Organizational cost benefits refer to the advantages a company gains by analyzing and managing its spending, often through a Cost-Benefit Analysis (CBA) to ensure projects are profitable, reduce waste (like through lean practices or remote work), enhance efficiency (e.g., lowering turnover), and create a competitive edge, ultimately driving better resource allocation and financial health. Benefits include increased profitability, improved decision-making, savings on overhead (utilities, space), higher employee retention, and a stronger market position.
Organisational Cost-Benefits Analysis
The template analyses organisational costs versus benefits. The following process is applied:
-- Define the organisation’s outcomes, in the format of strategic objectives.
-- Identify and analyse the organisation’s product, - goods, - and services produced to achieve its objectives.
-- Describe the Organisational Activities that are performed to produce the goods, services and/or products.
-- Align the Activities with the main organisational structures.
-- Identify the organisational costs incurred to produce benefits by scheduling and costing the inputs, namely labour, material, capital and information.
The template generates reports that shows the results of a cost-benefit analysis by comparing the unit cost of benefits produced with the unit cost of the cost incurred to produce it.
