Our Mission: ‘To make opportunity a little more universal’

Friday, 27 January 2012

The Ekalavya Column - January 2012


 Transforma is not a consultancy. It is not a training agency. And certainly not a HR firm

We define our involvement not in terms of the input side, but the outcomes achieved. And we work long years with our clients to achieve, not trivial improvements in performance, but of a magnitude that defies conventional logic

None of these dramatic improvements has been achieved by a focus on the commonly followed path : processes. Our obsession has always been people. The right people. People not with the right qualifications, but with the right qualities : the only thing we look for in our assessments

The conviction to do so is underlain by the story of our inspiration, - Ekalavya, one who overcame the status he was born into and rejection by the teacher he so craved. Through sheer tenacity, long years of application and a steely determination, not the resources poured into him, he got to being acknowledged the most skilful archer in the Mahabharata. It’s these qualities that made the non-availability of resources irrelevant as an impediment to his extra-ordinariness

We find a real-life echo of this in a study of 7000 SMEs undertaken by Keith McFarland recently. 9 of these broke through from an SME to being a large company. A primary driver of their breaking through was ‘people’. So what is noteworthy about ‘people’? Two eye-openers :

  •  In choosing the right person, it does not matter where, or whether at all, he went to school
  • When right persons are on board, you don’t need other people’s money
 What McFarland says applies equally to auto dealerships, right here in India. Let’s take an example here from our own experiences : what job would you give the holder of a BA (General)? Making him as an Admin Assistant would be perfectly in order. It’s just that we at Transforma, in keeping with our beliefs, ignored that qualification bit and pronounced him as ‘High Potential’ two years ago based on our assessment of this individual’s qualities 

 Today, this person is Head - Retail Finance for this dealership. Within 3 months of his assuming his responsibilities, he had already made his mark, delivering a performance that was beyond the wildest expectations of anyone at the dealership : eliminating (not just reducing), outstandings running into crores, taking finance penetration to over 80% and totally reversing the earlier trend of over 60% of customers coming in through finance companies. All this, without a single rupee of additional investment into infrastructure, back-end systems or processes  

The graphs and tables on this page tell the story of the spectacular improvements Garapati – RAMCOR, Vijayawada, dealers for a wide spectrum of offerings in the auto sector. The exhibits, while conveying the unprecedented scale of the improvements in performance, fail in telling the real story : that none of these achievements is underlain by huge investments. That they all occurred because of the inherent qualities of the Ekalavyas we identified out of our assessments. That not a single individual who contributed to any of these startling improvements has a single academic qualification that would make you take a second look at them
 
But while assessing them 2 years ago we saw them as Ekalavyas. Capable of delivering extraordinary stuff. Stuff that would make us proud to present them before others. Like we did at the recently concluded Auto Summit ’12 in Delhi

It’s taken Transforma 8 years to generate compelling data from dealerships in India that assails deeply-held beliefs : qualifications guarantee quality. Pedigree assures output. Industry experience secures performance. But after having assessed some 50,000 from across the country, identifying those with high potential because of their inherent qualities and thereafter working with them for over 2 years, there is evidence of a quality and quantity that is hard to overlook. Of ordinary men. And their extraordinary deeds

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