Agile Manifesto in Operational Improvement Projects
Traditionally Agile approach (and its components, such as Scrum, Extreme Programming (XP)) are associated with software development projects. Management Consulting projects typically follow a more traditional Waterfall methodology, based on PMBOK® guidelines. However, our clients today are operating in a more dynamic environment, that requires a higher degree of flexibility in delivering projects. Here are some elements of the Agile Manifesto that we, at Trindent, are using in our operational improvement engagements.
- Satisfy Customers Through Early & Continuous Delivery: One of the key focuses of our engagements is in identifying and delivering “quick wins” early in the engagement. This helps to motivate teams, build early buy-in from stakeholders, and start delivering value to the customer.
- Deliver Value Frequently: This becomes especially noticeable when we develop and install Management Operating system elements, like dashboards, performance trackers, etc. Trindent consultants work closely with client team members to deliver system tools on weekly basis through multiple iterations. This allows clients to test the tool, provide feedback, modify requirements or needed functionality. The result is a system tool that fully satisfies client needs, and the client takes ownership early in the process.
- Break the Silos of Your Project: All Trindent engagements span across multiple departments in the client organization. It becomes vitally important for the success of engagement for all these departments and stakeholders to work in a coherent and synchronized way, focusing on aligned goals
- Regularly Reflect and Adjust Your Way of Work to Boost Effectiveness: One of the key project governance elements of Trindent engagements is the weekly Engagement Status Report meeting. This highly structured event brings together all engagement participants to review engagement progress, schedule, and develop corrective actions as required.
These are just a few of the Agile Manifesto elements that we use on our engagements, that allow achieving planned results while maintaining a high degree of flexibility and adapting to changing business environments.
The author of this blog, Anas Dabbakh is a Senior Consultant at Trindent.
Tips on Working Abroad
By Adrian Travis
In management consulting, there’s no deeper end of the pool than an international consulting assignment. At Trindent, we call this a complex business challenge, because of the various cultural nuances, language barrier, not to mention jet-lag and isolation it causes staff while on assignment. However, for the right person, and the right client, it can both be a valuable driver of business performance for a client. Working abroad can benefit a client that doesn’t normally have access to excellent consulting talent in their particular city or country and it will also be a gratifying learning experience for a consultant to explore new frontiers in business, and their personal lives.
As a consultant, I’ve had the pleasure to work for long periods of time in places like Tokyo, Hong Kong and Munich. It was a tremendously gratifying experience and I felt that I grew as both a consultant and a human being.
Opportunities Abroad
Asia Pacific is well-known to have a rather immature management consulting talent pool. Even the biggest and strongest management consulting firms have rather spotty track records in developing markets, particularly those in markets where educational systems minimize free-thinking and criticism of ideas. As businesses grow and the demand for consulting talents in Asia become necessary, management consultants will grow. For now, this market is still a frontier market for consulting services.
Working Abroad
The number one complaint from clients looking to perform a project in Asia is international travel expenses, followed closely by local linguistic expertise. The common questions that I ask international client executives are:
“Would you mind the additional travel expense to have an expert on your team?”
“Would you like the problem solved with the strongest possible team, or would you like us to trade that off for local language proficiency?”
Sometimes clients wish to minimize travel expenses by keeping their consultants on site 100% of the time. Like any good employee, isolation from friends and family is likely to lead to burnout and lack of engagement. It’s a good practice to keep your consultants engaged and operating at their peak performance. Rotations home to see loved ones are essential in achieving this. Sometimes the incremental results generated from a properly-run project with fully-engaged staff and consultants can easily outweigh any travel expense incurred. Forward-thinking client executives will typically understand this.
Trindent Consulting has had a strong track record of delivering results in Asia, and we’ve been able to open up this market to top-notch consulting expertise. It’s not without it’s challenges, but any project’s chance of success can be achieved by favoring the strongest possible consultant, regardless of geography, language proficiency, and ensuring they’re motivated to perform.
The Future Supply Chain
What Does the Supply Chain of the Future Look Like?
Many of our clients are interested in moving to the ‘next-generation’ of supply chain, as a reaction to competitive pressures or changes in market dynamics. The salient question is – just how far in the future can we push a supply chain?
Evidently, the focus will include some form of advanced technology, like RFID and Electronic Ordering, and complete system integration. However, these technologies are largely here now, almost by definition, since they are used in isolated corners of most supply chains. Since no one has really implemented all of the technologies, certainly all together, it does represent the “future,” but maybe the relatively near future. It’s simply a matter of the adoption curve.
Every organization struggles with the temptation to paint a picture of a supply chain world in which simply everything is automated – though, indeed, that may very well be a huge component of the future vision. In fact, Trindent has pondered this topic – when do we reach a point in the level of supply chain automation, both physical and informational, that there just is not a whole lot more we can do in terms of supply chain improvements? Is that point likely to come fairly soon, or is it decades away?
System Integration is at a similar crossroads. It would also be relatively easy to simply paint a vision where we have virtually 100% integration both within the enterprise and across trading partners and networks. Much more unpredictable, of course, would be forecasting the timing of this (remembering, for example, the lessons and history of EDI), but even beyond that, does foretelling a world of near perfect automation and integration really tell us much? We don’t think so.
Processes are a part of the solution, and less is better. By less, we mean removal of unnecessary steps, paper processes, data entry, ordering, repackaging and returning. Most organizations have not approached supply chain redesign by asking, why are we doing this in the first place?
There is a Behavioral component as well. Even the most automated, sophisticated supply chains are susceptible to self-inflicted, surges and spikes in demand, poor sales force and customer ordering practices, and grossly-optimistic marketing and product development timelines and demand estimates. Trindent believes that the supply chain of the future will need to push the limits of human behavior and habit.
All this also makes us wonder how far out companies themselves are thinking about this. What is the horizon of your company’s supply chain master planning? It is really just a timeline of advancing today’s basic strategies, or does it really encompass innovation? As most of our present clients today view “strategic planning” often has a horizon of only about 18 months, since many think the world is too dynamic, especially right now, to consider a horizon much beyond that. It was partly an exaggeration, but a good one to make the point about the environment we operate in today.
Change Management and Resistance
Anticipating and understanding resistance to ideas can make the difference between a truly outstanding project and mediocrity.
Why must organizations change?
Today’s dynamic business reality forces organizations to continuously search for ways to improve and remain competitive in the marketplace. Being able to anticipate the ‘traps along the way’ and develop support for changes and improvements are the keys to continuous improvement, and an area of critical focus for any Trindent consulting engagement.
New Approaches to Cost Savings
Small but Scalable
Why Organizations need to Re-Conceptualize their Approach to Cost Savings
Overview
In recent years, both public and private organizations have been under immense pressure to reduce capital spending. Scrutiny from shareholders, employees and customers has forced many organizations to look inward for ways of reducing costs. Emphasis has been placed on scaling back items considered to be extravagant and unnecessary by onlookers, such as corporate jets and conferences in exotic locations. While many organizations have been diligent in their efforts to identify and purge unnecessary costs, one could argue that the most costly expenses only appear to be the most significant. Large opportunities for savings are being left on the table by institutions who just don’t know where to look.
The concept of economies of scale is frequently addressed in management rhetoric. It most commonly refers to the cost advantages that an organization obtains through purchasing en mass, amalgamation, and increased output. The basic premise is that the greater the volume of output, the lower the unit cost. The concept is frequently applied to production, expansion or acquisition but less often thought about when managing the business on a day to day basis. More specifically, managers tend to focus on large savings opportunities but tend to forgo the pursuit of smaller, more scalable avenues of cutting costs. This is likely because these opportunities appear too small, numerous or perhaps too arduous to capitalize on.
Small, if scalable, does not always mean small; in fact, ‘small’ can have a significant impact to the bottom line if it possess certain characteristics. The age old saying of “don’t sweat the small stuff” can be misleading when so much can be gained by getting into the details.
A Case Study
During a recent engagement, I worked with a medium sized call centre in Ontario, Canada. The focus of the engagement was to enhance profitability and improve service levels. The client had a management team comprised of twelve key individuals, one of whom I worked closely with throughout the duration of the project. At the project’s onset, I asked him what measures the company had taken to cut costs. Proudly, he explained that the management team had decided to forgo the annual management retreat at a resort in Northern Ontario. “It’s too bad really, but think about the savings. We’re going to save almost $8000 dollars from that alone,” he exclaimed. While the management team’s efforts to cut costs were admirable, a few thousand dollars to a multi-million dollar operation seemed insignificant. On the contrary, having twelve of the company’s best minds working, uninterrupted, though tough management problems for three days was probably more valuable than the actual cost of the retreat. This made me realize that the client had a long way to come in learning about more efficient ways of scaling back the company’s capital expenditures. While congratulating my client on taking the hit, I felt that point in the conversation was an opportune moment for me to explain the value I would be bringing to the organization.
To illustrate my point, I asked my client to provide me with some general information about the company’s operations so I could perhaps draw some on-the-spot conclusions. The call centre, he explained, had an annual call volume of four million calls. I asked him what his major frustrations with the process were. He explained, “When I walk onto the floors, I just see so much paper handling. I don’t understand why so many papers have to be printed at a call centre.” As our discussion evolved, he explained that a fifth of all calls needed additional information, and for each piece of additional information, an agent had to complete a form noting what information was outstanding. After filling out the form, the agent would have to deliver it to an administrative assistant who would send them out to the client. “What are the main types of information that they have to send out for?” I asked. “Credit rating, payment history, that sort of thing.” Immediately my mind began to put together a solution that, even if not immediately viable, would help illustrate my point.
“Why not automate it,” I said, and began to explain a simple process change. “Create a web-based form with multiple choice options that could be e-mailed instead of delivered by the agent. This would certainly expedite the process.” The client looked skeptical. He responded, “Yes, but that probably would only save a few moments, and not even on every call. It would hardly even make a dent in our operations.
As I wrote out a quick calculation to illustrate my point, I reminded him of the importance of scalability.
Annual Call Volume | 4,000,000 | ||||
% of calls impacted | 20% | ||||
Minutes saved per call | 0.08 | ||||
$ cost per minute | $3 | ||||
Annual $ savings (estimated) | $200,000 | ||||
As he looked at the estimated annual impact, he was shocked by the result. He was beginning to realize that, at a very micro level, saving a few seconds for even a fraction of all calls could amount to savings far greater than cancelling the management retreat or scaling back the company summer picnic. The point helped illustrate my argument that finding small but scalable changes can result in a significant cost reduction to the organization.
Opulence or Ignorance?
One might argue that the reason organizations have placed greater emphasis on slashing unnecessary business trips or selling off the corporate box seats is because such gestures portray fiscal responsibility. While it is important for organizations to purge unnecessary, and often extravagant costs to shareholders and customers, I might argue that it is management’s sheer inability to scrutinize their own processes that clouds their capability to identify more scalable, lucrative changes. Managers too often focus on managing the day to day operations and fighting fires, seldom leaving any time to devote to process improvement. Without the time or the training to identify opportunities for improvement, managers neglect the most significant opportunities for improvement within the organization.
Moving Forward
A healthy operation is one that scrutinizes every action taken to produce an item, deal with a customer or provide a service. Managers should constantly challenge what is deemed to be necessary and encourage their staff to become creative in the way they see processes unfolding. Supervisors and front line staff should constantly be encouraged to ask themselves the following questions
- Why do we do this step?
- Are we documenting to excess?
- If I were a customer, would I be willing to pay for this?
- Could we do this step in a more efficient manner?
- What frustrates staff about this process? Can we fix that part of it?
Engaging staff in the process of improving their own workplace will increase employee engagement, improve morale and reduce the costs of doing business. Additionally, it is a far more sustainable and seamless approach to cost reduction in the long run.
Profitable Growth Fundamentals
Every organization requires a different growth strategy depending on where they are in the business lifecycle, organizational goals and direction, and capabilities. Additionally, there are a multitude of other factors such as the economy, competitors, and technology outside of their control that directly impact an organizations ability to create sustainable growth. Subsequently, each business has to evaluate their current environment and depending on where they are situated, develop initiatives to move them forward. Almost any organization strives to attain sustainable growth either organically or through other means in an effort to achieve top line growth and bottom line results.
Fundamentals – Who, What, Where, When, and How
Who
With increasing competition and the internet paving the way for ease of market entry, companies must rely heavily on their employees’ creativity, imagination, idea generation, and opportunity capitalization to realize sustainable growth. Executives often set the strategic direction and mandates for the business, but without the right employees to execute initiatives and complete the necessary work on a day to day basis, the strategies and corporate plans are worthless. Organizations need to focus on empowering employees, enhancing the work experience, and bringing out the best in every member which leads to improved quality, cost structure, culture, and customer service. This not only creates a truly engaged workforce but also sets the foundation for continuous growth.
What
For an organization to truly manifest the characteristics required to attain sustainable growth, there must be balance in the four major functions – financial, customer, process, and learning & growth. Businesses that are able to consistently refine their goals, adapt to market conditions and fluctuations, respond to competitor threats, and sustain their competitive advantage are well situated for continued success and growth.
Where
Organizations must continually review strategies and goals to ensure they are properly aligned with the direction of where the business wants to go. Organizational road maps, typically 1-5 years forward looking, are powerful tools utilized by Executives in many organizations to display and ensure alignment with business goals, objectives, and desired results. However, they require consistent monitoring and updating as business needs and environments regularly change.
When
A critical aspect in creating a sustainable growth strategy is knowing when to modify plans, change strategic direction, or shift resources to capitalize on an opportunity. In the ever increasing competitive market, timing is everything! If all four of the major quadrants are balanced and Executives are fully engaged in the process, they will be able to make informed decisions on how to move and when to move which are critical factors when capitalizing on opportunities or leading change. Change is inevitable; innovation and continuous improvements are necessary for organizations to remain competitive and continuously grow.
How
Businesses that are able to develop strategic alliances and partnerships with customers and suppliers have a strategic advantage over competitors. Organizations that are able to establish mutually beneficial business contracts with suppliers while providing customers with great products and timely delivery are well situated for long term growth and capitalization. Additionally, by leveraging best practices, process innovation, and core competencies, organizations can maximize revenue streams through increased customer partnerships while improving processes and reducing operating costs.
Conclusions
Creating a sustainable corporate growth strategy requires many different functions to work in unison and continuous monitoring and execution of the fundamentals. A balanced business focusing on the financials, customers, processes, and learning and growth opportunities will result in fully engaged employees and be well positioned to execute on or react to possible threats or opportunities that may arise. Feel free to contact Trindent for more details on this business challenge.
Leadership and Power
Strong organizations have leaders; stronger organizations have followers which lead! Leadership is vital during times of change. “When the Rubber Meets the Road” so to speak… do the managers influencing this change truly process the leadership skills required to achieve the Results expected?
First off we define leadership as; “the ability to influence a group towards the achievement of goals”
The projects Trindent typically perform require leadership at all levels of the organization, so we would bucket Leadership characteristics into a few themes, Traits, Behaviors, and Decision Styles. All of which make sustaining change critical.
Traits:
The leaders which Trindent Management have been fortunate to work with posses these common traits:
- drive and ambition
- desire to lead and influence
- integrity
- confidence
- intelligence
- technical knowledge
Trindent has discovered these traits are vital to sustain change within dynamic organizations regardless of industry. In the past year the world has witnessed the financial service sector fail many of the communities they serve because of poor leadership. One can argue that these traits were severely missing from the leaders of the most well known and respected financial institutions of the world.
Behaviors:
Leadership as it is defined in terms of one’s behavior debates the balance between being a job-centered or employee-centered leader. A job-centered leader only cares about the task at hand, win at all cost mentality, where as an employee-centered leader achieves the results through group cohesion, promoting a supportive work environment, and focus on the employee’s well-being. Clearly leadership behavior all depends on the situation challenging the organization, therefore recognizing the leadership behavior within the organization is pivotal to align the proper leader and his/her style with the employees executing the change.
Recently, two different clients were looking to establish operational baselines for their business needs, one clients approach was centered only around the companies objectives and goals (Job-centered), where are the other client leverage their distribution base to establish operational goals and relied solely on the outside opinion of the group to establish the goals (employee-centered). In each case the goals were established and the leverage their leadership behavior to meet their objectives. So, there is no perfect behavior, just the need to recognize how to lead the team
Decision Making Style:
Leadership decision making style is similar to behavior, however the intent of the actions are different. The styles are dependent of variables such as the quality of solutions needed, acceptance of the solution, and the time to make the decision. With those variables the leader may take action in multiple ways:
- leader decides alone
- leader solicits information, decides alone
- leader discusses problem with subordinate individually, decides alone
- leader discusses problem with subordinates as a group, decides alone
- complete group decision making (e.g. consensus, majority)
As a result, a leader’s decision making style may be influenced by the dependent or independent variables of the task at hand. A dependant variable being: the follower’s performance behaviors, and an independent variable being: all those things that a leader can do to influence the follower’s performance. The means by which the leader influences the follower’s performance is due to the Power the leader has over the follower.
Power:
It is common when speaking about leadership to incorporate Power into the discussion. Power is defined as the capacity to influence someone to do something they would not otherwise do. In the US, we tend to be suspicious and cynical about power, even if it is used for “good”. As Trindent grows globally we have witnessed the cultural differences of “Power” within organizations as well.
There are two faces to power, a Negative face of power which is dominance and coercive. I have greater influence over you, so you have less influence over yourself. I win, you lose. Factory settings are common places for this display of power. The Positive face of power is enabling, inspiring. Here’s how you can reach your goals; you are capable and strong; working together we can accomplish these goals. One of our successful European medical device clients operate with this approach to power.
Conclusion:
What are successful organizations doing to lead change? They are leading with integrity, confidence, and intelligence. They “Read the Room” so to speak and lead with flexible behaviors and decision making styles while keeping a power position that inspires the team to reach its goals.
Leadership and Motivation
Leadership is the art of influencing behaviors towards a common goal.
Leadership Overview
There are many different thoughts and extraordinarily wide range of definitions when people describe the term ‘Leadership’, but at its grassroots, it is a management skill and ability to influence the behaviors of a group of people toward a common goal. The ‘goals’ and ‘leaders’ will differ at all levels of an organization, from Corporate objectives to departmental targets and C-Level Executives down to Supervisors, but everyone must understand and strive toward a common objective to ensure full coordination and greatest level of success.
Results Based Leadership – Connecting Attributes to Results
When it comes to leadership competencies, many academics and industry professionals tend to focus solely on attributes, such as personal integrity, personality, analytical ability, and vision to define a successful leader. Potential Leaders are assessed on who they are (values, character, motives), what they know (skills, experience, knowledge), and what they do (style, behaviors, decisions). They often fail to make the connection between these attributes and what truly defines a successful leader, results! A leader’s job requires more than personal attributes and knowledge, it demands results. The Results Based Leadership equation makes this connection and evaluates leaders on both attributes and their ability to deliver on predefined goals and objectives.
Leadership = Attributes x Results
Each variable in the equation is multiplicative, they are not cumulative, and propose that Leaders must strive for excellence in displaying specific attributes and obtaining desired results.
Leaders exhibiting ideal attributes but fail to deliver desired results have ideas without substance. They rely heavily on who they are and how they conduct themselves rather than what they deliver and are not long remembered when they leave an organization. Conversely, Leaders who deliver results but lack the ideal attributes find their successes short lived. These Leaders fail to motivate employees and with a results only oriented attitude, their successes often disappear shortly after being implemented.
A Results Based Leader needs to be able to define and measure desired results. Desired results in any organization should focus on being:
1) Balanced – one part of the company should not be ignored so that another can thrive.
2) Lasting – long term success is not sacrificed for short term gains.
3) Strategic – link to the firm’s strategy and strengthen its competitive position.
4) Selfless – work to benefit the organization as a whole, not single areas or functions.
Additionally, there are four areas of an organization that a successful Leader must deliver results on and consider when outlining the organizations desired results.
- Employee Results – developing the organizations human capital.
- Organization Results – creating an environment conducive to innovation and learning.
- Customer Results – achieving target customer satisfaction and providing services and goods that they value.
- Investor Results – Maximizing resources, reducing costs, increasing returns, growth.
Different industries and lines of businesses will force organizations to shift the balance amongst Management, but inevitably, all four areas must balance in order for the company to succeed. For example, if an Executive fails to deliver on employee results, the organization will have a hard time attracting and retaining talent, leading to organizational, customer, and inevitably investor results issues.
Conclusion
Many Leaders fail in their attempt to create a truly balanced results oriented organization. It becomes the Senior Leaders’ ability to shift priorities and identify the necessary desired results that ultimately defines their long term success. A results based approach from the top down helps a Leader cascade this mindset and approach down to all levels of Management throughout the organization.
How to Successfully Navigate the Case Interview
How to Successfully Navigate the Case Interview
Interviews are always nerve racking. With a strong desire to put your best foot forward, you can end up putting your foot in your mouth instead. Everyone has done it at one point or another, walking away thinking “wow, that was bad”.
The case interview, a standard step in the hiring process of any consulting firm, has an added element of stress. Not only is your background and character being scrutinized, but so are your problem identification and solving skills. Remaining focused and being clear to let your problem comprehension and concise analysis shine through can be difficult in this situation.
However, as intimidating as a case interview may seem, there are three simple ways to detach from the stress and instead approach the entire process logically to succeed.
Practice
A case interview is no different than any other interview in that you need to present yourself well. However, it does require a much different approach to preparation. When warming up for a fit or a character interview, you polish up on the basics, rehearse responses to standard questions like “why do you want to work here” or “tell me a time you failed and how did you respond”, and generally prepare to speak to content you are well versed in. But in case studies, you don’t know in advance what content you’ll be asked to cover.
So, the first step to preparing for a case interview is to polish your responsive analytical and problem-solving skills by taking advantage of the myriad sample case studies available online. Practice how to separate the stimulus from the question, how to break down the problem, how to identify what information is missing, and how it should be gathered and synthesized.
Do Your Research
Your next step will be to research the company’s terminology.
Study their website and their LinkedIn page, and read any publications you can find in order to learn what their “language” is. A quick perusal of Trindent’s website and LinkedIn page, for example, will show a treasure trove of vocabulary and expressions that make up the standard language we use every day.
Remember to Adapt
During the interview, knowing the company’s nomenclature will help you understand the case, read your interviewer’s queues, structure your responses to fit the company mold, be concise in your answers, and hit the right points rather than explaining around them.
It will also allow you to adapt your style to match that of the interviewer. It may seem like a small thing, but the case will be presented using the company’s language, so pivoting to using their terminology will not only help you understand it better, but will also allow your interviewer to easily follow your thought process as you talk through the solution – all of which will translate into higher scores.
Being well prepared for a case interview takes a lot of time, but it also takes a great deal of stress out of it and sets you up to succeed in the next steps of your consulting career.
Interested in becoming part of our team? Check out our current openings page to find a role that best suits you.
At Trindent Consulting, we are a global technical augmentation company with a passion for solving complex problems in the energy, healthcare, and finance sectors. With over 100 client partnerships, our success centers on prioritizing sustainable profit margin improvements and delivering impactful results.
As a medium-sized firm, we cultivate a close-knit environment where every team member knows one another. Our people are fun, and our work is intriguing and diverse. We actively strive to create an inclusive environment where everyone has equal opportunities for growth and success.
Interested in becoming part of our team? Check out our current openings page to find a role that best suits you.
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Setting Up for Success: A Beginner’s Guide to Consulting
What exactly do consultants do? This is a question commonly asked of consultants by friends, family, or during coffee chats. The truth is, ‘Consultant’ is a broad term covering a wide range of definitions.
In this article, we’ve condensed the essential skills and benefits common to Trindent Consultants. These are the core ingredients that define the consulting lifestyle, enable us to deliver bottom-line results and represent what you can expect from a career in consulting.
C – Change
In consulting, there are two layers of change that are important to master: (1) the ability to accept change; and (2) the ability to instill change. As a consultant, you need to be able to adapt to changing work conditions and environments. By learning to embrace change and expect the unexpected, you will set yourself up for success. Additionally, as a consultant, you are responsible for influencing the client to trust the solutions you are providing. It is imperative that you can deliver on your promises and establish rapport to implement sustainable changes.
O – Organization
You will work with large amounts of information and data throughout the majority of the engagements you are a part of. You may also work on several concurrent engagements with competing deadlines and priorities. By staying organized, productive, and managing your time, you will be able to complete deliverables with a systematic and efficient approach.
N – Network
You will work with incredibly smart people within your consulting firm as well as on your clients’ teams. This will allow you to build professional relationships with ambitious and talented individuals who you can continue to learn from throughout your career.
S – Solutions Oriented
Successful consultants are solutions-oriented – you enjoy the challenge of solving difficult business problems while uncovering effective and innovative solutions.
U – Urgency
One of Trindent’s core values is Perfection with Urgency. As a consultant, you may have new deliverables pop up with tight turnaround times. It is essential to produce a high-quality deliverable efficiently and effectively to ensure it is client-ready within deadlines.
L – Learning
As a consultant, you are going to work on various projects, with a variety of clients in a wide range of industries so you will certainly not be deprived of opportunities to learn! If you are a curious individual with a love of learning, consulting could be the perfect fit.
T – Travel
One of the most exciting parts of consulting is the opportunity to travel. Trindent’s global client base will allow you to fly frequently, live in hotels, and explore new cities, all while bonding with your engagement team.
I – Initiative
As a consultant, you may be expected to lead your own workstream during an engagement. You should be comfortable stepping up to the challenge and act with little to no supervision.
N – Navigate Ambiguous Situations
At times, you will face challenging and ambiguous business problems. These situations will push you to be comfortable with the unknown and uncover insights from complex problems.
G – Growth
Aligned to the love of learning, working in consulting will expedite your professional growth immensely. Being exposed to a variety of clients, industries, and business practices will allow you to gain unparalleled experience and knowledge within a short timeframe.
Above all, Consultants Make It Happen™. We develop insights, instill change, and deliver sustainable results for our clients. By honing the skills mentioned and demonstrating them during your work or throughout the interview process, you will be setting yourself up for a successful career.
Top Reads to Break into Consulting and Succeed
Unlike careers in medicine, law or priesthood, one doesn’t require seven, eight or ten years of education to break into consulting. However, it might often seem that way. Statistically, more and more top business school grads are gravitating towards a career in Management Consulting, so competition has never been tougher. Listed below, are some books that can greatly assist you, not only in breaking into consulting but also in succeeding once you’re there.
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The McKinsey Way – Ethan M. Rasiel
Quick Glance: The McKinsey Way gives you a quick glimpse into the life of a McKinsey Consultant. The book discussed in simple terms how to run a meeting, how to sell yourself, your business and your ideas, and how to train yourself to think like a consultant.
Why Read? Ethan’s deep dive into the McKinsey way lessens the learning curve associated with many consultancies.
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Case Interview Secrets – Victor Cheng
Quick Glance: Considered to be the bible for preparing for case interviews. Whether you are brand new to the process or a seasoned vet, this book is the gold standard in giving you the tools to better structure your thoughts, apply logic throughout a case and present and synthesize ideas effectively and coherently.
Why Read? Case Interview Secrets walks you through each stage in the case interview process and the examples at the back are good primers to the real thing.
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Smarter, Faster, Better – Charles Duhigg
Quick Glance: In this book, Charles Duhigg uses captivating real-world examples to convey ideas on how to improve yourself, your way of thinking and even your business.
Why Read? A big part of consulting is being able to convey ideas to clients using anecdotes and stories to be more relatable and effective.
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HBR’s 10 Must Reads: The Essentials
Quick Glance: The Essentials are precisely that – the basic requirements of business knowledge that you need to understand how businesses operate in their respective ecosystems.
Why Read? You are often expected to learn quickly when placed on a new study or engagement. Having a working business knowledge can provide the necessary context to help make sense of things.
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Refinery Maintenance: The Work Management Process
Refinery Maintenance: The Work Management Process
In any equipment intensive sector, there is almost never a quiet day – and a refinery is no exception. Even the best-planned days can be full of interruptions – failures and other unplanned events that disrupt the schedule and cause system slowdowns or outages.
But a well-curated and properly executed Work Management Process can smooth the impact of these disruptions and enable good Risk Based Decision Making so that refineries can reduce the costs associated with equipment failures, inefficient work execution, process interruptions, overtime, and rushed orders.
Typical Work Management Process
During the first part of the process – Work Need Identification – enhanced training can increase operator understanding of the processes and equipment, while empowering them to better identify failures before they occur. Properly designed and executed Preventative Maintenance for each piece of equipment can enable better identification of failing equipment and increase the equipment’s longevity.
Once a failure is identified, the Operator generates a work notification in the refinery’s Computerized Maintenance Management System (CMMS)or Enterprise Asset Management (EAM) software. Often, these systems are not optimally set-up to enable proper data collection, so it’s important that operators receive proper training in order to ensure that work notifications are of sufficient quality and detail with reduced operator variation.
After the notification is submitted to and approved by a supervisor, a Planner determines which craftspeople and tools are required to fix the failure and how long the work will take to complete. An inaccurate plan can lead to inefficient Work Order Execution as the proper craftspeople may not be involved, the proper tools may not be available, or the schedule may be inaccurate in terms of its duration. Improving the planning process using accurate data can prevent these deficiencies.
Work Order Scheduling is often a challenging area, as there is a limited amount of both human and financial resources, but a long list of work that needs to be completed. These scheduling meetings are typically the embodiment of “the squeaky wheel gets the grease”, with the loudest individuals in the room receiving the most resources. As a result, Preventative Maintenance efforts tend to be neglected, and this myopic view creates a slippery slope of increased equipment failures in the long-term. Creating Standard Operating Procedures and Work Management Risk Matrices can support work prioritization and strike the balance between preventative and reactive work orders. The same logic can be used to prioritize and decrease the Maintenance Backlog. It’s important to note here that the proper criteria should be used in work prioritization to reach desired outcomes; frequently, refineries use incorrect criteria, which reduces the effectiveness of prioritization efforts.
Work Order Close-out is one of the most important steps in the process but is often neglected or improperly completed. A proper Work Order Close-out results in better data collection and more informed decision making. This information can be used in a continuous improvement process that allows Planners to fine-tune Work Order Planning. Additionally, failure code data can be used to identify root causes of failures and support Defect Elimination programs.
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Vital Role of Tank Gauging in Refineries: Ensuring Accuracy and Safety
Refineries play a critical role in the processing of crude oil and the production of various petroleum products. Within these complex facilities, the storage and management of liquids, such as crude oil, intermediates, and finished products are of utmost importance. To ensure efficient operations, accurate inventory management, and safe working conditions, refineries rely heavily on tank gauging systems. The following will explore the significance of tank gauging in refineries and how it contributes to the overall success of these facilities.
Different Tank Gauging Methods
While different gauging techniques are used depending on the type of tank and the unique properties of the liquid being stored, tank gauging methods can be divided into two general categories – manual and automatic. An automatic tank gauge (ATG) is an electronic device whose purpose is to continuously monitor levels. ATGs also provide refinery operators with details regarding what is happening inside the tank (e.g., changes in level, level warnings, water level and volume, and temperature). Alternatively, a manual gauge can be carried out using one of 2 techniques: innage (tells you the actual depth of the liquid inside the tank) or outage (measures the part of the tank that is not filled with liquid).
While it can be tempting to solely rely on ATGs for information, recall that all equipment must be calibrated to ensure accuracy. Considering the size of storage tanks, a difference of a quarter inch in level measurement could equal thousands of barrels. Now that we have a better understanding of different methods for tank gauging, let’s explore some of the benefits of using a combined approach for ATG and manual tank gauging at the refinery.
Accurate Inventory Management
Tank gauging provides accurate measurement of liquid levels and volumes in storage tanks. Precise knowledge of inventory levels is essential for production planning and scheduling. Accurate inventory data helps optimize storage capacity and minimize product losses. Compliance with Safety Regulations Refineries operate under strict safety regulations and guidelines. Tank gauging ensures compliance with regulations regarding storage tank safety. Accurate level monitoring helps prevent overfilling and the associated risks. Moreover, by eliminating inventory inaccuracy as a potential source for error, the refinery is better able to reconcile mass balance and more efficiently identify sources of loss (e.g., meter equipment issues, density measurements, etc.).
Leak Detection and Environmental Protection
Tank gauging systems play a crucial role in early leak detection. Continuous monitoring of tank levels helps identify potential leaks promptly. Detecting leaks promptly minimizes environmental impact and prevents product loss.
Operational Efficiency
Tank gauging systems enable real-time monitoring of tank levels and product movement. Operators can track inventory levels, identify bottlenecks, and optimize processes. Accurate data helps streamline operations, reduce downtime, and increase efficiency.
Maintenance and Asset Management
Tank gauging systems aid in predictive maintenance and asset management. Continuous monitoring of tank conditions helps identify maintenance needs. Early detection of equipment malfunctions reduces the risk of costly breakdowns.
Integration with Control Systems
Tank gauging systems can be integrated with refinery control systems. Integration allows for seamless monitoring and control of tank levels and operations. Real-time data integration facilitates decision-making and enhances overall refinery control.
Emergency Response and Contingency Planning
In the event of emergencies, such as fires or leaks, tank gauging data is invaluable. Accurate and up-to-date information aids emergency response teams. Tank gauging systems assist in developing effective contingency plans.
Calibration and Accuracy Verification
Regular calibration and verification of tank gauging systems are essential. Calibration ensures accurate measurement and reliable data. Regular verification confirms that the system remains within acceptable accuracy limits.
Operator Safety and Ease of Operation
Tank gauging systems enhance operator safety and ease of operation. Accurate level measurements reduce the need for manual gauging, minimizing exposure to hazards. Automated systems provide operators with real-time information, enhancing situational awareness.
Continuous Improvement and Optimization
In conclusion, refineries are constantly striving for improvement and optimization. Tank gauging data plays a vital role in identifying opportunities for optimization. Analyzing historical data helps refine processes, reduce waste, and enhance overall performance. Tank gauging is an indispensable component of refinery operations. It ensures accurate inventory management, compliance with safety regulations, early leak detection, operational efficiency, and much more. By investing in reliable tank gauging systems and embracing continuous improvement, refineries can achieve optimal performance, maintain safety standards, and contribute to the sustainable growth of the industry.
This article was written by Francesca D’Urso, an Engagement Manager at Trindent Consulting.
Refinery Maintenance: Planning for Success
As processors and storage become cheaper and more efficient, more and more companies want to analyze increasing amounts of data and use artificial intelligence to support Risk Based Decision Making; and refineries are no different.
Predictive Maintenance offers refineries an opportunity to determine the current condition of equipment to predict when a failure will occur. This gives refineries a potential to reduce Operating Expenses by performing preventative maintenance only when it is warranted and by reducing the costs associated with Reactive Maintenance. Predictive Maintenance programs are high CAPEX and, unfortunately, most refineries do not have adequate processes and quality data available to make this transition worthwhile. Trindent provides refineries with low to no CAPEX solutions that build the fundamentals required to make the first step towards Predictive Maintenance.
Foundations for Success
Before a refinery can implement a holistic Predictive Maintenance program, they first need to establish a pilot program. Creating the right foundation allows the refinery to plan for success and implement a program using data-driven decision making to determine where the initiative will have the most impact. Proper foundations also allow for improved refinery operations and a reduction in Operating Expenses in the interim.
- Proper Preventative Maintenance: Preventative maintenance reduces the likelihood of equipment failure by performing routine checks or interventions on the equipment. A proper maintenance program will occur frequently enough to detect failures but not be unnecessarily burdensome to maintenance personnel. As part of this, it’s important to understand correct Preventative Maintenance tasks, durations, and crafts people allow for refinery management to focus predictive maintenance efforts on the equipment that cost the most to maintain. Without proper Preventative Maintenance tasks in place, there will be inadequate follow-up action from predictive maintenance findings.
- Data Quality: During the work management process there are many opportunities to collect the right data; however, refineries often lack the processes and training to collect data that is sufficiently detailed. Improving maintenance programs for instruments and sensors allows the refinery to identify whether the quality of the data is adequate or if the right sensors are even in place. Better data quality allows for management to focus predictive maintenance efforts on specific failures that result in process interruptions. Furthermore, the use of Defect Elimination programs can give the refinery insights into the conditions that cause failure, allowing for a more effective predictive maintenance program.
- Culture: Without building a proactive culture, a predictive maintenance program is destined to be an expensive, but short-lived endeavor. Establishing the right training, tools, dashboards, and communication methodologies allows for results to be sustained. Once the refinery has shifted from a reactive to a proactive culture then the predictive maintenance program can be successful.
At Trindent, we focus on tangible results and showing improvement through data. This data-driven approach links our results to financial or other key performance indicators. In addition, we make sustainability a key part of each engagement, and train your employees to sustain results.