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Learning by doing war room projects the story of wartsila
- 1. The Wartsila Story Learning - by doing War room projects Sharath R 20DM162 22 February 2021 Monday
- 2. = 1% OVERVIEW 01 02 Page No 1 GDP Fuel Price Profit 03 Rule COGS Sales Price Double digit returns EBIT 170locations - 70 countries Indian Wartsila company - 12000+ employees - 250 plants - capacity on producing - 3,500MW 3.8 - 3.3 A B O U T I S S U E T H U M B R U L E
- 3. 1 2 Change models being used Model 2 Model 3 Model 1 Kotter’s Change Management Model McKinsey 7-S Change Management Model ADKAR Change Management Model 3 Increase urgency Build the team Desire Awareness Get the vision correct Communic ate Get things moving Focus on short term goals Incorporate change Don’t give up Strategy Structure Systems Style Shared values Skills Staff Reinforcement Ability Knowledge Page No 2
- 4. LEADERSHIP STYLES one who navigates an organization toward improvement seek ways to get the best performance and potential out of each team member TRANSFORMATIONAL Also called as participative leadership will know when to act, when to authorize, how to mediate conflict DEMOCRATIC Highly formalized set of processes, procedures, and structures lead by channeling established rules, enforcing existing structures, and presiding over specific segments of the hierarchy BUREAUCRATIC Innovative Empathetic Motivational QUALITIES Actively Engaged Supportive Accountable QUALITIES Organized Consistent Focused QUALITIES Page No 3
- 5. Resistance ORGANIZATIONAL RESISTANCE Page No 4 GROUP RESISTANCE INDIVIUAL RESISTANCE POSITIVITY FOCUSEDNESS FLEXIBILITY ORGANISED PROACTIVENESS
- 6. Overcome 18 separate companies 2 companies to be added in mid way W a r - r o o m W artsila Indian Management regular audits end of 3 months develop the sustainability by keeping the achievements end of 6 months accountability Reducing the COGS Identifing and rewarding best performer Pool rating by 350 employees Learning by doing 70-20-10 Page No 5 10 million INR
- 7. Outcome Initiative of making project outcome as the internal case study Motivations by allowing them to feel as responsible Continuing the war room projects for next 2 years in phases Page No 6
- 8. THANK YOU