of external competitor activity and market trends, and understanding key business drivers to identify business opportunities. Organisation should know from experience that change is best initiated from a position of strength. So organisation should spend lot of time with the employee to raise their awareness about the competition as well as to develop effective business strategies and drive business improvements together. Organizational change can take many forms–new management structures, new technology infrastructures and acquisitions–that have a profound impact on an organization. Along with this change comes ambiguity and uncertainty. • The biggest sin of leaders is to leave ambiguity or uncertainty lingering for too long. Groups where uncertainty has lingered, tend to react more negatively. So in managing change, organisation should remove uncertainity as rapidly as it can. • The organisational structure should be more horizontal with adequate allocation of responsibility and authority for the respective jobs, to bring creativity, cohesion and bonding among team and with organisation • Recognition and Reward in any form to the deserving candidates brings enthusiasm and motivation to perform better and better which also creates ambition among others to 29 follow. • Practising, very new HRD trend “Emotional Intelligence”, where managers try to understand the subordinate’s behavior, driving factors, emotional condition which affects their work indirectly and counselling them accordingly. • Core competence, recognise the core competence of their resources so as to achieve their best. • Parltialism and favouritism should be demoting practices. • Employee should feel free to share their ideas across any level of hierarchy. • Should be recognised by their high value and ethical practices. • Should be pioneer in new technology so as to stay ahead in market and in the mind of the customers. • Organisation should be committed to continually improve the quality of the workplace and to create an environment where employees will learn and develop themselves. The net effect of these efforts is that it makes work force more involved, engaged and excited about their work. The best leaders should set some behavioral traits from their experiences about: • How to lead • Attract the best talent • Motivate people • And build the best mentoring programs. And replicate elements of these management behaviors into best practices in the form of leadership toolboxes that are issued across the company. “What should an individual need to do to get his ideas across successfully to others” The current trend is to tap the talent. For this one has to be very focused on retention and rigorous development processes so that the best talent really knows that the company is investing in them. Change is the result of an organizational learning process that centres around the questions: 'In order to sustain and grow as an organization and as individuals within; what are the procedures, what is the know-how we need to maintain and where is the need to change?', and, 'How to manage a change, that is in harmony with the values we hold as individuals and as organizations?' This can be made simpler by applying some of the ways to convey the idea across others: • Goodwill of the individual • Good listening skill of the individual • Understanding other’s point of view. • Narrating the idea from their point of view • By knowing clear and hidden needs of others • Being open to the possibility of failure and back up for it • Enquiring as reminders or followups to know the status • Making two way communication, to know the employee better • Learning organization to stay always ahead • Visioning, broad visioning makes the idea more focused and convincing • Systems thinking-to make the idea applicable • Understanding mental maps for good co-ordination • Learning from mistakes • Feed back to know approachability • Appreciative inquiry. ••• "Today, my company will select the marketing team for our new joint venture in Indonesia… If only I had done my MBA! " Indian industry has started reaping the benefits of globalization. And it's only the beginning. The coming years will see an explosion of global opportunities. Empower yourself to make the most of them… UNIVERSITY OF WALES, U.K. Validated degree programmes right here in Pune MBA ( Part Time ) Validated by TASMAC, the first and only institute outside U.K. and Europe to be accredited and recognized by British Accreditation Council for Independent Further and Higher Education (BAC), U.K. is also India's first ISO 9001: 2000 certified management institute. BA UNIVERSITY OF WALES, U.K. Right here in Pune! Eligibility : A good bachelor's degree from a recognised university OR Non-graduates over the age of 25 years who can demonstrate relevant and appropriate prior learning experience that would enable them to contribute to and benefit from the programme. Programme Highlights/ Advantages at a glance n Opportunity to get an Internationally recognised British Management Degree right here in India n The students are registered with, and the degree is awarded by University of Wales, the second largest & one of 4 Federal Universities in U.K. n British Degrees are valued and respected worldwide n Programmes include core training in transferable skills n Transfer possible between Pune & Bangalore campuses n Fees much lower compared to similar programmes in U.K. In addition, students save on travel, accommodation & other expenses. n Programme designed for working executives n Programme conducted on weekends n Opportunity to continue working and maintaining your income while gaining an internationally relevant and recognized qualification n 2 year programme including dissertation n Expert faculty who consult to business and have varied academic and corporate experience n A practical curriculum which has an immediate impact on operational effectiveness n Team based learning will ensure that you develop excellent people management skills during the programme and also form friendships and networks that will stay with you long after the degree is complete. n A dedicated management education facility with excellent learning resources and facilities. INTAKES IN OCTOBER, FEBRUARY & JUNE EVERY YEAR For complete prospectus/application form, please send DD/MO/IPO of Rs. 800/-. For free details contact : ® TRAINING & ADVANCED STUDIES IN MANAGEMENT AND COMMUNICATIONS LTD. www.tasmac.ac.in/wales E-mail : [email protected] CORPORATE OFFICE AND PUNE CAMPUS : TASMAC House, TASMAC Road, Viman Nagar, Pune - 411 014 (India). Tel. : +91 (0)20 65003871/65003872/26632456/26632893/65263534/65001431, Fax : +91 (0)20 26632362 BANGALORE CAMPUS : TASMAC House, 7th Milestone, Kudalu Gate, Hosur Main Road, Bangalore - 560 068 Tel.: 080 32509800/01/02/03 KOLKATA CAMPUS : TASMAC House, 27, GN Block, Near Godrej Factory, Sector V, Salt Lake City, Kolkata - 700 091. Tel. : +91 (0)33 23572551/52/53 Fax : +91 (0)33 23572554 MUMBAI CAMPUS: TASMAC, C/o LBHFFT Institute of Computer Application, Hiray College, Next To New English School, Govt. Colony, Bandra (East), Mumbai 400 051 BRANCH OFFICES : Ahmedabad : Tel. : +91 (0)79 27911327. Bangalore : Tel.: +91 (0) 80 41126493/22109647 Fax : +91 (0) 22109646. Guwahati : Tel. : +91 (0)361 2608061. Hyderabad/Secunderabad : Tel : +91 (0)40 27890426/ 27/ 28. Kochi : Tel. : +91 (0)484 2356677/2356617/2356652 Fax : +91 (0)484 2356057. Kolkata : Tel. : +91 (0)33 24850201/24850202, Fax : +91 (0)33 24861507. Mumbai : Tel. : +91 (0)22 