WHAT IS THE BGS GLOBAL MODEL?
BGS GLOBAL (Business Growth System Global).
Is a model to create a growth engine for small and medium enterprises (SMEs) researched by the BGS Global Expert Council (BGEC) consisting of experts from Canada, the United States, Singapore and Vietnam. development research.
With a practical visualization method, the BGS Global model makes it easy for businesses to apply through 6 Key Components and 8 Key Solutions to create the value of a business. This is a unique research project to help leaders of small and medium enterprises in Vietnam achieve growth and sustainable development goals.
6 KEY COMPONENTS
BGS Global is created by 6 Key Components including: Vision – Structure – Dashboard – Action – Process – People. These are also problems that most Vietnamese enterprises, especially small and medium enterprises (SMEs) face in their business process.
Vision
Vision represents the wisdom of the leader and determines the future of the business. According to BGS Global, Vision is not simply a message but must be transformed into specific numbers to serve as a guideline for all business activities of enterprises.
Structure
Organizational structure is the foundation for the sustainable development of enterprises. According to BGS Global, building an appropriate organizational structure, in which the functions and tasks of each department are clearly defined based on scientific methods, is a key factor contributing to the success of enterprises. implement effective strategies.
Dashboard
Understanding the health of your business is the key to success in every business decision. According to BGS Global, a business is a living organism that always needs to be periodically examined and checked by the health indicators of the company and each department. Proposing solutions based on data and scientific analysis tools is the basis of decisions of all excellent managers.
Action
Action is an important decision to create a growth force for each business. According to BGS Global, the main action is to build and execute an effective “business map”. In which, the goals, strategies and key actions of each department are closely linked to the overall goals and vision of the enterprise.
Process
Effective management processes are the glue that connects all activities in an enterprise. According to BGS Global, all activities in the enterprise when deployed need to be managed based on the process system, with task assignment and specific assessment to ensure smooth, rhythmic and consistent operation of the business. .
People
People are the core resource that brings creativity and success of the business. According to BGS Global, people are valuable assets that need to be managed based on modern methods to maximize labor productivity, optimize costs and quickly humanize the inherited talent pool in the enterprise. .
8 KEY SOLUTIONS
Corresponding to 6 Key Components are 8 Key Solutions including: Vision (Vision) – Structure – Dashboard (Health Indicators) – Sales & Marketing (Marketing and Sales) – Action Plan (Action Plan) ) – Perfomance (BSC/KPI) – Manpower – Process helps businesses grow dramatically and achieve business goals.
VISION
- Vision message.
- Mission message.
- Core values.
- Business philosophy.
- 5 year goal
STRUCTURE
- Analysis of the current situation.
- The organizational structure of the company.
- Departmental organizational structure.
- Make a list of titles.
- Office functions.
DASHBOARD
- Company health index.
- Department health index.
- Company index analysis.
- Remaining problems.
- Solutions / Lessons learned.
SALES & MARKETING
- Define customer insights.
- Product creation.
- Business goals.
- Distribution channel.
- Marketing strategy.
ACTION PLAN
- Company goals.
- Departmental goals.
- Strategy for achieving goals.
- Action plan.
- Budget plan.
PERFORMANCE
- Company KPIs.
- Department KPIs.
- Personal KPIs.
- KPI Regulation.
- KPI control.
MANPOWER
- Analysis of the current situation of personnel.
- HR performance index.
- Personnel demarcation.
- Recruitment efficiency.
- Education program.
PROCESS
- Management system analysis.
- Inter-departmental process (01).
- List of material processes (10).
- Digital transformation analysis.
- Technology application orientation.
