Sail through every storm
Proposal for Waveriders
Agenda for the MeetingAnalysis of Waveriders Current SituationPrioritizing the ProblemsTimelineProblem ManagementConclusion
Strengths
Areas for Improvement
Goals and ObjectivesLong Term Goals Profit making organization No. 1 Player in EU Sustainability Knowledge Management
Short Term Goals Stock Management and
Clearance Employee Welfare Ergonomic Considerations Technology Environment Knowledge Management
Prioritized ProblemsStockHealth and SafetyFacility Management Lifecycle cost managementEnvironment---------------------------------------------------------------------------Knowledge Management
1 2 3 4
Stock
Health & Safety
KM system
5
Space
Technology
Timeline
Environment
1) Stock1,764,128 pounds Reasons – Sales Forecasting or Sales targets
not being met.Outcome – Cash Deficiency
Solution to StockMRP – Materials
Requirement Planning The Master Production
Schedule Bill of Materials Production cycle times and
Material needs at each stage of the production cycle time
Supplier Lead Times.
StockProcedure
Buy Software Evaluate Processes Develop Team Create Plan Begin System Monitor Progress
Why MRP? Cheaper Quicker Focuses on Key
Problematic Areas
2)Health and Safety Waveriders has no policy that covers employees’
welfare and employees’ safety.
Action Plan Appoint Facility manager
Achieve ‘six packs’ through “An introduction to health and safety for small firm”.
Follow health and safety issue related to Waveriders in “An introduction to health and safety for small firm” by Health and safety executive (HSE)
Consult HSE
Conduct 5 steps risk assessment and involve employees in the process.
Encourage safety culture
Develop health and safety policy
Develop manual and emergency plan
Educate and train manager and employees
Quarterly review
Health & Safety Follow guideline in “An Introduction in Health &
Safety in Small business” by Health and Safety Executive (HSE)
Managing health and safety Slips, trips and falls Hazardous substances Musculoskeletal disorders Display screen equipment Work equipment and machinery Maintenance and building work First aid and accident reporting
Risk Assessment5 steps in risk assessment
Step 1 Identify the hazards Step 2 Decide who might be harmed and how Step 3 Evaluate the risks and decide on precautions Step 4 Record your findings and implement them Step 5 Review your assessment and update if necessary
Problems :- Lack of proper consideration in ergonomics.- Inefficient management of space in terms of stock
assembly and waste.
3)Space Management
Solution:- Purchase QFM software.- Outsource - Hiring of a facility manager.- Reduce fixed fit-out equipments and provide a small
range of versatile, user-friendly, standardized, re-locatable and adjustable components.
- Divide space into locally manageable unit sizes- Deliver fit for purpose building.
Space Management
Space ManagementOutsourcing.
Outsource experts in the market and technology boat market in Europe.
Keeping core business processes in-house within waveriders and outsource non-core services.
4)Lifecycle Cost Management
Invaluable Assets Installing a new Technology
Lifecycle Cost Management
Life Cycle Asset Management Model
Solutions to life cycle cost asset managementHiring Lifecycle Engineering
Environment Management
An environmental management system is about running an enterprise better, more efficiently, more competitively, and more sustainably, and about making and saving money.
Environmental management is the part of EFQM and can link to European Excellence Model e.g. Processes and Society Results
Challenges for organization.
Atmosphere Toxic Chemicals Land Oceans Biotechnology and biodiversity
Atmospheric ConcernGlobal warming - rise in emissions of
greenhouse gases such as carbon dioxide and methane resulting in an increase in earth's temperature, climate change and a rise in sea level.
Ozone depletion - reduction in the ozone layer surrounding the earth, caused by the use of CFCs, letting the sun's ultraviolet rays penetrate.
Eco Friendly ProductSome Benefits of Eco Friendly Product which
can be describe as Exposure to any toxic chemicals can be harmful to the human body and using eco-friendly products can kill the danger of it. Many products these days contain substances which promotes cancer or other deadly diseases
Implementation ISO 14000ISO 14000 is a management tool enabling an organization of any size or type to: Identify and control the environmental impact of
its activities, products or services, and to Improve its environmental performance
continually, and to Implement a systematic approach to setting
environmental objectives and targets, to achieving these and to demonstrating that they have been achieved.
Implementation of Knowledge Management
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Knowledge Management in excellent organizations 4e. Information and knowledge are managed to support effective
decision making and to build the organisation’s capability
In practice Ensure accurate and sufficient information to support timely
decision making Transform data into information and into knowledge that can be
shared. Provide access to information and knowledge to people. Establish and manage networks to identify opportunity for
innovation. Use data and information on current performance to d identifies
opportunity to generate innovation
EFQM Excellence model 2010 (4e)
Implementation framework
Adapted from: Tiwana, A. (2000).
Analyze existing infrastructure
Design KM infrastructure
Align KM and business strategy
Audit existing knowledge asset and system
Deploy using result driven incremental technology
Design KM team
Create KM blueprint
Develop KM system
Manage change culture and reward structure
Evaluate performance and incrementally refine the KMS
Infrastructure evaluation
KM system analyse design and development
Deployment
Evaluation
People
• No KM team• No training• No knowledge retention• No learning culture
Resources• No database• No Intranet
Process• No documentation• No knowledge transfer/sharing
Existing KM at Waveriders
People
• Involvement and commitment from top level managers• Investing on people, support them with trainings• Create knowledge culture through effective communication • Improve the existing environment through employee feedback
Resources• outsourcing • Intranet, forum for employees• Working Manual library (online)• Website-newsletters, blogs for external users and customers• Database management
Process• Retain talents and strengthen recruitment• Weekly/ project review• Networking (socialising)
KM at Waveriders
SUMMARY
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Organizational Structure
Stock Clearance – Maroon Circle representing the Department
Health and Safety - Hire a Facility Manager
Space Management – Hire a Facility Manager
Life Cycle Cost Asset Management – Red Circle represents the department as well as Life Cycle Engineering Agency
Environment Management – Hire a Facility Management
HR Department is required for all the activities.
1 2 3 4
MRP completed
Health & Safety
KM system
5
Space
Technology
Timeline
ISO 14000
Conclusion In order for Waveriders to reach higher levels
of ROI for the company it is important for them to make efficient use of their Assets and Knowledge.
This can be achieved through strong dedication and motivation from the leaders as well as all employees in the organization.
TRUMP believes that upon undergoing the given change plans Waveriders will emerge from their present state to lead a sustainable future.
Thank You
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