A strategic approach to 'Make' vs 'Buy' decisions
🚀 One of the most pivotal decisions companies face is choosing between manufacturing in-house or outsourcing. This crucial choice, known as the 'make vs buy' decision, has far-reaching implications for operational efficiency and market competitiveness.
📈 This article dives deep into the intricacies of these decisions, balancing a myriad of factors like cost, quality, capacity, and core competencies.
🔑 Key Highlights:
1) Cost Considerations & Quality Control: Understanding the financial implications and maintaining high-quality standards.
2) Capacity & Scalability: Assessing in-house production capabilities versus the benefits of outsourcing.
3) Core Competencies & Focus: Staying true to what your company does best.
4) Risk Management: Navigating through potential risks and uncertainties in both scenarios.
5) Flexibility & Innovation: Evaluating the impact on a company's adaptability and innovative potential.
🌐 The decision-making process involves a rigorous analysis, aligning with the company’s overall strategic objectives, and weighing the risks and benefits.
How to Govern and Sustain Your Management Operating System
🎤 I'm Happy to share my latest article "How to Govern and Sustain Your Management Operating System". 🔍 In this in-depth piece, we delve into the crucial aspects of effectively governing and maintaining a Management Operating System (MOS) in a labour market marked by an ageing workforce and high churn rates. As we transition from a people-run to a process-run business model, the insights shared here are more relevant than ever. Key highlights: ✅ The vital role of Standardisation in MOS and how it transforms workplace culture. ✅ The importance of Accountability and Alignment in ensuring effective governance. ✅ Strategies for Continuous Improvement and why it's essential for business adaptability. Whether you're a seasoned executive or an emerging leader, this article offers valuable perspectives on embedding MOS into your corporate DNA, ensuring operational excellence, and preparing your organization for future challenges. I look forward to your thoughts and discussions on this topic. #managementoperatingsystem #management #future #innovation #creativity
Management Operating Systems (MOS): Elevate Your Operations
Implementing a Management Operating System (MOS) can:
✅ Streamline processes
✅ Enhance operational efficiency
Dive deeper into its benefits and see how it can 📈 organisational performance. #management #innovation #future
Unpacking the Diagnostic: Technical Insights and Key Enablers
A successful full-potential Diagnostic process goes beyond mere numbers; it's a strategic alignment of Technical insights and Key enablers, integral to any successful Transformation. Before you embark on a Transformation: ✅ Ensure a comprehensive Diagnostic process is your starting point. ✅ Discover why engaging the workforce isn't just vital but central to the success of the Diagnostic. ✅ Dive into insights that reveal good Diagnostic practices. Let me know in the comments 👇👇What's your experience been with Operational Diagnostics❓ #management #innovation #productivity
From Avoidance to Acceptance: Courageous conversations play a key role in successful Transformations
During Transformations, we often find ourselves torn between being nice and getting the outcomes we desire. However, having courageous conversations is non-negotiable when driving incremental progress. #management #culture #innovation
The missing component of Operational Excellence: Consistently delivering results via Operating Disciplines
Unlocking #operationalexcellence in industry requires a powerful driver: Operating Discipline. From fostering collaboration to driving accountability, Operating Discipline is the key to successful Operations #transformation. Are your team and organisation aligned with some of the practices and characteristics? #management #innovation #futureofbusiness #culture #culturetransformation #businessimprovement #continuousimprovement
Effective Feedback: Driving Operations Transformation through Open Communication
Don't let the fear of confrontation stifle your team's growth. Discover how cultivating a culture of candid feedback sets the stage for a significant shift in operations. Transformation is not just about technology and processes—it's about people. #people #growth #transformation #team #culture #management #innovation #leadership #continuousimprovement #businessimprovement #transformation
Transformation best practices: The Art of the Charter
Have you set your engagement charter as the compass for your client's transformation? Remember, it's not just a one-time blueprint but a guide for managing expectations all along the way. #transformation #operationalexcellence #businessimprovement #management #innovation #implementation #creativity #continuousimprovement
The power of effective Interviews: Uncovering the truths behind Operational performance
Do you conduct effective interviews? From clarifying objectives to tailoring questions, learn how to create the right environment for disclosure, fostering trust, empathy, and authentic dialogue. Discover techniques to surface underlying mindsets, provoking thought-provoking discussions that uncover hidden opportunities. #leadership #management #innovation #operationsexcellence #operationalexcellence #continuousimprovement #businessimprovement #consulting #coaching #culture #transformation
Milestones Matter: Charting the Course of Transformations with Predefined Engagement Milestones
Are you developing and aligning high-level milestones with the end user prior to commencing the Transformation? #transformation #management #innovation #future #creativity #continuousimprovement #businessimprovement #operationsexcellence #operationalexcellence #culture
Who is leading the Operations Transformation?
Who is leading the Operations Transformation? Usually, this decision ultimately decides the fate of the program, and whether results are going to be delivered in a manner that is sustained. #transformation #leadership #leadershipdevelopment #management #innovation #future #organizationaldevelopment #operationsexcellence #continuousimprovement #businessimprovement
Unveiling best practices in Operation Transformations: The Power of Daily War Room Meetings
How are you keeping your team accountable, focused, and safe? Uncover the power of daily War Room meetings in fostering a culture of alignment, prioritisation, and care for your team. Get insights on how to shape the direction of your team's efforts and orchestrate a successful transformation journey. #continuousimprovement #lean #leadership #accountability #innovation #management #transformation #team #culture #operationsexcellence
The Missed Opportunity: Navigating Behavioural Change in the Frontline
When was the last time you engaged with the Frontline when crafting and developing an improvement roadmap? Are you comfortable with top-down analysis only? Is your Frontline disconnected from the Transformation? #transformation #management #innovation #operationalexcellence #operationsexcellence #continuousimprovement #businessimprovement #frontlineworkers #productivity #future
Empowering Executives: Unleashing Transformations for Sustained Results
Transforming Operations: Insights from the Trenches that will revolutionise the way you think about Operations
The Imperative of Operations Transformation: An Unmissable Opportunity for Industrial Growth
Transforming Operations: Insights from the Trenches that will revolutionise the way you think about Operations