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Planning to achieve Excellence. Shabnam Ansari, Head of Strategic Planning- Nexus. Agenda. A Bit About Excellence Planning for Our p ersonal Lives Planning to Achieve Corporate Excellence Foundations for Achieving Excellence A Quick Recap. Agenda. A Bit About Excellence

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planning to achieve excellence

Planning to achieve Excellence

Shabnam Ansari, Head of Strategic Planning- Nexus

agenda
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

Foundations for Achieving Excellence

A Quick Recap

agenda1
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

Foundations for Achieving Excellence

A Quick Recap

excellence
Excellence
  • To do something in a fashion that in the available resources can’t be done better.
  • IKEA
    • Founder of IKEA- Ingvar Kamprad
    • To design a desk which may cost $1,000 is easy for a furniture designer, but to design a functional and good desk which shall cost $50 can only be done by the very best.
  • Excellence- Being the best you can be with what you have
agenda2
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

Foundations for Achieving Excellence

A Quick Recap

planning to achieve personal excellence
Planning to achieve personal excellence
  • Assess current Situation- resources, strengths
  • Dreams-what matters? What do you live for?
    • “I want to create something big, something that will change the world”
    • Redknee- leaders in communication software
  • Roles- husband, father, son, self, ceo, etc.
    • Mr. Steven J. Ross- Time Warner Merger
  • Goals for each role & monitor progress
agenda3
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

Foundations for Achieving Excellence

A Quick Recap

planning to achieve business excellence
Planning to achieve Business excellence
  • Four Key Questions
    • Where are we now?
    • Where do we want to be?
    • How do we get there?
    • How do we know if we are getting there?
  • Most Important Resource to achieve excellence
    • People- Customers and Employees
    • People focus at the root of planning & daily operations
agenda4
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

Where are we now?

  • Where do we want to be?
  • How do we get there?
  • How do we know if we are getting there?

Foundations for Achieving Excellence

A Quick Recap

where are we now why are we in business why do we exist mission statement
Where are we now? Why are we in business? Why do we exist? Mission Statement
  • Environment Assessment
    • Internal factors- strengths & weakness
    • External- opportunities and threats
  • SWOT Analysis- to identify
    • Customers/ Markets
    • Unique Selling Proposition- USPs
  • IKEA’s assessment of Operating Environment
    • Why are nice homes only possible for people with a lot of money?
    • Why shouldn’t everybody be able to afford a nice, functional home?
    • Why does furniture have to be so expensive?
    • IKEA-Mission statement- customers/USP
      • Offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible are able to afford them.
agenda5
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

  • Where are we now?

Where do we want to be?

  • How do we get there?
  • How do we know if we are getting there?

Foundations for Achieving Excellence

A Quick Recap

where do we want to be in future what are our dreams vision statement
Where do we want to be in future? What are our dreams? Vision Statement
  • Sharing the dream with your people
  • Vision Statement-Key points
    • Aligned with mission
    • Future-oriented
    • Inspirational
    • Short and Concise
    • Flexible and adaptable
  • Few Examples
    • Toyata'sdesign to beat Benz
    • Oxfam: A just world without poverty
    • Microsoft had the vision "A personal computer in every home running Microsoft software"
    • General Electric- in 1980s: to become the number one or number two in every market we serve
    • Stanford University- in 1940s: To become the Harvard of the West
agenda6
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

  • Where are we now?
  • Where do we want to be?

How do we get there?

  • How do we know if we are getting there?

Foundations for Achieving Excellence

A Quick Recap

how do we get there link plan to roles goals
How do we get there?- Link Plan to Roles & Goals
  • Identify Business Roles
  • Coca Cola- “achieve sustainable growth”
    • People: Be a great place to work- people inspired to be the best they can be.
    • Portfolio: Bring to the world- quality beverages that anticipate and satisfy people's desires & needs.
    • Partners: Nurture winning network of customers and suppliers
    • Planet: Be a responsible citizen that makes a difference
    • Profit: Maximize to shareowners while being mindful of our responsibilities.
  • Goals for each role
    • Long term & short term goals -in line with vision.
    • Link vision with what you should be doing
agenda7
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

  • Where are we now?
  • Where do we want to be?
  • How do we get there?

How do we know if we are getting there?

Foundations for Achieving Excellence

A Quick Recap

how do we know if we are getting there link goals to activities and behaviors
How do we know if we are getting there? Link Goals to activities and behaviors
  • Two Key Steps
    • Measure Business Performance against goals
    • Link performance to Employees Incentives
  • Whatever is measured, matters
  • Business Performance measurement tools
  • Keep it simple- Financial & Accounting measures
  • Identify right KPIs & measures- link Incentives
  • Great Little Box Company’s People First Approach
    • Goals-KPIS- Incentives
    • Some Incentive schemes
      • Box Event- Stretched/Realistic Goals
      • Profit Sharing
      • Idea Recognition Program
      • Award of Excellence
  • West Canada’s Largest Co.
  • Best Managed companies
  • Top 100 Employers
  • Best Corporate Culture
agenda8
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

Foundations for Achieving Excellence

A Quick Recap

foundations for achieving excellence planning execution
Foundations for Achieving Excellence -Planning & Execution
  • Adaptability and Flexibility
    • Be Flexible & open to change
  • Benchmarking Performance
    • Safeguard against complacency
    • Black berry- Growth in smart phone industry
foundations for achieving excellence planning execution1
Foundations for Achieving Excellence- Planning &Execution
  • Ethics, Values & Best Practices
    • Business Ethics & Best practices
    • Means are more important
  • Evolution V/s Transformative Thrusts
    • Gradual Growth- Evolves rather than explodes
    • Ikea- six decades- small farm to 40 countries
    • Aramex- Middle east courier company, 1982, Jordon- 12,000 staff- 60 countries
    • Growth through day-to-day strategic choices rather than transformative thrusts
foundations for achieving excellence resources utilization
Foundations for Achieving Excellence, Resources Utilization
  • Focus on your core competencies
    • Build on your strengths
    • Original PCs of early 80’s- Core strength- PCs & low end server markets.
  • Growth and growth in market share
    • Ask what is growth doing?
    • Impact on revenues, costs and profits?
  • Keep your eyes & ears open
    • Involve everyone, Team esp. lower level employees & line managers
    • Information sharing- two way feedback
    • Customers and Market
foundations for achieving excellence approach
Foundations for Achieving Excellence -Approach
  • Grateful Attitude
    • “Develop an attitude of gratitude, and give thanks for everything that happens to you, knowing that every step forward is a step toward achieving something bigger and better than your current situation” Brian Tracy
  • Opportunistic
    • Your resources- environment/ opportunities
    • Just Falafel-leverage social media- generated 3,500 requests-70 countries
  • Persistence and Perseverance
    • German Imaging Technology- Near-bankruptcy- Took more than 5 years
    • Will Smith- Pursuit of Happiness

You got a dream, You gotta protect it. If you want something, Go get it. Period.

agenda9
Agenda

A Bit About Excellence

Planning for Our personal Lives

Planning to Achieve Corporate Excellence

Foundations for Achieving Excellence

A Quick Recap

quick recap planning to achieve excellence
Quick Recap- Planning to Achieve Excellence

Mission

Vision

Roles

Goals

KPIs

Incentives

Excellence- Being the best you can be with what you have!

Key Questions and Planning Process

Where are we now?

Where do we want to be?

How do we get there?

How do we know if we are getting there?

thank you

Thank you

Shabnam Ansari, Head of Strategic Planning- Nexus