Business value is the most important indicator in organizations and their projects. Teams and people in business firms, as well as middle and senior management, can all participate in raising business value. Human resources are at the heart of everything.
The article explains the examples of business value-added created by BVOP.
Human resources – The most important function by which the human resources in a company are rationally utilized to achieve the goals of the organization in the best way.
Innovation – Developing innovations in different areas such as psychology and health, management, production automation and management systems, improve the overall project implementation and increase the efficiency of the human factor. Innovative approaches such as the development of new methodologies for personal and organizational diagnostics to evaluate employees’ creative qualities are of great importance.
Overall contribution – Through the planned deployment model of human resources and activities, make the organization capable of achieving its objectives. The overall contribution guarantees the competitiveness of organizations, their growth, and sustainable development.
Employee Behavior, Skills, and Maturity – Employee attitude, behavior, knowledge, experience and skills are essential to the prosperity of an organization. The formation and improvement of these qualities are aimed at providing the necessary labor force following the requirements for the fulfillment of the work tasks.
Business-People Relationships – Relationships are essential for any successful business. All businesses require marketing research and networking to make a profit. Contacts, diplomatic relations, and negotiations are prerequisites for good cooperation. Forming new and long-lasting business-client relationships often raises the chances of a good partnership and successful business.
More examples of business value added by BVOP
- Organizational culture
- Human relations
- Customer and customer satisfaction
- Reduction of surpluses in the organization and among the teams (time, money, work)
- Time to reach the market
- Utility and value of products
- Reduced production processes
Organizational culture provokes people to be proactive, contribute, share and be aware of the business goals of the organization.
Good organization and management, well-established strategies and definition of clear business goals are needed in the company.
Modernization and innovation.
The development of innovations and modernization in different directions of the business leads to improvement of the overall realization and productivity, as well as an increase in the efficiency of the human factor.
People in the organization
People in the organization show respect for each other
and work productively. A good mental climate based on mutual respect, collegial and correct relationships, motivates employees, and gives good results in work.
The number of people leaving the organization
The number of people leaving the organization is limited to a minimum. When employees feel valued and respected in a company, they are more productive, and lack of fluency is good advertising for the organization.
Conflicts and negative environments are minimized. A relaxed work environment predisposes to a greater concentration of attention in the performance of tasks and higher performance.
The image of the organization is increasing.
The level of organization is important for competitiveness. With well-established rules and procedures, rights and obligations, and compliance with them, the image of the company will increase.
Improve personal and professional skills
Everyone in the organization is continually improving their personal and professional skills. The desire of employees to enhance their personal and professional qualities has a positive impact on themselves and their effective work in the organization.
Team members look for and remove obstacles without waiting for management to do so.
When there is sharing, good communication and communication, and the ability to achieve results in the interest of work, the organization will progress.
Management and team members work together to streamline processes and accelerate development time.
Teamwork skills and good teamwork are an important honor for an organization’s progress.
Costs are managed and planned carefully.
Well thought out costs, without unnecessary risks, are a good policy for the financial stability of an organization.
The tools and the environment are constantly improving.
These management factors have a positive impact and produce good results.
Unnecessary documents, processes, and communications are avoided.
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This maximizes time utilization and results in increased productivity.
The Business Value-adding – Part 2
The main causes of problems, defects and obstacles are analyzed, tracked and eliminated.
Analyzes and strategies for eliminating potential obstacles and problems is an integral part of the company’s management.
Quality standards are followed and implemented without significant waste of time and resources.
Active monitoring of quality standards and good work mobilization leads to successful production.
The fatigue is managed and teams do not spend too much time on trivial tasks.
Workflow optimization and a good work environment are prerequisites for completing tasks on time and for quality performance.
The documentation and requirements are created and maintained in an easy and convenient style so that everyone understands them easily and saves time from unnecessary discussions and misunderstandings.
Save time from the preparation of the necessary documentation without unnecessary requirements and additional documents, optimizes the workflow and avoids unnecessary stress.
Meetings and discussions
Meetings and discussions do not lead to a waste of time and always lead to desired results.
Business communication, meetings, negotiations and discussions on important work-related strategies increase the company’s potential for development.
Product development focuses on the most important goals and needs.
Proper evaluation, planning, and implementation of the set goals on time contribute to the prosperity of the organization.
Product concepts and results
All product results, concepts and versions are validated with real users and the risk of an undesired product is limited.
Quality performance in the workflow is crucial for the productivity and sales of goods and services. A prerequisite for a good profit.
Customer and customer satisfaction is steadily increasing. It leads to good company image, good competitiveness and growth.
Employees receive periodic training, exchange of experience, supervision and certification. Motivation is developed for achieving optimal results at work, updating knowledge and skills, satisfaction with belonging to the team.
Flexibility in taking up a work position – relocation, promotion and career of staff, bonus system for development.
A flexible model of work activity, interchangeability and broader competencies for performing different types of activities are being built. Development opportunities.