Rapid Retooling
65 pages
English

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65 pages
English

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Description

Organizational and individual change is constant—it’s not a race to the finish line. Rapid Retooling explains that organizational change is a cyclical process, and shows readers how to constantly and rapidly adapt—or “retool”—themselves, their employees, and their organization business models to keep pace with technology and economic events. By implementing the strategies and tools presented in the book readers will forge a workplace culture that is flexible, resilient, and aware of events that affect its business. This awareness will allow for faster, more efficient, and more cost-effective change initiatives.

You will learn how to:
  • Build employees' business acumen, thereby increasing their ability to spot opportunities for driving revenue, as well as potential organizational threats.
  • Create a culture that encourages innovation
  • Link your organization's business goals to employees' personal goals, increasing their engagement with and dedication to their work.
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    Informations

    Publié par
    Date de parution 21 mai 2013
    Nombre de lectures 0
    EAN13 9781607285441
    Langue English
    Poids de l'ouvrage 1 Mo

    Informations légales : prix de location à la page 0,1248€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

    Extrait

    Developing World-Class Organizations in a Rapidly Changing World





    Antoine Gerschel and Lawrence Polsky



    © 2013 American Society for Training & Development (ASTD)

    All rights reserved. Printed in the United States of America.

    16 15 14 13 1 2 3 4 5

    No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, please go to www.copyright.com , or contact Copyright Clearance Center (CCC), 222 Rosewood Drive, Danvers, MA 01923 (telephone: 978.750.8400, fax: 978.646.8600).

    ASTD Press is an internationally renowned source of insightful and practical information on workplace learning, performance, and professional development.

    ASTD Press
    1640 King Street Box 1443
    Alexandria, VA 22313-1443 USA

    Ordering information: Books published by ASTD Press can be purchased by visiting ASTD’s website at store.astd.org or by calling 800.628.2783 or 703.683.8100.

    Library of Congress Control Number: 2013931622

    ISBN-10: 1-56286-864-0
    ISBN-13: 978-1-56286-864-2
    e-ISBN: 978-1-60728-544-1

    ASTD Press Editorial Staff:
    Director: Glenn Saltzman
    Manager, ASTD Press: Ashley McDonald
    Community of Practice Manager, Workforce Development: Ron Lippock
    Associate Editor: Stephanie Castellano
    Editorial Assistant: Sarah Cough
    Text and Cover Design: Lon Levy


    Contents


    Acknowledgments

    Preface


    Chapter 1: The Case for Rapid Retoolingz

    Chapter 2: Building Business Acumen

    Chapter 3: Fostering Innovation

    Chapter 4: Overcoming Silo Thinking

    Chapter 5: Energizing the Team

    Chapter 6: Making It Personal

    Chapter 7: Rapid Retooling in a High-Tech, Multicultural World


    References and Resources

    About the Authors


    Acknowledgments


    We would first like to thank Sandy. Hurricane Sandy, that is. Sandy became the perfect example of a “rapid retooling” situation. In the final week of writing, three days before our manuscript was due, Sandy hit the East coast. We had planned to meet in New York City for three days to put the finishing touches on our book. Instead, without electricity and in the midst of chaos, we had to come up with a new writing process. Lawrence sat in his car so he could keep his phone—our substitute communication channel—charged, as we worked on restructuring and editing our chapters. While working on the book, we were also busy tending to the urgent needs of family and friends in the aftermath of the storm. In the end, we applied the tools in this book to keep focused and energized on our end goal. For that, we are thankful to Sandy for making rapid retooling even more relevant to us. Special thanks to Gerry and Marie Ruebenstahl, Alicia, Tim, and Ben Tate for their support during Sandy.
    Secondly, this book would not exist without our adopted sister Anne Bruce. She connected us with Ron Lippock at ASTD. Bolstered by her encouragement, we pitched the idea and Ron loved it. Thank you, Anne, for your continued support of our literary and consulting endeavors. Stephanie Castellano got to know both our writing talents and—more importantly!—our limitations. Stephanie, for your advice, critical feedback, and patience through the editing process, thanks a million!
    We also would like to thank the executives and organization leaders who let us share their stories about what it takes to succeed in a challenging business environment. There are too many to mention individually, but many of you will find yourselves in the book.
    Writing a book is a huge undertaking that ultimately eats into the time and energy we dedicate to family. Our wives Noëmie and Teresa had to bear the brunt of family responsibilities, even during the aftermath of one of the worst hurricanes in the New York City area. This book, and in fact all our work success and world travels, could never have happened without you. We also want to thank our children, Misha, Ron, Giulia, Gretta, and Zach, who we hope through our example learn how to face life’s challenges and seize all the terrific opportunities we have.

