episode A6.003 Review Stage VI Plan - focus on planned investments - equipment, platform, AND people

Introduction
Here we are in the last week of July and the first month of the 3rd Quarter is ending - how much closer are you to success?

If you have been with us all month, you know we have been railing against the politicians and bureaucrats for acting arbitrarily in response to the pandemic; and any illusion they are making data-based decisions should have been dispelled by now. This is not about a specific political party or group, it is about the arbitrary use of power at the expense of the most important global community - you.

People like us, Living the Life, employ 57% of the planet's population and yet are treated as the source of its problems. Not here, we celebrate the contribution you make to a better society and our focus is to improve your chances of success. 

This week we continue the new programming structure. We use a Balanced Scorecard to format our weekday shows: Finance (Monday) = Operations (Tuesday) + Sales (Customers) + People (Employees) with Fridays dedicated to Owners. Look at the week this way - Monday through Thursday is working IN the Present, Friday is working ON the Future.

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Have a great business week.
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Show Objectives
Given we are still earlier in the Reinvention process, this task is the start of several reviews. The Reinvention will require looking at everything with very few sacred cows beyond its reach. The goal at this point in time is to a general idea of all what is going to happen internally with management skeleton - the platform, impact on process maps, standard operating procedures, and equipment. And of course how all of this impacts your people resources.

Key Issues - ​Owner/Manager Perspective:

1. The reinventions core - is it about the offer, the process, or both?
2. If its the offer = can you use existing processes and equipment or it must be new?
3. If it is the process = what are the benefits to the organization (quality, quantity, cost, time) & externally (features, quality, price)?
4. What can we use the current platform, equipment and people, what has to upgraded, what has to be replaced and with what?

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What You Need to Know

• Improvements identified in the Stage V review that were not implemented;
• You are not just 'disrupting the market', you are disrupting your self;
• The ability to upgrade your current platform to handle the new...Offer and/or Processes;
• What is the potential impact on current employees - how many might not make it through the reinvention - old timers and new comers.

What You Need to Do

1. What if the reinvention is based on a new offer - what will you provide to whom?
2. What if the reinvention is based on upgrading an existing offer - what will you provide to whom?
3. If you creating a new offer - how will it produced or delivered?
4. If you upgrading an existing offer - how will it produced or delivered?
5. What is the impact on your platform - current or unused features?
6. What expertise or talent are you missing that needs to be hired?

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Shows

• Previous: EPISODE A6.002 ANALYSIS OF STAGE V PERFORMANCE
• Next: EPISODE A6.004 Review Stage VI Plan - Scenario Planning about the NEW - ROI