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Asset Excellence: An Approach to Reinvent Yourself




                                                          AXELL
                                 Asset Excellence Model
                                 An Approach to Reinvent Self



                                                          Prof. Chinmoy Sarkar
                                                       www.linkedin.com/in/axell
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself




                                    WHY
                                 REINVENT?


AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself




                       Because it is a New World Order



         Industrial                New                              Sustainable
         Economic                              Core
                                 Economic                           Competitive
                                            Competencies
          Mindset                  Spirit                           Advantage




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             New World Order
             Characterized by:
              Global competition
              Rapid, rampant change
              Faster flow of information and communication
              Increasing business complexity
              Pervasive globalization
              More far-reaching technological advances
              Consumer preferences change fast



AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            The Reality
              People work with brains instead of hands, and “knowledge
               workers” are paid to think
              Technology creates global competition and an environment
               in which the company with most productive knowledge wins
              Innovation is more important than mass production.
              Investment buys ideas and concepts rather than machines
              Rapid change is the constant, and quick is quicker




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Value Creation Process
              Industrial Society         Knowledge society
               Adds value to object      Creates new knowledge
               From steel to car !       Data, info to Knowledge
               Machine-centric           Human brain in Networks
               Humans are cost           Humans are capital
               Machine-centered Mgmt.    Human-centered mgmt.
               Machine is central        Machine is at service




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Evolution
                           Agriculture Age (farmers)
                           Industrial Age (factory workers)
                           Information Age (knowledge workers)
                           Conceptual Age* (creators)
                                 * “Age of Creation Intensification” - Murakami Teruyasu




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Transformation
                                           Knowledge + Intangible Assets
             Energy + Industrial Assets
                                            Human + Intellectual Capital
              Machinery & equipment
                                            Innovation power / R&D
              Physical Infrastructure
                                            Brands and Relationships
              Inventory



                    Efficient Production        Intelligent Enterprise
                        Old Economy                New Economy


AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            “The Dawn of the Creative Age”
            “There’s a whole new class of workers ….core are the
            scientists, engineers, architects, designers, educators,
            artists, musicians and entertainers whose economic function
            is to create new ideas, new technology, or new content. Also
            included are the creative professions of business and
            finance, law, healthcare and related fields, in which
            knowledge workers engage in complex problem solving that
            involves a great deal of independent
            judgment….I call the Creative Age.”
            —“America’s Looming Creativity Crisis”/ Richard Florida


AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Preparation for Conceptual Age
              “What does this mean for you and me? How can we prepare
              for the conceptual age? …..L (left brain)-Directed Thinking
              remains necessary but no longer sufficient….we must
              become proficient in R (right brain)-Directed Thinking and
              master aptitudes that are ‘high concept’ & ‘high touch.’ ….
              answer is inadequate. What    exactly are we
              supposed to do?”
                                       —Dan Pink, A Whole New Mind




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Paradoxical Principles
               Be focused & flexible about what you want
               Be aware & wary of what you know
               Be realistic & optimistic about what you believe
               Be practical & magical about what you do


                   “You do not merely want to be the best of the best. You
                   want to be considered the only ones who           do what
                   you do.”— Jerry Garcia

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             A Few Lines

                  “If there is nothing very special about your
                  work, no matter how hard you apply yourself you
                  won’t get noticed, and that increasingly means you
                  won’t get paid much either.”

                                           - Michael Goldhaber




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             A New Era for Creativity
            “The past few decades have belonged to a certain kind of
            person with a certain kind of mind—computer programmers
            who could crank code, lawyers who could craft contracts,
            MBAs who could crunch numbers.
            But the keys to the kingdom are changing
            hands. The future belongs to a very different kind of person
            with a very different kind of mind—pattern recognizers and
            meaning makers. These people inventors, designers,
            storytellers, big picture thinkers—will now reap society’s
            richest rewards.”
                                         —Dan Pink, A Whole New Mind

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             AXELL Mind
              A Knowledgeable mind is psychologically free from the
              culture of past; it is also free from any form of belief in any
              structure or experience. The belief in industrial age has been
              created through a concept that relies on the power of capital.
              To professionals, the belief has been necessary to fight a
              constant battle of aspirations, achievements & awards.

              A knowledgeable mind creates a true economy
              in which this belief of self-interest is replaced
              by the sense of contribution and excellence.

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself

            What to do?
                    Give customers new and compelling reasons to spend
              
                    Re-invent processes (business and people)
              
                    Re-invent organization structures
              
                    Re-invent systems (business and people)
              
                    Build new growth platforms
              
                    Leverage core competencies (improve capabilities)
              
                    Balance of “New” innovation and optimization
              
                    Focus, experimentation and re-invention
              
                    Leadership (consistency of vision) & Passion
              
                    Evolution and Revolution
              
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Learn to Fly
                  Human is responsible for what he perceives,
                  observes, feels, and interprets in his path of acquiring
                  knowledge and journey on the green mountain. He
                  has the whole universe with him to conspire and to
                  see that his dream turns into reality. He has to only
                  take a first step to listen to the dictations of his heart
                  and decipher knowledge that all lay undiscovered. He
                  has to secure his wings and learn to fly.




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            AXELL - Asset Excellence Model



                                   Human Capital
                                          +
                                 Relationship Capital
       Asset Capital =
                                         +
                                  Structural Capital

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Components
              Human Capital                  Structural Capital
               Knowledge, competence,        Organizational process
               Skills, experience            Databases, software
               Training                      Manuals
               Networks                      Trademarks and patents
                                              Market intelligence
             Relational Capital
                                              Culture, leadership
              Customer relationships
                                              Saleable innovation
              Customer satisfaction
                                              Learning capacity
              Distribution relationships
                                              Leaseholds, Licenses
              Relationships with partners
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            The Space for Growth

                                                    Capabilities

                                         Mission
                        Purpose




                                                                                              Vision
                                                                                 Desired
                                                                                 Future
                          Core




                                                                                  Outcome
                                                                                   Sought
                         Engagement of
                           Resources


                                         Strategy




                                                                                               Goal
                                                    Resources

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Destination


                                                 You will go there




            You are here

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Two-Dimensional Challenge

                                                                                     B




                                 A

                                       Accomplishment
                                      (cope with hunger)
                            Food as
                            object



                                          Food

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Direction for Growth



                                                             You will go there




                                 Accomplishment
            You are here

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Space Perspective – Expansion

                                                                                          You
                                                                                          will go
                                                                                          there




  Expansion helps in developing
  capabilities towards value creation

  Rows cultivate value
                                    You are here
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Space Perspective – Accomplishment

                                                                                       You
                                                                                       will go
                                                                                       there




  Accomplishment assists in value
  delivery towards achieving goals

  Columns release value
                                 You are here
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Components




                                 Expansion


  There are 49 components
  each speaks a story of its
  own to help you reach                      Accomplishment
  your destination
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Space Representation




