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5P’s Model

5 Ps Model

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5P’s Model

5 Ps Model To Improve Organizations & their Operations.

What is it?It is a Strategic Management Model which requires the alignment of 5 variables to improve organizations and their operations

The 5 variables are:Purpose

Principles

Processes

People, and

Performance.

1. Purpose

Purpose

It involves all the elements that constitute the intention of the organization.

This includes the organization's mission, vision, goals and objectives, and strategies.

2. Principles

Principles

These are the guiding philosophies, assumptions, or attitudes about how the organization should operate and how it should conduct its business.

This variable includes the integrity base, ethics, and core values to which employees are expected to make a commitment when they are hired.

3. Processes

Processes

These are the organizational structures, systems, and procedures that are used to make the products or perform the services that the organization provides, as well as the infrastructure and rules that support these systems and procedures.

4. People

People

These are the individuals and teams of people who perform work that is consistent with the Principles and Processes of an organization to achieve its Purpose.

They are the active components who accomplish work results.

5. Performance

Performance

It encompasses all the metrics, measurements, and expected results that indicate the status of the organization, and are used as criteria for decision making.

Performance results are fed back into the strategic management process to provide a means of feedback and control.

Steps in the 5Ps ModelFor Purpose

Identify strengths and weaknesses, threats and opportunities, mission, vision, goals and objectives, and strategies.

Identify core leadership competencies.

For Principles

Use a team to develop core values.

Steps in the 5Ps ModelFor Processes

List all processes.

Document the processes using flowcharts, process maps and/or checklists.

List process owners. If owners are not identified, designate process owners who will do the process documentation and improvement.

Steps in the 5Ps Model

For People

Determine the extent to which people are empowered, teams are in place.

What is the level of self direction in teams.

What training is needed.

Other things that relate to employees.

Steps in the 5Ps ModelFor Performance

Identify what measurements are in place/should be in place

Establish key performance indicators (KPI's) and baselines.

Set up a metrics system with targets for improvement.

Track KPI's over time.

Usage of 5Ps Model

Strategic Management.

Quality Management.

Organizational Assessment.

Change Management.

Strengths of the 5Ps ModelThe 5 P's Model can be used at the corporate level and throughout every level of the organization.

The 5 P's Model is applicable to all types and sizes of organizations.

The 5 P's Model can be applied along with a variety of other leadership and management theories, concepts, and tools.

The 5 P's Model is timeless. It will not become "out of date" just because other theories are introduced.

Limitations of 5Ps ModelPeople applying the 5 P's Model need to individually or as a team understand not only basic leadership and management concepts, but also

strategic management

organizational development

process management and

systems thinking.

For an organization to be efficient and effective, socio-technical organizational theories suggest that all of the 5 variables must be aligned. So that they support and reinforce each other.

Incongruence or incompatibility among the variables expends unnecessary time, energy and money. Also it can lead to high levels of frustration, feelings of helplessness, and dissatisfaction for employees.

The 5 variables exist in all organizations.

.:: Thank You ::.