NHRD Journal - National HRD Network
NHRD Journal - National HRD Network
NHRD Journal - National HRD Network
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consolidates in a short period of four to six<br />
months employees are likely to develop inertia<br />
and a feeling of "We are the best" which can<br />
lead to loss of momentum. We therefore need to<br />
identify new strategic needs for changed<br />
competitive condition to overcome inertia.<br />
This can be done by creating positive crisis as<br />
under:<br />
• Convince employees that current<br />
performance was good but not good Enough<br />
• Develop new strategic challenges to<br />
galvanise people into action<br />
• Create an enemy which could be a threat to<br />
survival of the company.<br />
In PCBL having achieved cost leadership in<br />
the turn around and consolidation phase new<br />
strategic challenges identified and<br />
communicated were :<br />
• Achieve Service Leadership<br />
• Achieve Quality Leadership<br />
Positive crisis was created by communicating<br />
the new Demand and Supply scenario of excess<br />
supply due to expansion by competitor in<br />
which survival would depend on being better<br />
in Service and Quality to maintain market<br />
share.<br />
It is critical to reflect on the strategic health of<br />
the organization in the Growth Phase when<br />
company is financially doing well. In most of<br />
the cases we do this when organization's<br />
profitability is on the declining trend. Having<br />
identified the strategic health gaps which are<br />
giving competitive disadvantage, we need to<br />
communicate same across the organization<br />
and develop innovative solutions to overcome<br />
same.<br />
The other Leadership Challenges during this<br />
phase are ~<br />
• Ensure execution of growth plans at<br />
optimum cost and as per schedule<br />
• Preserve the culture of high performance<br />
developed.<br />
- By continuously reinforcing and renewing<br />
mindset<br />
- Consistently improving and increasing job<br />
content of everyone<br />
- Ensuring no burnout by work-life imbalance<br />
It is extremely critical that the Core Team is<br />
willingly participating in the journey of<br />
"accelerated growth" as the work pressure would<br />
need personal sacrifices by way of lack of time for<br />
family. During this process we need to ensure<br />
that we as Leaders are "Energy Givers and not<br />
Energy Taker" through any action of ours.<br />
Sustainable Growth Phase<br />
For PCBL to remain on Sustainable Growth<br />
Path, the challenges are<br />
• Achieve Service & Quality Leadership<br />
• Make PCBL Carbon Black a branded<br />
product<br />
• Enter Speciality Carbon Black business<br />
• Continuously expand capacity<br />
• By generating adequate internal profit to<br />
finance growth<br />
• Identifying locations for expansion with<br />
secured and captive Feedstock supply<br />
which will give long term competitive cost<br />
advantage<br />
• Grow at international locations<br />
The above would enable creation of entry<br />
barrier by increasing the competitive advantage<br />
quotient substantially.<br />
Culture Change<br />
To build a culture in the organization where<br />
individuals have an approach of<br />
"I have to do it"<br />
"It will be done"<br />
is the biggest leadership challenge.<br />
November 2007 <strong>N<strong>HRD</strong></strong> <strong>Journal</strong> 125