23516430/23513656. Pune : Tel. : +91 (0)20 26127289/26136589/26130423, Fax : +91 (0)20 26124279. T A S M A C M A N A G E M E N T R E V I E W 30 Celebrating Change / Research Paper The Concept of Change Management Alok Agarwal and Huma Khan Institute of Business Management & Research, Bangalore I ntroduction: The concept of change management describes a structured approach to transitions in individuals, teams, organizations and societies that moves the target from a current state to a desired state. Stated simply, change management is a process for managing the people-side of change. The most recent research points to a combination of organizational change management tools and individual change management models for effective change to take place. Purpose of Paper: The purpose of this paper is to provide a broad overview of the concept of “change management.” It was written primarily for people who are coming to grips with change management problems for the first time and for more experienced people who wish to reflect upon their experience in a structured way. Change Management defined: In thinking about what is meant by “change management,” at least four basic definitions come to mind: • The task of managing change. • An area of professional practice. • A body of knowledge. • A control mechanism. The Task of Managing Change: The first and most obvious definition of “change management” is that the term refers to the task of managing change. Managing change is itself a term that has at least two meanings. One meaning of “managing change” refers to the making of changes in a planned 31 and managed or systematic fashion. The aim is to more effectively implement new methods and systems in an ongoing organization. The changes to be managed lie within and are controlled by the organization. However, these internal changes might have been triggered by events originating outside the organization, in what is usually termed “the environment.” Hence, the second meaning of managing change, namely, the response to changes over which the organization exercises little or no control (e.g., legislation, social and political upheaval, the actions of competitors, shifting economic tides and currents, and so on). An area of professional practice: The second definition of change management is "an area of professional practice." There are dozens, if not hundreds, of independent consultants who will quickly and proudly proclaim that they are engaged in planned change, that they are change agents, that they manage change for their clients, and that their practices are change management practices. There are numerous small consulting firms whose principals would make these same statements about their firms. And, of course, most of the major management consulting firms have a change management practice area. It is expertise in this task of managing the general process of change that is laid claim to by professional change agents. A Body of Knowledge: Stemming from the view of change management as an area of professional practice there arises yet a third definition of change management: the content or subject matter of change management. This consists chiefly of the models, methods and techniques, tools, skills and other forms of knowledge that go into making up any practice. The content or subject matter of change management is drawn from psychology, sociology, business administration, economics, industrial engineering, systems engineering and the study of human and organizational behavior. A Control Mechanism: For many years now, Information Systems groups have tried to rein in and otherwise ride herd on changes to systems and the applications that run on them. For the most part, this is referred to as “version control” and most people in the workplace are familiar with it. In recent years, systems people have begun to refer to this control mechanism as “change management” and "configuration management." Moreover, similar control mechanisms exist in other areas. Theories of Change: The evolution of the change management field stems from psychology, business and engineering. Hence, some models are derived from an organizational development perspective whereas others are based on individual behavioral models. For this reason, this section is divided into two subcategories: Individual Change Management and Organizational Celebrating Change / Research Paper Change Management. Understanding of individual and organizational change theory is necessary to implement effective change management processes and tools. Individual Change Management: An early model of change developed by Kurt Lewin described change as a three-stage process. The first stage he called "unfreezing". It involved overcoming inertia and dismantling the existing "mind set". Defense mechanisms have to be bypassed. In the second stage the change occurs. This is typically a period of confusion and transition. We are aware that the old ways are being challenged but we do not have a clear picture to replace them with yet. The third and final stage he called "refreezing". The new mindset is crystallizing and one's comfort level is returning to previous levels. The ADKAR model for individual change management was developed by Prosci with input from more than 1000 organizations from 59 countries. This model describes five required building blocks for change to be realized successfully on an individual level. The building blocks of the ADKAR Model include: • Awareness – of why the change is needed • Desire – to support and participate in the change • Knowledge – of how to change • Ability – to implement new skills and behaviors • Reinforcement – to sustain the change Organizational Change Management: Organizational change management includes processes and tools for managing the people side of the change at an organizational level. These tools include a structured approach that T A S M A C M A N A G E M E N T can be used to effectively transition groups or organizations through change. When combined with an understanding of individual change management, these tools provide a framework for managing the people side of change. Change Management Process Overview: Change Management would typically comprise the raising and recording of changes, assessing the impact, cost, benefit and risk of proposed changes, developing business justification and obtaining approval, managing and cocoordinating change implementation, monitoring and reporting on implementation, reviewing and closing RFCs. ITIL defines the change management process this way: The goal of the Change Management process is to ensure that standardized methods and procedures are used for efficient and prompt handling of all changes, in order to minimize the impact of change-related incidents upon service quality, and consequently improve the day-today operations of the organization. Change management is responsible for managing change process involving: • Hardware • Communications equipment and software • System software • All documentation and procedures associated with the running, support and maintenance of live systems. Any proposed change must be approved in the change management process. While change management makes the process happen, the decision authority is the Change Advisory Board (CAB), which is made up for the most part of people from other functions within the R E V I E W organization. The main activities of the change management are: • Filtering changes • Managing changes and the change process • Chairing the CAB and the CAB/Emergency