Balanced Business System

By Vadim Kotelnikov, Inventor & Founder, Ten3 BUSINESS e-COACH Innovation Unlimited!, 1000ventures.com

 Yes! You are in the right place!

This site is Ranked #1 by Google for

"Balanced Business System"

out of about 75-million-wide (!!!) competition!

"Everybody talks about the weather, but no one does anything about it."

– Mark Twain

  

Enterprise Strategy Customer Satisfaction Innovation Management Business Process Management (BPM) Ten3 Business e-Coach: why, what, and how 1000ventures.com Balanced Approach to Business Systems Cash Flow Analysis The Power of Balance Balanced Business System

Balanced Scorecard Framework

  1. Financial Perspective: To succeed financially, how should we look to our shareholders?

  2. Customer Perspective: To achieve our vision, how should we appear to our customers?

  3. Internal Business Process: To satisfy our shareholders and customers, what business processes must we excel at?

  4. Learning, Innovation, and Growth: To achieve our vision, how will we sustain our ability to create value and improve?

For each of the above four questions, provide answers in terms of:

  • Objectives

  • Measures

  • Targets, and

  • Initiatives

Business Architect Synergy Systems Thinkins Balanced Business System Sustainable Growth Strategies Managerial Leadership Building a Winning Organization Enterprise-wide Business Process Management Innovation System Vadim Kotelnikov Cross-functional Excellence 6Ws of Sustainable Growth Pursuing Opportunities Fast Company Strategic Management Sustainable Growth Customer Value Creation Corporate, Vision, Mission, Goals Shared Values Sustainable Competitive Advantage Enterprise-wide Business Process Management Innovation Management Marketing and Selling Corporate Leaders Team Building and Teamwork Customer Partnership Vadim Kotelnikov Change Management Market Research Know WHAT: Balanced Business System Know HOW: Business Model Enterprise Strategy People Power Sustainable Value Creation Road-mapping Strategic Leadership Corporate Capabilities Competitive Strategies Winning Organization Management Employee Empowerment Partnerships Sales Success

Business BLISS

Balance – Leadership – Innovation – Synergy – Speed

  • Balance: Balance top-line growth and bottom-line results, the whole and the parts, internal and external... More

The Tao of Business The Power of Balance Yin and Yang Ten3 Business e-Coach: why, what, and how Balanced Approach to Business Systems Outside-In Company Competitive Strategies Sustainable Growth Efficiency Improvement Venture Strategies Enterprise-wide Business Process Management (EBPM) Managing Innovation vs. Managing Operatons Innovation Management Effective Leadership Employee Empowerment Performance Management Winning and Retaining Customers Customer Services Coaching Your Customers Change Management Adaptive Organization Creating Change Partnerships Pearls of Wisdom: East meets West Managing Cross-cultural Differences Harnessing the Power of Diversity Vadim Kotelnikov (personal web page) 1000ventures.com Harnessing the Power of Diversity Customer Partnership Opportunity-driven Business Development Modern Management Working ON Your Business Coaching Energizing People Anticipating Searching for Opportunities Pursuing Opportunities Rapid Experimentation

 Discover much more!

Smart Corporate Leader

Smart Business Architect

Look at Your Company from Outside In As Well As Inside Out

Sustainable Growth Strategies

6Ws of Corporate Growth   Free Micro-course

Marketing and Selling 360

Enterprise Strategies

3 Strategies of Market Leaders

Competitive Strategies

Business BLISS

Winning Organization

9 Signs of a Losing Organization

Balanced Organization: 5 Basic Elements

Innovation-friendly Organization

Innovation

Innovation Success 360

7 Dimensions of Strategic Innovation

Free Ten3 Micro-courses

Business Success 360

6Ws of Corporate Growth

  Ten3 Mini-Courses   Presentation:    View    Download

The Tao of Business Success  (40 slides)

Business BLISS  (70 slides)

Systemic Innovation  (150 slides)

Smart Business Architect  (150 slides)

 

Why Balance?

Balance is about how you live your life and manage your business and people.

Finding the right balance in your your life and your business will help you refine your goals and hasten you towards them.

What is Business Systems Approach?

A business is more than finance. Performance measures need to be aligned with the organization's strategy.

The Business Systems approach considers business as system of interrelated factors of strategy, owners, investors, management, workers, finance, processes, products, suppliers, customers, and competitors.

