Culture at TaxiForSure презентация

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PART-1 A Primer on Culture

Слайд 1Culture at TaxiForSure
April 2014


Слайд 2PART-1
A Primer on Culture


Слайд 3The term Culture, specifically organization culture, is widely used but hardly

understood.
Have you ever tried this simple exercise?
Asking five senior executives and/or founders separately two questions:
Can you explain to me what organization culture means to you in a simple and practical way?
Can you describe to me the salient aspects of your organization culture?

Слайд 4Very likely, in most Firms, you will find them providing unclear

and inconsistent responses.

Слайд 5It is therefore very helpful to get a working knowledge of

culture in the same way as most of us have of, say, Strategy

Слайд 6Research by IBM concludes that in any organization, or team, seventy

percent of the culture (or organization climate as they refer to it) is driven by the leader of the organization or team.

In addition, the right culture can swing business results by thirty percent.

Putting two and two together, the right leader creates the right culture, which in turn can swing business results significantly


Слайд 7A Good way to Start Understanding Culture is to Understand

what

it is

and

what it is not

Слайд 8Culture is about who gets rewarded and promoted

Culture is about what

behaviors and values we expect from our colleagues – behaviors that are acceptable and behaviors that are not

Culture is the way things are done here

Culture is the way decisions are made – extent of Consultation, Buy-in needed, Consensus etc.

Culture is about how goals are set - set unrealistic goals and aim to achieve them or set conservative goals and definitely achieve them

What IS Culture?


Слайд 9Culture is therefore what successful teams or groups attribute their success

to. Culture therefore evolves

It is very much like evolution of life on this planet

It takes time, takes shape slowly, is often difficult to explain why it is what it is, and most important of all, it is very difficult to make quick changes

Слайд 10There is no good culture or a bad culture just as

there is no right or wrong personal style of leadership. It is not right to conclude that one culture is superior to the other or one works better most of the time.

Culture is not defined by a Company’s espoused values or artifacts like office layouts.

It is not easy to change culture because it evolves slowly

What Culture Is Not?


Слайд 11One may, therefore, legitimately ask: “if organizations can’t change ‘who they

are’, what’s the whole point of understanding culture?”

It is the same thing as asking: “if individuals can’t fundamentally change ‘who they are’, what’s the whole point of developing better self-awareness”?

Self-awareness helps an individual better understand herself in relation to the world around her, and hence, deal with situations more effectively


Слайд 12
The lesson in this is that you should know what your

organization culture is even if you can’t change it easily.

The concept of ‘change management’ which many of us may have heard of is actually a structured way of gradually making changes to elements of a Firm’s Culture that have become dysfunctional over time

Слайд 13How can We as Leaders Drive the Right Culture?


Слайд 14Let us use a Real Life Example and Apply Elementary Game

Theory

Слайд 15Assume you are staffed on to a Project Team comprising Members

who all have a Day job in addition to the Project

You need to decide whether you are going to work hard on the Project or attempt a free ride and focus on your day job

How do you decide?

Take a look at the matrix on the next slide and see the different consequences and outcomes

Слайд 16Irrespective of what your colleagues on the Project choose to do,

it is in your interest to ignore the Project

If My Colleagues Work Hard, I have two choices – Work Hard or Not Work Hard. The option of ‘Not Work Hard’ has better results as you can see

If My Colleagues do not Work Hard, I have two choices – Work Hard or Not Work Hard. Again, the option of ‘Not Work Hard’ has better results as you can see


Слайд 17Let us now Change the Matrix a bit and see how

your Decision Changes

Слайд 18Irrespective of what your colleagues on the Project choose to do,

it is in your interest to NOW Work Hard

If My Colleagues Work Hard, I have two choices – Work Hard or Not Work Hard. The option of ‘Work Hard’ has better results as you can see

If My Colleagues do not Work Hard, I have two choices – Work Hard or Not Work Hard. Again, the option of ‘Work Hard’ has better results as you can see


Слайд 19Did You Figure Out What Changed Between the Two Matrices?


