Where do you find value?

Where do you find Value?

 

 

This is a very tricky question. Where you find value is going to depend on what you value. Different people value different things.

 

Those who value saving, will find value in all sales. They will scour the newspapers, internet, shops etc., for any discount. This might not mean that they are actually buying an item they need, it might just be that because they will be saving, they will buy it now instead of waiting until they actually need it.

 

Everyone wants value for their money. If it’s an item you have purchased or a service. And because you have paid, you want the most out of it. Sometimes, you are amazed by the value you receive for your money, but a few times you are so very disappointed and this is when comments and reviews are published on websites like Hello Peter.

 

Others value family and friends. They understand that each minute you spend with someone you love is to be valued, as you don’t know if you will have the next minute.

 

I recently found a quote from Mother Theresa: “In the West we have a tendency to be profit-oriented, where everything is measured according to the results and we get caught up in being more and more active to generate results. In the East – especially in India – I find that people are more content to just be, to just sit around under a banyan tree for half a day chatting to each other. We Westerners would probably call that wasting time. But there is value to it. Being with someone, listening without a clock and without anticipation of results, teaches us about love. The success of love is in the loving – it is not in the result of loving.”

 

At the end of the day, we are all different, will value different things and therefore, we will all find value in different places. I think the best would be a balance between everything we value and how / where we find that value. Remember to find value in the smaller things in life. It is oft times, the smile you give a stranger, that uplifts them on a bad day, the small kindnesses you do for others, without expecting anything in return. These small things leave a lasting legacy and give value to others’ lives.

 

 

About Cecile Van Deventer

I joined the L2Q Team in 2006, as a L2Q Support Assistant and have been the HOD since 2010. I supervise L2Q Bills, Daily Tender Bills, Control Lists and Directory.

Creating Value!

Creating Value!

 

 

 

The Business Dictionary says “The performance of actions that increase the worth of goods, services or even a business. Many business operators now focus on value creation both in the context of creating better value for customers purchasing its products and services, as well as for shareholders in the business who want to see their stake appreciate in value”.

 

Value has different connotations for different people but fundamentally the process of creating value remains the same regardless of your walk in life. To create value means you need to generate something that someone else wants…..just how valuable they find that something depends on you! Value isn’t fixed or tangible; it is perceived benefit. In other words, value is in the mind of the beholder. Just how strong that perception of value is, depends on you.

 

There are three possible ways to create value –
New Items
More Items
Better Items

 

New items would most likely be the most difficult to achieve because you might need to think out of the box, find something you are not already marketing and pitch it to your client. This might mean you need to rethink the scope of what you offer your clients, a new item might mean a whole new scope added to your company but this would be twofold, creating value for your client as well as your company, I mean, you not going to add something that would be to the detriment of your own company now, would you? Change is the only constant in today’s business world. The ability to act quickly, that is, to adapt or respond, as customers make special requests, competitive requirements change, or the unexpected happens, keeps you on your toes, looking for additional ways to create value.

 

More items means expanding on what you already offer and the ability to deliver what you promise in that glowing brochure that you originally lured the client with. This can be done in a several ways, for example, you could have a feedback system from your clients asking them for ideas on how to improve and what they require to run their businesses more efficiently (this could also result in a new item as discussed earlier) or you could increase the number of items that you offer but not increase your subscription rate or you could give an incentive to subscribers that have been with you for a while, sort of a “loyalty” discount i.e. the longer you stay with us, the less you pay! Now isn’t that a nice way to create value….

 

Better items, I mean, who does not like to get more than their monies worth? In today’s world, you don’t have to stay with a company that is not performing for you, there are lots of choices out there. Creating better value with impact simply means you need to deliver a more powerful punch behind the value that you currently have. Pay attention to exactly what customers find compelling. Deliver your compelling offerings by finding new, more or better items to increase or create value in your business for your client.

 

“Price is what you pay, value is what you get” Warren Buffett

 

 

 

 

 

 

About Debbie Wessels

I started at Leads 2 Business in April 2008 in the tenders Department and transferred to the Projects Department during the same year. I was appointed Head of Department for Projects from February 2011 to March 2022. April 2022 I started a new adventure as Content Regulator.

What does Value mean to You…..

 

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I have been pondering this blog topic since it was assigned to me weeks ago and to be completely honest I wasn’t quite sure what approach I should take…. however this morning I woke up with ideas rushing through my head. Don’t you just love those moments! 🙂

 

Now believe me when I say not every idea I have should be written down…. but it’s my birthday today and I think its me turning 30…. (the end of that number is irrelevant!).
Anyway it was this, I think, that got me thinking about what value really means….