    Antoine Gerschel
    Lawrence Polsky



    Preface


    We have worked with and witnessed dozens of companies over the past five years that were forced to change quickly and on a large scale—whether due to economic, technological, or competitive challenges, or a change of leadership. These companies have had to find ways to rapidly retool themselves. Some have done so successfully, others not so well.
    Encouraged by customers, business partners, and friends, we decided to collect our experiences and attempt to codify best practices for rapid retooling. The end result is this book. In these pages you will find real-world case studies, stories, and advice from executives who have led rapid change efforts. The book provides insights from world-class organizations, including Apple, Bayer, Beam Spirits, BMW Manufacturing, Cisco, Credit Suisse, EMC2, Enterasys Networks, Deloitte & Touche LLP, Faber-Castell USA, FedEx, Fisba, Google, ICON Clinical Research, Jiffy Lube/Shell, Make-A-Wish® International, McDonald’s, Merck & Company, Merrimack Pharmaceuticals, NISC, Novartis, Infragistics, MacxRed, Nokia Mobile Payment Services, Puma, SAP, Skyline Exhibits, Staples, Starbucks, Orange Regional Medical Center, United States Patent and Trademark Office, St. Luke’s Health System, Tenneco, the NYC Department of Health, UBS, Xcelris Labs, and more.
    The stories are enjoyable and educational. However, ultimately you will need to figure out how to apply the ideas in the book to your own company. To help you, we have included:
    • Rapid Retooling Worksheets. These are tools to help you implement the ideas outlined in the book in your organization.
    • Rapid Retooling Research. We highlight research studies we believe are particularly relevant to our readers.
    • Rapid Retooling Recommendations. These are specific recommendations from us or the executives we interviewed, to help you rapidly retool your organization.
    We now present you with the lessons learned by real-life organizations and their leaders. We hope you both enjoy and benefit from the advice in this book.



    Chapter 1
    The Case for Rapid Retooling





    John was born in a remote village in Turkey to parents of no education and no means. His childhood was spent in the midst of civil war that led to the splintering of his family and launched him into a life of destitution. He eventually found safety and solace in a seminary in Jerusalem, but after getting caught up in a different type of war abroad, he was banished back to Turkey where he became a fugitive of the Turkish Secret Service. But John had other aspirations for his life besides being a political outcast. Since childhood, he dreamed of being a doctor. He also wanted to one day live in the United States.
    John made both dreams a reality. He moved to America and went to Columbia University for his undergraduate degree and Tufts University School of Medicine in Boston for his medical degree. A board-certified internist, he eventually entered the business world and worked his way up to the C-level team of a leading global pharmaceutical company. He now reshapes their high-level operations just as he reshaped his life: with vision and accountability. He is the epitome of a rapid retooler.
    We know this introduction reads more like the summary of a novel than a business book. (In fact, John’s life is the subject of his novel Gray Wolves and White Doves .) We have threaded John’s story throughout this chapter because he is representative of many of the rapid retoolers we have worked with over the years; organizational leaders who faced seemingly unconquerable challenges and pushed on, despite the pressure and the resistance, in order to help their organizations survive a rapidly changing business landscape.

    What Is Rapid Retooling?
    Simply put, rapid retooling is what successful organizations are doing to keep ahead of the rapid pace of change. They respond to technological and economic pressures by quickly refocusing, retraining, and reenergizing their employees to achieve results.
    You don’t change an engine when you just need a different screwdriver. You don’t need a new manufacturing line each time you are introducing a new production batch or a modified product. All you do is retool your manufacturing equipment. The same is true with people. People who adapt to external circumstances, constantly develop their skills, and regularly update their knowledge are retooling themselves. Their employers retain them in order to leverage their knowledge, talent, skills, experience, and network, which enrich over time and compound their ability to give back to their organizations. Retaining these kinds of employees is certainly much more efficient than rehiring. Companies become dynamic organisms, retooling themselves in lockstep with the changing market.


    RR Research: What CEOs Are Saying
    An April 2012 study by Forbes and BMO Harris of 300 senior executives, called “Forbes Insights: Inspired for Growth,” stresses a key finding about “middle market companies.” Two-thirds of the executives surveyed say that in today’seconomy, companies have to continuously change and adapt their strategic course. One-third even talks about the need to revamp business models t

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