BN – Look ahead
ING. JAN HUŠEK, Ph.D.:
“Our goal is that our managers spend their time managing their company and not struggling with numbers and charts.”
Indeed, can anyone quickly achieve his visions in an environment where the competition puts pressure from every corner and market conditions change constantly? Is it possible to interconnect all key processes into one which could provide relevant information enabling prompt decision-making? And can we, for example, test its impacts to minimize the risks of failure? Such a concept indeed exists – its name is Business Navigation (BN) and it has a software solution – Business Navigation System (BNS).
What makes this concept unique?
Basically, it is the way it is built. Business management is, has always been and always will be shrouded in mystery. Therefore, it is only hardly graspable. Every manager feels differently about the firm for which he or she works. The system of interconnected inquiries in the Business Navigation concept will help determine what you need, even if your initial idea is not really precise. We will try to understand the management’s ideas and objectives and we will translate them into strategic plans. Only after this can we start searching for the most effective and simplest implementation process. Hence, the uniqueness of BN lies in its understandability, simplicity and possibility for long-term development.
Won’t all companies be able to handle their visions by themselves?
It’s common knowledge for each manager that without well interlinked business, profitability, finances, sources and a perspective on the future, no business management can succeed in a long-term horizon. These links cannot exist without a clear methodology and a readily understandable, user-friendly software system. BNS can easily and quickly interlink connections among all key processes that the human brain can perceive only very slowly and with difficulty. The output of the system is a dynamic business model which works with every new impulse and verifies how it will be manifested, for example, in the company’s final profitability.
How do firms make their plans without BNS then?
Mostly it is only at the level of corporate balances that deal with relations between costs and expenditures or assets and liabilities. In many cases, the management navigation ends with book entries. No one ever finds the real causes of detected deviances, and a clear assignment of responsibilities is missing as well. This is a big risk of business management.
What do we get from the new BN concept and its software support?
- A substantial orientation of business management on the future, an opportunity to learn from measures which have been taken in the past with minimum risk.
- Increased quality of business management thanks to the interconnection of planning processes and analyses at all corporate levels.
- A flexible plan which can entered and adjusted at any time according to objectives and needs which become a priority.
- Better quality decision-making, higher performance and competitive ability on the market which provide for an opportunity to model plans and management decisions.