Organizations prosper by achieving strategy that is implemented as a result of continuous decision-making at all levels of the business. Firms implement strategy through balancing the four major factors or perspectives:

  1. Financial perspective

  2. Customer perspective

  3. Internal business process perspective, and

  4. Learning, innovation, and growth perspective.

The four perspectives permit a balance between short-term and long-term objectives, between outcomes desired and the performance drivers of those outcomes, and between hard objective measures and soft subjective measures.

Balanced Organization: 5 Basic Elements

Leadership (Fire):

The Growing Role of the Business Architect

In today's knowledge- and innovation-driven complex economy, business architects are in growing demand.  They are cross-functionally excellent people who can tie several silos of business development expertise together, create synergies, design winning business model and a balanced business system and then lead people who will put their plans into action... More

Achieving Strategy through Balancing Competing Values

The primary goal of any business is to increase stakeholder value. It is achieved through a dynamic balancing of competing values. In order for a business to maximize economic value, it must balance customer satisfaction and competitive market forces with internal cost and growth consideration.

 

Systemic Approach to Innovation

Until recently innovation has been seen principally as the means to turn research results into commercially successful products, but not all research leads to innovation and not all innovation is research-based. Innovation is systemic. It arises from complex interactions between many individuals, organizations and their operating environment. Firms which are successful in realizing the full returns from their technologies and innovations are able to match their technological developments with complementary expertise in other areas of their business, such as manufacturing, distribution, human resources, marketing, and customer service... More

Balanced Scorecard

The Balanced Scorecard is a framework for designing a set of measures for activities chosen by you as being the key drivers of your business.

By having four distinct perspectives (financial, customer, internal process and innovation and learning) it promotes a more holistic view of the business.

Customer Perspective

Customer is defined as anyone who receives that which is produced by the individual or organization that has value. A customer focus - as opposed to "customer driven" or "market driven", - both internal and external, implies that you don't just respond to what customers say they need and want, but you apply your own body of knowledge acquired from years of experience and study, in addition to your best knowledge of the customer, to deliver a product or service that will exceed customer expectations, achieve delighted customers and lead to customer success.1

Results-based Leadership

Results-based leadership has relentless emphasis on results in the four areas:

  1. Employee results

  2. Organization results (learning, innovation)

  3. Customer results (delight target customers)

  4. Investor results (cash flow)...More

6Ws of Corporate Growth (Ten3 Mini-course)

 

 Discover much more in the FULL VERSION of e-Coach

The Power of Balance...

Systems Thinking...

Your Cross-functional Excellence...

Inclusive Company...

Balancing Dynamic Organizational Dichotomies...

Systemic Innovation...

Corporate Innovation System...

Delivering Balanced Results through Coaching...

Practical Guidelines for Conducting Knowledge Management in SMEs...

Links Between Individual Learning, Collective Learning and Ethics...

Systemic Innovation...

Continuous Innovation Strategy...

 

 

 

 

 

 

References:

  1. "The Basics of Leadership", Merlin Ricklefs

  2. "Balanced Scorecard In a Week", Mike Bourne and Pippa Bourne

  3. "Managing Complexity", Robin Wood

  4. "Effective Coaching", Myles Downey

  5. "Smart Corporate Leader," Vadim Kotelnikov

  6. "Smart Business Architect," Vadim Kotelnikov

  7. "Modern Manager," Vadim Kotelnikov

SMART Business Architect (Ten3 Mini-course)

Map

Ranked #1

Search

Testimonials

Free Downloads

  Products

SMART Learning

Training

 Contact

We invented Business e-Coaching in 2001

Today, we have customers in 100+ countries!

Our customers:

3M, ABB, Adidas, Alcatel, American Express, Bayer, Boeing, British American Tobacco, BP, Canon, Cisco, Citigroup, Colgate, Corning, Deloitte, Ernst & Young, Fujitsu-Siemens, GE, Goldman Sachs, HP, Hitachi, Huyndai, IBM, Intel, Johnson & Johnson, JP Morgan Chase, KPMG, Lufthansa, Microsoft, Motorola, Nokia, Oracle, Samsung, Shell, Siemens, Sony, United Bank of Switzerland

Ten3 Mini-courses: SMART & FAST sets Full version of Ten3 Business e-Coach Ten3 Business e-Coach (home page)

Ten3 Business e-Coach, version 2008

Inventor, Author & Founder – Vadim Kotelnikov

© Vadim Kotelnikov, GIVIS