Select profitable business relationships
20% of business relationships account for 80% of value or business profit
Compare business partners
Visually collate data and information about business partners and compare
Informed business decisions
Share and collaborate with colleagues to gain consensus
Apply the 80/20 Principle
I am sure you are familiar with the 80:20 principle….80% of outputs results from 20% inputs, that 80% of consequences flow from 20% of causes; or that 80% of results comes from 20% of effort.
Creating value from visual collaborative working is no different… 20% of business relationships account for 80% of value or business profit. So it’s really important for you to identify where in your organisation and externally, which business partners will deliver the most benefit when taking a visual collaboration approach.