committee • Reviewing and closing of Requests for Change (RFCs) • Management reporting and providing management information. The Change Process as “Unfreezing, Changing and Refreezing” : The process of change has been characterized as having three basic stages: unfreezing, changing, and re-freezing. This view draws heavily on Kurt Lewin’s adoption of the systems concept of homeostasis or dynamic stability. What is useful about this framework is that it gives rise to thinking about a staged approach to changing things. Looking before you leap is usually a sound practice. What is not useful about this framework is that it does not allow for change efforts that begin with the organization in extremis (i.e., already “unfrozen”), nor does it allow for organizations faced with the prospect of having to “hang loose” for extended periods of time (i.e., staying “unfrozen”). In other words, the beginning and ending point of the unfreezechange-refreeze model is stability — which, for some people and some organizations, is a luxury. For others, internal stability spells disaster. A tortoise on the move can overtake even the fastest hare if that hare stands still. The Change Process as Problem Solving and Problem Finding: A very useful framework for thinking 32 Celebrating Change / Research Paper about the change process is problem solving. Managing change is seen as a matter of moving from one state to another, specifically, from the problem state to the solved state. Diagnosis or problem analysis is generally acknowledged as essential. Goals are set and achieved at various levels and in various areas or functions. Ends and means are discussed and related to one another. Careful planning is accompanied by efforts to obtain buy-in, support and commitment. The net effect is a transition from one state to another in a planned, orderly fashion. This is the planned change model. Responsibility for managing change: The employee does not have a responsibility to manage change the employee's responsibility is no other than to do their best, which is different for every person and depends on a wide variety of factors (health, maturity, stability, experience, personality, motivation, etc). Responsibility for managing change is with management and executives of the organization - they must manage the change in a way that employees can cope with it. The manager has a responsibility to facilitate and enable change, and all that is implied within that statement, especially to understand the situation from an objective standpoint (to 'step back', and be non-judgmental), and then to help people understand reasons, aims, and ways of responding positively according to employees' own situations and capabilities. Increasingly the manager's role is to interpret, communicate and enable - not to instruct and impose, which nobody really responds to well. The Change Problem: At the heart of change management lie the change problem, that is, some future state to be realized, some current state to 33 be left behind, and some structured, organized process for getting from the one to the other. The change problem might be large or small in scope and scale, and it might focus on individuals or groups, on one or more divisions or departments, the entire organization, or one or on more aspects of the organization’s environment. In simpler terms, the change problem can be treated as smaller problems having to do with the how, what, and why of change. Change as a “How” Problem: The change problem is often expressed, at least initially, in the form of a “how” question. How do we get people to be more open, to assume more responsibility, to be more creative? How do we get this organization to be more innovative, competitive, or productive? How do we raise more effective barriers to market entry by our competitors? How might we more tightly bind our suppliers to us? How do we reduce cycle times? In short, the initial formulation of a change problem is means-centered, with the goal state more or less implied. There is a reason why the initial statement of a problem is so often means-centered and we will touch on it later. For now, let’s examine the other two ways in which the problem might be formulated — as “what” or as “why” questions. Change as a “What” Problem: To frame the change effort in the form of “how” questions is to focus the effort on means. Diagnosis is assumed or not performed at all. Consequently, the ends sought are not discussed. This might or might not be problematic. To focus on ends requires the posing of “what” questions. What are we trying to accomplish? What changes are necessary? What indicators will signal success? What standards apply? What measures of performance are we trying to affect? Change as a “Why” Problem: Ends and means are relative notions, not absolutes; that is, something is an end or a means only in relation to something else. Thus, chains and networks of endsmeans relationships often have to be traced out before one finds the “true” ends of a change effort. In this regard, “why” questions prove extremely useful? To ask “why” questions is to get at the ultimate purposes of functions and to open the door to finding new and better ways of performing them. Skills & Strategies Required for Change Management: Managing the kinds of changes encountered by and instituted within organizations requires an unusually broad and finely honed set of skills, chief among which are the following. Political Skills: Organizations are first and foremost social systems. Without people there can be no organization. Lose sight of this fact and any would-be change agent will likely lose his or her head. Organizations are hotly and intensely political. And, as one wag pointed out, the lower the stakes, the more intense the politics. Change agents dare not join in this game but they had better understand it. This is one area where you must make your own judgments and keep your own counsel; no one can do it for you. Analytical Skills: Make no mistake about it, those who would be change agents had better be very good at something, and that something better be analysis. Guessing won’t do. Insight is nice, even useful, and sometimes shines with brilliance, but it is very difficult to sell and almost Celebrating Change / Research Paper impossible to defend. A lucid, rational, well-argued analysis can be ignored and even suppressed, but not successfully contested and, in most cases, will carry the day. If not, then the political issues haven’t been adequately addressed. People Skills: People come characterized by all manner of sizes, shapes, colors, intelligence and ability levels, gender, sexual preferences, national origins, first and second languages, religious beliefs, attitudes toward life and work, personalities, and priorities - and these are just a few of the dimensions along which people vary. We have to deal with them all. The skills most needed in this area are those that typically fall under the heading of communication or interpersonal skills. To be effective, we must be able to listen and listen actively, to restate, to reflect, to clarify without interrogating, to draw out the speaker, to lead or channel a discussion, to plant ideas, and to develop them. All these and more are needed. We have to learn to see things through the eyes of these other inhabitants of the organizational world. Part of the job of a change agent is to reconcile and resolve the conflict between and among disparate (and sometimes desperate) points of view. Charm is great if you have