Knowledge and Skills for Enterprise Transformation. Enterprises As Systems William B. Rouse Copyright © 2004 Tennenbaum Institute. All rights reserved. Overview • Definitions & Examples • Enterprise Challenges • Enterprise Transformation – Perspectives – Approaches – Solutions • Research Issues – – – – – – – Transformation Questions Best Practices Methods & Tools Enterprise Technologies Organizational Simulation Investment Valuation Organizational Culture & Change Knowledge and Skills for Enterprise Transformation. 2 Enterprise Definitions • Enterprise: A goal-directed organization of resources -- human, information, financial, and physical – and activities, usually of significant operational scope, complication, risk, and duration • Other definitions: – A venture, particularly one of some scope, complication, and risk – A purposeful or industrious undertaking, especially one that requires effort or boldness – Industrious, systematic activity, especially when directed toward profit Knowledge and Skills for Enterprise Transformation. 3 Statutory Definition ``Enterprise'' means the related activities performed (either through unified operation or common control) by any person or persons for a common business purpose, and includes all such activities whether performed in one or more establishments or by one or more corporate or other organizational units including departments of an establishment operated through leasing arrangements, but shall not include the related activities performed for such enterprise by an independent contractor: Provided, That within the meaning of this subsection, a retail or service establishment which is under independent ownership shall not be deemed to be so operated or controlled as to be other than a separate and distinct enterprise by reason of any arrangement, which includes, but is not necessarily limited to, an agreement (1) that it will sell, or sell only, certain goods specified by a particular manufacturer, distributor, or advertiser, or (2) that it will join with other such establishments in the same industry for the purpose of collective purchasing, or (3) that it will have the exclusive right to sell the goods or use the brand name of a manufacturer, distributor, or advertiser within a specified area, or by reason of the fact that it occupies premises leased to it by a person who also leases premises to other retail or service establishments. Knowledge and Skills for Enterprise Transformation. 4 Enterprise Examples • • • • • • • Proprietorship – Single Owner, Location Company – Single Business Unit Corporation – Multiple Business Units Supply Chain – Supply, Mfg, Distribution Market – Competing Supply Chains Government – Laws, Taxation, Services Economy -- Markets & Governments Knowledge and Skills for Enterprise Transformation. 5 Enterprise Challenges • • • • Underlying Phenomena Strategic Management Nature of Challenges Relationships Among Challenges Knowledge and Skills for Enterprise Transformation. 6 Underlying Phenomena • Most enterprises face similar challenges, although relative importance varies • Success of enterprises, and their leaders, strongly affected by these challenges • Multiple useful ways to address strategic challenges successfully • True nature of strategic challenges not determined by tools chosen to address them Knowledge and Skills for Enterprise Transformation. 7 Focus Change Growth Markets Organizations Strategic Management Risks Future Value Resources Knowledge Knowledge and Skills for Enterprise Transformation. Time 8 Nature of Challenges Challenge Nature Growth Increasing Impact in Saturated/Declining Markets Value Enhancing Relationships of Processes to Benefits & Costs Focus Pursuing Opportunities & Avoiding Diversions Change Competing Creatively While Maintaining Continuity Future Investing in Inherently Unpredictable Outcomes Knowledge Transforming Information to Insights to Programs Time Carefully Allocating the Organization’s Scarcest Resource Knowledge and Skills for Enterprise Transformation. 9 Goal Growth Design Change Focus Time Knowledge Future Path Self Means View Value Foundation Knowledge and Skills for Enterprise Transformation. 10 Enterprise Transformation • • • • Framework Examples Perspectives Approaches Knowledge and Skills for Enterprise Transformation. 11 Transformation Framework Knowledge and Skills for Enterprise Transformation. 12 Examples • • • • Changing Markets Changing Offerings Changing Perceptions Changing Operations Knowledge and Skills for Enterprise Transformation. 13 Ends: Changing Markets • • • • • • Amazon leveraging IT to redefine book buying DoD adopting effects-based planning & acquisition e-Bay leveraging IT to redefine the resale market FedEx defining the overnight mail market NCR leveraging IT to redefine banking (via ATMs) Wal-Mart leveraging IT to redefine the retail industry Knowledge and Skills for Enterprise Transformation. 14 Ends: Changing Offerings • • • • • • • CNN redefining news offerings GE moving from products to financing Home Depot redefining hardware store offerings HP attempting to redefine offerings in the printer market IBM defining the business PC market (via outsourcing) Motorola moving from radios to cell phones Schwab redefining how people buy securities Knowledge and Skills for Enterprise Transformation. 