If you want to maximize the aggregate performance of your
company, you must make sure that every
component of your business system (object, process, function, etc.) generates
the maximum possible amount of aggregate
value - financial, functional and emotional - for your stakeholders.
However, you have three key components that have the primary
responsibility for generating this aggregate value - with financial value to
your shareholders being ‘the first among the equals’):
·
Your corporate brands
·
Your corporate products
·
Your corporate services
Hence, in your comprehensive business analysis project you
will need to pay a special attention to these three aggregate value generators.
It is important to note that you will need to optimize not only your brands,
products and explicit services that you offer for a fee or for free to your
clients and some of your other stakeholders.
But also the implicit
services that you offer to all of your stakeholders (specific for each
category of stakeholders or even to a particular stakeholder). These implicit
services always exist, because if an
individual or an organization is a stakeholder in your company, then by
definition your company provides certain valuable services (explicit or
implicit). Services that create aggregate value for your stakeholder in
question.
To maximize its aggregate performance, your company maximize
the aggregate value that it creates for its stakeholders. Hence, you must
maximize the aggregate value of your brands, products and both explicit and
implicit services to your stakeholders.
The best way to do that is to make your implicit services
explicit (by providing a formal and well-structured description for each
implicit service) and to manage and optimize each explicit service in exactly
the same way you manage and optimize your explicit services.
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