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This is the Art of Strategy Execution.It is the most important skill in the

Nation.In Situation of Life and death,

It is the Way of Survival or Extinction

- Sun Tzu The Art of War

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OUR TEAM FROM

RIO BANGALORE

Angel,Bala & Garima

FASTER PROJECT EXECUTION: NEWAPPROACHES FOR THE FUTURE

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BASIC FRAMEWORK

WHAT IS PROJECT EXECUTION

wHY FASTER PROJECT EXECUTION??

hOW?? ROADMAP FOR FASTER PROJECTEXECUTION.

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WHAT IS PROJECTEXECUTION??

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An Art and Science ofgetting things done

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Why Faster ProjectExecution???

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TIME gained =MONEYgained

RETURN ON INVESTMENT

COSTS

HOLDS UP CAPACITY

TIMEMONEY

=

http://3.bp.blogspot.com/_ozYwZE-OdHg/SkfTd7pqETI/AAAAAAAAAjU/kbbzUvKquhQ/s400/pt-golden-record-wall-clock.jpghttp://3.bp.blogspot.com/_ozYwZE-OdHg/SkfTd7pqETI/AAAAAAAAAjU/kbbzUvKquhQ/s400/pt-golden-record-wall-clock.jpghttp://techdev.cc.depaul.edu/wordpress/wp-content/uploads/2008/11/time-flies.gif

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The truth of the matter is that

you always know the right thingto do. The hard part is doing it.-General H. Norman Schwarzkopf

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Doing it- the Harder Part: ARoadmap..

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IEEMODEL

INTEGRATED EXECUTIONEXCELLENCE MODEL

EXECUTION

INTEG

RATED

EXCEL

LENCE

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INTEGRATED EXECUTION EXCELLENCE MODEL

INTEGRATED

UNIQUEEXECUTIONCAPABILITY

DEVELOPFOR ALL

ENHANCEDPERFORMANCE ATINDIVIDUALLEVEL

WHENINTERGRATED- FASTER ATCOMPANYLEVEL!!

PROCESSES

+

MEASURE &

SURPASS

+

EXECUTION

OPERATIONSPROCESS

FAST TRACKPROJECTMODEL

EXCELLENCE

EXCELLENCE SUCCEED TODAY+ EXCEL

TOMORROW

MEASUREPERFORMANCE

BALANCEDSCORECARD

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In an organization, thehardware (Strategy &

Structure) is inert without the

PEOPLE FOCUS!

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To be committed or merely to be

http://businessexecutionexcellence.blogspot.com/2008/05/to-committed-or-merely-to-be-involved.htmlhttp://businessexecutionexcellence.blogspot.com/2008/05/to-committed-or-merely-to-be-involved.html

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xQ not only IQ..

EXECUTION QUOTIENT (xQ) = fn (BUSINESS ALIGNMENT + PEOPLE PERFORMAN

NOT AN INBORN QUALITY

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NTPCLimited

NTPCLimitedPurpose and Instructions :This questionnaire is designed to get a sample of Execution Potential of NTPC employees. The items on the questionnaire reflect criticalperformance factors. Most performance problems in organizations stem from failure to effectively manage these factors well within thedesired time frame which is the biggest impediment in FASTER PROJECT EXECUTION.Please carefully read each item and its definition. First rate whether each item is important, considering current coporate strategy of NTPC Ltd. Then for the important items, rate the % Achieved for your workgroup in NTPC Ltd.

RATING SCALE DEFINITIONS RATING SCALE DEFINITIONS

% Achieved NTPC Ltd./ Your Department Importance Given NTPC'sobjectives, this itemis:

100% Exceeds benchmarks IMPORTANT

75% Performs Well

50% Is Average

25% Performs Poorly NOT IMPORTANT

0% Fails to Perform

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NTPCLimited

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NTPCLimited

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AVERAGE RATING RANGE-70-74%

http://images.clipartof.com/small/19908-Clipart-Illustration-Of-Five-Blue-Men-Standing-On-A-Red-And-Whit.jpghttp://images.clipartof.com/small/19908-Clipart-Illustration-Of-Five-Blue-Men-Standing-On-A-Red-And-Whit.jpghttp://images.clipartof.com/small/19908-Clipart-Illustration-Of-Five-Blue-Men-Standing-On-A-Red-And-Whit.jpghttp://images.clipartof.com/small/19908-Clipart-Illustration-Of-Five-Blue-Men-Standing-On-A-Red-And-Whit.jpg

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RAISING xQ in NTPC-SUGGESTIONS.. Strategy alignment: Communication Flow in

NTPC.

Set clear, measurable, deadline drivengoalsEmpower Employees-Motivate, Train

Reward to doers.

+

xQOPLE PERFORMANCESTRATEGY ALIGNMENT FASTER EXECUTION!!

http://images.clipartof.com/small/19908-Clipart-Illustration-Of-Five-Blue-Men-Standing-On-A-Red-And-Whit.jpg

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EXECUTION

THE PROCESS PART.

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Project Execution Approach

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Traditional Approach

Owner

Pre-

ProjectReport

LOA

Bidding

Prelimin

ary Engg

Feasibil

ityStudy

LOA

Data

fromSupplier

EnggBiddi

ng

Select

Sub-Supplier

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Fast Track Approach

Owner

ProjectExecution

SupplierSelection

Suppli

er

DetailedEngg

DPRProjectTeam

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Criteria For Supplier Selection

Access To Latest Technology

Experience of Executing SimilarProjects

Design & Manufacturing Capabilities

Dedicated Sub-Suppliers for Auxiliaries

Necessary Financial Capabilities

Project Management Infrastructure

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MODEL..Advantages

Fas

ter

Project

Exec

ution

Enhanced

companiesbrandimage

Motivate

s

employees

Fast

er

finan

cial

retur

ns

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Real World Examples..

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EXCELLENCE

MEASURE PERFORMANCE AT EVERY LEVEL

AND OUTPERFORM FOR EXCELLENCEIN FUTURE!!

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PERFORMANCE MEASUREMENT ATEVERY STAGE

IDENTIFIES EXECUTION GAPS

IMPLEMENT IMPROVEMENT INITIATIVES

ENSURES FASTER EXECUTION SUCCESSTODAY AND SETS LEVELS FOREXCELLENCE TOMORROW!!

.

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BALANCED SCORE CARD

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How??????

BSC aligns the

skills,energies&capabilitiesof people & processes

towards faster execution!!

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BALANCED SCORE CARD FLOW

MISSION AND STRATEGY

INTEGARATED EXECUTION

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INTEGARATED EXECUTIONEXCELLENCE MODEL(IEE

MODEL)FASTER PROJECT EXECUTIONMODEL FOR NTPC LIMITED

BSCFTPMxQ FOCUS

INTEGRATED

EXCELLENCE

EXECUTION

FASTERPROJECT

EXECUTION!!

IEEAPPROACH

PATH SUGGESTED FOR NTPC

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INTEGRATED

EXECUTION EXCELLENCE

RESULT

X POTENTIALNOT REACHED

X NOTCOMPETITIVE

ENOUGH

X SHORT TERMSUCCESS

ST TRACK PROJECT MODEL + BALANCED SCORECARDFASTER PROJEC

EXECUTION!!

A BALANCING ACT!!

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THANK

YOUIf you dont have the time to do it right, when will you have the time to do itover --John Wooden

ACKNOWLEDGEMENT:-ALL COLLEAGUES AT RIO BANGALORE

-SHRI A D SRIVASTAVA FOR BEING OUR MENTOR

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