it. Courtesy is even better. A well-paid compliment can buy gratitude. A sincere “Thank you” can earn respect. System Skills: There’s much more to this than learning about computers, although most people employed in today’s world of work do need to learn about computer-based information systems. For now, let’s just say that a system is an arrangement of resources and routines intended to produce specified results. To T A S M A C M A N A G E M E N T organize is to arrange. A system reflects organization and, by the same token, an organization is a system. There are two sets of systems skills to be mastered. Many people associate the first set with computers and it is exemplified by “systems analysis.” This set of skills predates the digital computer and is known as “systems engineering.” The kind of system with which this skill set concerns itself is a “closed” system which is a mechanistic or contrived system with no purpose of its own and incapable of altering its own structure. The second set of system skills associated with a body of knowledge generally referred to as General Systems Theory (GST) and it deals with people, organizations, industries, economies, and even nations as socio-technical systems — as “open,” purposive systems, carrying out transactions with other systems and bent on survival, continuance, prosperity, dominance, plus a host of other goals and objectives. Business Skills: Simply put, you’d better understand how a business works. In particular, you’d better understand how the business in which and on which you’re working works. This entails an understanding of money — where it comes from, where it goes, how to get it, and how to keep it. It also calls into play knowledge of markets and marketing, products and product development, customers, sales, selling, buying, hiring, firing, EEO, AAP, and just about anything else you might think of. Four Basic Change Management Strategies: Strategy Description Empirical - Rational People are rational and will follow their selfinterest - once it is revealed to R E V I E W them. Change is based on the communication of information and the proffering of incentives. Normative, re-educative people are social beings and will adhere to cultural norms and values. Change is based on redefining and reinterpreting existing norms and values, and developing commitments to new ones. Power - Coercive people are basically compliant and will generally do what they are told or can be made to do. Change is based on the exercise of authority and the imposition of sanctions. Environmental - Adaptive people oppose loss and disruption but they adapt readily to new circumstances. Change is based on building a new organization and gradually transferring people from the old one to the new one. Factors in Selecting a Change Strategy: Generally speaking, there is no single change strategy. You can adopt a general or what is called a "grand strategy" but, for any given initiative, you are best served by some mix of strategies. Which of the preceding strategies to use in your mix of strategies is a decision affected by a number of factors. Some of the more important ones follow. • Degree of Resistance: Strong resistance argues for a coupling of Power-Coercive and Environmental-Adaptive strategies. Weak resistance or concurrence argues for a combination of EmpiricalRational and Normative-Reeducative strategies. • Target Population: Large populations argue for a mix of all four strategies, something for everyone so to speak. • The Stakes: High stakes argue 34 Celebrating Change / Research Paper for a mix of all four strategies. When the stakes are high, nothing can be left to chance. • The Time Frame: Short time frames argue for a PowerCoercive strategy. Longer time frames argue for a mix of Empirical-Rational, NormativeRe-educative, and Environmental-Adaptive strategies. • Expertise: Having available adequate expertise at making change argues for some mix of the strategies outlined above. Not having it available argues for reliance on the powercoercive strategy. • Dependency: This is a classic double-edged sword. If the organization is dependent on its people, management's ability to command or demand is limited. Conversely, if people are dependent upon the organization, their ability to oppose or resist is limited. (Mutual dependency almost always signals a requirement for some level of negotiation.) How Do You Manage Change? The honest answer is that you manage it pretty much the same way you’d manage anything else of a turbulent, messy, chaotic nature, that is, you don’t really manage it, and you grapple with it. It’s more a matter of leadership ability than management skill. • The first thing to do is jump in. You can’t do anything about it from the outside. • A clear sense of mission or purpose is essential. The simpler the mission statement the better. “Kick ass in the marketplace” is a whole lot more meaningful than “Respond to market needs with a range of products and services that have been carefully designed and developed to compare so favorably in our customers’ eyes with the 35 • • • • products and services offered by our competitors that the majority of buying decisions will be made in our favor.” Build a team. “Lone wolves” have their uses, but managing change isn’t one of them. On the other hand, the right kind of lone wolf makes an excellent temporary team leader. Maintain a flat organizational team structure and rely on minimal and informal reporting requirements. Pick people with relevant skills and high energy levels. You’ll need both. Toss out the rulebook. Change, by definition, calls for a configured response, not adherence to prefigured routines. • Shift to an action-feedback model. Plan and act in short intervals. Do your analysis on the fly. No lengthy up-front studies, please. Remember the hare and the tortoise. • Set flexible priorities. You must have the ability to drop what you’re doing and tend to something more important. • Treat everything as a temporary measure. Don’t “lock in” until the last minute, and then insist on the right to change your mind. • Ask for volunteers. You’ll be surprised at who shows up. You’ll be pleasantly surprised by what they can do. • Find a good “straw boss” or team leader and stay out of his or her way. • Give the team members whatever they ask for — except authority. They’ll generally ask only for what they really need in the way of resources. If they start asking for authority, that’s a signal they’re headed toward some kind of power-based confrontation and that spells trouble. Nip it in the bud! • Concentrate dispersed knowledge. Start and maintain an issues logbook. Let anyone go anywhere and talk to anyone about anything. Keep the communications barriers low, widely spaced, and easily hurdled. Initially, if things look chaotic, relax — they are. Remember, the task of change management is to bring order to a messy situation, not pretend that it’s already well organized and disciplined. HOW TO IMPLEMENT CHANGE IN AN ORGANIZATION WITH REFERENCE TO THE INDIVIDUAL CONTEXT: Culture: Your Environment for People at Work: People in every workplace talk about organization culture, the mysterious word that characterizes a work environment. One of the key questions when employers hire an employee explores whether the candidate is a good “cultural fit”. Culture is difficult to define, but you generally know when you have found an employee who appears to fit your organizational culture. Learn more about organizational culture. How to Understand Your