How to Transform?

----    Achieve targeted results at a short time - one definition

3 steps in transformation.

1. Performance need analysis
2. Performance planning and budgeting
3. HR performance planning and appraisal

How to transform - the right theme

• Everyone work towards the same agreed common goals.  (encourage participation)
• Leakages and under performances are checked and corrected with the right set of solutions and performance improvement. (quantitative measures)
• Adopt the right strategies  at all levels and functions
• Formulate and simulate the right business models and sub-models.
• Everyone is accountable for results and recognition for the performers.

16 steps to transformation

1. Bench mark with the best in the industry.
2. Identifying and adopting best practices
3. Conduct gap analysis to identify  SWOT.
• strength, weakneses, weaknesses, threats
4. Identify the right key result areas to identify the key success factors and critical performance gaps.
5. Improve on the right business strategies 
6. Establish the right Cause effect relationship
7. Linking and integrating strategies towards corporate goals - strategic mapping
8. Check efficiency along the value chain.
9. Improving team work for better performance
10. Creating the environment for job innovation
11. Challenging but realistic objectives and goals
12. Design and test the business model.
13. Clear objective to increase commitment of all stakeholders
14. Training to increase competency -  capacity building
15. introduce innovations for the year/products /systems
16. Provide incentives and motivation in HR.
17. Check for the right business simulations and models
18. Cash Flows
19. ROE check

•       Copyright :  Arriffin Mansor 012-2786282

PERFORMANCE CHANGE
	Management Activities	Objectives	Tool used
1	Financial Statement Analysis	Performance Gaps	Key Ratio Analysis on Benchmark companies
2	Evaluate Performance gaps	To identify Critical gaps	Pareto/sensitivity
3	Depth analysis on critical gaps/ root cause analysis	Performance problems and issues	Component ratios Key Result Areas BSC perspectives ROE value drivers
4	Identifying best practices and innovations	Performance solutions and strategies	New business model and ROE model Training
5	Cascade Performance Targets to all through their heads	Commitment and feedback	Strategic map
6	Performance management	Commitment and recognition and teamwork	HR performance planning and appraisal Job description and chart of authority Key Performance Indicators Performance measures
7	Integrating other resources in the plans	A viable business with growth and liquidity.	Business plans and budgeting

Managing performance in 10 steps

A system of management that achieve the set goals through

• Participation
• Quantitative measures
• Strategic thinking and problem solving
• Accountability and recognition

1. Conduct gap analysis against industry standards to arrive at SWOT.
2. Identify performance problems and issues through key result areas.
3. Formulate performance solutions, strategies and best practices.
4. Redefine target market and reprofile customers for the right market positioning.
5. Simulate and test the strategies in the new business model.
6. Define and linked performance objectives and goals at all levels
7. Measuring performance through Key Performance Indicators, functions and levels.
8. Setting standards and targets through KPIs
9. ROE the ultimate goals in the cooperative sector
10. Rewarding performance by acceptable performance measures
11. Solving performance problems by training and/or non-training solutions. 
12. cash flows
13. Budgetary loans

Copyright :   Arriffin Mansor 012-2786282