Proposal for Waveriders

 Analysis of Waveriders Current Situation
 Prioritizing the Problems
 Timeline
 Problem Management
 Conclusion

Long Term Goals
 Profit making organization
 No. 1 Player in EU
 Sustainability
 Knowledge Management
Short Term Goals
 Stock Management and
Clearance
 Employee Welfare
 Ergonomic Considerations
 Technology
 Environment
 Knowledge Management

 Stock
 Health and Safety
 Facility Management
 Lifecycle cost management
 Environment
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 Knowledge Management

1
Stock
Health & Safety
2 3
Space
Technology
KM system
Environment
4 5

 1,764,128 pounds
 Reasons – Sales Forecasting or Sales targets not being met.
 Outcome – Cash Deficiency

MRP – Materials
Requirement Planning
 The Master Production
Schedule
 Bill of Materials
 Production cycle times and
Material needs at each stage of the production cycle time
 Supplier Lead Times.

Procedure
 Buy Software
 Evaluate Processes
 Develop Team
 Create Plan
 Begin System
 Monitor Progress
Why MRP?
 Cheaper
 Quicker
 Focuses on Key Problematic
Areas

 Waveriders has no policy that covers employees’ welfare and employees’ safety.

 Appoint Facility manager
 Achieve ‘six packs’ through “An introduction to health and safety for small firm”.
 Follow health and safety issue related to Waveriders in “An introduction to health and safety for small firm” by Health and safety executive (HSE)
 Consult HSE
 Conduct 5 steps risk assessment and involve employees in the process.
 Encourage safety culture
 Develop health and safety policy
 Develop manual and emergency plan
 Educate and train manager and employees
 Quarterly review

 Follow guideline in “An Introduction in Health & Safety in Small business” by Health and Safety Executive (HSE)
 Managing health and safety
 Slips, trips and falls
 Hazardous substances
 Musculoskeletal disorders
 Display screen equipment
 Work equipment and machinery
 Maintenance and building work
 First aid and accident reporting

5 steps in risk assessment
Step 1 Identify the hazards
Step 2 Decide who might be harmed and how
Step 3 Evaluate the risks and decide on precautions
Step 4 Record your findings and implement them
Step 5 Review your assessment and update if necessary

Problems :
Lack of proper consideration in ergonomics.
Inefficient management of space in terms of stock assembly and waste.

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Solution:
Purchase QFM software.
Outsource
Hiring of a facility manager.
Reduce fixed fit-out equipments and provide a small range of versatile, user-friendly, standardized, relocatable and adjustable components.
Divide space into locally manageable unit sizes
Deliver fit for purpose building.

 Outsourcing.
 Outsource experts in the market and technology boat market in Europe.
 Keeping core business processes in-house within waveriders and outsource non-core services.

 Invaluable Assets
 Installing a new Technology

Life Cycle Asset Management Model

 Hiring Lifecycle Engineering

 An environmental management system is about running an enterprise better, more efficiently, more competitively, and more sustainably, and about making and saving money.
 Environmental management is the part of EFQM and can link to European Excellence Model e.g. Processes and Society Results

 Atmosphere
 Toxic Chemicals
 Land
 Oceans
 Biotechnology and biodiversity

 Global warming - rise in emissions of greenhouse gases such as carbon dioxide and methane resulting in an increase in earth's temperature, climate change and a rise in sea level.
 Ozone depletion - reduction in the ozone layer surrounding the earth, caused by the use of
CFCs, letting the sun's ultraviolet rays penetrate.

 Some Benefits of Eco Friendly Product which can be describe as Exposure to any toxic chemicals can be harmful to the human body and using eco-friendly products can kill the danger of it.
Many products these days contain substances which promotes cancer or other deadly diseases

ISO 14000 is a management tool enabling an organization of any size or type to:
 Identify and control the environmental impact of its activities, products or services, and to
 Improve its environmental performance continually, and to
 Implement a systematic approach to setting environmental objectives and targets, to achieving these and to demonstrating that they have been achieved.

 4e. Information and knowledge are managed to support effective decision making and to build the organisation’s capability
 In practice
 Ensure accurate and sufficient information to support timely decision making
 Transform data into information and into knowledge that can be shared.
 Provide access to information and knowledge to people.
 Establish and manage networks to identify opportunity for innovation.
 Use data and information on current performance to d identifies opportunity to generate innovation
EFQM Excellence model 2010 (4e)

Analyze existing infrastructure
Infrastructure evaluation
Align KM and business strategy
Design KM infrastructure
Audit existing knowledge asset and system
Design KM team
KM system analyse design and development
Create KM blueprint
Develop KM system
Deploy using result driven incremental technology
Manage change culture and reward structure
Evaluate performance and incrementally refine the KMS
Deployment
Evaluation Adapted from:
Tiwana, A. (2000).

People
• No KM team
• No training
• No knowledge retention
• No learning culture
Resources
• No database
• No Intranet
Process
• No documentation
• No knowledge transfer/sharing

People
• Involvement and commitment from top level managers
• Investing on people, support them with trainings
• Create knowledge culture through effective communication
• Improve the existing environment through employee feedback
Resources
• outsourcing
• Intranet, forum for employees
• Working Manual library (online)
• Website-newsletters, blogs for external users and customers
• Database management
Process
• Retain talents and strengthen recruitment
• Weekly/ project review
• Networking (socialising)

 Stock Clearance – Maroon Circle representing the Department
 Health and Safety - Hire a Facility
Manager
 Space Management – Hire a
Facility Manager
 Life Cycle Cost Asset Management
– Red Circle represents the department as well as Life Cycle
Engineering Agency
 Environment Management – Hire a
Facility Management
 HR Department is required for all the activities.

1
MRP completed
Health & Safety
2 3
Space
Technology
KM system
ISO 14000
4 5

 In order for Waveriders to reach higher levels of
ROI for the company it is important for them to make efficient use of their Assets and
Knowledge.
 This can be achieved through strong dedication and motivation from the leaders as well as all employees in the organization.
 TRUMP believes that upon undergoing the given change plans Waveriders will emerge from their present state to lead a sustainable future.