Substantial Benefit of Value Management
Positive philosophy of Value and Value
Management, can be applied as follows,
On any individual and affect one's career value.
On any project or case to produce 12 to 100 times better products.
On any business and affect its ability to survive in the market.
1.The value to individual
The Philosophy of value can determine a person's choice on value
and it can affect one's career development.
2.The Value to a project or case
Value researching cost is approximately 0.2% to 0.4% of the whole
budget. According to the stats, it can help to save budget at least
up to 5% to 20%. The average ROI will be bumped to 12 to 100 times
more than the traditional management.
3.The value on improving the speed of working
process and the creativity of new idea.
If the business does not include Value into the business plan, it
will lose the ability to compete and it will be forced into an unfavorable
4.The Value to Business Management.
Nowadays, if business can not create new ideas or improve the quality
of the management team to produce extra value, then they will be
forced out of the market.
5.The Value to Business Administration
Adapting the outer disadvantage environment factors and still manage
to create profit value is the only way to create a successful business.
6.The value of Cultural Philosophy
A long lasting business must have its own value standard that sets
to create the business's cultural philosophy and this philosophy
is thus the standard or the regulation they look up to when they
are executing tasks.