Слайд 20What Changed Was the Kind of Behaviors That Were Rewarded by

The Leaders and the Firm

Culture is, Therefore, All About the Behaviors that are Encouraged and Rewarded

Слайд 21If driving a Culture was just about changing a few things

on the Matrix, why is it so difficult in Real Life?


Слайд 22The reason why it is so difficult to reward the right

behaviors and penalize the wrong ones is because very often the wrong behaviors produce some short term gains for an organization and the right behaviors could produce some short term pain

Слайд 23Therefore, Firms need Clarity and Courage to bear the Short Term

Pain in exchange for the Long Term Gain.

This is a Very Difficult Trade-off

Слайд 24Weak Leaders are often Reluctant to take ownership for bringing about

changes in these dysfunctional behaviors that harm the Organization Culture

They often rely on Peripheral and Distracting Fixes like Compensation Plans and Organization Structures that they think would magically induce the right behaviors

Слайд 25PART-2
Culture at TaxiForSure


Слайд 26Culture is what gives TaxiForSure the best chance of Long Term

Success both for our People and Business

Слайд 27Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we would ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In all Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 28Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we will ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We would prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In All Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 29Ten Behaviors and Talents We Value

Respect for people

Integrity

Transparency

Fun at Work

Entrepreneurial

Clarity

of Thought


Team Building & Team Working


Communication & Influencing


Customer Centricity


Self Awareness


Слайд 30
Respect for People


You are never disrespectful come what may and whatever

the provocation

You do not belittle others however silly you think their idea may be

We can take feedback from the person who serves you tea or the janitor in the office and they will always say they are treated with respect

Your language is carefully chosen – even tough messages are communicated in a constructive tone

You never make oblique or sarcastic remarks


Слайд 31
Integrity


What you say is what you mean

People shouldn’t need much tact

in dealing with you

You always communicate the other person’s side of the story even if she is not around

You are truthful and do not hesitate in saying things like “I don’t know”, or “I goofed up”

You will give credit to others where it is due

You tend to credit others when things go right and look in the mirror when things go wrong and ask “is there something I should have done differently?”

Слайд 32
Transparency


You don’t put on Masks. What people see is what they

get

You genuinely get the affected parties involved in issues and their resolution even if you know they may ask you hard questions

You do not encourage and participate in too many side conversations. You prefer open discussion with all the parties involved



Слайд 33
Fun at Work


You genuinely try and make the work place a

fun place for your team and colleagues

You make it fun in your own way – help others learn, help teams let down their hair and build camaraderie and trust


Слайд 34
Entrepreneurial


You make things happen. You demonstrate Risk Taking, Initiative and Self

Leadership

You can handle Ambiguity and Thrive in Chaos

You can make the right Assumptions and Approximations. You can take decisions in the face of incomplete information

You demonstrate Execution Excellence

Слайд 35
Clarity of Thought
You think strategically, and can articulate what you are,

and are not, trying to do

You Seek insights and ask insightful questions

You can cut through the noise and smoke to quickly reach the underlying truth or root cause

You always step back to take a big picture view, foster strategic thinking in the organization, and understand interdependencies

You can often find simple solutions to complex problems

Слайд 36
Team Building and Team Work
You Set high standards for Yourself and

the Team

You would Proactively address and resolve conflict

You will hire great people. You will hire people who can push you and push the envelope. You won’t hesitate to hire people who are more competent than you
himself/herself

You understand when to delegate and when to micro-manage

You can give and receive feedback in a constructive way

Слайд 37
Communication and Influencing
You are an active listener

You Communicate with energy

and passion and have the ability to articulate complex concepts in a way that is simple to understand

You can use analogies and stories to add clarity and meaning to communications

You treat people with respect independent of their status or disagreement with you

