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Icon / Name
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Information
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Example
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Value Creation Plan
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- One Value Creation Plan will exist per Company but this will be split up by Financial Year
- The plan is a graphical overview of goals, objectives and actions, mapping out exactly how value will be created
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Value
Driver
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- Top level goals within the Company
- Measured (Targets set with Number, Percentage or Monetary value)
- Value Drivers will have at least one Action (Mandatory) but can also have Objectives (Optional)
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“We want to achieve £3,000,000 in
new sales this year”
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Objective
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- An Objective is an Outcome you aim to achieve
- Contain Actions which need to be updated
- Measured (Targets set with Number, Percentage or Monetary value)
- Objectives linked to Value Drivers are Operational Objectives, if linked to Existing Objectives they are Supporting Objectives
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“Achieve new sales to existing customers of £250,000”
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Initiative
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- Like an Objective but not measured with KPIs
- Contain Actions which need to be updated
- Useful for grouping actions to be carried out by different people
- A Value Driver / Objective will change to show as an Initiative if the KPI Tracker is not being used.
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“Health & Safety
Training”
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Action
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- Lowest level object in a Value Creation Plan.
- Need to be assigned to a team member so they can be updated
- At least one Action is required per Value Driver / Objective or Initiative
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“Create a new marketing campaign for all
existing customer demographics within
the United Kingdom”
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Execution Status
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- Shown as the S curve with a percentage
- Completing, removing or updating the % for an Action will affect the Execution Status (Progress).
- If the Execution Status shows on the top left of the screen you can click to see a detailed breakdown of the Actions which contribute to the Progress.
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Overview
Result
Status
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- Only shown on top left of My Space
- Shows the average results for Objectives where you are the owner (Not visible if you do not have Objectives assigned to you).
- If the Result Status shows on the top left of the screen you can click to see a detailed breakdown.
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Objective
Result
Status
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- Applied to Value Drivers or Objectives once Results Tracker configured
- KPI Measure - Based on the Results entered against the Target set when created.
- If the Result Status shows on the top left of the screen you can click to see a detailed breakdown.
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Company Result Status
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- Configured to track the value of the strategy in the Value Creation Plan (VCP)
- Uses selected Objectives and a weighting to calculate the result status of the VCP.
- If the Company Result Status shows on the top left of the screen you can click to see a detailed breakdown.
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Owner
/Deputy
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- The person responsible for a Value Driver, Objective, Initiative or Action, including updating the Results
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- Deputy nominated in addition to the owner who can also make updates, including the Results
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Valuation Formula
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- A formula used to calculate an estimation of the value of a company / asset.
- This formula is configured per company as the valuation uses different objectives specific to each asset.
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Investment Director
/ Deputy
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- The person responsible for approving the actual KPI results
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- Deputy nominated in addition to the Investment Director as someone who can also approve KPIs.
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