A friend of mine recently initiated a transformation in his physical health. One day he learned that his cholesterol was dangerously high. He realized he had a choice to make. He could take incremental steps and hope for a prolonged period of improvement, or he could make radical changes and improve his condition very quickly. He took charge of the situation. He changed his eating and exercise habits so dramatically that his cholesterol level dropped by 20 points in less than a month.
This story is analogous to the challenges that corporations face daily across the global marketplace. Some have stepped up to the plate and made the radical changes needed to become financially healthy and maintain their viability in the market place. They decided that they wanted to live and not die.
Historically, individual budgetary concerns and department performance have weighed too heavily on work processes in many corporations. This behavior helps organizations optimize at a functional group level, but sub-optimization is the result for the overall entity. If a company is to avoid the iceberg of corporate mortality, then everybody had better start moving the ship – and they better be moving in the same direction. Serving customers and succeeding as an enterprise must drive decisions and, consequently, work flows.
Does your organization reflect the sub-optimization reality? Don’t feel badly – you’re in good company. Where should you start so you can experience your own transformation? Glad you asked. Keep these two things in mind:
1. Prioritize Carefully
Project portfolio management and prioritization are imperative. No organization can do everything that comes across the radar screen. Your team needs to be allowed to focus on the “critical few” items in order to accomplish its strategic goals. The list of the critical few should be populated with projects that address customer-driven products and services, quality, safety, and compliance. This list should also be limited in scope. Furthermore, items on the list should be important enough to be fully resourced.
2. Eliminate or Reduce Non-Value Added Work
Non-value added work can consume a disproportionate amount of time each day. Tasks that fall into this category typically are driven by departmental requirements, not by the needs of your customers. Figure out how much time your organization spends on activities that serve your customers versus those that only serve the bureaucracy. Empower your organization, and charge them with eliminating or at least reducing the latter.