Current Culture: Are you ready to take a look at the culture that exists in your organization? Your assessment of your culture may make you happy; your assessment may make you sad. Whatever your culture assessment teaches you about your culture, though, your culture is what it is. To change your culture, to enhance your culture, to benefit Celebrating Change / Research Paper from your culture, you need to see and understand your culture. Take processes, culture, relationships, behaviors, etc., whether personal or organizational). • Understand where you/the organization is at the moment. • Understand where you want to be, when, why, and what the measures will be for having got there. • Plan development towards above No.3 in appropriate achievable measurable stages. John Kotter's highly regarded books 'Leading Change' (1995) and the follow-up 'The Heart of Change' (2002) describe a helpful model for understanding and managing change. Each stage acknowledges a key principle identified by Kotter relating to people's response and approach to change, in which people see, feel and then change (see a more detailed interpretation of the personal change process in John Fisher's model of the process of personal change): Kotter's eight step change model can be summarized as: • Increase urgency: Inspire people to move, make objectives real and relevant. • Build the guiding team: Get the right people in place with the right emotional commitment, and the right mix of skills and levels. • Get the vision right: Get the team to establish a simple vision and strategy, focus on emotional and creative aspects necessary to drive service and efficiency. • Communicate for buy-in: Involve as many people as possible, communicate the essentials, simply, and to appeal and respond to people's needs. De-clutter communications make technology work for you rather than against. • Empower action: Remove obstacles, enable constructive feedback and lots of support from leaders - reward and T A S M A C M A N A G E M E N T R E V I E W recognize progress and achievements. • Create short-term wins: Set aims that are easy to achieve - in bite-size chunks. Manageable numbers of initiatives. Finish current stages before starting new ones. • Don't let up: Foster and encourage determination and persistence - ongoing change encourage ongoing progress reporting - highlight achieved and future milestones. • Make change stick: Reinforce the value of successful change via recruitment, promotion, and new change leaders. Weave change into culture. Change Management in Fast Changing Environments: Planning, implementing and managing change in a fastchanging environment is increasingly the situation in which most organizations now work. Dynamic environments such as these require dynamic processes, people, systems and culture, especially for managing change successfully, notably effectively optimizing organizational response to market opportunities and threats. Key elements for success: • Plan long-term broadly - a sound strategic vision, not a specific detailed plan (the latter is impossible to predict reliably). Detailed five years plans are out of date two weeks after they are written. Focus on detail for establishing and measuring delivery of immediate actions, not medium-to-long-term plans. • Establish forums and communicating methods to enable immediate review and decision-making. Participation of interested people is essential. This enables their input to be gained, their approval and commitment to be secured, and 36 Celebrating Change / Research Paper • • • • • automatically takes care of communicating the actions and expectations. Empower people to make decisions at a local operating level - delegate responsibility and power as much as possible (or at least encourage people to make recommendations which can be quickly approved). Remove (as far as is possible) from strategic change and approval processes and teams (or circumvent) any ultracautious, ultra-autocratic or compulsively-interfering executives. Autocracy and interference are the biggest obstacles to establishing a successful and sustainable dynamic culture and capability. Encourage, enable and develop capable people to be active in other areas of the organization via 'virtual teams' and 'matrix management'. Scrutinize and optimize ICT (information and communications technology) systems to enable effective information management and key activity team-working. Use workshops as a vehicle to review priorities, agree broad medium-to-long-term vision and aims, and to agree short term action plans and implementation method and accountabilities. Coping with change : Success in change, particularly where professionals are concerned, turns on the ability to face real issues in an open enough manner to allow people to experience a sense of their own ability to influence their own destiny and to cope with the pressures and uncertainties inevitably generated by change. Individuals have four main categories of need amid a programme of organizational change. They need intelligible information. They will probably 37 need to develop new skills, if only those needed to deal with new people as colleagues or supervisors. They will need support to help them deal with new problems. First and foremost, however, is a need for empathy. Conclusion: To manage changes effectively involves the ability to create a new synthesis of people, resources, ideas, opportunities, and demands. The capacity to create systematic plans to provide for the logistics of resources, support, training, and people is central to any programme of change. People must be influenced, departmental boundaries crossed or even "swallowed up," new ideas must be accepted and new ways of working embraced. The politics of the organization are crucial. Support must be mobilized, coalitions built, opposition handled, and bargains struck. People will need help to cope with the stress, anxiety, and uncertainties of change. Continuity of tradition must be overturned, in part, as the old is replaced by the new. Yet continuity and tradition provide people with stability, support, and meaning and should not needlessly be destroyed. The effective management of organizational change demands the resolution of these apparently conflicting challenges. References: www.wikipedia.org www.change-management.com www.blonnet.com www.businessballs.com ••• Etymology Management Jargon A daptive customization : The provision of the same basic product to all customers, who have the capability to filter out or alter various attributes of the item. Adaptive customization is often used with internet software. Balance of trade : The accounts setting out the results of a country's trading position. It is a component of the balance of payments, forming part of the current account. It includes both the visibles (i.e. imports and exports in physical merchandise) and the invisibles (receipts and expenditure on such services as insurance, finance, freight and tourism). Buy earnings : To invest in a company that has a low yield but whose earnings are increasing, so that a substantial capital gain can be expected. Differential pricing : A method of pricing a product in which the same product is supplied to different customers, or different market segments, at different prices. This approach is based on the principle that to achieve maximum market penetration the price charged should be what a particular market will bear. For example, the prices charged for similar motor vehicles in the UK market have been higher