1) Identify and describe in detail one ‘Australian-based’ organisations that successfully managed to grow by 300% over a 5-year period and succeeded by taking a risk and changing.
these company have already been chosen
so cannot choose them
Bradken Limited
Adenvirotech
Caltex
VSL
UGL
Nokia
santos
following is the template
1.0 INTRODUCTION: “COMPANY NAME”
Write about the history of the company and about its main business area.
2.0 HUMAN ELEMENT
2.1 Influence on Success/Failure
How important was the human element to the success/failure? Did this lead to success/failure? For
the organisations that failed could this have been handled in a manner that averted failure?
2.2 Key Human Elements
A comparison table listing the key human elements for each pair of organisations that led to
success
…this will require the success company pair. Please complete half of the table, which
relates to your company – make a list of the key human elements.
3.0 KPI’S
Did the organisations benchmark KPIs so that they could measure the magnitude of their change?
What were the important KPIs? Why were they important? Did inappropriate KPIs led to
success?
4.0 DISRUPTIVE TECHNOLOGY
How important was the use of disruptive technology to the success of the organisation?
5.0 RISK MANAGEMENT
5.1 Company approach to risk management
Did the organisations have a formal risk management process? Did this allow them to prepare for
the unexpected?
5.2 FMEA
Quantify 10 major risks for each organisation using an FMEA analysis and include an FMEA table
within the Appendix of your Report.
5.3 ToR
Quantify the tolerability of risk (ToR) for each organisation and include a ToR table within the
Appendix of your Report.
5.4 Causal Chain
Detail the causal chain that led to the success of each organisation (ie show causality from
the root cause(s) to the success event) and provide a causal diagram for each organisation in
an Appendix to your Report.
6.0 CHANGE MANAGEMENT
Did the organisations start the change process at the top and involve every layer of the
organisations? Did this have a bearing on the success of the organisations?
Did the organisations articulate why the change was necessary and instil a sense of ownership and
urgency throughout the organisations? Did this have a bearing on success of the
organisations?
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