One of the commonly bandied about phrases is 'added value'.
This has led to a number of analyses to be done for businesses when considering
how they can make improvements. If the improvement actually delivers a real
benefit then it can be considered to add value, for example:
If you save someone's time on doing something, but don't get
them to do something else that makes profit then you haven't realised a benefit
- you are still paying them the same.
On the flip side if you reduce shift working / overtime
thanks to an improvement then that is a real saving.
If the improvement allows you to do something strategic, but
that doesn't ultimately make your business a better place to work or create
more profit then you haven't made an improvement.
Smartspeed Consulting Limited
Taking the frustration out of on time delivery.