I’m sure you will agree that this changes with age. In your 20’s you generally find value in possibly your first car, furthering your education and for some perhaps simply their favourite high heels will bring value to their life!  Please don’t get me wrong, this is just a very general synopsis, I know there are plenty of 20 odd year old’s who have started families and long life careers by their mid 20s 😉

But I assure you, your values, and what you value will change with age!

Now being in my 30’s (and I’m sure all of you that are alongside me in this age group can relate) I feel that value is measured differently. It comes in the form of a morning smile from your partner, or a hug from your child and the memories we hold safe, along with the careers that quite often make a lot of this all possible.

“Family over friends”  now starts to make more sense and finding your happy place at home and work really means a lot, because by now the decision’s you have made are usually the ones you would like to stick with.

I’m sure most of us have somewhere along the line heard someone of the “older” generation talk about how they got to go to the “bioscope” with popcorn, a coke and a packet of what I envisioned looked like wine gums, all with a coin, few of us have ever laid our eyes on!

Now this is what value was. “More Bang 4 your Buck” is the term I remember being thrown around freely while I was growing up.

 

So….Is there still value in the commercial world?
Now I’m no business owner but I think value is often derived from value. When your employees are valued this brings on a sense of encouragement, fulfillment and an all round eagerness to please, which in turn, turns into creating or delivering a valued product or service.

Makes sense right….

 

Now I leave you with a quote from Chris Holmes US musician and member of the band W.A.S.P. (once again this is of no relevance, but I do like his quote!)

“ Kindness doesn’t cost a penny but its Value is beyond measure to the recipient”

So go out today and do something that will bring value to someone’s life, this will more than likely bring value to your own…. and if not….you will at least be left with a warm fuzzy feeling in your belly!

 

 

Until the next time, this is me signing off and wishing you a super day!  🙂

 

 

About Sherina Shawe

I am a strong believer in "What you put in , is what you will get out" and this drives me every day, whether it's at home with my gorgeous family or at work where I get to fuel my competitive spirit. I love who I am and who I'm becoming. I love where I am , but more importantly where I'm going.... #EternalOptimist #Aspire2Inspire

Construction Industry Development Board (CIDB) deconstructed

Questions about the CIDB answered simply

 

We get questions every day about Tendering and the CIDB. I will do the best I can to try and answer some of them here for you in plain simple everyday language. Hopefully, keeping it simple.

 

What does the acronym ‘CIDB’ stand for?
– Construction Industry Development Board

 

What is the purpose of CIDB?

– The Construction Industry Development Board (CIDB) – a Schedule 3A public entity – was established by Act of Parliament to promote a regulatory and developmental framework that builds:

  • The construction delivery capability for South Africa’s social and economic growth.
  • A proudly South African construction industry that delivers to globally competitive standards.

 

What is the focus of the CIDB?

  • Sustainable growth, capacity development and empowerment
  • Improved industry performance and best practice
  • A transformed industry, underpinned by consistent and ethical procurement practices
  • Enhanced value to clients and society

 

Why aren’t all tenders listed on CIDB?

– Not all tenders require a CIDB rating.

 

Why did Leads 2 Business align the tender values on the website according to CIDB?

– CIDB value ratings are now familiar in the construction tender market and used as a benchmark.

 

Do I need to apply for CIDB rating?

– Of the Clients, Professionals, Contractors, Subcontractors or Suppliers, only Contractor & Subcontractor need apply.  All contractors seeking to participate in public sector infrastructure delivery must be registered on the CIDB Register of Contractors.

 

 

 

 

 

 

 

 

About Carmen Barends

Social media adventurer for Leads 2 Business, exploring new frontiers and taking new ground. “Not all those who wander are lost.” JRR Tolkien

Definition of Value

 

Value

Definition of Value

 

“Definition of Value”. Hmmm. Well, I’ll just go get a hammer and nail down a cloud, shall I? Good grief.

Value is subjective. They say that “Beauty is in the Eye of the Beholder”. Well, so is value. I’m sure there are many who would scoff at what I value, and I’m sure I have scoffed (although I’m thoroughly ashamed of doing so) at the values of others. What people hold dear isn’t to be taken lightly or mocked. Great things come from the most unlikeliest of places and reasonings. It’s like declaring a planet wide favourite colour and being surprised when nearly everyone shouts “Oi! Pink! Pink! That’s not my favourite colour. It clashes with my everything” etc and so forth.

