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  • Will You Add? - Business Collaboration Through Real Value Chains

    How To Gain Lasting Recognition
    I recently came across a story which goes to prove and confirm what I have said in previous articles. That is, in order to be successful in your workplace or indeed business you need to work on developing your soft skills, i.e. your interpersonal skills, which includes your communication and the ability to deal with people effectively and efficiently.Your communication with people has lasting impact and is far more important, as ultimately it can determine whether you get hired for that dream job, or perhaps get that long awaited client.s of a chain. R-pM creates value chains by defining results as links in the value chain and the relationships between results as the interlocking of links into a chain.

    To understand where value is added we need to understand costs for each link and across the chain. The costs must be defined for all tangible and intangible solutions utilized at each link of the chain and must add up to the total cost for a link. The total costs of each link must add up to the total costs of the chain. R-pM meets this need

    Leaders Awake; This is Urgent and Important
    We have seen the headlines in every country from time to time. If something is not done about "A" then the country will suffer the bad consequences "B". We see and hear a strident call from government to get behind a display of leadership to take a little pain so to get a lot of gain in a few years.We have all also probably experienced it at some time in organisations we work for; the call to arms that tells us of an impending doom if we do not change our ways. And yet, nine times out of ten, it seems to me, the call is heard for a short ti
    Collaboration involves massive investments in systems, redefined processes, and data reconciliation. Collaborate by linking with your partner's value-quality chain for the best value-added.

    We hear a lot these days about problems with business collaboration. There is talk of a business chain to create shared value. I see contrived methods to link raw materials to a finished product that are called value chains, but they are chains with no value links. I have never seen a working example of successful business collaboration across a defined value chain. I have never even seen a real value chain established within the confines of a company. Does any company have a value chain linking all they do across the company that manages value, cost, and value-added at each link in the chain to come up with their own shared value at the end? If we cannot create a value-chain within one company, how can we hope to create a value-chain across companies?

    Conventional 20th century methods prevent definition of true value chains

    Conventional methods do not provide a way to define the precise links in the chain. Collecting costs is difficult even within one company since the high-worth capital is “intangible”, many costs are “unknown”, and capital is rarely managed as capital that incurs costs to create value. Costing is even more difficult across companies, since partners structure the capital consumed differently, and charge costs to different wrong things.

    To create shared-value, we need to understand value across a value chain. To understand value across the chain, we need to understand the links in the chain and how costs are incurred and value is created. We must understand the relative value of the links to the total value of the chain. Conventional methods prevent us from doing this, by managing contrived entities rather than the components of a value chain.

    R-pM enables definition of true value chains

    Result-performance Management (R-pM), enables value chains by defining and managing the components of a chain. R-pM creates value chains by defining results as links in the value chain and the relationships between results as the interlocking of links into a chain.

    To understand where value is added we need to understand costs for each link and across the chain. The costs must be defined for all tangible and intangible solutions utilized at each link of the chain and must add up to the total cost for a link. The total costs of each link must add up to the total costs of the chain. R-pM meets this need

    Top Five Habits for Career Success at Entry Level
    I am blessed to have some of the best bosses coach me when I first entered the working world. They passed to me what seemed like, at that time - pretty obvious things one would do when in the working world. What seemed pretty obvious as habits for career success isn’t always so. As you start on your career path you begin to forget some of the basic habits. Therefore, it is essential to drill these habits deep enough to remember them.As I progressed in the corporate world, I noticed that these are good habits that should be passed dow
    ss collaboration across a defined value chain. I have never even seen a real value chain established within the confines of a company. Does any company have a value chain linking all they do across the company that manages value, cost, and value-added at each link in the chain to come up with their own shared value at the end? If we cannot create a value-chain within one company, how can we hope to create a value-chain across companies?

    Conventional 20th century methods prevent definition of true value chains

    Conventional methods do not provide a way to define the precise links in the chain. Collecting costs is difficult even within one company since the high-worth capital is “intangible”, many costs are “unknown”, and capital is rarely managed as capital that incurs costs to create value. Costing is even more difficult across companies, since partners structure the capital consumed differently, and charge costs to different wrong things.

    To create shared-value, we need to understand value across a value chain. To understand value across the chain, we need to understand the links in the chain and how costs are incurred and value is created. We must understand the relative value of the links to the total value of the chain. Conventional methods prevent us from doing this, by managing contrived entities rather than the components of a value chain.

    R-pM enables definition of true value chains

    Result-performance Management (R-pM), enables value chains by defining and managing the components of a chain. R-pM creates value chains by defining results as links in the value chain and the relationships between results as the interlocking of links into a chain.

