Nearly 200 US Business Roundtable CEOs adopted the stakeholder approach to value management. Now the tough work begins! There will be large-scale external resistance, internal company friction, and massive public skepticism. Most company transformation efforts fail to deliver intended results after all . Moving from a shareholder- to a stakeholder-based approach to value management requires much more than a statement of intent. It requires a wholesale paradigm shift in companies. A “new way of thinking” about value and value management. Use the Integrated Value Process (IVP) to direct your company’s value efforts. Read More
Language shapes how we think and what we “see”. Using partial definitions of value restricts one’s ability to “see” value in its multiplicity. It also inhibits one’s efforts to communicate value with others. The resulting misunderstanding / mistranslation lead to misalignment of efforts / activities across your firm. Misalignment is compounded across your value chain. Value gaps result.
Is your company a Tower of Babel? Remember the lessons from scriptures. Don’t let your value management efforts result in confusion, chaos and ruin! Use the Integrated Value Process (IVP) framework to optimize value flows across your enterprise and your value chain. Read More