 

Companies, staff and consumers all have their own set of values and principles and preferences that are placed on pedestals to be admired and dusted off every now and then, or maintained day to day in the dirt down on the ground. Companies set themselves goals and outlooks and set up internal cultures, in an effort to achieve what they deem important, what they admire, what they envy. It could be “success” (another flighty definition, if ever I saw one) comprised of growth or security or profit or respect and reliance from their customers or peers or competitors (or any combination thereof). Motivation can never be underestimated when in the pursuit of a dream. Staff merge their personal values and principles with those laid down by their employers. A symbiosis that hopefully, doesn’t require question or sacrifice. Consumers, hopefully, know what they want and what they are willing to pay for it. Quality or quantity. The short-term or long-term. The easy or the challenging. A clear idea of preference, and an understanding of why that preference, is one of the hardest aspects when making your choice.

 

One man’s trash, is another man’s treasure.

The early bird gets the worm, but the second mouse gets the cheese.

Apple versus Android

Coke versus Pepsi

The Tortoise versus the Hare

Eskom versus a candle and matches

 

You get the point.

 

Basically, value is defined by what you are willing to give up. Trusting that you will be gaining. Altruism doesn’t really exist in the business world. There’s an exchange. I give something in exchange for something I feel is worth it. This can be anything as measurable and common as money to the rarer stuff of trust and loyalty. But this exchange rarely ends there. It’s always back to what we make of it. The more we put in, the more we get out. And the end results are just as wiley. Life, just like business, is not a guarantee. It’s hardwork and luck and a thousand little things that come together to make it or break it. Disappointment lurks at every corner, being egged on by Expectations. But when expectations are met or even exceeded. That’s a good feeling for all concerned.

 

What we value defines us. And what we are willing to sacrifice for our values, defines us further.

 

Abundance Acceptance Accessibility Accomplishment Accountability Accuracy Achievement Acknowledgement Activeness Adaptability Adoration Adroitness Advancement Adventure Affection Affluence Aggressiveness Agility Alertness Altruism Amazement Ambition Amusement Anticipation Appreciation Approachability Approval Art Articulacy Artistry Assertiveness Assurance Attentiveness Attractiveness Audacity Availability Awareness Awe Balance Beauty Being the best Belonging Benevolence Bliss Boldness Bravery Brilliance Buoyancy Calmness Camaraderie Candor Capability Care Carefulness Celebrity Certainty Challenge Change Charity Charm Chastity Cheerfulness Clarity Cleanliness Clear-mindedness Cleverness Closeness Comfort Commitment Community Compassion Competence Competition Completion Composure Concentration Confidence Conformity Congruency Connection Consciousness Conservation Consistency Contentment Continuity Contribution Control Conviction Conviviality Coolness Cooperation Cordiality Correctness Country Courage Courtesy Craftiness Creativity Credibility Cunning Curiosity Daring Decisiveness Decorum Deference Delight Dependability Depth Desire Determination Devotion Devoutness Dexterity Dignity Diligence Direction Directness Discipline Discovery Discretion Diversity Dominance Dreaming Drive Duty Dynamism Eagerness Ease Economy Ecstasy Education Effectiveness Efficiency Elation Elegance Empathy Encouragement Endurance Energy Enjoyment Entertainment Enthusiasm Environmentalism Ethics Euphoria Excellence Excitement Exhilaration Expectancy Expediency Experience Expertise Exploration Expressiveness Extravagance Extroversion Exuberance Fairness Faith Fame Family Fascination Fashion Fearlessness Ferocity Fidelity Fierceness Financial independence Firmness Fitness Flexibility Flow Fluency Focus Fortitude Frankness Freedom Friendliness Friendship Frugality Fun Gallantry Generosity Gentility Giving Grace Gratitude Gregariousness Growth Guidance Happiness Harmony Health Heart Helpfulness Heroism Holiness Honesty Honor Hopefulness Hospitality Humility Humor Hygiene Imagination Impact Impartiality Independence Individuality Industry Influence Ingenuity Inquisitiveness Insightfulness Inspiration Integrity Intellect Intelligence Intensity Intimacy Intrepidness Introspection Introversion Intuition Intuitiveness Inventiveness Investing Involvement Joy Judiciousness Justice Keenness Kindness Knowledge Leadership Learning Liberation Liberty Lightness Liveliness Logic Longevity Love Loyalty Majesty Making a difference Marriage Mastery Maturity Meaning Meekness Mellowness Meticulousness Mindfulness Modesty Motivation Mysteriousness Nature Neatness Nerve Noncomformity Obedience Open-mindedness Openness Optimism Order Organization Originality Outdoors Outlandishness Outrageousness Partnership Patience Passion Peace Perceptiveness Perfection Perkiness Perseverance Persistence Persuasiveness Philanthropy Piety Playfulness Pleasantness Pleasure Poise Polish Popularity Potency Power Practicality Pragmatism Precision Preparedness Presence Pride Privacy Proactivity Professionalism Prosperity Prudence Punctuality Purity Rationality Realism Reason Reasonableness Recognition Recreation Refinement Reflection Relaxation Reliability Relief Religiousness Reputation Resilience Resolution Resolve Resourcefulness Respect Responsibility Rest Restraint Reverence Richness Rigor Sacredness Sacrifice Sagacity Saintliness Sanguinity Satisfaction Science Security Self-control Selflessness Self-reliance Self-respect Sensitivity Sensuality Serenity Service Sexiness Sexuality Sharing Shrewdness Significance Silence Silliness Simplicity Sincerity Skillfulness Solidarity Solitude Sophistication Soundness Speed Spirit Spirituality Spontaneity Spunk Stability Status Stealth Stillness Strength Structure Success Support Supremacy Surprise Sympathy Synergy Teaching Teamwork Temperance Thankfulness Thoroughness Thoughtfulness Thrift Tidiness Timeliness Traditionalism Tranquility Transcendence Trust Trustworthiness Truth Understanding Unflappability Uniqueness Unity Usefulness Utility Valor Variety Victory Vigor Virtue Vision Vitality Vivacity Volunteering Warmheartedness Warmth Watchfulness Wealth Willfulness Willingness Winning Wisdom Wittiness Wonder Worthiness Youthfulness Zeal

