Risk and value management Report Essay Example | Topics and Well Written Essays - 1750 words

Risk and value charge Report - assay ExampleValue management helps in developing an awareness for value in an organization and as well as focuses on targets and objectives seeking solutions to function on practical innovative outcomes. In this case, value management would appertain to development of value based systems, of aims and methods in the company TechWatt and developing skills and competencies in the staff members.Maximizing authority of a company by developing structures and functions appropriate to the value management principles would also be recommended. The judgment of value is leechlike on resources and needs of a company and satisfaction of these needs and resources would be dependent on management style, human dynamics and interaction, external and internal environment and effective methods and tools of achieving outcomes. The value management focus on management style highlights the importance of teamwork and communication, creativity, innovation, with focus on functional and customer coming and requirements. Considering the need for teamwork and cooperation, cooperative operating principles with enhanced meeting facilities and office space for many members of staff would be an important looking at of value management. Enhancing facilities for interaction and communication among members is very important and could be emphasized. Teamwork, communication as well as external and internal conditions and managers can consider value management perspectives to influence these conditions. tho means of achieving this outcome would relate to advance business decision making with improved services and products, better competitiveness, value culture and common knowledge, with development of multitask and multidisciplinary teamwork. The benefits of value management with the technological sector as relates to TechWatt would be associated with provision of services in public and private sectors. The people who could remain involved in this aspect of management