Why Institutional Excellence?
The leaders of great companies are
not just great at growing profits. Most importantly, they are organizational
architects determined to establish
institutional excellence for as long as the company is in business.
Institutional excellence is a
sustainable competitive advantage that enables your business to survive
against your competition over a long period of time.
Shift To a Knowledge-driven Enterprise
Within a rapidly changing environment of the
new
knowledge economy, the latest information and knowledge is the key to
sustained success and
competitive advantage. In today's e-learning and e-business accelerated
world, information quickly converted into
knowledge at the point of highest business impact is a matter or survival.
Switching to
leadership approaches,
employee empowerment, establishing a continuously
learning organization, knowledge management and
management of knowledge workers
become very important manager's tasks. Knowledgeable workers seek service that
support their knowledge. Unused knowledge depreciates very fast.
On the
opposite, using knowledge creates new opportunities which in turn create new
knowledge.
Inspiring Culture
Do you want to encourage extraordinary
performance from your people? Do you want them to do great things?
If yes, then you must create an
inspiring corporate culture that
inspires,
empowers and
energizes them...
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Flat Organizational Structure
When organizations get large,
they become slow, awkward, unmanageable, inflexible, and difficult to
focus. They distance people from each other, and consume more energy
than they release. Innovation-friendly organizations are
flat and participative. They divisionalize to
sustain innovation, flexibility and
customer intimacy.
Division is a
business unit having a clear set of customers and competitors. A
division can be independently planned for within the organization and
has profit and loss responsibility...
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Road-Mapping Your Organizational Fitness Profile (OFP)
The Organizational Fitness Profile
(OFP)
developed by Harvard Business School can help to x-ray your organization,
identify its weaknesses, and take corrective action in order to achieve
optimal performance.
The OFP process starts with the
top-management team developing a "Statement of Strategic and
Organizational Direction" in order to communicate and explain the logic
behind the strategy.
After the statement is issued, a task force composed of
middle managers from different functions or businesses is appointed to
collect information from inside and outside organization about specific
management practices that help or hinder the implementation of specific
strategies. The data collected by the task force enable the top management
to analyze the organization's effectiveness.
A plan is then established jointly
by the top management and the task force to implement this new
organizational vision.
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