Past. Present. Future.

 

What do you value?

And what’s it worth to you?

About Claire Donaldson

I started working at Leads 2 Business in February 2005, and have served as Head of Department of Daily Tenders from 2007 until the present. I oversee both the Daily Tenders South Africa and Africa Departments.

Trends in 2015

 

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Anyone who is interested in keeping up with the times, or the Joneses, or is just vaguely curious, knows that keeping an eye on the trends will help you get a bigger picture. This is not to say that any predicted trend is a surefire thing. But sometimes it can be helpful to know where ‘those in the know’ think we are headed so that you can take advantage of any potential opportunity that may arise. Taken with at least a tablespoon of salt. But let’s not knock predictions entirely,  you just never know if that one tip was ‘money in the bank’.

With this in mind, here are some predicted trends for 2015 to keep in mind:

 

Consumer Trends

  • Buying Convenience, products and services need to add to consumers skills
  • Malls and Shopping Centres in Community Mode
  • Privacy Matters
  • Consumption as a Route to Progress
  • Influencers: More Like Us
  • Let’s Share: The Rise and Rise of Lightweight Living
  • Millennials
  • Shopping the World and easier mobile payments
  • Virtual to Real and Back: A Smoother Convergence
  • Wired and Well: Connected Health

 

 

Top 5 Web Trends

  • Mobile Focus

According to a survey by Google, 48% of users said that if a site didn’t work well on their smart-phone, it made them feel like the Company didn’t care about their business

  • Interactive Scrolling

Parallax scrolling

Infinite scrolling

  • Flat Design

Flat design features clean design with open space, crisp edges, bright colour and 2 dimensional illustrations without 3D effects

  • Single Page

Condensing content works!

  • Clean, Simple layout

 

This considered, you will be able to forge forward into the year keeping an eye on what is happening. In addition to this there are some of our source articles below, as well as some interesting reads that may catch your eye, to add to your arsenal of information for the coming year. Be sure to also take a look at our Market Intelligence feature to draw up your comparative chart of what Projects and Tenders are being published throughout South Africa. You can find this at http://bit.ly/MarketInt

 

Happy 2015!

 

http://www.bizcommunity.com/Article/223/33/123427.html

http://trendwatching.com/trends/10-trends-for-2015/

http://content.ce.org/PDF/2014_5tech_web.pdf

http://www.slideshare.net/stackhands/companyculture-trends-to-watch-in-2015

http://blogs.wsj.com/digits/2014/12/08/trends-to-watch-in-2015-from-algorithmic-accountability-to-the-uber-of-x/?mod=e2gp

http://mashable.com/2015/01/02/mobile-trends-2015/

http://www.thesouthafrican.com/sas-top-10-young-entrepreneurs-to-watch/

https://www.pinterest.com/pin/170081323403886318/

About Carmen Barends

Social media adventurer for Leads 2 Business, exploring new frontiers and taking new ground. “Not all those who wander are lost.” JRR Tolkien

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