than those charged in the rest of Europe. Emotional selling proposition (ESP) : The unique associations established by consumers with particular products. Many car marquees evoke an emotional response that ensures their continual success, even though other makers offer superior performance at the same price. Experience curve : A relationship between the costs of production and cumulative output, T A S M A C M A N A G E M E N T showing that efficiency increases with the repetition of the process. As experience increases, costs fall, adding to the competitive advantage of a firm. This may be a continuous process as improvements are regularly made to the manufacture of a product over its life cycle. Feedback control : A method for controlling the performance of an “operating system by monitoring outputs and comparing them with the system's design parameters. Because the approach is based on past activities it is essentially reactive. Although it may allow adjustments to be made to avoid problems in the future, it cannot avoid the cost of the original divergence from targets. Cross-border listing : The practice of listing shares in a company on the stock exchanges of different countries in order to create a larger market for the shares. This is a necessary procedure because the securities houses and stockbrokers of one country cannot normally deal through the exchanges of another. The practice has led to the creation of multinational securities houses. Drop lock : An issue in the bond market that combines the benefits of a bank loan with the benefits of a bond. The borrower arranges a variable-rate bank loan on the understanding that if long-term interest rates fall to a specified R E V I E W level, the bank loan will be automatically refinanced by a placing of fixed-rate long term bonds with a group of institutions. They are most commonly used on the international market. Fidelity guarantee : An insurance policy covering employers for any financial losses they may sustain as a result of the dishonesty of employees. Policies can be arranged to cover all employees or specific named persons. Because of the nature of the cover, insurers require full details of the procedure adopted by the organizaton in recruiting and vetting new employees and they usually reserve the right to refuse to cover a particular person without giving a reason. Gap analysis : A methodical tabulation of all the known requirements of consumers in a particular category of products, together with a cross-listing of all the features provided by existing products to satisfy these requirements. Such a chart shows up any gaps that exist and therefore provides a pointer to any new products that could supply an unfulfilled demand. Infant industry : A new industry that may merit some protection against foreign competition in the short terms. The argument in favour of providing protection, say in the form of a tariff on imported competitors' goods, is that it would provide a period during which the new industry could streamline its process and make the necessary economies in order for it to become truly competitive will all market producers. ••• 38 TASMAC - An Update A Host of Activities At Our Campuses... TASMAC And BusinessGyan host - a Panel Discussion on HR Practices TASMAC and Businessgyan with the support of People Scout India conducted an interactive Panel Discussion to explore “HR Practices - The Next Wave” with an eminent panel of HR professionals and CEOs in Bangalore recently. High growth and quick scaling up has been the mantra for the Indian Industry in the last few years. A growth run that the HR fraternity had to deal with for the first time in the history of Indian business. New issues and challenges had to be dealt with, lessons have been learnt and preparations have to be made for the scenarios yet to unfold. Are HR Professionals ready for the HR PRACTICES THE NEXT WAVE 39 future? What are the Practices that have worked best? What is the future of Human resources? Many of these issues were discussed in a lively manner. An A+ Rating Once Again TASMAC sets a record of sorts by being ranked amongst some of the finest B-Schools by Business India the prestigious, most respected business magazine in the country. Business India in its annual rankings has given TASMAC an A + rating for the year 2006 third year in a row! UNIVERSITY OF GREENWICH's PROGRAMS TO BE LAUNCHED BY TASMAC The University of Greenwich is one of the most renowned British Varsities. It traces its roots to 1890 when it started off as a polytechnic. The Univeristy has three campuses, at Avery Hill in Eltham, Greenwich and Medway at Chatham Maritime, Kent. TASMAC is proud to be associated with this prestigious University and will soon launch three post-graduate computer programs validated by the University of Greenwich. These will be M.Sc in Computing, Computer Systems and Networking and Enterprise Software Engineering. BARONESS BLACKSTONE VISITS TASMAC Baroness Blackstone, Vice Chancellor of the University of Greenwich paid a visit to our Pune Campus. Ms Tessa Blackstone is the Executive Officer of the institution. The Vice Chancellor chairs the Academic Council, the Executive Committee and Senior Management team. She was formerly Arts Minister (2001-3) and Minister of State for Education and Employment (1997-2001) in the UK. In 1987 Ms Tessa Blackstone was awarded a life peerage and in 2001 she was appointed to the Privy council. Baroness Blackstone was very impressed by TASMAC's role in spreading British management education in the country. TASMAC SETS UP ALUMNI ASSOCIATION TASMAC has recently decided to set up a “TASMAC Alumni Association”. Under the aegis of the TASMAC Alumni Association, the following activities will be conducted: • Publication of a quarterly newsletter; • One mega alumni meet every year in Pune and other meets at respective towns; • Facilitating networking among members; • To assist members to be constantly updated on knowledge, information, techniques and skills providing them a cutting edge in their careers by conducting regular training programmes; • Social get-togethers facilitating family interaction. Gradually, we would like TASMAC Alumni volunteers to help shape and influence the policies and direction of the Association. An Executive Council will be formed with members elected by the Alumni. The Executive Council will TASMAC - An Update determine the policies and programs to be carried out by the Alumni Association in future. TASMAC ALUMNI BANGALORE CHAPTER HOLDS ITS FIRST MEETING TASMAC Alumni Bangalore Chapter held its first meeting on the 1st of March, 2007. The meeting started with a Welcome Address by Mr Ravinder S, who also shared his experiences on the advantages of any Alumni. This was followed by a brief presentation by Mr Sameer Dua, JMD, who very aptly gave a direction to the Alumni by laying out a proposed Value Statement, the Vision Statement and the Mission Statement, which was well received by the audience. Mr Sameer Dua mentioned that of all the TASMAC centers, the Bangalore center was the first one to create the Alumni and complemented the audience on their initiative and also went on to add that he would encourage the other centers too to form such an Alumni. He expressed his intention of having a central Alumni with all centers in various cities forming local chapters and linking to the central Alumni, with a once-in-ayear mega National Alumni meeting. At this stage, the rest of the meeting was handed over to the prospective alumni members to