James B. Porter, Jr., Principal Consultant for DuPont Safety Resources, discusses project best practices and how to deploy them. For more visit, http://chenected.aiche.org
5. Differential Capital Allocation R O I C - Drive Earnings/Cash - Manage Share - Grow Modestly - Renew or - Maximize SVA - Maximize SVA - Shrink Investment - Time Exit/Participation - Grow Aggressively - Expand Customer Base - Innovate - Encourage/Track Closely - Manage Margin Improve - Expand Customer Base - Nurture and Grow - Make the Calls Support Facilities Growth (Historical Potential )
6. BUSINESSES E N G I N E E R I N G WHAT WHEN WHERE • Businesses Lead Cross Functional Project Teams to Do FEL and Determine “What, When, Where and How Much.” • Engineering Develops the Most Competitive “How and Who” and Supports FEL and Project Execution. • Requires Mutual Accommodation and Collaboration to a Higher Degree than Ever Before. Project Work Processes How Much How Who
7. Seven Critical Success Factors 2: Manage Teams for Success 6 : Ensure SHE Excellence 1 : Set Up Teams for Success 3 : Front-End Load Opposite Business Goals 7 : Execute Project With No Changes 4: Utilize Competitively Superior Technologies 5 : Minimize Non-Value Adding Investment How? Project Timeline
8. Delivery Effectiveness Strategy Shift From Coopetition Leveraged Resources Contractors/Suppliers Operations Resources To Collaboration Operations Resources Leveraged Resources Contractors/ Suppliers
9.
Editor's Notes
DuPont’s core values are the compass points that guide the company in all its decisions. They are not optional but form the foundation of everything we do.