News Item: : Taskforce Objectives
(Category: Taskforce Objectives)
Posted by admin
Sunday 14 January 2007 - 05:21:37
Taskforce Objectives
Wasting costs and wasting time decreases shareholder returns and creates revenue/growth opportunities for rivals. Today, the majority of wasted costs, wasted time, lost revenue, depressed earnings and shareholder value are the direct result of ineffective or inefficient knowledge (finding information, reading, etc), collaboration (phone calls, meetings, etc), leverage (errors, rework, travel, etc), or structural activities (absenteeism, sick leave, etc).
The Intangible Intelligence Cost to Value Taskforce is creating cutting-edge web-based infrastructures to measure this wastage on an activity-by-activity basis so that executives can find new ways to cut costs, increase revenue, and boost market value and share price.
Through the deployment of web-based systems with inbuilt scenario analysis, it is now possible to financially value and financially report:
1. Cost Wastage
2. Lost Revenue
3. Shareholder value losses
4. Ineffective activities
5. Employee Disengagement
6. Employee Stress & Engagement
7. Leadership Effectiveness
8. Performance Improvement Potential
9. Knowledge Value
10. Collaboration Value
11. Leverage Value
12. Project Value
13. Employee productivity
The above can be done within any division, unit, department, or workgroup of your organization, in terms of:
1. Wage Costs
2. Non-Wage Expenses
3. Revenue
4. Total Costs
5. Earnings
6. Shareholder returns
7. Market value
8. Intangible value
9. Share price
10. Earnings per share
11. Return on assets
12. Return on equity
13. Return on investment
14. Price to Earnings Ratio
15. Return on intangibles
16. and more
Mission Critical Issues: Real Benefits
Due to ineffective and inefficient knowledge, collaboration, leverage, and structural activities, it is possible that your organization could be wasting up to 25% of its costs each year. That is, could amount to a substantial amount of wastage that is 100% avoidable.
The first step in avoiding this cost wastage is to know that this wastage is occurring – each and every day of the year, across all divisions and units in your organization. The Taskforce’s web-based infrastructures, formed in accordance with international intangible standards, executives can uncover cost, revenue, earnings, market value, and share price wastage and financially value and report it.
Imagine the competitive impacts.
If your competitors can identify the financial losses of wastage related to cost, revenue, time, earnings, market value, and share price and your organization cannot, your organization is at a serious competitive disadvantage:
• Whilst you are working hard, they will be working smart.
• Whilst you are wasting time and costs, they will not.
• They will gain the customers you lose.
• They will be using their existing workforce smarter and more effectively than yours.
• Over time, this will translate into them winning, and you losing.
Can your organization afford this? By joining the Taskforce as a pilot participant you gain pre-market access to these systems and can reap benefits before your competitors do.
Gaining Taskforce Benefits
To become a taskforce member, please join this website.
This news item is from Intangible Intelligence Cost to Value Taskforce
( http://standardsinstitute.org/ctv/comment.php?comment.news.comment.2 )