-- Why the 3 Alphas --
3 Alphas in Management is written using very light yet effective and proven management techniques that I have dated using in my almost 30 years in senior management positions in varied industries, including as a Vice President with a king-size multi-national set (MNC) and as a Group Executive Director of a public listed order (plc).
The emphasis of 3 Alphas in Management is on the formation of teams, known as circles, involving now and again flush of personnel in the organization to parent a cohesive drudge force with a sense of purpose within a customer-centric organization.
Circles are used to denote a roundtable atmosphere and environment, whereby all the circle participants are equals and are too equally foremost.
No one is left out, and in fact, no one should be left out.
After all, all employees are as well consumers and are customers and their ideas and input on how an organization can be more customer-centric ar! e valid and as such, should not be discounted or overlooked.
3 Alphas in Management starts from AAA (the 3As) to ZZZ (the 3Zs).
I believe that the catalog is non-exhaustive.
But instead, I hoped that the 3 Alphas in Management will stimulate your organization to start their own customized 3 Alphas.
For citation, I have used "Ideas In aggrandizement" for III (3Is), but too valid would be "Investing In Intrapreuners" or "Innovations In Industry" etc. etc.
-- The 3 As (AAA) - Against Any Adversities --
-- Overview --
It has regularly démodé said that the greatest asset of any organization is the citizens that sweat for them.
evermore so often organization is built on the strength of the humans that daily grind for them, the stronger the general public are the stronger the organization will be.
Unfortunately, several organizations never have the opportunity to evaluation the strength (or weakness) of their inhabitants unti! l it is too eleventh hour, that is, in the face of acute adver! sity.
It is therefore very vital and highly critical to the continued Successfulness and survival of any organization to groom and train their humans to be able to face up to any adversities.
Thus, the first of the 3Alphas of Management looks at preparing the organization "Against Any Adversities".
No one plans for adversities to luck. So, better of the duration they do not plan on how to overcome them.
in sync with, maximum mortals feel and believe that mishaps will only ripen to the other personage and not to him. Similarly, organizations used to believe that misfortunes will only beset and befall others, hopefully their competitors.
However, everything is further from the truth. Mishaps, misfortunes, adversities, calamities, disasters happens everyday and to anyone. It knows no favors and owes no favors.
So are you and your organization ready to face any adversity that may beset you ?
If the response is YES, you can skip to the next 3Alph! as in Management, but if it is a NO or even a MAYBE, know on.
What sort of adversities could beset your organization?
The archive is non-exhaustive, but let us look at a few and see how well you and your inhabitants are ready to face them.
- Senior management replacement line
best organizations have in install a very well planned and executed Succession Planning Program.
Do you have one?
It is in fact truly uncomplicated but some organizations find it thoroughly difficult if not impossible.
The first question you be deficient to ask is :
Amongst your key personnel, who in your organization are currently irreplaceable and indispensable?
Is it the holder, the Chairman, the President, a Vice President, who, indeed who?
The next question to ask would be :
What happens if these individuals are no longer with the organization?
once more ask yourself :
How can we plan for that eventuality?
The ques! tion goes on and on, but unfortunately all these questions lon! g antiph ons.
Do you promote internally?
Is anyone ready to take ancient history?
Will the chap replacing him have the necessary knowledge, reality, qualification and maturity to take finished?
Do we hire someone from outside?
Will he be willing to come?
When can he come?
Will we be able to afford him?
Will the employees accept someone from outside for such a senior position?
Questions, questions and more questions !!
That requirements remarks, solutions and more counterclaims !!
- Loss of Key Assets
Next, ask yourself :
What happens if our production plant were to be destroyed, by fire, floods, explosions?
Are we prepared and ready to start production elsewhere the next day?
Are there other manufacturers who can manufacture for us?
Will we be able to meet now orders and commitments?
Will customers leave us for our competitors?
Hey, are we even insured?
I feel the picture! is very clear and I do not have to discuss any other adversities that could probably beset your organization.
-- The Circles --
What is prescribed is for you to set up Risk Management Circles in your organization to prepare your organization "Against All Adversities".
The Risk Management Circles (RMCs) that could be set up are
- RMC on loss of key personnel
that RMC would identify all key personnel and determine the risk exposure to the organization and ways to minimise or mitigate that risk in the event of loss of these employees.
- RMC on loss of key assets
that RMC would identify all key assets and determine the risk exposure to the organization and ways to minimise or mitigate that risk in the event of loss of these assets, particularly assets used in the production of goods and services for sale.
- RMC on loss due to infidelity
that RMC would identify all losses that may be incurred due to infidelity by key managem! ent staff and determine the risk exposure to the organization ! and ways to minimise or mitigate that risk in the event of any act of infidelity.
- RMC on loss of proof
that RMC would identify all key lowdown scoop and determine the risk exposure to the organization and ways to minimise or mitigate that risk in the event of loss of these documents, particularly picture which are considered critical for the day to day operation of your organization.
- RMC on industrial espionage and loss of sales secrets
that RMC would identify all key enterprise secret circumstances and hookup and determine the risk exposure to the organization and ways to minimise or mitigate that risk in the event of loss of these secrets, particularly commerce secrets that have inclined your organization the leading edge in your industry.
-- Methodology --
Circles are used to denote a roundtable atmosphere and environment, whereby all the participants in the Circle are equals and are and equally determining.
- The Circle would be set ! up by the Management
- The Circle will be made up of personnel from separate departments or divisions
- The Circle will have a facilitator and not a Chairman, and a Secretary
- Minutes, to be taken by the Secretary, will not be taken verbatim, but only the main points and the decisions are recorded. that is to ensure that participants will be willing to express themselves and their ideas and concerns freely out fear
- The Circle would before stretching be empowered by the Management to :
- Identify the achievable risk within their defined area, case history on Loss of Key Personnel
- Discuss ways to mitigate or minimize these risks
- put calm a proposal to the Management on the pushover steps needed to be taken to overcome or minimize the risks
- Design the Reporting Formats to be used to document the risks and the steps taken to mitigate them
- Monitor the progress of the organization's implementation of the mitigating ! steps
- Report to Management on any "new" risk that they! foresee
- Report to Management on any shortcomings in the implementation of the mitigating steps
-- I will rest posting ebooks on 3 Alphas in Management until the 3Zs (ZZZ), but not necessarily in alphabetical standardization.
-- news letter me and I will keep you informed when they are ready for publishing.
I have unstylish in Management for more than 30 years and since the overdue 90s I began venturing into Web Businesses that contain Accounting Software, on the net Bookkeeping Services, on the net Travel Booking order and on the web Shopping Catalog. To view my produce and services go to http://www.your1stop.co.uk To subscribe to any of my FREE tutorial, or for more instruction on Management newsletter me at rajaidris@multibizlink.com
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