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What Process Do You Adopt?

Six Sigma – iSixSigma Forums General Forums General What Process Do You Adopt?

This topic contains 5 replies, has 4 voices, and was last updated by  Cyril 6 years, 2 months ago.

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  • #54366

    Cyril
    Participant

    In a organisation, if the Key Management positions are vacant. From last 3 years the organisation is making loss and employees are leaving the organisation. Salries are not paid on time and business is not moving due to reputation and cash flow.
    If the Chairmen of the company wants to turn around what steps do you take ?

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    #195096

    Anonymous

    Having returned from out of town, I’m surprised to find the forum so quiet. Many years ago, you’d have an answer within the hour.

    Now this subject is outside my field of experience, but my first question would be to clarify whether the Chairman of the organization has been recently replaced. If not, why not.

    If the Chairman is new to the organization, then you seem to have made a good start on what K-T refer to as a ‘Situation Appraisal.’ In my version of The Rational Manager, there is a diagram on the inside cover entitled: Implement Plan – new ways of operating.

    It seems to me this is a good place for you to start – buy the book, read it, and make a start – perhaps by setting contingency actions to minimize problem effects, but I leave it to others, who take a more formal Six Sigma approach, to advise you further.

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    #195101

    Chris Seider
    Participant

    I suspect this is some interesting homework question.

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    #195108

    Ali
    Participant

    First , find out why the company making loss ,and eliminate the root causes–this include canceling products or services that is causing the loss. Second , identify key successor in the company and promote them to lead .Finally , Change the culture by changing employee.
    I would also Hire consultant for advise .

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    #195113

    uma
    Participant

    Interesting question!!! There could lot of causes of all the above happening in an organization but the two major reasons I see as vital are the investor’s interest and the executional excellence. The two go hand in hand. When an investor under estimates the required cost and overestimates the expected revenue and not ready to see the reality usually it weakens the execution excellence.On the other hand if investor interests are bright but the execution is lethargic and resistive to adaptability failure is an outcome for sure.

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    #195118

    Cyril
    Participant

    I agree with Mr.Alicomments. However the opinion that I seek is – suppose if I suggest Business Process Reengineering will this approach help or Organisaitaonal transformation will help ? Which is the best suitable tool.
    The orgnisation still has core competencies, crediantials and capabilty.

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