Dev Sharma Project Submission Change Management PDF
Dev Sharma Project Submission Change Management PDF
Dev Sharma Project Submission Change Management PDF
Project Submission
Part I
Opportunity –
Addressing durability and safety concerns.
Partnering Two Wheeler EV Startups.
Recycling of Lithium Batteries.
Expanding Z connect features.
Threat –
Supply chain connectivity.
Battery Prices.
Availability of suitable land for manufacturing plants.
Import tariffs.
Strength –
Pioneer in R&D
Focus on shared mobility
Strong sales and service network.
NEMO cloud-platform.
Weakness –
Heavy reliance on limited products.
Switching costs for direct substitutes is low.
Higher dependency on imports.
Poor acceptability of Lithium –batteries.
Opportunity –
Corporate tie up for last mile connectivity.
Venturing into public transport.
Commercially viable vehicles.
Using Meru to push EV.
Threat –
Supply chain connectivity.
Exchange rate fluctuation.
Batteries prices.
Availability of suitable land for manufacturing plants.
Part II
Going by the statement of N Chandrasekaran;
Question 3
Avoided Action Bias by emphasizing on planned approach for
employees.
Inclusive:
Transition to EV in tandem with Government and the industry
(including TATA-universe)
Believed that this is a necessary initiative for India.
Flexible:
Ready to form partnerships, develop mobility solutions and optimize
investments.
Providing incentives to stimulate demand and called for achieving
sustainability goals by implementing emission norms across the value
chain.
Preparation before the change:
Question 4
1. Establish a sense of urgency.
a) Change champions bring the urgency by ‘burning platform’
b) Open minded to staff
c) Supported by credible figures.
2. Form a guiding coalition.
a) Building team with power, leadership qualities, expertise and
credibility.
3. Develop a strategic vision and initiatives which:
a) Inclusive, logical, passionate and flexible.
b) Short and crisp description.
c) Positive meaning.
4. Convey the vision for a buy-in:
a) Communicating the change vision:
Authentic: Use of previous success stories.
Simple: Can be explained in five minutes or less.
Repetitive and Multichannel: Communicated often and by all modes.
Engaging: Employee involvement in the change process.
Consistent: Action and vision in sync.
After the short term project success for Mahindra and Mahindra
1. Sustain acceleration
Channelizing short term victories (Kaizen-technique)
Continuing to communicate the vision and delivering benefits.
2. Incorporate changes into the culture
Talking about progress every change you get.
Tell success stories about the change process.
Incorporating new norms and values when selecting and hiring new
talent, etc.