take things forward. Mr Sanjay Dugar then went on to describe how Alumni has played a very important role in his career. He also requested the audience present to spread the information to all their colleagues and get them to also be a part of the Alumni.. FLAVA Students of TASMAC conducted their intra collegiate festival, FLAVA on Sunday, 11th of March 2007. The fest aims at improving the management skills tremendously. It also aims at helping students discover each other and their creativity through interactive, intellectual and fun based events. Flava kick started with event “Industry meets Students”. Distinguished guests, Mr Satish Kumar, Regional Director, Aviva Life insurance, Mr Sandesh Kumar, Manager, E&Y Ltd. And Mr K.I. Jojo, President, Nandi Toyota presented their views on the topic `How much Management school knowledge is relevant and useful in improving company performance?' `Product Launch' was an event where the students were given a real work scenario where they had to launch the product. The evening had all the fun based events like fashion show, singing and group dance followed by a musical night. Flava ended with crowning of Mr TASMAC and Ms TASMAC as well as Mr Flava and Ms Flava. Arun Devayya was chosen as Mr TASMAC and Ms TASMAC was Neha Malhotra. Mr Flava was Chirag Gosalia and Reshmi was Ms Flava. BLITZKRIEG 2007 “THE LIGHTNING WAR” `Blitzkrieg' is the extra- T A S M A C M A N A G E M E N T R E V I E W curricular fiesta of TASMAC Pune blended with cultural and sports events to rejuvenate students every semester. The dynamic opponents, Bravehearts led by Mr Neeraj Kumar and Gladiators led by Mr Ankit Paul entered the lightning war understood as Blitzkrieg. Amlan and Sharmin anchored the event. The cultural evening commenced with a dance event initiated by Disha, Preeti Motwani and Navneet Saini. This was followed by another fabulous group performance by Sharad Shroff, Sharmin and Falguni Dave. Solo performances were given by Ankit and Sharmin which were also terrific. Next there was a singing event where Neeta, Amlan, Edlyn, Rajesh, Manik stunned the audience by displaying their talents. The real highlight of the evening was the fashion show. The fashion choreographer for this event was Sharmin. All the participants simply stunned the audience with their glamorous looks. They walked down the ramp graciously in pairs and answered the questions thrown by the judges confidently. Ankit Paul and Edlyn were announced as Mr and Ms TASMAC respectively. ••• 40 Adding to your Assets with Integrated Organisational Soft Skills Training Solutions A value-driven and result-oriented approach to motivation and growth that translates every performance into success. TASMAC Management Training Resources Our Clients Our solutions include l TTIs Behavioral Assessments l Customised Behavioral Training Interventions l Dives Consulting's Call Centre Training l Executive Search (T.E.A.M.S. Division) l Coaching & Mentoring Apollo Hospitals, Akzo Noble India, Bajaj Tempo, Bind View, BPL, C-DAC, Cummins, Crisil, Clariant, Deepak Fertilizers, Deepak Nitrite, Finolex Cables, Fluent, IBM, ICICI, IDEA, J&J, Kale Consultants, Kanbay, KPIT, Mahindra BT, Mastek, Nyati, P&O Nedloyd, Sekurit Saint Gobain, Tata House, Tata Johnson Controls, Tata Motors, TCS, Thermax, Veritas, Winsoft, Zensar, to name a few. Over 50 BT 500 companies are our clients We look forward to delivering value to your organisational developmental efforts. Contact Jacob at TASMAC Management Training Resources Pvt. Ltd. 407, A Wing, Clover Centre, 7 Moledina, Pune - 411 001 Tel.:+91 020 26134991 / 26050706 E-mail : [email protected], [email protected] 41 Book Review A Valuable Lesson for Managers first chapter, he gives a brief outline of the Irish economy and how its development has influenced management and change. In Chapter two he identifies the main drivers for change and the variety of organizational responses to those influences while Chapter three looks at the main approaches and techniques organisations use in responding to change. DEALING WITH CHANGE By Tom McConalogue A s in life, so in business; the only constant thing is change. It is imminent in the progress and development of organisations and those who don't adapt to change, eventually lose to competition. The author, Tom McConalogue sets out in this book to educate managers on the critical factors in anticipating and managing change. The three main questions the text seeks to answer are; a) What kind of change are organisations experiencing and how are they responding? b) What has helped and what has blocked them from managing change in the past? c) What are the pre-requisites for companies in anticipating and managing change for the future? The author draws his examples against the back-drop of external environmental factors such as the global economy, future growth, historical responses to change and current and future responses. In the T A S M A C M A N A G E M E N T Chapter four identifies the main blocks to change and how those blocks can be better managed, while Chapter five reports conclusions on how organizations could better manage change and outlines the lessons that still need to be learned. Finally, Chapter six looks to the future of organisational change and change management. CHANGE EFFORT Most of the managers who were interviewed for this survey identified their organizations as experiencing significant external forces for change and felt that they were making substantial responses. The data suggests that the main focus of change is on restructuring, upgrading technology and introducing new strategies, it is worth observing that these are often vehicles for matching the competition and responding to customer demands for improved service, quality or product range. Most change efforts are ultimately designed to change the culture of the organisation, so that it is in a better position to respond to the future demands of major stakeholders, whether customers staff or suppliers. what you see), there is little doubt from the survey that, although a great deal of successful change is managed through the middle management levels, it is led mainly by senior management. Sometimes it is achieved through inspiring people with a vision for the future and sometimes by dramatising the problems so that a “burning platform” is presented, where there is little option but to change. The author also points out that many organisations embark upon change not because they want to but because they have to in order to stay healthy and avoid decline. He has surveyed and examined the external driving forces and the internal responses to change. Most organisations, over time, develop the skills to manage incremental growth, which has traditionally been sufficient to facilitate their evolution towards maturity. However, the author suggests that in times of turbulence and accelerated change, most organisations must learn new strategies and skills for dealing with the current level and speed of change. The pathology of organisations that have managed transitions or been rescued from decline has gone some way to educate managers on the need to develop a capacity to make rapid adjustments to the environment. However, other managers have yet to learn that in today's conditions you either anticipate and manage change or you wait for the inevitable crisis that will force you to change in ways that may limit your options. Excerpts from the book: CHANGE INITIATION What drives change? This is a subjective issue (where you stand