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Sparks – Growth Path




                                                                              7
                                                               6
                                              5
                                         4
                                     3
                                 2
                  1



AXELL – Asset Excellence Model
©          Asset Excellence: An Approach to Reinvent Yourself


            Definition of a SPARK
              S – You Seek                                           Component
              P – You are Promised
                                                                            A
              A – You Approve
                                                                       Key




                                                                S




                                                                                        R
              R – You Receive
                                                                           P
              Key to natural revelations


                            Capabilities              Strategy for expansion of resources
                 Strategy




                                                      Resources for accomplishment of strategy
                                           Goal




                                                      Capabilities for accomplishment of goal

                                                      Goal for expansion of potential
                            Resources

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                   Potential - Maturity Levels


                                                                     7
                                                 Spark7
                   Delivered by Customer
                                                                         6
                                                 Spark6
                   Deployed by Customer
                                                                             5
                                                 Spark5
                   Acquired by Customer                                          4
       Potential




                                                 Spark4
                   Delivered by Organization                                         3
                                                 Spark3
                   Deployed by Organization                                               2
                                                 Spark2
                   Acquired by Organization
                                                                                                  1
                                                 Spark1
                   Developing Self

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Human Excellence
              Human is an evolving ‘being’. Human in form and ‘being’ in
              formless. He focuses on continuous improvement, on
              identifying and surpassing thresholds for excellence. He has
              to keep pace with fast changing external and internal world, in
              integrating physical labor, mental abilities and machine and
              frequently encounter with stress and stress related problems
              He develops relationship with man, machine; He has to
              address Profitability, productivity, efficiency, effectiveness,
              quality, innovation and quality of work life.



AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Human Space
                    Limiting, restricting is a curse



                                                       Intelligent Human
                                                             7X7
                                 Natural Human
                                     4X4




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                      Human Excellence Representation

                                        About the human, the foundation of journey
            Delivered by Customer

            Deployed by Customer

            Acquired by Customer
Potential




            Delivered by Organization


            Deployed by Organization


            Acquired by Organization


            Developing Self




  AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Resource Excellence
              Resource excellence is about achieving a high
              level of performance for resources exceeding
              normal expectations or meeting what can be
              achieved in excess of the norm outperforming
              other similar resources



             Definition: a source of aid or support that may
             be drawn upon when needed



AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Leveraging Resources
                                               Financial Capital
                                               Plant
                                  Tangible
                                 Resources     Equipment
                                               Inventory
              Resources
                                               Brand
                                               Intellectual Property
                                 In-tangible
                                               Knowledge
                                 Resources
                                               Innovation
                                               Value Chain Position
                                               Core Competencies



AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Hierarchy of Resources

                                 Core competences

                                      Assets


                                   Competences

                                    Capabilities

                                       Skills

                                    Resources
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Transformation of Resource into Assets

                                                              Competitive implication
                                     Test


                           Does it allow to meet sustained Value by itself does not
  Valuable?                                                convey an advantage
                           competitive advantage
                                                            Valuable and rare resources
                            Is it scarce relative to
  Rare?                                                     are not permanent, the
                            demand? Or, is it widely
                                                            advantage is temporary
                            possessed by competitors?
  Inimitable
                                                            Valuable, rare, in-imitate or
                           How difficult is it for
                                                            non-substitute resources
                           competitors to either imitate
  Non-
                                                            provide the potential for SCA
                           or substitute with other
  Substitutable


AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                     Resource Excellence Representation

                                         About Identifying assets that help in the journey
             Delivered by Customer

             Deployed by Customer

             Acquired by Customer
 Potential




             Delivered by Organization


             Deployed by Organization


             Acquired by Organization


             Developing Self




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Process Excellence
              Process excellence is about achieving a high level
              of performance of processes exceeding normal
              expectations or meeting what can be achieved in
              excess of the norm outperforming other similar
              processes


                 Definition: subject to a treatment, with the aim
                 of readying for some purpose, improving, or
                 remedying a condition


AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                     Process Excellence Representation

                                         About identifying the paths for the assets
             Delivered by Customer

             Deployed by Customer

             Acquired by Customer
 Potential




             Delivered by Organization


             Deployed by Organization


             Acquired by Organization


             Developing Self




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Product/ Service Excellence
              Product excellence is about achieving a high level
              of performance of products exceeding normal
              expectations or meeting what can be achieved in
              excess of the norm outperforming other similar
              products


                    Define: an artifact that has been created by
                    someone or some process




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                     Product Excellence Representation

                                         About the artifacts we receive in the journey
             Delivered by Customer

             Deployed by Customer

             Acquired by Customer
 Potential




             Delivered by Organization


             Deployed by Organization


             Acquired by Organization


             Developing Self




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Limiting Human



                                                              You will not go there



                                      You come here



                             Natural Human



            You are here

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Limited Product/ Service




                                             SPARK 4


                                   SPARK 3



                         SPARK 2




         SPARK 1




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Next Levels of Journey


                                                                             New
                                                                             Product


                                                                       New Process

                                                                 New Asset


                                                           Product


                                                 Process


                                         Asset

                                 Human




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Competitive Advantage 1
              Customer advantage 1 is about achieving a high
              level of performance of customer assets exceeding
              normal expectations or meeting what can be
              achieved in excess of the norm outperforming
              other similar customer assets




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                     Competitive Advantage 1 Representation

                                         About influencing the customer assets
             Delivered by Customer

             Deployed by Customer

             Acquired by Customer
 Potential




             Delivered by Organization


             Deployed by Organization


             Acquired by Organization


             Developing Self




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Competitive Advantage 2
              Customer advantage 2 is about achieving a high
              level of performance of customer processes
              exceeding normal expectations or meeting what
              can be achieved in excess of the norm
              outperforming other similar customer processes




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                     Competitive Advantage 2 Representation

                                         About influencing the customer processes
             Delivered by Customer

             Deployed by Customer

             Acquired by Customer
 Potential




             Delivered by Organization


             Deployed by Organization


             Acquired by Organization


             Developing Self




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Competitive Advantage 3
              Customer advantage 3 is about achieving a high
              level of performance of customer products
              exceeding normal expectations or meeting what
              can be achieved in excess of the norm
              outperforming other similar customer products




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                     Competitive Advantage 3 Representation

                                         About influencing the customer products
             Delivered by Customer

             Deployed by Customer

             Acquired by Customer
 Potential




             Delivered by Organization


             Deployed by Organization


             Acquired by Organization


             Developing Self




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


                Sparks leading to Potential Building
                                                                             Potential 7
                                                               Potential 6
                                                 Potential 5
                                      Potential 4
                            Potential 3
                                                                                    Competitive Advantage 3
                  Potential 2                                                       Competitive Advantage 2
       Potential 1                                                                  Competitive Advantage 1
                                                                                    Product Excellence
                                                                                    Process Excellence
                                                                                    Asset Excellence
                                                                                    Human Excellence




