smart operations- ensuring you are agile enough to complete in this rapidly changing enviroment

Ensuring Operational Agility to Stay CompetitiveSMART OPERATIONSHemant Pandit

June 21, 2016

Honeywell Confidential - © 2016 by Honeywell International Inc. All rights reserved.

Operational Agility

An organization’s ability to Exploit both Revenue-

Enhancing and Cost-cutting opportunities more

quickly, effectively, and consistently than its rivals.

1


Operational Agility: Challenges

• Integration of Relevant Information

• Right Information to the Right People at the Right Time

• Converting data into actionable insights

• Information in functional / organizational silos

• People: Knowledge / Talent retention

2

Data Overload/

Accessibility22%

of average annual revenue was lost

due to not being able to leverage

information collected***

***Oracle “From Overload to Impact: An Industry Scorecard,” 2015


Best Tools 3


Best Tools: Biggest Issues

Technology is NOT the Answer

4

Challenges to using Big Data and Analytics tools to achieve business goals


Operating Assets

Data Integration

Analytics

Reporting / Dashboards

Enterprise

Decision Support System

Evaluate Opportunities

Prioritize / Execute

Data Knowledge Action

Work Process Transformation

Aligning Business Objectives to Operational decisions

Smart Operations


Smart Operations

Moving the Needle

6

• Focus on functional excellence at the

site level

• Technology driven approach

• Site specific Implementation

• Operational Excellence across the

enterprise

• Business Transformation

• Consistent deployment across the

organization

…to true enterprise wide

optimization of people & processes

Moving from traditional

approach by site…

Enterprise wide

optimization

Site Functional

Excellence

Demand

driven mgmt.

of Ecosystem


Enabling Operational Agility means…

Smart Operations Transforms Your Business

7

Value Driven Rapid

Deployment

Aligning IT with Business /

Operations

Minimizing Risk and Total Cost of

Ownership.

Work Process Transformation

Data Knowledge Action

Closing the Loop to drive Efficiency, Safety, Reliability and Agility

Leveraging Best Practices and Domain Expertise

Maximize value from Technology

Focus on People / Organization


Develop Use

cases

Implement PoCs

Develop a ROI

Based

Deployment

Road-map

Develop solution

maps, KPI driven

execution plan,

organization

teams for

deployment.

Review/update

business

processes (BPM)

Develop a delivery

model.

Deployment of

technology with

transformed work

processes

Facilitate Change

management

Program

management to

monitor progress,

track benefits

Develop a Support

model (remote,

site visits) to

assist in ensuring

continued

business results

Scheduled

audits/reviews of

KPI

Phase 1Vision & Concept

Phase 2Discovery Process

PoCs, Use Cases

Phase 3Developing

Implementation

Plan

Phase 4Rapid Deployment

Phase 5Life Cycle

Management

Validate business

objectives

Developing a

business case

with

Benchmarking,

Workshops

Approach

Consultative Scalable Approach

HOKU PROJECTv3.docx

HOKU PROJECTv3.docx

Hoku FEL_FINAL ISSUE.pdf

Hoku FEL_FINAL ISSUE.pdf


Honeywell Customers are leading the way

Active Smart Operations Programs:

• Reliance Industries: MIIS

• Flint Hill Resources: CAPSALL

• PDO GNOC: IOC

• Alcoa: Quasar

9


Operational Agility with Smart Operations

An organization’s ability to Exploit both Revenue-

Enhancing and Cost-cutting opportunities more

quickly, effectively, and consistently than its

rivals.

• New business models

• Leverage existing and new Technology

• Focus on Work processes and People / Organization

• Break down the functional silos: IT / Business / Site

Operations

10