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Explore three key lenses - strategic design, political, and cultural - to reshape the organization's roles, architecture, and vision. Take concrete action steps for comprehensive change and impactful results, like cutting costs, boosting performance, and enhancing employee training.
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Three Lenses and the New Organization • Strategic design perspective • New roles, grouping, assignment of tasks • New architecture • Political perspective • Empowering the front line • Recognize multiple stakeholders • Cultural perspective • New vision and rhetoric • Different framework for identity
Dimensions of an Effective Action Step Specific and concrete Comprehensive Works across all three lenses Consistent with your analysis
Action Steps at Simmons • Estimate 75% of workforce has completed GGOL by May 2005 • Significant investment in people • Improved training and tracking of employee skill development • Increased breadth of employee trainings • PayPlus – pay contingent on performance • Team Growth Process to structure continued learning for intact teams
Results at Simmons • Sold to Thomas H. Lee partners for $1.1 billion • More than double Fenway’s original $513M investment • Top management team became equity partners in Simmons
Results at Simmons • Zero Waste: Target surpassed by 40% in first year • $21M savings • Net operating income increased by 45% in four years • Sales growth 17% in first year
Results at Simmons • 2004 & 2005 – Fortune Best Place to Work • Significant decreases in • Legal fees – 92% • Worker Compensation – 89% • OSHA incidence rate – 78% • Recruitment fees – 67% • Total fringes 30% lower than market average