Enhancing competitiveness &

inclusivity

Dhruva TrivedyChief Interventionist & Promoter

PERCONTHE STRATEGIC INTERVENTIONISTS

Competition– the present scenario

How do we overcome this situation if we have to survive?

How do we survive as a business organisation?

• Do we create rules and standards for the ‘war’? Can we?

• The prevalent strategies

– Acquisitions

– Mergers

– Collaborations

– Competition

What does Competition call for?

Competitiveness!!

Understanding Inclusive Competitiveness

TOTAL QUALITY!!

Quality• Resources quality

– Finance

– Material

– Human

– Technology

• Process quality– Machines

• Operational efficiency

• Maintenance and Utilities

– Methods of work

• Material Handling

• Machine Operation

• Product quality– Dimensions

– Metallurgy or composition

– Finish

– Packaging

– Delivery on time

Financial Resources

• Plan for investment

– Co-relate business plan and return on investment

– Phase out investment

• Identify resource

– Duration

– Rate of interest

– Return mode

• Identify cost centres

• Professional accounting

Material Resources• Identify material

– Quantities– Quality (constituents and their parameters)– Periodicity of requirement– Storage space

• Identify resources– Quality (primary parameters)

• Dimensions• Metallurgy or composition• Cost

– Proximity or convenience of shipment

Human Resources• Plan/forecast your recruitment and training

• Identify people

– Prepare job description for each job

– Identify competencies required in the job

– Identify source• Assess the right attitude besides knowledge and skills

• Geographical location

• Cost to the company

• Onboarding

– Interact for first 9 months regularly and consistently• To mentor

• To monitor

– Position in the slot where he is aligned with organisational goals

Technology Resources

Machines• Operational Efficiency

– Less time needed for completing operation cycle

– More quantities could be handled

– Finish required by customer

• Maintenance & Utilities– Minimum breakdown

– Effort towards ‘predictive maintenance’

– Support of utilities in right quantities and right time• Gas

• Electricity

• Steam

• Air

• Conveyors and Cranes

Methods of work• Material Handling

– Logistics and transportation

– Loading and unloading

– Stacking and inventory management

• Segregation on basis of ABC analysis

• Segregation between inventory in stores and in WIP

• Housekeeping

– Damage control and safety

• Machine Operation– Use of manual instructions

– Accessibility of input material

– Stacking of output

– Housekeeping

– Safety

Benchmarking

Implementation of best practices

Change of mindset and approach

Inculcate sense of belongingness/engage

Discover the passion each man has

Nurture the passion in the right direction

Bringing about consistency in accountability

Use of small improvements

Use of recognition

Measurements and use of metrics

Display