Each company is different, has a variety of maturity levels and varying needs in terms of business processes. The modular approach is designed to offer you the most adequate solution to your problems and you chose what areas you want to focus on.
Obviously each process step is designed to be an integral part of a larger system and feeds off the deliverables from the previous step. If you already have individual processes then we don’t need to reinvent them or change them to suit this modular approach. We adapt the system to absorb your model.
This is better than simply creating a new process and asking your teams to deliver the data in a specific way and format so that it fits. This is not sustainable and only creates additional work with short term benefits.
By implementing this modular approach, we can ensure we not only have a higher success rate at each step of the system but:
- identify and capture spin -off ideas which can add future value and new product streams
- take benefit of synergies to capture knowledge and roll out ideas to other facilities
- Directly reduce low cost high frequency problems which burn cash.
These advantages can be seen when we look at the innovation process and the alignment we have with the modular approach.
Planning is covered by the first 4 steps. This increases the actual target EBITDA from 30 to 50% of the original idea generation.
Execution by the last 4 steps. Implication and innovation overlapping at stage 4 of the ATLAS system.
As each stage of the i8 process expands on the exiting assumptions, but collects information and insight, we improve the likelihood of achieving stretched financial targets and retain value for actions already implemented.
The 7 modules are explained in more detail in the following sections.