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            AXELL – Strategic Perspective
                                                                                                                                     CA: Competitive Advantage

                                                                                                                                         Spark7




                                                                            Process Innovation


                                                                                                  Product Innovation
                                  Intellectual Human


                                                        Asset Innovation
                                                                                                                                Spark6



                                                                                                                       Spark5


                                                                                                 Spark4                   Customer Products
                                  Operational Human




                                                                           Spark3                                        Customer Processes


                                                                                                                          Customer Assets
                                                       Spark2


                                                       Organizational Human                                                Relational Human
                                 Spark1




AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Blocks - Available Weapons
                                                           3
                    1                   2                                                              5
                                                                                     4
                                 Operational Human
                                                      Organizational         Organizational
                                                       Knowledge                Service
                                                                                               Intelligent Human
             Thinking Human




                                                               12                        13
                                   7      8     9
                   6                                           11                                               14
           Relational Human
                                                                                                           Customer
                                                               10                  Customer
                                                                                                           Services
                                                                                   Knowledge
                                  Asset Innovation       Customer Asset
                                 Process Innovation    Customer Process
                                 Product Innovation    Customer Products
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


             Blocks Details
                 There are total 14 component blocks and 7 Spark Blocks;
                 Total Components: 140
             Comp.                 No. of      Comp.        No. of            Spark             No. of
            Block No.            Components   Block No.   Components        Block No.         Components

                   1                  3           8            6                S1                     1
                   2                  3           9            9                S2                     2
                   3                  7           10           9                S3                     3
                   4                  7           11          12                S4                     4
                   5                  3           12          12                S5                     5
                   6                  3           13          16                S6                     6
                   7                  6           14          16                S7                     7
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Steps Summary

                                                                   Total no. of
                                    Steps     Block No.
                                                                  Components


                          1 Pre-requisites        1,2                     6
                          2 Spark                 S1                      1
                          3 Pre-requisites        3,4                    14
                          4 Spark              S2,S2,S4                   9
                          5 Pre-requisites
                                             5,6,7,8,9,10,1              92
                                              1,12,13,14
                                               S5,S6,S7                  18
                          6 Spark



AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 1 – Create Block 1
                                                                                                                                                                 Spa
                                                                                                                                                                 rk7




                                                                                           Process Innovation




                                                                                                                 Product Innovation
                                                 Intellectual Human




                                                                       Asset Innovation
                                                                                                                                                   Spa
                                                                                                                                                   rk6




                                                                                                                                      Spa
                                                                                                                                      rk5




                                                                                                                Spa                         Customer Products
                                                                                                                rk4




                                                 Operational Human
                                                                                          Spa                                               Customer Processes
                                                                                          rk3




                                                                                                                                            Customer Assets
                                                                      Spa
                                                                      rk2




                                                                      Organizational Human                                                   Relational Human
                                                Spa
                                                rk1




          Thinking Human          Who uses his mind to consider
                                  something carefully
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 2 – Create Block 2
                                                                                                                                                                 Spa
                                                                                                                                                                 rk7




                                                                                           Process Innovation




                                                                                                                 Product Innovation
                                                 Intellectual Human




                                                                       Asset Innovation
                                                                                                                                                   Spa
                                                                                                                                                   rk6




                                                                                                                                      Spa
                                                                                                                                      rk5




                                                                                                                Spa                         Customer Products
                                                                                                                rk4




                                                 Operational Human
                                                                                          Spa                                               Customer Processes
                                                                                          rk3




                                                                                                                                            Customer Assets
                                                                      Spa
                                                                      rk2




                                                                      Organizational Human                                                   Relational Human
                                                Spa
                                                rk1




       Operational Human          Who adopts series of actions for
                                  achieving a result
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Spark S1
                                                                                                                                                                Spa
                                                                                                                                                                rk7




                                                                                          Process Innovation




                                                                                                                Product Innovation
                                                Intellectual Human




                                                                      Asset Innovation
                                                                                                                                                  Spa
                                                                                                                                                  rk6




                                                                                                                                     Spa
                                                                                                                                     rk5




                                                                                                               Spa                         Customer Products
                                                                                                               rk4




                                                Operational Human
                                                                                         Spa                                               Customer Processes
                                                                                         rk3




                                                                                                                                           Customer Assets
                                                                     Spa
                                                                     rk2




                                                                     Organizational Human                                                   Relational Human
                                               Spa
                                               rk1




               Potential 1       Develops self for the journey

AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 3 – Create Block 3
                                                                                                                                                                    Spa
                                                                                                                                                                    rk7




                                                                                              Process Innovation




                                                                                                                    Product Innovation
                                                    Intellectual Human




                                                                          Asset Innovation
                                                                                                                                                      Spa
                                                                                                                                                      rk6




                                                                                                                                         Spa
                                                                                                                                         rk5




                                                                                                                   Spa                         Customer Products
                                                                                                                   rk4




                                                    Operational Human
                                                                                             Spa                                               Customer Processes
                                                                                             rk3




                                                                                                                                               Customer Assets
                                                                         Spa
                                                                         rk2




                                                                         Organizational Human                                                   Relational Human
                                                   Spa
                                                   rk1




                                 Possesses expertise, and skills
            Organizational
                                 through experience; understanding
             Knowledge
                                 the value of the organization
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 4 – Create Block 4
                                                                                                                                                                    Spa
                                                                                                                                                                    rk7




                                                                                              Process Innovation




                                                                                                                    Product Innovation
                                                    Intellectual Human




                                                                          Asset Innovation
                                                                                                                                                      Spa
                                                                                                                                                      rk6




                                                                                                                                         Spa
                                                                                                                                         rk5




                                                                                                                   Spa                         Customer Products
                                                                                                                   rk4




                                                    Operational Human
                                                                                             Spa                                               Customer Processes
                                                                                             rk3




                                                                                                                                               Customer Assets
                                                                         Spa
                                                                         rk2




                                                                         Organizational Human                                                   Relational Human
                                                   Spa
                                                   rk1




            Organizational       Offers product or service to a market
               Service           that might satisfy a want or need
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Spark S2
                                                                                                                                                               Spa
                                                                                                                                                               rk7




                                                                                         Process Innovation




                                                                                                               Product Innovation
                                               Intellectual Human




                                                                     Asset Innovation
                                                                                                                                                 Spa
                                                                                                                                                 rk6




                                                                                                                                    Spa
                                                                                                                                    rk5




                                                                                                              Spa                         Customer Products
                                                                                                              rk4




                                               Operational Human
                                                                                        Spa                                               Customer Processes
                                                                                        rk3




                                                                                                                                          Customer Assets
                                                                    Spa
                                                                    rk2




                                                                    Organizational Human                                                   Relational Human
                                              Spa
                                              rk1




               Potential 2       Is acquired by the organization
                                 as a resource
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Spark S3
                                                                                                                                                                Spa
                                                                                                                                                                rk7




