Deloitte & Touche LLP   Deloitte & Touche LLP
 
Canadian executives just need to roll up their sleeves and "Do it"
Deloitte study finds that organizations are failing to achieve value for stakeholders
Published: 4/5/05
Contact: Lynn Cook
Deloitte
Manager, Public Relations
(416) 874-3654

WHAT:  The creation of value resides at the core of every enterprise. Every stakeholder of every organization expects value (from shareholders, customers, employees, to partners and the community). Yet Canadian organizations commonly engage in business behaviours that actually destroy value.

Deloitte has developed an innovative business concept, ‘The Value Habit’ model, to help build organizational behaviours that create value. The model examines methods that close the gap between corporate vision and reality based on the unique concepts of encouraging clear, consistent and efficient communication habits, including the eight behaviours that company leaders must adopt to drive the Value Habit.

The Value Habit model provides a self-assessment tool to help business executives determine where they are on the path to value and actionable steps to move forward. It also addresses a number of common organizational behaviours that are currently destroying value within Canadian organizations, including:

  • relying on established business models and technologies after changes in the market make them obsolete
  • allowing initiatives to be driven by individuals and advocacy
  • an obsessive focus on short-term financial measures

Deloitte has documented the Value Habit concepts and methodology in a newly published mini-book, the sixth publication in Deloitte’s Straight Talk series dedicated to help organizations enhance business performance.

WHO:  Leading practitioners from Deloitte are available to elaborate on the Value Habit and the eight relating behaviours that company leaders must adopt.

WHERE:  Telephone and/or one-on-one media interviews to be scheduled upon request. Complimentary copies of the Value Habit are available to media upon request.

Contact us for more information about this topic.
 
Page Last Updated: April 5, 2005
Source: Deloitte & Touche LLP - Canada (English)

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