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Three Lenses and the New Organization

Three Lenses and the New Organization. Strategic design perspective New roles, grouping, assignment of tasks New architecture Political perspective Empowering the front line Recognize multiple stakeholders Cultural perspective New vision and rhetoric Different framework for identity.

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Three Lenses and the New Organization

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  1. Three Lenses and the New Organization • Strategic design perspective • New roles, grouping, assignment of tasks • New architecture • Political perspective • Empowering the front line • Recognize multiple stakeholders • Cultural perspective • New vision and rhetoric • Different framework for identity

  2. Dimensions of an Effective Action Step Specific and concrete Comprehensive Works across all three lenses Consistent with your analysis

  3. Action Steps at Simmons • Estimate 75% of workforce has completed GGOL by May 2005 • Significant investment in people • Improved training and tracking of employee skill development • Increased breadth of employee trainings • PayPlus – pay contingent on performance • Team Growth Process to structure continued learning for intact teams

  4. Results at Simmons • Sold to Thomas H. Lee partners for $1.1 billion • More than double Fenway’s original $513M investment • Top management team became equity partners in Simmons

  5. Results at Simmons • Zero Waste: Target surpassed by 40% in first year • $21M savings • Net operating income increased by 45% in four years • Sales growth 17% in first year

  6. Results at Simmons • 2004 & 2005 – Fortune Best Place to Work • Significant decreases in • Legal fees – 92% • Worker Compensation – 89% • OSHA incidence rate – 78% • Recruitment fees – 67% • Total fringes 30% lower than market average

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