                                                                                          Process Innovation




                                                                                                                Product Innovation
                                                Intellectual Human




                                                                      Asset Innovation
                                                                                                                                                  Spa
                                                                                                                                                  rk6




                                                                                                                                     Spa
                                                                                                                                     rk5




                                                                                                               Spa                         Customer Products
                                                                                                               rk4




                                                Operational Human
                                                                                         Spa                                               Customer Processes
                                                                                         rk3




                                                                                                                                           Customer Assets
                                                                     Spa
                                                                     rk2




                                                                     Organizational Human                                                   Relational Human
                                               Spa
                                               rk1




                                 Is deployed by the
               Potential 3
                                 organization in process
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Spark S4
                                                                                                                                                                Spa
                                                                                                                                                                rk7




                                                                                          Process Innovation




                                                                                                                Product Innovation
                                                Intellectual Human




                                                                      Asset Innovation
                                                                                                                                                  Spa
                                                                                                                                                  rk6




                                                                                                                                     Spa
                                                                                                                                     rk5




                                                                                                               Spa                         Customer Products
                                                                                                               rk4




                                                Operational Human
                                                                                         Spa                                               Customer Processes
                                                                                         rk3




                                                                                                                                           Customer Assets
                                                                     Spa
                                                                     rk2




                                                                     Organizational Human                                                   Relational Human
                                               Spa
                                               rk1




               Potential 4       Is delivered to the customer in
                                 product or service
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 5 – Create Block 5
                                                                                                                                                                 Spa
                                                                                                                                                                 rk7




                                                                                           Process Innovation




                                                                                                                 Product Innovation
                                                 Intellectual Human




                                                                       Asset Innovation
                                                                                                                                                   Spa
                                                                                                                                                   rk6




                                                                                                                                      Spa
                                                                                                                                      rk5




                                                                                                                Spa                         Customer Products
                                                                                                                rk4




                                                 Operational Human
                                                                                          Spa                                               Customer Processes
                                                                                          rk3




                                                                                                                                            Customer Assets
                                                                      Spa
                                                                      rk2




                                                                      Organizational Human                                                   Relational Human
                                                Spa
                                                rk1




   Intelligent Human
Possesses mind with many related abilities
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 6 – Create Block 6
                                                                                                                                                                     Spa
                                                                                                                                                                     rk7




                                                                                               Process Innovation




                                                                                                                     Product Innovation
                                                     Intellectual Human




                                                                           Asset Innovation
                                                                                                                                                       Spa
                                                                                                                                                       rk6




                                                                                                                                          Spa
                                                                                                                                          rk5




                                                                                                                    Spa                         Customer Products
                                                                                                                    rk4




                                                     Operational Human
                                                                                              Spa                                               Customer Processes
                                                                                              rk3




                                                                                                                                                Customer Assets
                                                                          Spa
                                                                          rk2




                                                                          Organizational Human                                                   Relational Human
                                                    Spa
                                                    rk1




   Relational Human
Possesses ability to associate with others
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 7 – Create Block 7
                                                                                                                                                                Spa
                                                                                                                                                                rk7




                                                                                          Process Innovation




                                                                                                                Product Innovation
                                                Intellectual Human




                                                                      Asset Innovation
                                                                                                                                                  Spa
                                                                                                                                                  rk6




                                                                                                                                     Spa
                                                                                                                                     rk5




                                                                                                               Spa                         Customer Products
                                                                                                               rk4




                                                Operational Human
                                                                                         Spa                                               Customer Processes
                                                                                         rk3




                                                                                                                                           Customer Assets
                                                                     Spa
                                                                     rk2




                                                                     Organizational Human                                                   Relational Human
                                               Spa
                                               rk1




   Asset Innovation
Brings new assets to work environment
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 8 – Create Block 8
                                                                                                                                                               Spa
                                                                                                                                                               rk7




                                                                                         Process Innovation




                                                                                                               Product Innovation
                                               Intellectual Human




                                                                     Asset Innovation
                                                                                                                                                 Spa
                                                                                                                                                 rk6




                                                                                                                                    Spa
                                                                                                                                    rk5




                                                                                                              Spa                         Customer Products
                                                                                                              rk4




                                               Operational Human
                                                                                        Spa                                               Customer Processes
                                                                                        rk3




                                                                                                                                          Customer Assets
                                                                    Spa
                                                                    rk2




                                                                    Organizational Human                                                   Relational Human
                                              Spa
                                              rk1




    Customer Asset
Brings new understanding of customer assets
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 9 – Create Block 9
                                                                                                                                                               Spa
                                                                                                                                                               rk7




                                                                                         Process Innovation




                                                                                                               Product Innovation
                                               Intellectual Human




                                                                     Asset Innovation
                                                                                                                                                 Spa
                                                                                                                                                 rk6




                                                                                                                                    Spa
                                                                                                                                    rk5




                                                                                                              Spa                         Customer Products
                                                                                                              rk4




                                               Operational Human
                                                                                        Spa                                               Customer Processes
                                                                                        rk3




                                                                                                                                          Customer Assets
                                                                    Spa
                                                                    rk2




                                                                    Organizational Human                                                   Relational Human
                                              Spa
                                              rk1




 Process Innovation
Brings new processes to work environment
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 10 – Create Block 10
                                                                                                                                                                Spa
                                                                                                                                                                rk7




                                                                                          Process Innovation




                                                                                                                Product Innovation
                                                Intellectual Human




                                                                      Asset Innovation
                                                                                                                                                  Spa
                                                                                                                                                  rk6




                                                                                                                                     Spa
                                                                                                                                     rk5




                                                                                                               Spa                         Customer Products
                                                                                                               rk4




                                                Operational Human
                                                                                         Spa                                               Customer Processes
                                                                                         rk3




                                                                                                                                           Customer Assets
                                                                     Spa
                                                                     rk2




                                                                     Organizational Human                                                   Relational Human
                                               Spa
                                               rk1




  Customer Process
Brings new understanding of customer process
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 11 – Create Block 11
                                                                                                                                                                  Spa
                                                                                                                                                                  rk7




                                                                                            Process Innovation




                                                                                                                  Product Innovation
                                                  Intellectual Human




                                                                        Asset Innovation
                                                                                                                                                    Spa
                                                                                                                                                    rk6




                                                                                                                                       Spa
                                                                                                                                       rk5




                                                                                                                 Spa                         Customer Products
                                                                                                                 rk4




                                                  Operational Human
                                                                                           Spa                                               Customer Processes
                                                                                           rk3




                                                                                                                                             Customer Assets
                                                                       Spa
                                                                       rk2




                                                                       Organizational Human                                                   Relational Human
                                                 Spa
                                                 rk1




 Product Innovation
Brings new products to work environment
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 12 – Create Block 12
                                                                                                                                                                Spa
                                                                                                                                                                rk7




                                                                                          Process Innovation




                                                                                                                Product Innovation
                                                Intellectual Human




