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Change or be changed – which one will you choose?

I ended my last column saying that companies need to be agile, resilient and innovative, especially in the New Normal. I’ve been reflecting on that, and I thought it would be a good idea to define them because everybody has a different idea of what they mean. These are mine: Agile Quick and spry, agile…

Transformation

Transformation Management Office: How it benefits digital transformation

Everyone understands that it’s good for business to know how to identify correct initiatives and make them happen. And to ensure that they happen, many companies have a Project Management Office (PMO) responsible for overseeing initiatives, making sure that they are on track and delivering results as expected. Beyond a PMO, a Transformation Management Office…

Transformation

The 5 traits of agile, future-ready companies

When Richard Mahoney became Monsanto Company’s CEO and chairman in the 1980s, he didn’t like where the company was heading. “The core of Monsanto was in serious jeopardy, and it was subject to the swings in oil prices,” he wrote in the book, Tough Calls from the Corner Office. He wanted the company to be…

Transformation

To win the future, train for change (agile companies do)

By FLIP DE HERDT, OPERATIONS MANAGER (MIDDLE EAST).  Building change capability in your organisation is like becoming successful in running marathons.  Before you take up the challenge of running a marathon, you need to train to get there. You may reach out to a coach to set up a training programme. The programme will change the way you eat, sleep and run so that you can achieve your goals of becoming a marathoner more efficiently and effectively.  After a few training sessions,…

Transformation

How to make #EachForEqual more than a hashtag

International Women’s Day has become a fixture in our calendar at Renoir as it celebrates one of our core values – equal opportunity for all. Like our clients, who are operating in an increasingly globalised market, businesses must seek to reflect that diversity (be it gender, race, age, sexual orientation, etc) in its operations, if…

Our new Change Maker: Elisabeth Proust joins Renoir Consulting as Senior Advisor

Renoir Consulting, a global management consultancy specialising in sustainable change, welcomes Elisabeth Proust to its panel of Senior Advisors. The oil and gas sector is one that is constantly changing. However, like the industry itself, major themes impacting the industry also exhibits a cyclical nature with themes related to climate, ESG and the importance of…

You Don’t Own Your Brand

Lisa Hezila, Country Head of Renoir Consulting, Malaysia, and former Group  Managing Director of Young & Rubicam Group/VMLY&R, shares her insights with Business Today on how brands can influence the minds of people through a stream of experiences. Firstly, we need to come to a common definition of what do we mean by “branding.”   It’s all about being “mentally sticky” in…

Business Transformation in 2020: Quick tips to go beyond the buzzword

With every start of the year, many businesses, would be looking to implement their transformation plans (Did you know that “digital transformation” became one of the top management buzzwords at the turn of the decade?). Many are probably also well aware by now that the majority of transformation plans under-deliver or fail. Anyone who has…

The business world’s most underrated superhero

Read the articles on Fortune 100 companies and you’ll see common themes revolving around heroes in leadership, innovation, technology, branding, design and culture. However, to bring all of these together to deliver that meaningful product or service to people requires this “hero” behind-the-scenes: the project manager. “Projects are often viewed as being fundamentally rooted in…

The Art and Science of Cost Cutting

Organisations usually adopt cost reduction only as a short-term solution to an immediate crisis, then fall back into their old spending patterns as soon as the crisis passes. While they may be effective in the short term, such cost reduction techniques, executed in a rush and without a long-term vision, can prove counterproductive and make…

Designing meetings so that they don’t suck

Many of us see meetings as the bane of our lives as they can dominate our time at work. How many times have you heard people complaining that they’re so busy with meetings that they’re struggling to get their work done? While meetings are necessary to reach agreement on important points, to hold teams to…

To gain from employee empowerment, lose this one thing

Employee empowerment is a management technique that involves equipping teams with the tools and resources they need to take initiative, make confident decisions and solve problems without supervision. While empowerment is touted as the answer to many a corporate conundrum, the results often fall short of leadership expectations. Leaders can improve the results by focusing…

These 2 tools make every meeting more productive

If you were asked to name one thing all organisations have in common, you may well answer ‘meetings’. You could even argue that we have way too many of them. However our focus today is on making the most of the time we spend in meetings. There are two tools which, when used effectively, can…

Getting low returns from high technology?

The widespread adoption of digital technology in manufacturing is bringing about a revolution that commentators have named Industry 4.0. Robots are replacing humans and smart devices are using data to take production decisions, moving manufacturing ever closer towards 100% automation. With individual customization now possible even with large scale production runs, this revolution is promising…

Transformations may start from the top but success bubbles up from the bottom.

One of our client CEOs once told us, “We know our problems. We know the solutions too. But we’re still not able to set things right.” Though we have heard similar statements from clients before, this was the first time anyone had summed the situation up so simply and succinctly. Call it failure of execution,…

The myth of resistance to change

We were all brought up with fairy tales that had happy endings – ‘and they lived happily ever after’. In the world of consulting, a fairy-tale ending is every client’s dream. In short, they all wish for positive results that last forever. Is sustainable change an impossible pipe dream? One of those concepts that we…

Go slow, to go fast: The case for planning

Do you ever find that production grinds to a halt because supplies have run out? And have you ever experienced a slowdown while waiting for tools to arrive and for workers to get up to speed with using them? If you have ever encountered issues like these, it might be that your production planning needs…

High performance businesses and athletes have this in common

The flow of information is as critical to a business as the flow of oxygen is to an athlete. Information is what allows businesses to bridge the gap between supply and demand. However, in the era when manufacturing ruled the roost, demand was generally higher than supply and options for customisation were limited. In fact…

Renoir In Action: Tragedy of the commons is killing your business

Recently, I spoke with a potential client who was struggling to understand why they were not achieving better results from the many improvement initiatives they had launched over the past couple of years. They had conceived the initiatives to address specific problems that the company had been facing year after year. They had followed a…

The answer to effective change starts with these 5 questions

Change initiatives often meet with resistance. Many people find the idea of change unsettling, especially when it leaves them asking questions that can’t be answered until the end of the project. Knowing this, communicating effectively with everyone affected should be seen as a key aspect of managing a change project. Taking a structured approach to…

How we are putting all of our employees behind your transformation

How we are putting all of our employees behind your transformation Throughout human history people have passed their knowledge of crafts and trades on to apprentices, and family businesses have passed on their accumulated knowledge to the next generation. However, knowledge management (KM) as we now understand it really began to take off in the…

Renoir In Action: How long-tenure employees can actually short-circuit your problem solving engine

It’s a generally-accepted myth that today’s employees, especially millennials, are more apt to job hop with the aim of accelerating their way up the pay scale and seniority ladder. The evidence, however, does not support this myth, and in fact, shows the opposite trend over the last few decades. According to the US Bureau of…

Renoir In Action: Do you want the problem or the symptom to go away?

A friend of mine was recently regaling me with tales of airport queues and delays all across Europe. His own flight had been delayed, spoiling his dinner plans. The reason given – ‘Delayed due to the late arrival of the incoming aircraft’. I must admit that I had a laugh, though I could sympathise. Jokingly…

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