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20 topics of business value created by BVOP and explained with examples

In 2018, BVOP.org officially published the 20 topics of added business value in organizations, projects, and teams. Reference: Business value in organizations and adding business value to projects and products

The article shares the topics and offers explanations for many of them.

BVOP is the abbreviate of Business Value-Oriented Principles.

Business Value-Oriented Principles Ltd.
United States

Full address: 766 5th Ave, New York, NY 10019, USA
Web: BVOP.org
Email: contacts@bvop.org

United Kingdom

Full address: 148 High St, Scunthorpe DN15 6EN
Email: partners@bvop.org

Canada

5796-5718 Avenue Déom, Montréal, QC, H3S 2N4

Relationship between business and people

The most important thing in my personal ideas is that a business must be from people and for people. I believe in general, in its most original form, business must bring “added value” to the life and progress of mankind. With this “added value” and tools for development (personal, scientific, etc.) businesses to make a profit; Reference: Managing business organizations and adding business value. An Agile Manager’s Guide to the Theory of BVOP.org, (PolicyMatters.net, 2020)

Behavior, skills and maturity of employees:

It is good for some employees to know exactly what they are investing their time in in a company and to respect the time that the company invests in them. They also need to know that their work must have some purpose other than a purely financial unilateral benefit;

Human relations

Many optimization processes and many mistakes, moments of conflict, would be saved if the relations in a company between a colleague are human. By human, I personally mean comradeship and collegiality, not familiarity. To get into a situation and have an understanding that we work together for a common goal;

Usability, usefulness and value of the products

This is a supplement to item 1. It is good for me that the product offers an opportunity not only for some progressive and positive change, but also (even if it is material) to carry a symbolic value that arouses positivity in the consumer;

Innovation

The only constant is change. Definitely a company must be innovative and accept thinking “outside the box”;

Organizational culture

Organizational culture provokes people to be proactive, to contribute, to share and to be aware of the business goals of the organization. – when the actions of the management coincide with their words and there is an assessment of the qualities, the personality of the workers. And workers try to always be up to standard and maintain professional etiquette. I have seen in such cases this example happen; Reference: Examples of Business value-added for organizations, projects, and products, mstsnl.net, 2020

Modernization and innovation

Modernization and innovation. – applying a mix of the saying “if it’s not broken, don’t fix it” and adjusting what works with today’s dynamics;

People

The people in the organization show respect for each other and work productively – maturity and understanding of the participants that they are all professionals who have come together to solve a certain important case, and not to prove who can do more than others;

The number of people leaving the organization is limited to a minimum – a response to the first example;
Conflicts and negative environments are minimized – a response to the first example;

The image of the organization increases – when the organizational culture is strong, often the quality of work is high. Even in difficulties, the cohesion between the people in the company and the general professionalism push the difficulty;

Everyone in the organization is constantly improving their personal and professional qualities – when the individual believes that he is investing himself in something that has a future and meaning in a long and extensive aspect, rather than a monthly salary.

Team Members

Team members look for and remove obstacles without waiting for management to do so – answer previous question (organization image)
The management and the members of the team work together to optimize the processes and speed up the development time – the working maturity of the people in the company, evaluating the work of the other parties;

Expenses are managed and planned carefully – the management respects its payment arrangements, encourages additional investment by the employee with a bonus system, and the employee has the dignity to fight for his salary, not to “slack”.

Tools and the environment

Tools and the environment are constantly improving – it is not possible to constantly improve, but everyone must be open to change and patient with the process of change;
Unnecessary documents, processes and communications are avoided – openness on the part of management that they are not leaders, and Indian workers are rather responsible professionals who want to contribute to positive change, and workers to accept that management does not want to exploit them and that they are people who face difficulties like them;

Problems

The main causes of problems, defects and obstacles are analyzed, tracked and eliminated – with frequent, short, comradely meetings between leaders and participants;
Quality standards are followed and implemented without significant loss of time and resources – the desire to work at a professional level, not a beginner;

Exhaustion is managed and teams do not spend too much time in trivial tasks – an idea more time for quality breaks and work not to interfere in the personal life of the individual during the absence from the office (rest, sick leave);

Documentation

The documentation and requirements are created and maintained in an easy and convenient style, so that everyone understands them easily and saves time from unnecessary discussions and misunderstandings – yes, the responsibility of the HR to be creative:
Meetings and discussions do not lead to a waste of time and always lead to desired results – decentralized, short and frequent meetings with a focus on the goal;

Product development

Product development focuses on the most important goals and needs – what added value will contribute to the company, team and consumer to require such focus and need for success;
All results, concepts and versions of the products are validated with real users, and the risk of an unwanted product is limited – previous answer;

  • Customer and customer satisfaction is constantly growing – a higher response (product development…)
  • Building an environment that encourages making mistakes and learning from them;
  • Encouraging and helping the participants in the company to have a quality rest;

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