                                                                      Asset Innovation
                                                                                                                                                  Spa
                                                                                                                                                  rk6




                                                                                                                                     Spa
                                                                                                                                     rk5




                                                                                                               Spa                         Customer Products
                                                                                                               rk4




                                                Operational Human
                                                                                         Spa                                               Customer Processes
                                                                                         rk3




                                                                                                                                           Customer Assets
                                                                     Spa
                                                                     rk2




                                                                     Organizational Human                                                   Relational Human
                                               Spa
                                               rk1




  Customer Product
Brings new understanding of customer products
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 13 – Create Block 13
                                                                                                                                                                               Spa
                                                                                                                                                                               rk7




                                                                                                         Process Innovation




                                                                                                                               Product Innovation
                                                               Intellectual Human




                                                                                     Asset Innovation
                                                                                                                                                                 Spa
                                                                                                                                                                 rk6




                                                                                                                                                    Spa
                                                                                                                                                    rk5




                                                                                                                              Spa                         Customer Products
                                                                                                                              rk4




                                                               Operational Human
                                                                                                        Spa                                               Customer Processes
                                                                                                        rk3




                                                                                                                                                          Customer Assets
                                                                                    Spa
                                                                                    rk2




                                                                                    Organizational Human                                                   Relational Human
                                                              Spa
                                                              rk1




  Customer Knowledge
Creates new customer knowledge
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Step 14 – Create Block 14
                                                                                                                                                                               Spa
                                                                                                                                                                               rk7




                                                                                                         Process Innovation




                                                                                                                               Product Innovation
                                                               Intellectual Human




                                                                                     Asset Innovation
                                                                                                                                                                 Spa
                                                                                                                                                                 rk6




                                                                                                                                                    Spa
                                                                                                                                                    rk5




                                                                                                                              Spa                         Customer Products
                                                                                                                              rk4




                                                               Operational Human
                                                                                                        Spa                                               Customer Processes
                                                                                                        rk3




                                                                                                                                                          Customer Assets
                                                                                    Spa
                                                                                    rk2




                                                                                    Organizational Human                                                   Relational Human
                                                              Spa
                                                              rk1




     Customer Service
Develops new customer service
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Spark S5
                                                                                                                                                                             Spa
                                                                                                                                                                             rk7




                                                                                                       Process Innovation




                                                                                                                             Product Innovation
                                                             Intellectual Human




                                                                                   Asset Innovation
                                                                                                                                                               Spa
                                                                                                                                                               rk6




                                                                                                                                                  Spa
                                                                                                                                                  rk5




                                                                                                                            Spa                         Customer Products
                                                                                                                            rk4




                                                             Operational Human
                                                                                                      Spa                                               Customer Processes
                                                                                                      rk3




                                                                                                                                                        Customer Assets
                                                                                  Spa
                                                                                  rk2




                                                                                  Organizational Human                                                   Relational Human
                                                            Spa
                                                            rk1




            Potential 5
Is acquired by customer as an asset
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Spark S6
                                                                                                                                                                            Spa
                                                                                                                                                                            rk7




                                                                                                      Process Innovation




                                                                                                                            Product Innovation
                                                            Intellectual Human




                                                                                  Asset Innovation
                                                                                                                                                              Spa
                                                                                                                                                              rk6




                                                                                                                                                 Spa
                                                                                                                                                 rk5




                                                                                                                           Spa                         Customer Products
                                                                                                                           rk4




                                                            Operational Human
                                                                                                     Spa                                               Customer Processes
                                                                                                     rk3




                                                                                                                                                       Customer Assets
                                                                                 Spa
                                                                                 rk2




                                                                                 Organizational Human                                                   Relational Human
                                                           Spa
                                                           rk1




            Potential 6
Is deployed by customer in process
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself


            Spark S7
                                                                                                                                                                                  Spa
                                                                                                                                                                                  rk7




                                                                                                            Process Innovation




                                                                                                                                  Product Innovation
                                                                  Intellectual Human




                                                                                        Asset Innovation
                                                                                                                                                                    Spa
                                                                                                                                                                    rk6




                                                                                                                                                       Spa
                                                                                                                                                       rk5




                                                                                                                                 Spa                         Customer Products
                                                                                                                                 rk4




                                                                  Operational Human
                                                                                                           Spa                                               Customer Processes
                                                                                                           rk3




                                                                                                                                                             Customer Assets
                                                                                       Spa
                                                                                       rk2




                                                                                       Organizational Human                                                   Relational Human
                                                                 Spa
                                                                 rk1




            Potential 7
Is delivered by the customer in product/ service
AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself




                 “There is no disgrace in not being able to
                 reach for the stars, but it is indeed
                 disgraceful having no start to reach for”

                                  - Dr. A P J Abdul Kalam



AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself




                          Part 1: http://www.slideshare.net/chinsar/axell2009-part1
                          Part 2: http://www.slideshare.net/chinsar/axell2009-part2
                          Part 3: http://www.slideshare.net/chinsar/axell2009-part3
                          AXELL 3D: http://www.slideshare.net/chinsar/axell-3D




                         My Website: www.assetexcellence.com
                         My Network: www.linkedin.com/in/AXELL
                         Email: chinmoy.sarkar@yahoo.com



AXELL – Asset Excellence Model
Asset Excellence: An Approach to Reinvent Yourself




                                 Thank You
                                        For any clarifications, write to:
                                               axellmodel@gmail.com
AXELL – Asset Excellence Model

