Value Based Management

If you are searching for any of the following topics:

• Value Based Management
• Economic Value
• VBM
• Change Management

Look no further. You'll find it at Value Partnership!

We help our clients to develop their organisation and people as a sustainable source of value creation (VC):

• We are not a conventional consulting firm with a predominantly analytical focus. Our great strength lies in our understanding of organisations and how they change. This is as much about intuition and experience as it is about good analysis.
• We work with clients to understand the relationship between behaviour and value performance (VP) in their particular organisation. This partly derives from an analysis of cause and effect to establish how various performance measures impact on VP (identifying the 'value drivers'). Beyond this it requires a deeper sense of the organisation and how it works. Potentially thousands of people in many locations and diverse functions are making a continuous flow of decisions that create and destroy value every day in a typical firm. We help people to understand how to align the efforts of the workforce.

We believe:

• Value is only created when there is a wider sense of purpose - you do not create value by focusing on VP alone.
• The key to sustainable value creation is an organisational and business model that sustains a capacity for innovation and change - companies like ABB, 3M and Hewlett Packard have consistently achieved this.
• Every Company needs to find it's own path to VC that reflects their markets, strategy and organisation - there is no 'right way'.

We work with clients to:

Understand what creates value in their business and how the current organisation impacts on value creation.

The key to sustainable VC is an organisational and business model that sustains a capacity for innovation and change - companies like ABB, 3M and Hewlett Packard have consistently achieved this.

Benefits of working with us include:

• Our extensive track record in developing organisations to create value.
• All our consultants have rich knowledge and experience.
• We focus our experience where the client most needs our help.
• We leverage the existing capabilities within the organisation.
• Clients are not faced with huge consultancy costs in relation to the substantial contribution we make.

Our assignments have included:

Working on organisational re-design and change process to create value accountabity and focus at the operating level.

Supporting the integration of major acquisitions to ensure the process is successful and the resulting organisation combines the strengths of the companies involved and creates value for shareholders.

Designing and running developmental programmes to enable managers to shift their mindset and behaviour in line with the value mission.

Barclays goes for VBM:

Lloyds, one of Barclay' key rivals in UK banking, has been using value based performance measures for years. Barclays confirmed it would follow suit this week. Barclays managers have apparently identified over a billion pounds of cost reductions between now and 2003 as well as big sales opportunities in areas like mortgages. The business is being split into 30 business lines to achieve greater transparency of value performance and clearer management accountability.

The art of VC is to work out how to approach the challenge given the particular circumstances of your business. This is as much about interpretation as it is about rational analysis. There are few facts available about the future and developing an organisation requires skills in 'reading' and interpretation. We believe there are five areas to consider in any given context:

1. Strategy
2. Performance management
3. Organisation
4. Change management
5. Power and politics

These areas are built into the Value Diagnostic we have developed. These are the areas that we work through with managers to help them to evaluate the next steps they need to take if they are serious about creating value. We have developed a series of questions and activities for individuals and teams to work through. If you want a taster, we run a half-day Value Workshop for managers and teams so that they can understand what is involved and work out how they would want to approach it.

At Value Partnership, you'll discover an easy to use, information packed web site. Click here to learn more about Value Based Management.