polaris consultancy final (1)
TRANSCRIPT
-
8/19/2019 Polaris Consultancy Final (1)
1/18
PolarisConsultancy
-
8/19/2019 Polaris Consultancy Final (1)
2/18
Contents
Our AimPain Points
Project Management
Solutions to the Pain points
Costs
Conclusion
-
8/19/2019 Polaris Consultancy Final (1)
3/18
Our Aim
Our aim is to reduce the currentamount of annual loss andincrease eectivity of
employee's.
-
8/19/2019 Polaris Consultancy Final (1)
4/18
Key factors for the project
Capture: identify and capture theissue
Examine: undertae impact
assessmentPropose: evaluate options to
address the issue
Decide: ensure the right level ofmanagement approves the option
Implement: incorporate the optioninto the appropriate level of plan.
-
8/19/2019 Polaris Consultancy Final (1)
5/18
Pain Points
!osing Money "#$% million per annual year&
neective customer service "price increasesnot e(plained to customers&
!imited talent pool ")*+ of ne, hires notseen as top performers&
-e, competitors focused on customer service
#$*/*** lost in failed learning anddevelopment schemes
-
8/19/2019 Polaris Consultancy Final (1)
6/18
Pain Points
Middle management sit 0ac and ,ait "%*+of managers considered ineective
Cultural factors not considered
1etention issues "2*+ attrition rate&
C3O changed often
ssues ,ith the product resulting in a 0adservice
-
8/19/2019 Polaris Consultancy Final (1)
7/18
Key factors for thesolutionCosts: 0udget and spare 0udget for emergencies.Timescale: for ho, long4 Stages4
Quality of the service5 !ime services must 6t ,ith the purpose.7hat is !ime8s aim4
Scope: ,hat ,ill the project deliver4 9eadlines/ speci6c projectgoals and ultimately costs.
Project Scope: :he ,or that needs to 0e accomplished todeliver a product/ service/ or result ,ith the speci6ed features andfunctions/ i.e. does a :-A needs to 0e done" organisational/ tas andperson analysis&
Product Scope: ;:he features and functions that characteri
-
8/19/2019 Polaris Consultancy Final (1)
8/18
Solutions to the painpoints
-
8/19/2019 Polaris Consultancy Final (1)
9/18
Apprenticeship SchemePain Point Solution #utcome
!imited talent pool Apprenticeship scheme for$* managersand $*engineers peryear for =years at atime
ncreases the si
-
8/19/2019 Polaris Consultancy Final (1)
10/18
MentoringPain point Solution #utcome
#$*/*** on failedlearning anddevelopmentschemes
:-AMentoring scheme
Can create maemore eectiveemployees
1etention issues"2*+ attrition rate& Can help lo,erattrition rate
)*+ of ne, hiresnot seen as topperformers
Can mae ,orersmore productive
Middle managementsit 0ac and ,ait"%*+ of managersconsideredineective
Fuild on culturaldesire forcommunity and acollectivist culture
-
8/19/2019 Polaris Consultancy Final (1)
11/18
mproving customerservice
Pain Point Solution #utcome
neective customerservice "priceincreases note(plained tocustomers&
Customer servicetraining
ncreasedcommunication0et,eenorganisation and thecommunity
-e, competitionfocusing oncustomer service
:raining needsanalysis to identifythe ey sills neededto 0e trained
mproves thehandling of customercomplains andEueries increasingthe communitiesvie, of !M3
"Bould et al =**2&inGuences servicedelivery and Euality
ssues ,ith theproduct resulting in a0ad service
1educes theadvantage of thecompetition over!M3
-
8/19/2019 Polaris Consultancy Final (1)
12/18
Managers reapplying forpositions
PainPoints
Solution #utcome
Middlemanagement sit0ac and
,ait
Mangers reapplyingfor positions a
:he most eective managersare rehired using a mi(ture ofpsychometrics and previousappraisals
%*+ ofmanagersconsideredineective
Mangers ,ho staycompletepsychometric tests
A personal development plancan 0e ,ritten for all managers
1eplacement forne, managers tocompletepsychometric tests
Managers ,ho are just 0ello,the criteria can 0e trained intheir ,ea areas to 0e moreeective
Colorado andHills0orough
County "=*$$& foundemployees ased to
-e, managers can 0e trainedup using the apprenticeship
scheme
-
8/19/2019 Polaris Consultancy Final (1)
13/18
MiddleJupper management0oard
Pain Point Solution #utcome
Cultural factorsnot considered
A middlemanagement0oard than canhelp advice theuppermanagement onchanges they aregoing to mae
:his allo,s cultural aspectsto 0e advised on so thecommunity culture and,or culture are considered
C3O changedoften
:his allo,s formore eectivemareting schemes
and changes to theorganisation thatthe ,orforce ,illem0race
:his ,ill result in happier,orers ,ho are more lielyto stay in the organisation
since they ,ill feel they can6t in
Middlemanagement
sit 0ac and,ait %*+ of
Advising on changes to theorganisation and
-
8/19/2019 Polaris Consultancy Final (1)
14/18
-
8/19/2019 Polaris Consultancy Final (1)
15/18
Cost of the project
Product Cost
3mployee costs for = years =/)@/=**
Cost of psychometrics
%)**
Cost of materials $**
Contingency cost $%%%2
:otal cost $%&'()&*((+(,
-
8/19/2019 Polaris Consultancy Final (1)
16/18
Summarising pain points ,ithour solutions
-osin. /oney Solutions to the issues athand
neective customer service mprove customer service
!imited talent pool Apprenticeship Scheme
-e, competitors mprove customer service
Middle management "%*+ ofmanagers consideredineective&
Mentoring
Managers reapplying forpositions
Cultural factors not considered Mentoring
1etention issues MiddleJupper management0oard
C3O changed often 1enaming organisation
ssues ,ith the product mprove customer service
-
8/19/2019 Polaris Consultancy Final (1)
17/18
Conclusion
Fy 6(ing the pain points ,e are a0le to helpreduce the pro6t loss to the organisation
:he organisation8s employees ,ill 0e more
eective at management and customerservice ,ith an increased talent pool
7ith the middle management 0oard any
future decisions can 0e made ,hile taingthe local culture into account to havema(imum impact on the customers.
-
8/19/2019 Polaris Consultancy Final (1)
18/18
:han you for listening
We will nowanswer anyquestions youmay have