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Axell 3 D

  • 1. Asset Excellence: An Approach to Reinvent Yourself AXELL Asset Excellence Model An Approach to Reinvent Self Prof. Chinmoy Sarkar www.linkedin.com/in/axell AXELL – Asset Excellence Model
  • 2. Asset Excellence: An Approach to Reinvent Yourself WHY REINVENT? AXELL – Asset Excellence Model
  • 3. Asset Excellence: An Approach to Reinvent Yourself Because it is a New World Order Industrial New Sustainable Economic Core Economic Competitive Competencies Mindset Spirit Advantage AXELL – Asset Excellence Model
  • 4. Asset Excellence: An Approach to Reinvent Yourself New World Order Characterized by:  Global competition  Rapid, rampant change  Faster flow of information and communication  Increasing business complexity  Pervasive globalization  More far-reaching technological advances  Consumer preferences change fast AXELL – Asset Excellence Model
  • 5. Asset Excellence: An Approach to Reinvent Yourself The Reality  People work with brains instead of hands, and “knowledge workers” are paid to think  Technology creates global competition and an environment in which the company with most productive knowledge wins  Innovation is more important than mass production.  Investment buys ideas and concepts rather than machines  Rapid change is the constant, and quick is quicker AXELL – Asset Excellence Model
  • 6. Asset Excellence: An Approach to Reinvent Yourself Value Creation Process Industrial Society Knowledge society  Adds value to object  Creates new knowledge  From steel to car !  Data, info to Knowledge  Machine-centric  Human brain in Networks  Humans are cost  Humans are capital  Machine-centered Mgmt.  Human-centered mgmt.  Machine is central  Machine is at service AXELL – Asset Excellence Model
  • 7. Asset Excellence: An Approach to Reinvent Yourself Evolution  Agriculture Age (farmers)  Industrial Age (factory workers)  Information Age (knowledge workers)  Conceptual Age* (creators) * “Age of Creation Intensification” - Murakami Teruyasu AXELL – Asset Excellence Model
  • 8. Asset Excellence: An Approach to Reinvent Yourself Transformation Knowledge + Intangible Assets Energy + Industrial Assets  Human + Intellectual Capital  Machinery & equipment  Innovation power / R&D  Physical Infrastructure  Brands and Relationships  Inventory Efficient Production Intelligent Enterprise Old Economy New Economy AXELL – Asset Excellence Model
  • 9. Asset Excellence: An Approach to Reinvent Yourself “The Dawn of the Creative Age” “There’s a whole new class of workers ….core are the scientists, engineers, architects, designers, educators, artists, musicians and entertainers whose economic function is to create new ideas, new technology, or new content. Also included are the creative professions of business and finance, law, healthcare and related fields, in which knowledge workers engage in complex problem solving that involves a great deal of independent judgment….I call the Creative Age.” —“America’s Looming Creativity Crisis”/ Richard Florida AXELL – Asset Excellence Model
  • 10. Asset Excellence: An Approach to Reinvent Yourself Preparation for Conceptual Age “What does this mean for you and me? How can we prepare for the conceptual age? …..L (left brain)-Directed Thinking remains necessary but no longer sufficient….we must become proficient in R (right brain)-Directed Thinking and master aptitudes that are ‘high concept’ & ‘high touch.’ …. answer is inadequate. What exactly are we supposed to do?” —Dan Pink, A Whole New Mind AXELL – Asset Excellence Model
  • 11. Asset Excellence: An Approach to Reinvent Yourself Paradoxical Principles  Be focused & flexible about what you want  Be aware & wary of what you know  Be realistic & optimistic about what you believe  Be practical & magical about what you do “You do not merely want to be the best of the best. You want to be considered the only ones who do what you do.”— Jerry Garcia AXELL – Asset Excellence Model
  • 12. Asset Excellence: An Approach to Reinvent Yourself A Few Lines “If there is nothing very special about your work, no matter how hard you apply yourself you won’t get noticed, and that increasingly means you won’t get paid much either.” - Michael Goldhaber AXELL – Asset Excellence Model
  • 13. Asset Excellence: An Approach to Reinvent Yourself A New Era for Creativity “The past few decades have belonged to a certain kind of person with a certain kind of mind—computer programmers who could crank code, lawyers who could craft contracts, MBAs who could crunch numbers. But the keys to the kingdom are changing hands. The future belongs to a very different kind of person with a very different kind of mind—pattern recognizers and meaning makers. These people inventors, designers, storytellers, big picture thinkers—will now reap society’s richest rewards.” —Dan Pink, A Whole New Mind AXELL – Asset Excellence Model
  • 14. Asset Excellence: An Approach to Reinvent Yourself AXELL Mind A Knowledgeable mind is psychologically free from the culture of past; it is also free from any form of belief in any structure or experience. The belief in industrial age has been created through a concept that relies on the power of capital. To professionals, the belief has been necessary to fight a constant battle of aspirations, achievements & awards. A knowledgeable mind creates a true economy in which this belief of self-interest is replaced by the sense of contribution and excellence. AXELL – Asset Excellence Model
  • 15. Asset Excellence: An Approach to Reinvent Yourself What to do? Give customers new and compelling reasons to spend  Re-invent processes (business and people)  Re-invent organization structures  Re-invent systems (business and people)  Build new growth platforms  Leverage core competencies (improve capabilities)  Balance of “New” innovation and optimization  Focus, experimentation and re-invention  Leadership (consistency of vision) & Passion  Evolution and Revolution  AXELL – Asset Excellence Model
  • 16. Asset Excellence: An Approach to Reinvent Yourself Learn to Fly Human is responsible for what he perceives, observes, feels, and interprets in his path of acquiring knowledge and journey on the green mountain. He has the whole universe with him to conspire and to see that his dream turns into reality. He has to only take a first step to listen to the dictations of his heart and decipher knowledge that all lay undiscovered. He has to secure his wings and learn to fly. AXELL – Asset Excellence Model
  • 17. Asset Excellence: An Approach to Reinvent Yourself AXELL - Asset Excellence Model Human Capital + Relationship Capital Asset Capital = + Structural Capital AXELL – Asset Excellence Model
  • 18. Asset Excellence: An Approach to Reinvent Yourself Components Human Capital Structural Capital  Knowledge, competence,  Organizational process  Skills, experience  Databases, software  Training  Manuals  Networks  Trademarks and patents  Market intelligence Relational Capital  Culture, leadership  Customer relationships  Saleable innovation  Customer satisfaction  Learning capacity  Distribution relationships  Leaseholds, Licenses  Relationships with partners AXELL – Asset Excellence Model
  • 19. Asset Excellence: An Approach to Reinvent Yourself The Space for Growth Capabilities Mission Purpose Vision Desired Future Core Outcome Sought Engagement of Resources Strategy Goal Resources AXELL – Asset Excellence Model
  • 20. Asset Excellence: An Approach to Reinvent Yourself Destination You will go there You are here AXELL – Asset Excellence Model
  • 21. Asset Excellence: An Approach to Reinvent Yourself Two-Dimensional Challenge B A Accomplishment (cope with hunger) Food as object Food AXELL – Asset Excellence Model
  • 22. Asset Excellence: An Approach to Reinvent Yourself Direction for Growth You will go there Accomplishment You are here AXELL – Asset Excellence Model
