Delivering Change to the Last Mile
NEW YORK (TheStreet) -- In the telecom industry, "The Last Mile" refers to capacity restrictions as data downloads from big pipes with up to 20,000,000 megabytes per second to copper wires with 3 megabytes per second. Connecting the Internet to individual homes is like drinking liquid through a tiny straw. Last mile restrictions dramatically reduce the richness of the Internet.
In organizations it's the same. Most organizations have plenty of richly designed programs, but few programs actually improve business results. More often deliverables end up in project binders collecting dust on a shelf -- deliverables that deliver nothing.
These large-scale improvement programs are often designed at the top. Headquarter design teams construct detailed process policies to address as many "what if" scenarios as possible. Their assumption is that a perfectly designed program will work ... perfectly. Removing employee discretion is an important step towards perfection.
When the program is finally designed, the headquarter design team sends it down the organizational hierarchy in hopes that employees will understand the rationale, deploy it without revision and change their daily patterns of behavior. But that rarely happens.
The richness of well-designed programs is lost when they cannot traverse the last mile and change behavior. It is important to remember that if a program does not influence people to do something different when they come to work, the program creates no value to shareholders, customers or employees. But that's all too theoretical. Let's get practical. Example 1: Redesigning a Sales Team A sales organization wants to up its game. The executive management team spends months with a top consulting firm to design a team-based sales approach. After numerous iterations and thousands of PowerPoint slides that describe behaviors for virtually every conceivable situation, the deck is sent down the hierarchy. But nothing changes. The sales operations department, sensing failure, reacts with a three-day training program to explain the process maps and the new policies. Still nothing happens. Problems: The first problem with this scenario is that the headquarters team was looking for perfection -- an A. But successful changes begin with a B. A's are typically too complex for Version 1.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV