Formula 1 – Enterprise Business Transformation
An Introduction To Our Formula 1 Platform
Modus Business Transformation Core Modules
Building, Driving and Sustaining your Business Transformation and embedding a 'Transformation As Usual' platform.
* 01 - Business Model Management - Manage and Adapt
By leveraging the Business Model Management Hub, automotive and F1 enterprises can ensure robust, flexible, and future-ready business models, driving sustained success and growth.
The Business Model Management Hub within the Modus Enterprise Transformation Platform (ETP) is crucial for automotive and F1 enterprises to thrive in an ever-evolving market. This hub allows businesses to set up and analyze their current and future business models, covering critical aspects such as markets, customers, products, and services. Here’s why it’s essential:
• Business Model Management:
Centralize and streamline business model development.
Analyze and adapt to market changes swiftly.
Ensure all business areas are aligned with strategic goals.
• Business Transformation Survey:
Gather and analyze data on current business operations.
Identify areas for improvement and innovation.
Benchmark against industry standards and best practices.
• Transformation Strategy Hub:
Develop and implement transformation strategies effectively.
Align business operations with long-term strategic objectives.
Monitor and adjust strategies to ensure continuous improvement.
Key Benefits:
• Enhanced Decision-Making: Gain insights into market trends and customer
needs.
• Strategic Alignment: Ensure all business activities support overall strategic
goals.
• Agility: Quickly adapt to changes in the market and stay ahead of
competitors.
Key Benefits:
• Holistic View: Gain a comprehensive understanding of your entire value
chain.
• Strategic Planning: Make informed decisions to drive growth and efficiency.
• Agility: Quickly adapt to market changes and emerging trends.
*02 - The Value Chain Modeler - Manage and Adapt
By leveraging the Value Chain Modeler, automotive and F1 enterprises can ensure their business operations are optimized for growth, efficiency, and long-term success.
Unlock the potential of your automotive or F1 enterprise with the Value Chain Modeller in Modus ETP. This tool allows you to understand, articulate, and plan your entire business model, touching on every aspect of the end-to-end value chain. Here’s why it’s essential:
Value Chain Analysis:
• Visualize and optimize every step in your value chain. Identify inefficiencies
and areas for improvement.
• Align operations with strategic business goals.
Value Chain Surveys:
• Collect and analyze data from each stage of your value chain.
• Benchmark performance against industry standards.
• Drive continuous improvement and innovation.
Target Operating Model:
• Define the ideal future state of your operations.
• Ensure all activities are aligned with strategic objectives.
• Facilitate seamless transitions and transformations.
*03 - The Operating Model - Organize and Sustain
By leveraging the Operating Model in Modus ETP, automotive and F1 enterprises can organize and sustain their operations efficiently, ensuring long-term success and continuous improvement.
Transform your automotive or F1 enterprise with Modus ETP’s comprehensive Operating Model. This model allows you to define, capture, and visualize your operational processes, creating a 'living' process knowledge hub to ensure ongoing excellence. Here’s why it’s crucial:
• TOM and Operating Model Design:
Develop a Target Operating Model that aligns with strategic goals.
Visualize and manage the structure and flow of your operations.
• Operating Model Components:
Identify and integrate key components of your operations.
Ensure seamless coordination and efficiency across all functions.
• Product and Services Value System Design:
Map out and optimize the value system for your products and services.
Enhance the delivery and quality of offerings.
• Customer Experience Design (CX):
Focus on designing exceptional customer experiences.
Improve customer satisfaction and loyalty.
• Business Role and Skill-Based Design:
Define roles and necessary skills within the organization.
Support training and development to meet evolving needs.
• Process Support Office:
Maintain a central hub for process support and continuous improvement.
Facilitate knowledge sharing and best practices across the organization.
Key Benefits:
• Organizational Alignment: Ensure all processes support strategic objectives.
• Continuous Learning: Utilize multiple operating models as ongoing training
guides.
• Agility and Adaptability: Quickly adapt to changes and maintain operational
excellence.
• Portfolio Management Office:
Centralize and manage all transformation projects and programs.
Ensure alignment with strategic objectives.
• Pillar/Initiative Management Office:
Oversee key initiatives and pillars of transformation.
Maintain focus on critical areas of change.
• Program Management Office:
Coordinate large-scale transformation programs.
Ensure seamless integration of multiple projects.
• Project Management Office:
Manage individual transformation projects with precision.
Utilize standardized methods and tools for consistency.
• Project Support Office (Virtual PMO):
Provide virtual support for project management activities.
Enhance collaboration and efficiency.
Key Benefits:
• Efficiency: Streamline transformation with pre-defined templates and
methods.
• Alignment: Ensure all transformation activities align with strategic goals.
• Success: Enhance the likelihood of successful transformation initiatives.
*04 - The Transformation Assets and Portfolio Module - Discover and Transform
By leveraging the Transformation Assets and Portfolio Module, automotive and F1 enterprises can discover, transform, and sustain their competitive edge in the market.
Empower your automotive or F1 enterprise to successfully execute and deliver transformational visions with Modus ETP's comprehensive library of pre-defined templates and methods. This module ensures streamlined and effective transformation processes. Here’s why it’s essential:
Additional Key Components:
• Financial Management: Oversee budgets and financial performance for
automotive R&D and F1 team expenditures.
• Communication Management: Ensure clear and consistent communication
between engineering, manufacturing, and racing teams.
• Operating Model Management: Maintain and update operating models
specific to automotive production lines and F1 team operations.
• Process Design Management: Design and optimize processes for vehicle
development and race strategy execution.
• IT Design Management: Integrate IT systems to support automotive
innovation and real-time race data analysis.
• Build and Test Management: Manage the development and testing phases
for new car models and race car components.
• Implementation Management: Ensure smooth implementation of new
technologies and processes in both manufacturing and racing contexts.
• Change Management: Facilitate effective adoption of changes within the
automotive industry and racing teams.
• Personal Development Assessments: Support the growth and development
of engineers, drivers, and team members.
• Training Management: Provide comprehensive training programs for
automotive manufacturing and F1 team operations.
• Organizational Design Management: Align organizational structure to
support strategic goals in car production and racing.
• Transformation Review: Conduct thorough reviews of transformation
initiatives to ensure alignment with industry demands.
• Optimization and Governance: Continuously improve and govern
transformation processes to maintain competitive edge.
Industry specific assets for Automotive-F1
• Value Chain Analysis: Optimize every step in the automotive manufacturing
and F1 team operations value chain.
• Business Model Analysis: Continuously refine and adapt business models to
suit the fast-paced automotive and F1 industry.
• Transformation Strategy: Develop and execute robust strategies tailored for
the automotive production cycles and F1 race season.
• Transformation Mobilization: Ensure readiness and alignment across
manufacturing plants and racing teams.
• Planning Management: Streamline planning processes for vehicle
production and race preparation.
• Transformation Log Management: Track and manage transformation
progress across all automotive and F1 operations.
• Value Chain Analysis
• Business Model Analysis
• Transformation Strategy
• Transformation Mobilisation
• Planning Management
• Transformation Log Management
• Financial Management
• Communication Management
• Operating Model Management
• Process Design Management
• IT Design Management
• Build and Test Management
• Implementation Management
• Change Management
• Personal Development Assessments
• Training Management
• Organizational Design Management
• Transformation Review
• Optimization and Governance
*05 - Organizational Change Management - Unite and Thrive
By leveraging the Organizational Change Management module, automotive and F1 enterprises can unite their teams, thrive through change, and sustain competitive advantage.
Ensure your automotive or F1 enterprise successfully adopts and thrives through change with Modus ETP’s Organizational Change Management module. This module drives engagement and builds robust organizational structures, pathways, and skills down to individual roles. Here’s why it’s essential:
• Change Management Office:
Centralize and coordinate all change initiatives.
Ensure alignment with business goals and strategies.
• Comms Management Office:
Maintain clear and consistent communication throughout the organization. Keep all stakeholders informed and engaged.
• Organizational Design Management Office:
Design and implement effective organizational structures.
Align roles and responsibilities with strategic objectives.
• Leadership Development:
Practices Develop strong leaders to guide change efforts.
Enhance leadership skills and capabilities.
• Change Workbench:
Provide tools and resources to manage change processes.
Facilitate planning, execution, and monitoring of change initiatives.
• Adoption and Course Correct:
Ensure full adoption of changes across the organization.
Identify and address any issues promptly to stay on track.
• Training and Launch Academy:
Offer comprehensive training programs to support change.
Equip employees with the skills needed for new processes and systems.
Key Benefits:
• Unified Vision: Align the entire organization with change initiatives.
• Employee Engagement: Foster a culture of continuous improvement and
collaboration.
• Sustainable Success: Ensure long-term adoption and success of
transformation efforts.
Key Benefits:
• Enhanced Collaboration: Foster a culture of teamwork and shared goals.
• Informed Decisions: Use real-time feedback to guide transformation efforts.
• Streamlined Communication: Ensure everyone stays on the same page with
centralized information.
*06 - Engagement Hub - Share and Guide
By leveraging the Engagement Hub, automotive and F1 enterprises can share and guide their transformation journey, ensuring success and sustained growth.
Enhance collaboration and communication in your automotive or F1 enterprise with Modus ETP’s Engagement Hub. This central platform ensures everyone stays informed, engaged, and aligned with transformation efforts. Here’s why it’s essential:
• Centralize Transformation Communications:
Maintain a single source for all transformation-related information.
Ensure consistent and clear messaging across the organization.
• Latest News:
Keep everyone updated with the latest developments and achievements.
Foster a sense of unity and shared purpose.
• Poll Surveys:
Gather feedback and insights from team members.
Make informed decisions based on real-time data.
• Transformation Team Areas:
Provide dedicated spaces for transformation teams to collaborate.
Enhance project management and team efficiency.
• Business Team Areas:
Create specific areas for business teams to access relevant information.
Ensure seamless integration between transformation and daily operations.
• Calendar Roadmaps:
Offer visual timelines and milestones for transformation projects.
Keep everyone aligned on schedules and deadlines.
• Language Capability:
Support multilingual communication for global teams.
Ensure inclusivity and clear understanding across diverse regions.
• Transformation and Change Alerting:
Notify teams of important updates and changes.
Ensure prompt response and adaptation to new developments.
Transformation As Usual Capability Model
Individual and Team Capability Development
