1 / 23

Managing Transformation

Managing Transformation. Action Plan Presentation 10-02-2004. Structure of Presentation. Objectives of the Program Tools Adopted What we learnt What we will practice What results we will bring about What support we seek. Objectives of the Program.

wilkes
Download Presentation

Managing Transformation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Managing Transformation Action Plan Presentation 10-02-2004

  2. Structure of Presentation • Objectives of the Program • Tools Adopted • What we learnt • What we will practice • What results we will bring about • What support we seek

  3. Objectives of theProgram Organisational Transformation thru self transformation Understanding the Best Practices and bringing the next Practices Focus on extra-ordinary results

  4. Tools Adopted • Lecture Sessions with active Interaction • Presentations • Case Studies, Poems, Stories • Group Discussions and Quiz • Films on transformation • Various role plays such as • Reflectors • Optimist • Devils Advocate • Seeker • Presenter • Planner

  5. What we learnt • Change the mindset • Introspect and discover our core competencies and core incompetencies • Create our own destiny through transformation • Fear of failure is impediment to success • Take charge than allowing things to happen on their own • Family and employees are also our customers

  6. What we learnt-2 • Think beyond boundaries • To be successful do things differently • Empower through delegation and knowledge sharing • Individual transformation is a pre-requisite for organisational transformation

  7. What we learnt-3 • Work willingly for results within available resources • Continuous innovation/creativity is pre-requisite for high performance • Appreciation appreciates morale • Communication is a powerful tool, use it effectively • Be a good listener to be an effective leader • Aim at higher role play

  8. What we learnt-4 • Learn to unlearn and relearn • Practice what you preach- Walk the talk • Anticipate, prioritise & delegate for better time management • Challenge assumptions to ensure success • Be customer centric in decision making

  9. What we learnt-5 • Create synergy by working together • Take ownership to your actions • Feedforward in place of feedback • Best practices to Next practices • Small wins lead to big SUCCESS

  10. What we learnt-6 Threats, opportunities, challenges and Risks Analyse Choose Make assessment (Planning) Prepare Strategies Identify Resources Implement/ execute

  11. What we learnt-7 Implement/ execute Resistance Hurdles Fear Conflict Do not Quit Motivate/ Inspire Bliss Achieve the Goal Reward

  12. Success is a continuous journey

  13. What we will practice • Motivate, mentor, appreciate people around us • Plan, prioritise, delegate and monitor day- to –day work • Communicate effectively • Encourage new ideas and implement • Come out of ego and prejudices–be humble • Share agenda and knowledge

  14. What we will practice-2 • Transformation through leadership-set example to others • Customer orientation through best practices • Focus on actions than words • Not averse to taking calculated risk • Expand horizon and aim for bigger goals

  15. What we will practice-3 • Give and take feed-forward • Align resources for better performance • Challenge assumptions for better decision/performance • Make distinction among people • Those who are motivated – include them in committees, appreciate • Those who look for benefits for them-entrepreneur category- utilise their extra passion • Those who aspire leadership position- reward them in leader of the month / week – share their best practices • Those who work to rule- coach, provoke, persuade

  16. What we will practice-4 • Cross selling through Customer Relation Management( CRM) • Be self -driven and do not drift • Quick decision and least response time • Shared vision

  17. What results we will bring about • Achieve 50 per cent annualised growth in all parameters to reach Centenary Vision • Achieve revised plan (drawn at Eagleton Conclave) of March, 2004 in all parameters • Leverage initiatives of the Bank and accelerate credit to agriculture • Achieve 55 per cent annualised growth under retail segment- reach 40 percent of net bank credit by 2006

  18. What results we will bring about-2 • Accelerated cash recovery - Minimise delinquency and achieve NIL Net NPA position • Double clientele base by 2006 • Multifold increase in Bancassurance and Govt. business • Issue Debit cards to all eligible accounts – Full Coverage • Realise visionary profit goal of Rs. 725 Cr

  19. What support we seek

  20. What support we seek-2

  21. What support we seek- 3

  22. What support we seek-4

  23. THANK YOU This is not the end. TRANSFORMATION HAS BEGUN…

More Related