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Speaker A Uno sea se cargo the supra friend de la quinte ila quinte reconoso.
Speaker B Making hierarchies better able to serve social and psychological as well as economic needs.
Speaker A You Santa jack, sell your jacks. No fashion, no effective amende, no fashion.
Speaker C When you look at Elliott's functions in terms of let's look at work, let's look at the output of an organization, let's look at how does work get done inside that organization. You're looking at something that's withstood the test of time when it's first presented to you it's like this is a complete organizational structure management system.
Speaker D But the most important thing that Denning could ever say to anybody is.
Speaker A Buena practicas and organization regerida jocreo casune imbativle. You always are skeptical at the beginning you know better you're coming from Monsanto you have already ingrained how to manage and that was a change, that was a difficult part but it was an eye opener because it was a simple theory but very no nonsense. It was very practical in the approach.
Speaker E And there's something very safe making about knowing what your stratum capability is about knowing the type of organization, the type of structure you need.
Speaker A Accountability, coaching, mentoring los estratos el timespad misses la requisite.
Speaker C It helps when you're needing to downsize because of some financial constraints and challenges. It has helped a lot now in terms of growing the organization and I think that's where it's really showing now its power.
Speaker B Bonovino Jackson Argentina is on analysis isun diagnostic organizational ila primer you can through looking at an organization really free people up to live out that productivity in terms of the good of the overall organization and indeed in terms their own satisfaction that they feel that they're aligned with the objectives of the organization.
Speaker D If I can capture it in its essence from the outset and the words we use are people, are the business.
Speaker F Systems really drove the behavior of the organization. So we were always really conscious of how important our systems were and not to divide but to really bring together and to really make people feel felt that they've been treated fairly.
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Speaker B Need no longer look on irrational and antisocial behavior as an inevitable result of the makeup of all of us.
Speaker F When that trust came it really allowed the genius of all those people at the site to really come out.
Speaker D It also gave me enormous relief because I felt now there was a clear solution to the mess that had been there.
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Speaker G The general manager of that organization was having dinner one evening with the head of social services of the local community and the person said to him what have you done at the plant? Referrals from employees of the plant for domestic violence are down to virtually zero over the last six months. What happened?
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Speaker B That's what organization is about.
Speaker D We were like doubling the business in the first two years. It was just unbelievable. The profitability, everything was going right.
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Speaker H That the productivity is flat until about 84 or five when suddenly it starts to pick up when the principles are in and we're getting the managerial effectiveness. And you can see the steady increase. And that wasn't from more investment in the business. That was because everybody was starting to work together more effectively.
Speaker I Thinking about organizations, thinking about some of these aspects that I first came into contact with 20 years ago. 20 plus years ago. I think they've NetNet have improved the performance of the business.
Speaker D Interestingly, in the last 15 months since we've been implementing requisite principles and rebuilding our business processes. We've been the highest performing mining stock in the global universe of the mining industry.
Speaker H And so we believe that that sort of improvement is possible in every business on a sustained basis. That you can make five to 7% per annum systematic improvement as a result of handling the managerial effectiveness better.
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