Change Management and Organizations
February 12, 2025
The SIPOC Chart, being one of the fundamental documents of any process improvement project must be developed in such a manner that it is easy to understand. It must also be coherent with the logic inbuilt in the process. There is a method which has been described to ensure the proper development of the SIPOC […]
Mobile wallets have become the latest startup sensation. Companies like PayTm have the first mover advantage in this space. However, other companies like MobiKwik, Phone Pe, M-Pesa etc. are quickly moving into this space. It is surprising that an area of business which did not even exist a few years ago is now on the […]
Electricity was the big invention during the 20th century. The governments at that time took the measures that were necessary to ensure that electricity was available at reasonable prices to every citizen. This is the reason why electricity is such an integral part of any human civilization today. Just like electricity was the biggest innovation […]
How the Eurozone Misread the Signals from the Global Economic Crisis When the global economic crisis broke out in the autumn of 2008, the impacts were felt around the world. However, it affected the US primarily though countries across the world felt the reverberations to some extent. When the crisis broke out, Europeans were smug […]
Ever since the onset of the global economic crisis, there has been much talk about how globalization has reached its nadir and that the concept of an integrated global economy leading to prosperity has been discredited. The reason for this cynicism was that many commentators blamed globalization for causing the global economic crisis and plunging […]
In any Organization, the BPI initiative to be a success would need to be first understood and owned as well as sponsored by the leadership. The leadership here includes mainly the business unit leaders who become the main sponsors of the BPI program. It is important for the Leaders to understand why BPI is required to be implanted in the Organization, how it is going to help them and how to go about with implementation of the program. More importantly they own the program and they would need to make provisions for the required resources and budgets to ensure that the program is successful.
With the above understanding the BPI program should kick off with a Management meeting or workshop and an Executive Implementation Team comprising of the leadership and management should be formed. At this stage it is very important to run the entire management through a detailed presentation about BPI in terms of concept, methodology and the results. The management team needs to be oriented to manage and look at their business from a process point of view and not from an Organizational point of view.
Executive Implementation Team (EIT) team has a very important and larger role to play in the success of BPI program in the Organization. Some of the key responsibilities and functions of EIT may be listed down as under:
It is the Business Unit heads and the senior management who are navigating the Organization in the direction envisaged. They are the ones who are in tune with the markets, are able to assess the future trends and outline the areas where the Organization needs to change in order to meet the external challenges as well as to improve the interface with the Customer. Therefore the EIT team comprising of the Business unit heads and senior management are in a position design and take the Organization to the next level keeping in line with the vision set using BPI initiatives. Once they taste the success of BPI program and the resultant benefits that accrue, then it becomes a habit with the management to use BPI as a tool to edge the Organization forward and strive to reach higher benchmark at all times.
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