15 Ends: Changing Perceptions • Dell repositioning computer buying (via build to order) • Interface adopting green practices to reposition carpet buying • Southwest repositioning discount air travel • Starbucks repositioning coffee buying • Victoria’s Secret repositioning lingerie buying Knowledge and Skills for Enterprise Transformation. 16 Ends: Changing Operations • American Cancer Society consolidating & integrating operations • Lockheed Martin merging three aircraft companies • Newell Rubbermaid resuscitating home products companies • Nucor decreasing the cost of steel making (via mini-mills) • Tennenco resuscitating Pemco Knowledge and Skills for Enterprise Transformation. 17 Transformation Perspectives • Market and/or technology opportunities – the lure of greater success prompts transformation initiatives • Market and/or technology threats – the danger of pending failure prompts transformation initiatives • Competitors’ initiatives – others’ transformation initiatives prompt recognition that transformation is necessary to continued success • Enterprise crises – steadily declining market performance, cash flow problems, etc. prompt recognition that transformation is necessary to survive Knowledge and Skills for Enterprise Transformation. 18 Transformation Approaches • Strategy Oriented – Markets Targeted, e.g., Global – Market Channels Employed – Value Proposition, e.g., Solutions – Offerings – Products & Services • Operation Oriented – Supply Chain Restructuring – Outsourcing & Offshoring – Process Standardization – Process Reengineering – Web-Enabled Processes Knowledge and Skills for Enterprise Transformation. 19 Enterprise Solutions • • • • • ERP: Enterprise Resource Planning MRP: Materials Resource Planning CRM: Customer Relationship Mgt. SCM: Supply Chain Management SFA: Sales Force Automation Knowledge and Skills for Enterprise Transformation. 20 Research Issues • • • • • • • Transformation Questions Best Practices Methods & Tools Enterprise Technologies Organizational Simulation Investment Valuation Organizational Culture & Change Knowledge and Skills for Enterprise Transformation. 21 Transformation Questions • • • • • What Are the “As Is” and “To Be” Enterprises? What Are the Drivers and Enablers of Change? What Will Change Be Like? How Will It Feel? What Will Change Cost? What Will It Be Worth? How Will We Implement Change? What Are the Challenges? • Which Practices Are Best? Which Are Worst? Knowledge and Skills for Enterprise Transformation. 22 Best Practices Research • Identification of Transforming Companies – Dynamic Filtering of Financial Filings – Review of Corporate Case Studies • Comparison of Transformers to Sectors – Financial Performance – Nature of Initiatives • Evaluation of Practices – Best Practices – Worst Practices Knowledge and Skills for Enterprise Transformation. 23 Methods & Tools • Models – Formal Modeling of Organizations & Workflow • Methods – e.g., Lean, Six Sigma, BPR, TQM • Systems – e.g., ERP, CRM, SCM, SFA • Enterprise Transformation: Understanding and Enabling Fundamental Changes of Business Strategies, Processes, and Cultures Knowledge and Skills for Enterprise Transformation. 24 Enterprise Technologies • Concepts – Mobile & Virtual Enterprises • Functions – Knowledge Mgt, Collaboration, Identity Mgt • Technologies – Agents, Biometrics, PKI, RFID • Organizational & Policy Implications – Interoperability, Security, Privacy, Cost of Ownership Knowledge and Skills for Enterprise Transformation. 25 Organizational Simulation • Simulating Organizational Futures – Immersive, Interactive Experiences – Building on Games, Entertainment, Etc. – “Drive the Future Before You Write the Check” • Projects – R&D World – Office World – Infrastructure World – Lion City • Organizational Simulation: From Modeling & Simulation to Games & Entertainment Knowledge and Skills for Enterprise Transformation. 26 Investment Valuation • “Big Bet” Investments – Science & Technology – Mergers & Acquisitions – Economic Development • Long-Term, Highly Uncertain Returns – Technology Risks – “Market” Risks • Investments as Options – R&D World – New Analytic Models Knowledge and Skills for Enterprise Transformation. 27 Organizational Change • Understanding Fundamental Change in Context of Other Research Initiatives • Forces & Triggers of Transformation – Intentional Changes – Emergent Changes • Case Studies of Change – Retail Industry – Commodity Industries – Value-Centered R&D Management Knowledge and Skills for Enterprise Transformation. 28 Enterprise Systems Research Practices Investment Valuation Practices Knowledge and Skills for Enterprise Transformation. Methods & Tools Organizational Culture & Change Organizational Simulation Practices Enterprise Technologies Practices 29 Transformation Questions • • • • • What Are the “As Is” and “To Be” Enterprises? What Are the Drivers and Enablers of Change? What Will Change Be Like? How Will It Feel? What Will Change Cost? What Will It Be Worth? How Will We Implement Change? What Are the Challenges? • Which Practices Are Best? Which Are Worst? Knowledge and Skills for Enterprise Transformation. 30 Knowledge and Skills for Enterprise Transformation. 31