Case: New line T 51
Introduction
How can a strategic project be successful
Scope: Production company
Target group: company director, production manager, executive committee
Situation
After a few years, the sale of Nicetoy company's flagship products stagnates and the most important customers (80% of turnover) show no visible signs of increased orders.
Mr. Thearm, Nicetoy director, organizes a meeting of the executive committee to find a lasting solution. He explains that a credit of 4 million euros with a rate of 2.5% will certainly be granted by the bank if a well-designed plan is filed before the end of next month. This funding will be used to purchase and implement an automatic (and ecological) line for painting of the main components of the MX series (electric sports cars).
Challenge
A team is quickly formed with project leader Mr. Theback, production manager. After a few meetings, two proposals are submitted to the director. What will be the executive committee's choice?
Choice 1
Organize work optimally
- Involve all staff in the project
- Convince people that work in 3 shifts is essential
Manage performance
- Link the project with the business plan
- Communicate project progress regularly (dashboard with result indicators)
Develop new skills
- Train staff in specific requirements of the automatic line at the manufacturer (one week)
- Involve staff during installation and testing of equipment
Choice 2
Get a turnkey delivery line
- Include compensation from the manufacturer for each day of delay
- Include a clause that a manufacturer's representative is on-site during the first two months to resolve any problem at the start of the line
Manage Risk
- Provide a reserve stock of goods in case there is a problem that will lead to a delay at the start of the line
- Recruit interim personnel in order not to disturb the staff leave and holidays
Develop new skills
- Train staff in specific requirements of the automatic line at the manufacturer (two weeks)
- Train staff in the theory of automatic painting lines