You maintain calm poise in stressful situation

You can give and receive feedback in a constructive way

Слайд 38
Customer Centricity

You take personal responsibility for correcting  customer service problems

You

recognize internal customers and treat them as if they were external customers

You will follow through on customer inquiries, requests, and complaints

You can set expectations with customers and don’t make promises that cannot be delivered

You are an active listener and ask a lot of questions for understanding a customer requirement

You can give and receive feedback in a constructive way

Слайд 39
Self Awareness
You sincerely seek feedback and act on it

Your assessment of

yourself is aligned with others’ assessment of you. In other words you have an accurate assessment of your strengths and weaknesses. You can actually your weaknesses as effortlessly as you articulate your strengths

Your aspirations are in line with your capabilities

You do not put on masks while interacting with people

You always ask yourself in a self-appraisal, “What could I have done better”, “Have I really met this Goal”

Слайд 40Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we will ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We would prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In All Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 41Dream Big and Aim High
Good is the Enemy of Great

Jim

Collins, in Good to Great

Слайд 42We want Everyone to

Think Big

Think Beyond What is Possible

Think Out

of the Box

Think beyond Conventional Boundaries


Слайд 43We are not a Public Company, catering to Market Watchers and

Analysts, Aiming for What is Possible and then Beating it

We are not looking for a predictable 20% per annum increase in share Price


Слайд 44Incremental Thinking Will Get Us Steady Growth

But, We have not

Attracted the kind of People We Have with The Promise of Steady Growth

There is no Fun Living on the Horizontal Sections of the “S” Curve

Слайд 45Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we will ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We would prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In All Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 46Solving the Right Problems – Alice in Wonderland
Alice: Which Door Should

I take?

Rabbit: That Depends Upon Where You Want to Go

Alice: I don’t know where I want to go

Rabbit: Then it doesn’t matter which door you take

If you are solving the wrong problems, it does not matter how well you solve them


Слайд 47The Interesting thing is that Most People who are Busy Solving

the Wrong Problems Don’t Even Realize that

Слайд 48People Solve the Wrong Problems for a Variety of Reasons:

They haven’t

figured out the right problems

Solving the wrong problems is easy

Nobody has questioned them for solving the wrong problems – in fact they have been recognized as good problem solvers

Слайд 49Solving the Wrong Problems Manifests itself Commonly in Three Different Ways:

Solving

problems that someone in your team should be solving

Jumping to conclusions (wrong conclusions) – on what is the cause of something – and working hard to fix it

Working hard to improve something (may be a process) – when the right thing to do may have been to eliminate the process itself. The inherent assumption being that the process (in this case) is NECESSARY. The broader fault is about defining the boundaries incorrectly

Слайд 50Therefore, Every Time You and/or Your Team Are Solving a Problem,



Ask Yourself (Yourselves)

“Are We Solving the Right Problem?”


Слайд 51Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we will ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We would prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In All Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 52Taking Ownership
Most Outcomes or Goals in Organizations have Different Levers.
Each

Lever is only Partially Controlled by any One Team (or Individual)

It is Very Difficult to Structure Work in Ways that result in all the Levers being in the Hands of Only One Team (or one individual)


Слайд 53Taking Ownership when things are Even Partially (Not Entirely) in Your

Control is an Attitude

We WANT our Teams and Team Members to demonstrate this Attitude

Слайд 54This Does Not Mean, we are Encouraging Collective Responsibility or Asking

You to Own up for Something You were Not Responsible for

Слайд 55It Just Means that We will Work as Real Teams and

Collaborate without Boundaries

Слайд 56Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we will ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We would prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In All Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 57People are our Most Important Pillar
Therefore Hiring is THE most important

thing we do

Great People in the Wrong Structure can Make it Work. It may be a Little Sub Optimal that’s all

Great People can make a Weak Process Work. Again, it may be a Little Sub Optimal that’s all




Слайд 58We will Differentiate based on Performance and Talent

We can try and

keep Everyone Happy by a Socialist Approach, but a Socialist Approach results in a Socialist Growth Rate and Results. As a result, Good People will Leave and Average People would be Loyal.



