Transformation Transforming Businesses with Technology Steve Halloran Seismic Partners Presenting to: Institute of Management Accountants September 23rd 2014 Case Study | Aquarion Water Technology Case Study | Aquarion Water Transformation Business Transformation What is the Role of Technology? Support Function Business Enabler What Level of Change is Needed? Core Business Transformation Background and Experience ShyGenius Business Transformation Recent Background and Experience Business Transformation What is Technology’s Role? Technology?? Business Transformation Some Quick Thoughts and Lessons Learned… • • • • • • • • Business Transformation Doesn’t Just Happen Focus on Solving Problems Worth Solving Leverage Your Assets You Need to Give Control to Gain Control Don’t Reinvent the Wheel Measure and Pivot Over-Communicate Dedicate Resources (Back to #1) Looking Beyond Today Practically Radical and “Vuja De” Future | 3D Printing Future | Internet of All Things And the potential is huge – networking giant Cisco estimates $19 trillion in global Internet-of-Everything opportunities over the next decade. Future | Augmented Reality http://www.youtube.com/watch?v=9Wv9k_ssLcI Case Study | Aquarion Water Who Said Change Was Easy ? Case Study | Aquarion Water Driving and Sustaining Change 2004 • $140M, 4 states, 320 emp • Forced Early Retirement • Significant Issues: – – – – Service Quality Capital Efficiency Operating Efficiency Backoffice Support • Highly Customized Legacy Systems and Shadow IT 2014 • $200M, 3 states, 270 emp • Highly Integrated & Performance Driven • Significant Improvements – Voted One of Top Places to Work in CT – High Customer Satisfaction – Few Complaints Among Peers Case Study | Aquarion Water Building Alignment and Momentum AWC will use information technology to drive efficiency and service excellence to become the best provider of water in the U.S. GUIDING PRINCIPLES * * Processes will leverage industry best practices Architecture will be scaleable, integrated, and able to evolve with the company * Data will be captured once, as close to work site as possible * Data will be available anytime, anywhere, for the people who need it * Security will be appropriately built into all systems * Technology will be proven and sustainable * Systems will be role-based and rules driven * Systems will be COTS with no customization * Systems will meet business needs based on challenged business case * Interfaces will be user friendly and appropriate to the user role * Initiatives will be governed under formal program management Operations Service change management Back Office Capital process including Efficiency Quality Efficiency Efficiency Case Study | Aquarion Water Establishing Our Baseline Plan Case Study | Aquarion Water Defying Conventional Wisdom Plan Assess Select Road Map Requirements TUI Consulting RFP “Dark horse” & more Case Study | Aquarion Water What is Risk ? Case Study | Aquarion Water Big Bang Approach and Focus on Change Change Enablement Minimize Implementation Phase Transformational Change Rapid Transition to Benefits Realisation Go - Live Minimize Business Performance Dip www.axonglobal.com Business Performance Baseline Performance Case Study | Aquarion Water Dip-O-Meter Post-Go-Live M etrics 110 X-Connect & WQ 100 Finance Infor. Tech. Utility Ops 90 Supply Ops Cust. Serv. Series1 Index Series2 80 Series3 Series4 70 Series5 Cap + Purch. Series6 Series7 60 50 40 2-Jan www.axonglobal.com 17-Jan 1-Feb 16-Feb 3-Mar 18-Mar 2-Apr Case Study | Aquarion Water Resources and Tools to Manage Change Functional Roles – – – – – – – Dedicated Program Leadership Executive and Operating Steering Group Quality Assurance Resources Change & Training team Measurement team (‘Managing the Dip’) Business Council ePMO Project Meetings – – – – Lunch n’ Learns Departmental Meetings Field Service / Operator Workshops (‘BAM’) Management Workshops (‘Good to Great’) Reference Documents – – – – – Blueprints and IBPs (Reverse Engineer the Business) Role cards Change cards Quick fact cards Stop, Start and Continue (SSC) Guides www.axonglobal.com Case Study | Aquarion Water Questions? Steve Halloran Managing Partner, Seismic steve.halloran@thinkseismic.com (203) 450-8644