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BUSINESS
Transformation
Most business organizations are experiencing significant competitive
pressure. New strategies and priorities have become paramount. Many are for the
first time seeking merger and acquisition activity in an attempt to exploit
economies of scale, increase market share and reduce costs. Others are also being
forced to seek out new sources of revenue and are making unprecedented efforts to maintain
current income and increase customer satisfaction. High on the list of priorities for
all business is the reduction of costs through the transformation of business
processes.
MJT Consulting has had significant
success building operational excellence for increased customer satisfaction,
effectiveness, cash flow and cost savings.
Why Has MJT Consulting 's Been So Successful
adding
value?
MJT Guiding Principles:
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Strategy must drive
change
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Senior management must provide "leadership"
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Emphasis on adding customer value
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Putting best client personnel on process improvement
team
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Take a system view
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Plan and learn as-you-go
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No "one size fits all"
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Metrics matter
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Care for the human dimension
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Reengineering is not a one-time thing
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Communicate, communicate, communicate
Sample
Results
Large Utility - United Kingdom
Estimated annual benefits of
£5.8 million
pounds ($10.4)
primarily through
production increases. Cash flow benefits should accrue to future periods as well.
Large Utility - United States
Estimated annual benefits
are $18 million. Applicable avoided interest is approximately
$805,000. Cash
flow benefits should accrue to future periods as well.
Large Utility - United States
Estimated
$3 plus million
is savings in one process alone. Other recommendations would
eliminate hundreds of
days of cycle time in other processes with an estimated finance cost savings of over
$300 thousand
dollars.
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