transformation enterprise
TRANSCRIPT
-
8/13/2019 Transformation Enterprise
1/13
Muhammad Amir Mushtaq
EX-MBA-F12-058
Leon F. McGinnis,and William Kessler
-
8/13/2019 Transformation Enterprise
2/13
Enterprise Transformation Enterprise Transformation formulates strategies
and solutions for transforming business to
succeed.Consequently, enterprises increasingly need to
consider and pursue fundamental change
transformationto maintain or gain competitive
advantage. This need raises important research
issues concerning how transformation is best
understood and pursued.
-
8/13/2019 Transformation Enterprise
3/13
Enterprise Examples Changing Markets
1. FedEx defining the overnight mail market
Changing Offerings
1. UPS expanding from packages to supply chains
Changing Perceptions
1. Dell repositioning computer buying (via build to order)
Changing Operations
1. Lockheed Martin merging three aircraft companies
-
8/13/2019 Transformation Enterprise
4/13
Types of Transformation
-
8/13/2019 Transformation Enterprise
5/13
Scope of Research Developing a research program to support enterprisetransformation requires addressing four specificchallenges:1. Identifying the key knowledge gaps;
2. Developing a research plan that addresses these gapsidentifying the research questions to be answered butalso integrating the research results in a timely mannerwith the ongoing transformationagenda;
3. Executing the research plan, and overcoming all the
inherent obstacles impeding collaboration
between auniversity research team and a domain stakeholdergroup; and
4. Deploying the research results, i.e., making themconsumableby the domain stakeholders
-
8/13/2019 Transformation Enterprise
6/13
Research Methodology Qualitative data through stakeholder interviews.
The sampling method has not been specified.
-
8/13/2019 Transformation Enterprise
7/13
Elements of Transformation
1 = Focus on Customer
2 = Increase Operational Efficiency 3 = Change Enterprise Culture
4 = Execute, Execute, Execute
-
8/13/2019 Transformation Enterprise
8/13
Outcome
Changing Markets
Changing Offerings
Changing Perceptions
Changing Operations
-
8/13/2019 Transformation Enterprise
9/13
LM Aero
The Merger of Siblings All three companies had vastly different views, expectations and
orientations of leadership. Differences in company culture,information technology and systems, major processes, accounting
approaches, and business criteria had created barriers for years The corporation decided to merge the three sibling aircraft companies
into one entity Lockheed Martin Aeronautics. Defense customers priorities had shifted to weapon system
affordability.The defense business was now focused on performancebased capabilities and total life cycle affordability
Duplication in the operating structures of the three aircraft companieswas financially burdensome to the corporation, strategic alignment waslacking and, most alarmingly, customers were becoming increasinglydissatisfied with performance of each of the companies
-
8/13/2019 Transformation Enterprise
10/13
Approach to Transformation The transformation approach was built around setting clear intents,
supporting the deployment of operating capability to meet thoseintents, and then executing with the capability to achieve outcomes
equal to the intents A three-step approach and terminology employed that were familiar
to the senior leadership, managers and employees adopted fromfamiliar terms in the aircraft development business .
Preliminary Design Review: Collectively agree that expectations arebeing addressed and confirm that the organization leader is
designing a capable structure to meet all objectives. Critical Design Review: Approve structure, document remaining
interface issues, and approve six-month implementation actionplans.
-
8/13/2019 Transformation Enterprise
11/13
Conclusion High-level commitment is required and this
commitment should be renewed on a regular basis.
Constantly clarify the context; the research team
needs to be able to come up to speed on the as-isstate quickly.
Collaboration is a team sport, but also a contactsport the research team needs to be willing and
able to mixit upwhen the findings seem counter tothe experience or intuition of the domainstakeholders.
Expect the unexpected.
-
8/13/2019 Transformation Enterprise
12/13
Comments
The sampling method has not been specified.
Endogenous Risks: The risks within the global supplynetwork (technical, network complexity,
suppliers, relationships).
Exogenous Risks: The risks external to the global
supply network (political, economic, demand, culture, acts of nature, etc.)
Inertia Risks: The risks within the total JSF enterprise.
-
8/13/2019 Transformation Enterprise
13/13
Thank You