sustaining success
TRANSCRIPT
May 3, 2023SUSTAINING SUCCESS " YASH" 1
SUSTAINING SUCCESS
SUSTAINING SUCCESS
WHAT IS SUCCESS? In my perspective, success is about addressing a customer need better than you or your competitors currently address it. In many cases, the "new and improved" solution is surprisingly incremental, rather than revolutionary.
Analyze Problem
In a competitive world challenges are everyday. To Sustain, workout alternatives.
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CHALLENGE OF RISING COST
CHALLENGE OF EXCESSIVE WORK LOAD
CHALLENGE OF UPDATING ONESELF EVERYDAY
CHALLENGE OF SELF ASSESSMENT & MARKETABILITY
CHALLENGE OF STRIKES, CLOSURES
CHALLENGE OF GOVT. OFFICIALS
WAS "BUILT TO LAST" BUILT TO LAST?
• It's one of the most influential business books of our era, and it helped turn coauthor Jim Collins into a management rock star.
• Ten years on, almost half of the visionary companies on the list have slipped dramatically in performance and reputation, and their vision currently seems more blurred than clairvoyant.
• Consider the fates of Motorola, Ford, Sony, Walt Disney, Boeing, Nordstrom, and Merck. Each has struggled in recent years, and all have faced serious questions about their leadership and strategy.
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WAS "BUILT TO LAST" BUILT TO LAST?
• There's this one big rub about management books -- even the best- selling ones and even the ones with plenty of data attached. The world they seek to describe is so complex, so tumultuous, often so random as to defy predictability and even rationality.
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QUESTION ABOUND •So the question arises how do we actually SUSTAIN success in such complex environment??
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• Answer is that though I don’t have
a ready formula, I do have extremely basic, glaringly obvious things to point which help is SUCCESS RETENTION
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NEED TO BE POSITIVE
CREAT TEAMWORK
INCREASE RESPONSE TIME
SELF CONFIDENCE
SUSTAINING SUCCESS
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H O W ?We can be different then others
DARWIN THEORY
“Survival for the Fittest” Mean’s :The well suited variations tend to survive and the poorly suited tend to perish FAST & Competitive
• First Always
• Action oriented
• Strengthful
• Teamwork
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GOAL
•Organization needs GOAL directed path
Power of Written Goals
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1. Where are we now?2. Where do we want to go?3. How do we get there?
3 Strategic Questions
SUSTAINING SUCCESS
•MORE THAN PROFITProfit is like oxygen, food, water and blood for the body : they are not the point of life, but without them, there is no life.
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CHANGE
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For Betterment
Strengthening
Profit & System Oriented
WHY CHANGE ? •Changes in the external environment.
• Increased competition.• Changing consumer
demand.• Constrained resources• Failed commitments• New social values• Changing
technologies
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CHANGECHANGE
ONLY ONE THING IS CONSTANT IN THE WORLD i.e. “CHANGE” It is not important that “How well are we doing ”It is important that “ How can we do well “ or“How well do we have to perform in order to meet the competition / CHALLENGES ”
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a change that creates a new dimension of performance and perspective for sustainability
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CHANGECHANGE
WHAT IS CHANGE?• A replacement of the old with the
new• Shifts to new types of behavior• Shifts to new ways of thinking and
interacting
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…but that’s not all
STRATEGIC MANAGEMENT
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Craft aStrategy
to AchieveGoals
Set Goals &Objectives
Develop aStrategic
Visionand
Mission
Implementand
ExecuteStrategy
Improve/Change
Revise asNeeded
Revise asNeeded
Improve/Change
Recycleas Needed
Task 1 Task 2 Task 3 Task 4 Task 5
Monitor,Evaluate,and Take
CorrectiveAction
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MISSIONMISSION
VALUESVALUES
VISIONVISION
GOALGOAL Strategic Strategic ObjectivesObjectives
Action Action PlansPlans
SWOTSWOTEnvironmentalEnvironmentalScanScan
ACCOUNTABILITY - ASSESSMENT
Assessment of Assessment of Strategic Plan Strategic Plan
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CREATEA WORLD SUSTAINABLE
ORGANISATION
THANK YOU !!!!
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