    To understand where value is added we need to understand costs for each link and across the chain. The costs must be defined for all tangible and intangible solutions utilized at each link of the chain and must add up to the total cost for a link. The total costs of each link must add up to the total costs of the chain. R-pM meets this need

    Internet Branding
    Having been in the franchising business all my life and understanding how hard it is to build a brand, I have probably read every other popular book on the subject. Some are good and most are excellent, as each one helps give you ideas on setting the stage for your brand marketing objectives. Branding on the Internet is somewhat new as before 1995 there was little if any Internet to speak of. One book I can recommend is:“11 immutable laws of Internet branding” by Laura Ries.This was a goods book. Where as I agree with MANY of the ru
    hains

    Conventional methods do not provide a way to define the precise links in the chain. Collecting costs is difficult even within one company since the high-worth capital is “intangible”, many costs are “unknown”, and capital is rarely managed as capital that incurs costs to create value. Costing is even more difficult across companies, since partners structure the capital consumed differently, and charge costs to different wrong things.

    To create shared-value, we need to understand value across a value chain. To understand value across the chain, we need to understand the links in the chain and how costs are incurred and value is created. We must understand the relative value of the links to the total value of the chain. Conventional methods prevent us from doing this, by managing contrived entities rather than the components of a value chain.

    R-pM enables definition of true value chains

    Result-performance Management (R-pM), enables value chains by defining and managing the components of a chain. R-pM creates value chains by defining results as links in the value chain and the relationships between results as the interlocking of links into a chain.

    To understand where value is added we need to understand costs for each link and across the chain. The costs must be defined for all tangible and intangible solutions utilized at each link of the chain and must add up to the total cost for a link. The total costs of each link must add up to the total costs of the chain. R-pM meets this need

    Pioneering Social Research: Knowledge Utilization and Longetivity
    IntroductionResearch may be considered a particular type of learning device by which the researcher as a learner tries to discover scientific truth. By discovering the truth the researcher is changed in his ability to deal with the environment and is actively contributing and guiding others to better deal with their environments. This view is supported by Eaton (1938), as quoted by Snelbecker (1974) who stated that “when a man has learned anything he is, for a time at least, changed in his readiness to deal with his environment. He has be
    a value chain. To understand value across the chain, we need to understand the links in the chain and how costs are incurred and value is created. We must understand the relative value of the links to the total value of the chain. Conventional methods prevent us from doing this, by managing contrived entities rather than the components of a value chain.

    R-pM enables definition of true value chains

    Result-performance Management (R-pM), enables value chains by defining and managing the components of a chain. R-pM creates value chains by defining results as links in the value chain and the relationships between results as the interlocking of links into a chain.

    To understand where value is added we need to understand costs for each link and across the chain. The costs must be defined for all tangible and intangible solutions utilized at each link of the chain and must add up to the total cost for a link. The total costs of each link must add up to the total costs of the chain. R-pM meets this need

    An Ethical Dilemma: How Should You Handle It?
    An ethical dilemma is when an incident arises that causes you to question how you should react based on your beliefs and deciding how to choose between right and wrong.Sometimes, an ethical dilemma might be easily solved once you have had a bit of time to think about it but in other cases, it might not be as easy.Perhaps you have been put into a bad position where you need to make a decision that will most likely have consequences regardless of what you decide.An example of an ethical dilemma is when a salesperson is guarantee
    s of a chain. R-pM creates value chains by defining results as links in the value chain and the relationships between results as the interlocking of links into a chain.

    To understand where value is added we need to understand costs for each link and across the chain. The costs must be defined for all tangible and intangible solutions utilized at each link of the chain and must add up to the total cost for a link. The total costs of each link must add up to the total costs of the chain. R-pM meets this need by identifying all the specific performance solutions utilized to produce each result and the rules for utilizing the solution. This allows the cost of each solution utilized to be charged to the result and added to the cost of each result link. The value-added is then known for each link and can be totaled across the chain.

    Each company in a potential business chain must first simplify the business to set up a true result-performance value chain, within the company:

    - Structure the company by defining results, including results links in the value chain, and results that manage or depend on the chain

    - Define relationships between results that link results into a chain

    - Define the relative value of results in the chain to the total value of the chain

    - Structure capital so that costs can be standardized and utilization of capital to create value can be known for each link in the chain

    - Develop a management capability to optimize the value-added for each result in the chain by managing value against the costs incurred to create the value

    Once companies establish result-performance value chains within the company and have gained management experience with the value chain, they can think of extending their value chains to customers, suppliers, and business partners.

    R-pM enables collaboration by relinking value chains

    Once we have value chains established in each of the companies that must collaborate, it is straight forward to re-link the value chain across the companies to determine what chain provides the greatest shared value for the lowest shared cost. Then business partners, using R-pM , can make the transition to the 21st century to collaborate in a real value chain.

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