is R E V I E W Critical Factors in Successful Change 1. Leadership at the top and management in the middle 42 Book Review 2. Quality communication at all levels The Role of leadership in Change • Creating a compelling vision or dramatising the crisis • Energising the staff/shareholders /customers for the process • Focusing people on the longerterm needs of the business • Developing and declaring a new strategic intent/long term objectives • Acting as a standard bearer or champion for the process • Encouraging and recognizing people's effort and results. Tom McConalogue PhD, MscOD is an independent consultant who spends some of his time working with organizations that are managing structural, strategic, systems and culture change. His background is in human resource management and his professional training is mainly in the behavioural sciences. He completed a Masters in organization development (OD) at Pepperdine University, and his PhD in organization change at Bath University. His current interests include working with organizations that are managing organisationwide and participative change, and helping managers to develop their skills and make adjustments to their work style. ••• NEW RELEASES 43 1) MEN OF STEEL Sanghvi, Vir Roli 2) TURNAROUND EXCELLENCE Maheshwari, Sunil Kumar Penguin 3) DATABASE SYSTEMS Rob & Corond Thomson Tasword Tasword, an academic crossword, is entirely a compilation by the students of TASMAC and the editorial team. It is subject oriented, thematic and in this issue, is based on Finance. 3 2 1 3 4 4 5 2 6 5 6 7 11 9 8 8 10 10 11 12 7 14 13 Down Across 9 1. The total available capital in a nation (7,5) 1. 2. Involuntary payment of money to government- not necessarily for goods or services (3) Legally established maximum price for a good or service (7,5) 2. The sacrifice of one economic goal to achieve some other goal (5,3) 3. A rise in the general level of prices in an economy (9) 4. An exclusive right given to inventors to produce/sell a new product for 20 years (6) 3. An ownership share in a corporation (5) 4. The gain realized when securities or property is sold for a price greater than its cost (7,4) 5. Profits of the corporate have nose-dived this ________ (6) 5. A tax imposed by a nation on an imported good (6) 6. Common currency unit used by 12 European nations (4) 7. An organization that employs resources to produce goods or services for profit (4) 8. Cost of living ________ (5) 8. It's a ____ win situation for India's economy (3) 9. Gross domestic product adjusted for inflation (4,3) 9. Human-made resources used to produce goods and services (7) 10. The Stock Markets in India and China are clearly on the ________ (4) 10. There's still a huge deficit between national income and expenditure (3) 11. A natural, human or manufactured item that helps produce goods and services (8) 6. The sensex has clearly ____________ skywards (6) 7. It clearly is a _________run in the markets (4) 11. _________ market economy is what we are moving towards, at last (4) 12. There is a million on the ________ of this giant corporate (7) 13. This phase of India's __________ (7) is easily its best 14. _______ of living seems to be going over the hill (4) T A S M A C M A N A G E M E N T R E V I E W 44 INTERFACE Dear friend, We welcome you to interact with us in any way convenient to you, and would appreciate your time to go through this page, fill it and return it to us. We will make sure that one of us gets back to you as soon as possible. Thank you for your cooperation. Head : Academics £ Please send me the detailed prospectus of your programmes for my information. £ We would like to participate in your placement programme. Please have your Manager : Placements contact us as early as possible. £ We would like to visit your £ Pune / £ Bangalore / £ Kolkata Campus for a Pre-Placement talk. £ We would like to know more about your students. Please send me your Placement Brochure. £ I would like to deliver 'The CEO of the Month' Lecture in your £ Pune / £ Bangalore / £ Kolkata Campus. £ I would like to deliver a guest lecture at your £ Pune / £ Bangalore / £ Kolkata Campus on the topic : _____________________________________________________________________________________________. £ I would like to contribute an article for the forthcoming issue of TASMAC MANAGEMENT REVIEW on the topic : ______________________________________________________________________________________________ £ My comments on the current issue of TASMAC MANAGEMENT REVIEW. ______________________________________________________________________________________________ ______________________________________________________________________________________________ £ I recommend the following to be included/changed in TASMAC MANAGEMENT REVIEW. ______________________________________________________________________________________________ ______________________________________________________________________________________________ Name : ______________________________________________________________________________________ Designation : _________________________________________________________________________________ Company : _________________________________________________________________________________ Address : _________________________________________________________________________________ _____________________________________________________ Pin: ______________________ Telephone : _________________________________________________________________________________ Mobile : _____________ Email : _______________________________________________________ Signature : _____________ Date : __________________ Please send this form to TASMAC House, Tasmac Road, Vimannagar, Pune - 411 014. KNOWLEDGE BASED BUSINESS SOLUTIONS TASMAC builds on its solid knowledge platform to partner with industry & business in pursuing solutions to the complex issues & problems of the modern business. Management Development Programmes Today's rapidly changing business scenario necessitates on the part of business managers, continuous up-gradation of knowledge, skills, thought processes and perspectives. To enable industry to keep abreast of the latest global developments in Management science and their application for the betterment of the business, TASMAC Consulting designs, develops and conducts Management Development Programmes customized through pre-programme meetings with senior managers and key personnel in the client organizations. Management Consulting Services : Management consulting services to help alleviate constraints and/or enhance effectiveness in the following areas of operations. Corporate : Corporate Governance Corporate Strategy Change Management Business Process Re-engineering (BPR) Functional Level : Marketing and Sales Management Logistics and Supply Chain Management Human Resource Management Finance Management Change Management Process As India Inc prepares itself to enter an exciting phase of enrichment and growth, one name makes sure it will never be found wanting in the right formula for success… CONSULTING CORPORATE OFFICE AND PUNE CAMPUS : TASMAC House, TASMAC Road, Viman Nagar, Pune - 411 014 (India). Tel. : +91 (0)20 65003871/65003872/26632456/26632893/65263534/65001431, Fax : +91 (0)20 26632362 E-mail : [email protected] Website : www.tasmac.ac.in/wales T A S M A C M A N A G E M E N T R E V I E W pratisaad.com 07\09\11472 A DIVISION OF TRAINING AND ADVANCED STUDIES IN MANAGEMENT AND COMMUNICATIONS LTD. 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