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Applying Vision, Mission and Values in Daily Activities, Creatively (VMVDAC) ……Surviving and Thriving through Turbulent Period. Presentation by M.G.P.L.Narayana. Uploaded by Chandramowly, curtsey ISB, Hyderabad.
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30 October 2009
Applying Vision, Mission and Values in Daily Activities, Creatively (VMVDAC)
……Surviving and Thriving through Turbulent Period.
Presentation by M.G.P.L.Narayana@
Second International Conference on‘Igniting the Genius Within’
October 22-25, 2009, ISB
30 October 2009 2
In times of Turbulence…
30 October 2009 3
Paradigm Shifts: interspersed with Innovation & Design Cycles
DESIGN
Innovation
Innovation
Design
Innovation
Pro
blem
s S
olve
d
Time
Paradigms
30 October 2009 4
Rate of Change
DESIGN
Radical Change
Pro
blem
s S
olve
d
Time
ParadigmsProgressive Change
Creative Change
30 October 2009 5
Paradigm Shift
INNOVATION
DESIGN
INNOVATION
PARADIGM (A)
Breakthrough Change
PARADIGM (B)
CREATIVE CHANGE
IMITATION
PROGRESSIVE CHANGE
DESIGN
TIME
PR
OB
LE
MS S
OL
VE
D
CREEPING PROBLEMS
RelationshipsEconomyTechnologyEnvironment
30 October 2009 6
Innovation, Design & Change
CHANGE
INNOVATION DESIGN
30 October 2009 7
Innovation: Ideation to Value Creation
Idea Creation
Explore Solution
Exploit Market
Value Creation
INNOVATIONCreativity
30 October 2009 8
Innovation: Business Change in the Making
Idea Creation
Explore Solution
Exploit Market
Value Creation
INNOVATIONCreativity
Organize forCompetitiveness
ModelInnovation
ProcessInnovation
Product/ServiceInnovation
Commitmentto Excellence
30 October 2009 9
Idea Creation
Explore Solution
Exploit Market
Value Creation
INNOVATIONCreativity
Organize forCompetitiveness
ModelInnovation
ProcessInnovation
Product/ServiceInnovation
New Opportunities
Innovation: Business thriving with new Opportunities
Commitmentto Excellence
EmergingChallenges
Organize forSolution
R&DFunction
BusinessFunction
30 October 2009 10
Innovation & Change
Change is Constant.Innovation is the change in the making.
.. .
Innovation is a way of life.
“You cannot step into the same river twice, for fresh waters are ever flowing in upon you.” - Heraclitus
30 October 2009 11
Character and Culture of an organization
Dharma is that which helps in holding the system together.
VMVs are the attributes of Dharma of an organization.
30 October 2009 12
VMVs
•Vision is ‘what we want to be’.•Mission explains ‘ why do we exist ’.•Values articulates ‘how we intend to live as we pursue our mission’.
Organization Character => Values translated into action!
30 October 2009 13
Why mission programs fail?
•Lack of definition in the vision.•Lack of management commitment.•Lack of stakeholders enrollment.•Lack of planning and focused implementation.
•Inability to deal effectively with breakdowns as they occur.
•etc.,Every improvement opportunity should be used to reinforce
the organization culture , adhering to VMVs.
30 October 2009 14
Code of Conduct
MISSION
VALUES
Operating
Strategies/Practices
AlignmentEnvisioned
Future
Visionary Enterprise in nutshell
30 October 2009 15
Recommended steps to select improvement projects
•Identify Opportunities for Improvements (OFI) from reviews/studies/surveys.
•Prioritize the projects from OFI.•Relate & Align these projects to Vision, Mission, Values (VMVs).
•Empower the participating teams.•Communicate the improvements needed.•Review the current practices and identify the gaps.
•Recommend revised practices.•Implement & Measure.
30 October 2009 16
ExcellenceRepeat bus.CSI
Customer centered global organisational
behaviour
Joy of stake holdersNumber, quality,assets
Interactions withAcademic
institutions
InnovationNumber , Quality
Improve Performance Proposals
Best-in-class Competency, ESI
Sharing Best practices
SharingCompetency, ESI
Knowledge Sharing
Respect for individual ESI
Process LearningCustomerFinanceProjects/BSC
Joy of stake holdersNumber of associates
Encourage and support key communities
IntegrityRepeat bus.CSI
Aggregation andAnalysis ofcomplaints
LearningCSI,Realization
Trainingeffectiveness
Environment of empowerment
Mapping Missi
on & Values
(should str
ive for “
leading ch
ange”
through these
projects)
30 October 2009 17
This slide is intentionally left blank
30 October 2009 18
X-Matrix, Communicating the alignment of Mission & Values to Project Teams
X-Matrix as a communication Structure: Holding together
30 October 2009 19
GOAL
OBJECTIVES
TARGETS &Measures
OVERALL RESULTS
Relevance Action
Feedback Leads to
Visualize the success : GOTO Framework“Begin with the End in Mind”
Habit 2 . From Stephen R. Covey’s
Mission
Vision
Values