Слайд 59We Sincerely believe that the most important Job of Managers is

to Hire, Manage and Motivate their People

We expect them to spend a significant part of their time in Setting Goals, Clarifying Roles, Evaluating Performance, Providing Feedback and above all, helping them Learn and Grow in their Career

We want everyone who works at TaxiForSure to be able to enhance the quality of their CV



Слайд 60Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we will ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We would prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In All Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 61Speed is as important as Quality
We operate in Markets, and in

Times, where Speed, as much as anything else, Decides Who Wins and Who Gets to be the Leader

We don’t have the Luxury of Trading off Speed and Quality

Both Matter Equally

Слайд 62Speed is often a Question of Clarity of Thought

It is in

being able to Cut through the Clutter and Figure out the 2-3 Most Important Drivers, Levers or Parameters in Any Given Situation and NOT get Distracted by the Noise and the Low Impact Levers or Drivers

We therefore, expect all our People to be able to Make the Right Assumptions and Approximations. Expect them never to get Stuck in an Analysis-Paralysis Situation

Слайд 63Any Decision is Better than Indecision

We will never have All the

Information to Make a Decision. If we had All the Information, We wouldn’t be needed.

Therefore we Value Informed Judgment
(this is part of being Entrepreneurial)

Слайд 64Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we will ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We would prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In All Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 65We Sincerely Believe that while Controls and Process prevent a Firm

from Imploding, they Never lead it to Greatness

Smart People join us for the Freedom we provide



Слайд 66
Creating Alignment Thru’

Values, not Rules

Culture, not Procedures

Goals, not Paths
Great Execution Thru’

Decentralization,

not Centralization

Empowerment, not Control

Слайд 67Freedom to Execute

Decentralization
Low Center of Gravity of the Organization
Branches are our

execution engines, and every one else aligns to support them
Limited ‘Corporate Staff’ but of high quality
‘Corporate Staff’ mind-set is one of creating value for internal customers
Decisions made at the point where there is maximum information

Empowerment

Process-Owners can seek inputs but will have to take decisions
Frameworks, not Rigid Rules
Don’t make Commitments without thinking, but meet Commitments Always
Always behave responsibly
Treat Company Expenses as if you would treat your Personal Expenses


Слайд 68Trust and Personal Responsibility applies to Everything We Do

We will Never

Have the Time, and Do Not Intend, Checking and Monitoring Everything

Therefore, Spend Company Money like you would Spend your Own

Keep Commitments.

Stick to Company Policy. If you Disagree, ask for a Review, but Adhere to it as long as it is in place

Слайд 69Eight Aspects of Our Culture
We Value specific Behaviors and Skills –

And we know what they are

We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets

We Solve the Right Problems – Every time we will ask “Are we solving the Right Problem?”

We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control

People are the most important Pillar – We would prefer Great people plus Average Process to Great Process plus Average People

Speed is as important as Quality – in everything we do

Trust and Personal responsibility – In All Relationships

We are Facts and Data Oriented – in any problem we look at



Слайд 70Facts and Data Orientation
In God we Trust; All Others Must Bring

Data

Unknown

Слайд 71Discussions become Meaningless without Data, and we are Never Sure if

our Decisions are Right



Слайд 72
However, there will be Situations when we may not have All

the Data needed to reach a conclusion

We expect Managers to Figure out and Differentiate between Situations where we need to Look for more Data and Facts and when to Make an Informed Judgment




Слайд 73In Summary, Facts and Data based Analysis IS part of our

DNA



Слайд 74

Culture takes Root Through our Collective Efforts

Encouraging the Right Behaviors

and Discouraging the Wrong Behaviors

Demonstrating through Actions

Walking the Talk

We hope Each of you becomes a Torch Bearer of the TaxiForSure Culture

In Conclusion


Слайд 75THANK YOU
Visit us at www.taxiforsure.com


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