  • 23. Asset Excellence: An Approach to Reinvent Yourself Space Perspective – Expansion You will go there Expansion helps in developing capabilities towards value creation Rows cultivate value You are here AXELL – Asset Excellence Model
  • 24. Asset Excellence: An Approach to Reinvent Yourself Space Perspective – Accomplishment You will go there Accomplishment assists in value delivery towards achieving goals Columns release value You are here AXELL – Asset Excellence Model
  • 25. Asset Excellence: An Approach to Reinvent Yourself Components Expansion There are 49 components each speaks a story of its own to help you reach Accomplishment your destination AXELL – Asset Excellence Model
  • 26. Asset Excellence: An Approach to Reinvent Yourself Space Representation AXELL – Asset Excellence Model
  • 27. Asset Excellence: An Approach to Reinvent Yourself Sparks – Growth Path 7 6 5 4 3 2 1 AXELL – Asset Excellence Model
  • 28. © Asset Excellence: An Approach to Reinvent Yourself Definition of a SPARK S – You Seek Component P – You are Promised A A – You Approve Key S R R – You Receive P Key to natural revelations Capabilities Strategy for expansion of resources Strategy Resources for accomplishment of strategy Goal Capabilities for accomplishment of goal Goal for expansion of potential Resources AXELL – Asset Excellence Model
  • 29. Asset Excellence: An Approach to Reinvent Yourself Potential - Maturity Levels 7 Spark7 Delivered by Customer 6 Spark6 Deployed by Customer 5 Spark5 Acquired by Customer 4 Potential Spark4 Delivered by Organization 3 Spark3 Deployed by Organization 2 Spark2 Acquired by Organization 1 Spark1 Developing Self AXELL – Asset Excellence Model
  • 30. Asset Excellence: An Approach to Reinvent Yourself Human Excellence Human is an evolving ‘being’. Human in form and ‘being’ in formless. He focuses on continuous improvement, on identifying and surpassing thresholds for excellence. He has to keep pace with fast changing external and internal world, in integrating physical labor, mental abilities and machine and frequently encounter with stress and stress related problems He develops relationship with man, machine; He has to address Profitability, productivity, efficiency, effectiveness, quality, innovation and quality of work life. AXELL – Asset Excellence Model
  • 31. Asset Excellence: An Approach to Reinvent Yourself Human Space Limiting, restricting is a curse Intelligent Human 7X7 Natural Human 4X4 AXELL – Asset Excellence Model
  • 32. Asset Excellence: An Approach to Reinvent Yourself Human Excellence Representation About the human, the foundation of journey Delivered by Customer Deployed by Customer Acquired by Customer Potential Delivered by Organization Deployed by Organization Acquired by Organization Developing Self AXELL – Asset Excellence Model
  • 33. Asset Excellence: An Approach to Reinvent Yourself Resource Excellence Resource excellence is about achieving a high level of performance for resources exceeding normal expectations or meeting what can be achieved in excess of the norm outperforming other similar resources Definition: a source of aid or support that may be drawn upon when needed AXELL – Asset Excellence Model
  • 34. Asset Excellence: An Approach to Reinvent Yourself Leveraging Resources Financial Capital Plant Tangible Resources Equipment Inventory Resources Brand Intellectual Property In-tangible Knowledge Resources Innovation Value Chain Position Core Competencies AXELL – Asset Excellence Model
  • 35. Asset Excellence: An Approach to Reinvent Yourself Hierarchy of Resources Core competences Assets Competences Capabilities Skills Resources AXELL – Asset Excellence Model
  • 36. Asset Excellence: An Approach to Reinvent Yourself Transformation of Resource into Assets Competitive implication Test Does it allow to meet sustained Value by itself does not Valuable? convey an advantage competitive advantage Valuable and rare resources Is it scarce relative to Rare? are not permanent, the demand? Or, is it widely advantage is temporary possessed by competitors? Inimitable Valuable, rare, in-imitate or How difficult is it for non-substitute resources competitors to either imitate Non- provide the potential for SCA or substitute with other Substitutable AXELL – Asset Excellence Model
  • 37. Asset Excellence: An Approach to Reinvent Yourself Resource Excellence Representation About Identifying assets that help in the journey Delivered by Customer Deployed by Customer Acquired by Customer Potential Delivered by Organization Deployed by Organization Acquired by Organization Developing Self AXELL – Asset Excellence Model
  • 38. Asset Excellence: An Approach to Reinvent Yourself Process Excellence Process excellence is about achieving a high level of performance of processes exceeding normal expectations or meeting what can be achieved in excess of the norm outperforming other similar processes Definition: subject to a treatment, with the aim of readying for some purpose, improving, or remedying a condition AXELL – Asset Excellence Model
  • 39. Asset Excellence: An Approach to Reinvent Yourself Process Excellence Representation About identifying the paths for the assets Delivered by Customer Deployed by Customer Acquired by Customer Potential Delivered by Organization Deployed by Organization Acquired by Organization Developing Self AXELL – Asset Excellence Model
  • 40. Asset Excellence: An Approach to Reinvent Yourself Product/ Service Excellence Product excellence is about achieving a high level of performance of products exceeding normal expectations or meeting what can be achieved in excess of the norm outperforming other similar products Define: an artifact that has been created by someone or some process AXELL – Asset Excellence Model
  • 41. Asset Excellence: An Approach to Reinvent Yourself Product Excellence Representation About the artifacts we receive in the journey Delivered by Customer Deployed by Customer Acquired by Customer Potential Delivered by Organization Deployed by Organization Acquired by Organization Developing Self AXELL – Asset Excellence Model
  • 42. Asset Excellence: An Approach to Reinvent Yourself Limiting Human You will not go there You come here Natural Human You are here AXELL – Asset Excellence Model
  • 43. Asset Excellence: An Approach to Reinvent Yourself Limited Product/ Service SPARK 4 SPARK 3 SPARK 2 SPARK 1 AXELL – Asset Excellence Model
  • 44. Asset Excellence: An Approach to Reinvent Yourself Next Levels of Journey New Product New Process New Asset Product Process Asset Human AXELL – Asset Excellence Model
  • 45. Asset Excellence: An Approach to Reinvent Yourself Competitive Advantage 1 Customer advantage 1 is about achieving a high level of performance of customer assets exceeding normal expectations or meeting what can be achieved in excess of the norm outperforming other similar customer assets AXELL – Asset Excellence Model
  • 46. Asset Excellence: An Approach to Reinvent Yourself Competitive Advantage 1 Representation About influencing the customer assets Delivered by Customer Deployed by Customer Acquired by Customer Potential Delivered by Organization Deployed by Organization Acquired by Organization Developing Self AXELL – Asset Excellence Model
  • 47. Asset Excellence: An Approach to Reinvent Yourself Competitive Advantage 2 Customer advantage 2 is about achieving a high level of performance of customer processes exceeding normal expectations or meeting what can be achieved in excess of the norm outperforming other similar customer processes AXELL – Asset Excellence Model
  • 48. Asset Excellence: An Approach to Reinvent Yourself Competitive Advantage 2 Representation About influencing the customer processes Delivered by Customer Deployed by Customer Acquired by Customer Potential Delivered by Organization Deployed by Organization Acquired by Organization Developing Self AXELL – Asset Excellence Model
