How to define the value of value in value management, strategic value, value propostions, value chains, and other values
What is the value in value propositions, value creation, value chains, value management, and all the other values we hear about?
What is the definition of value in an enterprise? We hear about shared value from business collaboration. What value are we sharing? How do we calculate shared value? Value is good for the salesman hype, but the many definitions and ambiguous usage devalues value.
Is value a business measurement or is it calculated through contrived formulas?
Value is a label that is kicked around a lot and applied to many things. Anyone can talk about value and come up with a definition. We end up with many definitions and methods of calculating the same value. Value chains are contrived methods to connect suppliers to products, with no value in the links. How can we have value chains for business collaboration, when we have no real value chain within a business? The problem is that our conventional methods prevent us from understanding value as a manageable number for accounting and reporting.
What is the real definition of value that must be managed in a value chain?
We need a method that precisely defines value, enables consistent use of value, and provides value as a useable management metric. Value chains provide us with a valuable tool, if we could define the value of every link in the chain, the cost of creating the value in the link, and the value-added at each link for business collaboration with other companies and shared value across the chain. But, again, we cannot do this with conventional methods. We need a new breakthrough to give real value to value in the enterprise.
Result-performance Management (R-pM) shows how to organize and manage value chains to make value a valuable management metric
Now, there is Result-performance Management (R-pM). R-pM shows the breakthrough method to manage value to produce result value-added that starts from the supply chain and leads to final results that the customer pays for. Learn the Basics of R-pM from articles under that category, or join the R-pM community to download information on R-pM.
21st Century Management eliminates 20th century problems
Result-performance Management (R-pM) eliminates value management problems and other costly 20th century problems. Slash overheads and costs, simplify business management, and boost competitive advantage through R-pM, the conventional method for 21st Century Management.
Download your 21st Century Management Manual today
Your 21st Century Management Manual, The R-pM Toolkit, is available today and is under continual development to expand and refine 21st Century Management. The R-pM Toolkit is offered at a nominal price to encourage wide use of R-pM. Get your R-pM Toolkit, and future updates, at result-performance-management.com.
