Best Practice Transfer Models: Overview and Financial Impact PPT
This PPT slide, part of the 30-slide Best Practices Transfer Program PowerPoint presentation, outlines 4 distinct models for transferring best practices from a source unit to a receiver unit. Each model is categorized and described in terms of its structure, financial implications, and potential applicability.
The first model, "Simple Pair," involves a straightforward transfer from one source to a single receiver. This model is characterized by incremental improvements, with financial implications suggesting a return of up to 4 times the investment. Its applicability is primarily in scenarios like specific practices or processes.
The second model, "Simple with Network," expands the transfer capability from one source to multiple receivers. This model can yield benefits proportional to the source's level, typically around 4 to one. It is suitable for multi-plant or site locations and post-merger integrations, indicating a broader application than the Simple Pair model.
The "Simple Clusters" model allows multiple source units to collaborate in transferring best practices to several receivers. The financial implications here are often higher, with returns ranging from 6 to eight times. Similar to the previous models, it finds relevance in multi-site operations and post-merger integrations.
Finally, the "Composite" model combines elements from both sources and receivers to achieve significant change improvements. This model can deliver returns as high as ten to one, making it particularly valuable for organizations aiming to close performance gaps and drive substantial business improvements.
Overall, the slide provides a structured overview of how different transfer models can be leveraged for operational enhancements, emphasizing their financial benefits and practical applications in various business contexts. Understanding these models can aid in making informed decisions about best practice transfers.
This slide is part of the Best Practices Transfer Program PowerPoint presentation.
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