  • 49. Asset Excellence: An Approach to Reinvent Yourself Competitive Advantage 3 Customer advantage 3 is about achieving a high level of performance of customer products exceeding normal expectations or meeting what can be achieved in excess of the norm outperforming other similar customer products AXELL – Asset Excellence Model
  • 50. Asset Excellence: An Approach to Reinvent Yourself Competitive Advantage 3 Representation About influencing the customer products Delivered by Customer Deployed by Customer Acquired by Customer Potential Delivered by Organization Deployed by Organization Acquired by Organization Developing Self AXELL – Asset Excellence Model
  • 51. Asset Excellence: An Approach to Reinvent Yourself Sparks leading to Potential Building Potential 7 Potential 6 Potential 5 Potential 4 Potential 3 Competitive Advantage 3 Potential 2 Competitive Advantage 2 Potential 1 Competitive Advantage 1 Product Excellence Process Excellence Asset Excellence Human Excellence AXELL – Asset Excellence Model
  • 52. Asset Excellence: An Approach to Reinvent Yourself AXELL – Strategic Perspective CA: Competitive Advantage Spark7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spark6 Spark5 Spark4 Customer Products Operational Human Spark3 Customer Processes Customer Assets Spark2 Organizational Human Relational Human Spark1 AXELL – Asset Excellence Model
  • 53. Asset Excellence: An Approach to Reinvent Yourself Blocks - Available Weapons 3 1 2 5 4 Operational Human Organizational Organizational Knowledge Service Intelligent Human Thinking Human 12 13 7 8 9 6 11 14 Relational Human Customer 10 Customer Services Knowledge Asset Innovation Customer Asset Process Innovation Customer Process Product Innovation Customer Products AXELL – Asset Excellence Model
  • 54. Asset Excellence: An Approach to Reinvent Yourself Blocks Details There are total 14 component blocks and 7 Spark Blocks; Total Components: 140 Comp. No. of Comp. No. of Spark No. of Block No. Components Block No. Components Block No. Components 1 3 8 6 S1 1 2 3 9 9 S2 2 3 7 10 9 S3 3 4 7 11 12 S4 4 5 3 12 12 S5 5 6 3 13 16 S6 6 7 6 14 16 S7 7 AXELL – Asset Excellence Model
  • 55. Asset Excellence: An Approach to Reinvent Yourself Steps Summary Total no. of Steps Block No. Components 1 Pre-requisites 1,2 6 2 Spark S1 1 3 Pre-requisites 3,4 14 4 Spark S2,S2,S4 9 5 Pre-requisites 5,6,7,8,9,10,1 92 1,12,13,14 S5,S6,S7 18 6 Spark AXELL – Asset Excellence Model
  • 56. Asset Excellence: An Approach to Reinvent Yourself Step 1 – Create Block 1 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Thinking Human Who uses his mind to consider something carefully AXELL – Asset Excellence Model
  • 57. Asset Excellence: An Approach to Reinvent Yourself Step 2 – Create Block 2 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Operational Human Who adopts series of actions for achieving a result AXELL – Asset Excellence Model
  • 58. Asset Excellence: An Approach to Reinvent Yourself Spark S1 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Potential 1 Develops self for the journey AXELL – Asset Excellence Model
  • 59. Asset Excellence: An Approach to Reinvent Yourself Step 3 – Create Block 3 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Possesses expertise, and skills Organizational through experience; understanding Knowledge the value of the organization AXELL – Asset Excellence Model
  • 60. Asset Excellence: An Approach to Reinvent Yourself Step 4 – Create Block 4 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Organizational Offers product or service to a market Service that might satisfy a want or need AXELL – Asset Excellence Model
  • 61. Asset Excellence: An Approach to Reinvent Yourself Spark S2 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Potential 2 Is acquired by the organization as a resource AXELL – Asset Excellence Model
  • 62. Asset Excellence: An Approach to Reinvent Yourself Spark S3 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Is deployed by the Potential 3 organization in process AXELL – Asset Excellence Model
  • 63. Asset Excellence: An Approach to Reinvent Yourself Spark S4 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Potential 4 Is delivered to the customer in product or service AXELL – Asset Excellence Model
  • 64. Asset Excellence: An Approach to Reinvent Yourself Step 5 – Create Block 5 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Intelligent Human Possesses mind with many related abilities AXELL – Asset Excellence Model
  • 65. Asset Excellence: An Approach to Reinvent Yourself Step 6 – Create Block 6 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Relational Human Possesses ability to associate with others AXELL – Asset Excellence Model
  • 66. Asset Excellence: An Approach to Reinvent Yourself Step 7 – Create Block 7 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Asset Innovation Brings new assets to work environment AXELL – Asset Excellence Model
  • 67. Asset Excellence: An Approach to Reinvent Yourself Step 8 – Create Block 8 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Customer Asset Brings new understanding of customer assets AXELL – Asset Excellence Model
  • 68. Asset Excellence: An Approach to Reinvent Yourself Step 9 – Create Block 9 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Process Innovation Brings new processes to work environment AXELL – Asset Excellence Model
  • 69. Asset Excellence: An Approach to Reinvent Yourself Step 10 – Create Block 10 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Customer Process Brings new understanding of customer process AXELL – Asset Excellence Model
  • 70. Asset Excellence: An Approach to Reinvent Yourself Step 11 – Create Block 11 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Product Innovation Brings new products to work environment AXELL – Asset Excellence Model
  • 71. Asset Excellence: An Approach to Reinvent Yourself Step 12 – Create Block 12 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Customer Product Brings new understanding of customer products AXELL – Asset Excellence Model
  • 72. Asset Excellence: An Approach to Reinvent Yourself Step 13 – Create Block 13 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Customer Knowledge Creates new customer knowledge AXELL – Asset Excellence Model
  • 73. Asset Excellence: An Approach to Reinvent Yourself Step 14 – Create Block 14 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Customer Service Develops new customer service AXELL – Asset Excellence Model
  • 74. Asset Excellence: An Approach to Reinvent Yourself Spark S5 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Potential 5 Is acquired by customer as an asset AXELL – Asset Excellence Model
  • 75. Asset Excellence: An Approach to Reinvent Yourself Spark S6 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Potential 6 Is deployed by customer in process AXELL – Asset Excellence Model
  • 76. Asset Excellence: An Approach to Reinvent Yourself Spark S7 Spa rk7 Process Innovation Product Innovation Intellectual Human Asset Innovation Spa rk6 Spa rk5 Spa Customer Products rk4 Operational Human Spa Customer Processes rk3 Customer Assets Spa rk2 Organizational Human Relational Human Spa rk1 Potential 7 Is delivered by the customer in product/ service AXELL – Asset Excellence Model
  • 77. Asset Excellence: An Approach to Reinvent Yourself “There is no disgrace in not being able to reach for the stars, but it is indeed disgraceful having no start to reach for” - Dr. A P J Abdul Kalam AXELL – Asset Excellence Model
  • 78. Asset Excellence: An Approach to Reinvent Yourself Part 1: http://www.slideshare.net/chinsar/axell2009-part1 Part 2: http://www.slideshare.net/chinsar/axell2009-part2 Part 3: http://www.slideshare.net/chinsar/axell2009-part3 AXELL 3D: http://www.slideshare.net/chinsar/axell-3D My Website: www.assetexcellence.com My Network: www.linkedin.com/in/AXELL Email: chinmoy.sarkar@yahoo.com AXELL – Asset Excellence Model
  • 79. Asset Excellence: An Approach to Reinvent Yourself Thank You For any clarifications, write to: axellmodel@gmail.com AXELL – Asset Excellence Model