Business & Finance Entrepreneurship-startup

What Are Actionable Business Values?

    Easy to Distribute

    • An organization may take the time to create actionable business values and teach them to all employees. They might be posted on the company website and in conspicuous places such as the breakroom. Immovable deadlines are an example of an actionable business value. Employees know these regular deadlines will be created by managers and cannot be changed, so employees can plan their workloads around them. Managers might require assignments to be submitted every week or two weeks.

    Easy to Model

    • Actionable business values are easy to model. A chief executive might teach a new value to managers, but his success is measured by his ability to get others to carry out the value. It is up to the managers to effectively model the business value for staff members. After an initial period, employees must be held accountable for modeling this business value in their daily jobs. If managers don't expect employees to exhibit an actionable value, it will have questionable importance in the organizational culture.

    Spurs Timely Decision-Making

    • Another example concerns the organization that uses information system data for timely decision-making. An organization might have a business value of reducing information latency. This organization values a small lag time between when information about a business event is collected and when a decision is made regarding to act or not act in response.

    Increases Responsiveness

    • Business values are useful if they increase the way a firm responds to its environment. Consider how a manager responds to many requests for information and decisions, which are easily overwhelming. A manager might be overwhelmed by information sent by people through various technologies, including email and voicemail. A manager must prioritize which messages to respond to, and this could mean she must ignore messages to give full attention to the most important things that need to be addressed so the organization is responsive.

Related posts "Business & Finance : Entrepreneurship-startup"

How Much Does a Surgical Tech Make in Florida?

Entrepreneurship

What Do the Numbers Mean on New Balance Shoes?

Entrepreneurship

How to Become a Notary in Flint, Mich.

Entrepreneurship

Why I Became a Scentsy Consultant

Entrepreneurship

Can You Really Succeed in the Vending Machine Business?

Entrepreneurship

7 Undeniable Facts to Fuel Your Entrepreneurship Spirit

Entrepreneurship

How to Maintain Professionalism

Entrepreneurship

Onsite SEO For A Phone Sex Website

Entrepreneurship

Entrepreneur - What the Heck is That?

Entrepreneurship

Leave a Comment