Is there a formula to drive Ownership?
Deliver on promises and targets by building high ownership teams who execute, without follow-ups
High performance businesses have teams who execute targets, driving as an "owner" would do, without follow-ups and excuses
A pharma company achieved FDA approval and witnessed ~15% revenue uplift by empowering the staff to schedule quality tests and their respective shifts on their own
FDA approval had been rejected due to compliance on testing procedures
Production plan had 55% fulfilment rate
Sample testing had a wait time of 48 hrs
CASE REFERENCE
Quality bench productivity was low (10 tests per day vs target of 13 tests)
QA absenteeism was high (8-10%)
Shift adherence was poor
Shift roster designed for 15 workdays without leave
Change in shift was common and informed only 2 hrs in advance
Leave management was done independently, without staff inputs
When business leaders allowed Quality teams to design the shift roster and bench plan, testing throughput increased, leading to higher production and additional revenue
Demonstrated trust
Built collaboration
Gave empowerment
3 foundations to build ownership
Leaders demonstrate trust through empowerment of decision making. When people build the company along, they get a sense of belonging and pride
There is absolute clarity of expectations and job roles. Ambiguous roles lead to doubts which allow employees to not act decisively
Leading by Fear versus Leading by Inspiration - the former style may bring short term results. However, latter creates loyalty and respect
Understand the reasons for low ownership behaviour through deep assessment, interviews and observations. Solve for tactical expectations in a project based manner
Ownership Toolbox
Bring role clarity and define accountability, especially in cross functional targets
Coach Leaders to display sharp behaviours of trust and empowerment. People are included in decision making process
Deploy Today to unlock value
Set up time : 7 days, Implementation time : 6 to 8 weeks
Show long term career path and invest in people development. Bring company purpose at the centre of people agenda.
Trust, Empower
Role clarity, Growth
Inclusion
Your execution capability is your competitive advantage which cannot be copied
Fixing your execution. Just get it done
GreyShoots Advisory
Fixing your execution. Just get it done
measure & plan
coach & implement
puneet@greyshoots.com
9811860105
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