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Implementing Holistic<br />
Business Strategies:<br />
Cornerstone, making Good<br />
Companies Great<br />
INTERVIEW<br />
Robert Odink is the Founder and Managing Director of<br />
Cornerstone, the Operational Excellence firm that helps<br />
organisations to achieve world-class performance, working<br />
at both ends of the P&L; revenue enhancement and cost base<br />
reduction through positive, people-centric change.<br />
What picture do you<br />
get of the challenges<br />
that companies face<br />
in the industries<br />
that they serve and<br />
how is Cornerstone<br />
addressing them?<br />
The challenge for most of<br />
our clients is to timely adjust<br />
their business to a rapidly<br />
changing environment.<br />
Increased demand requires<br />
our clients to change and<br />
utilise manufacturing assets<br />
better. Increased competition<br />
requires our clients to change<br />
and get a more effective<br />
sales force to secure revenue<br />
growth. Cornerstone would<br />
help clients to accelerate<br />
change and stay ahead<br />
of the game. Cornerstone<br />
typically starts with clients<br />
to improve and re-design<br />
their processes to increase<br />
sales and throughput; to<br />
reduce operating costs and<br />
overheads that usually does<br />
not require any significant<br />
Capex. In parallel, we<br />
work with clients to create<br />
a management operating<br />
systems to install rigour<br />
and discipline, through a<br />
set of coherent, operational<br />
indicators, providing<br />
immediate visibility of past<br />
and predictable underperformance.<br />
This will<br />
almost automatically prompt<br />
the corrective managerial<br />
actions. We help clients to<br />
embrace Visual Performance<br />
Management tools.<br />
Ultimately, we help our clients<br />
to create a performance<br />
driven culture, so to sustain<br />
the new levels of productivity<br />
and profitability. This involves<br />
behavioural analysis and<br />
training, coaching and<br />
communications to enhance<br />
skills and embrace change at<br />
all levels of the organisation.<br />
The cash tangible benefit<br />
associated with the<br />
operational excellence<br />
implementations can be<br />
reinvested into the company:<br />
1. Major opportunities to<br />
directly invest into new<br />
<strong>tech</strong>nologies and production<br />
capabilities.<br />
2. Hugely important to invest<br />
in developing the right set of<br />
labour force capabilities to<br />
capitalize on the manufacturing<br />
transformation.<br />
What are some of the<br />
current <strong>tech</strong>nological<br />
trends existing in the<br />
markets that you serve<br />
and how do you inject<br />
those trends into the<br />
effective solutions you<br />
offer?<br />
Major trend is Industry 4.0<br />
and our professional offering<br />
is to help clients to implement<br />
world class manufacturing or<br />
boost operational excellence.<br />
We also provide clients<br />
program management of their<br />
manufacturing transformation<br />
journey.<br />
What were the<br />
key elements that<br />
INNOVATIONANDTECH<br />
January | 2018<br />
29