Traditional measures like Return on Investment are geared toward established businesses, but measure the past and assume full/healthy budgets
New York, NY (PRWEB) March 26, 2008
Integrated Process Solutions LLC (IPS) today introduced Return on Disability™, the first-ever tool for organizations to measure their performance and return on investment in serving the market of people with disabilities. Return on Disability is offered exclusively through Integrated Process Solutions LLC (IPS), a strategic consulting firm that works with large corporations and governments to chart a path and realize benchmarked results in the business/disability space. http://www.returnondisability.com
The Return on Disability™ performance measure is based on seven distinct interfaces where stakeholders interact with the firm. These include customers, shareholders and employees.
The Integrated Process Solutions business model is built on the recognition that, in order for profit seeking organizations to deploy capital in the business/disability space, progress must be measurable through to the realization of long term objectives. While corporations increasingly recognize the potential of a market that contains 1.1 billion potential consumers and controls a minimum aggregate annual income of $1 trillion in the U.S. alone, disability, especially in a business context, does not have relative measures for managers to benchmark progress against targets.
"Traditional measures like Return on Investment are geared toward established businesses, but measure the past and assume full/healthy budgets," said Rich Donovan, CEO. "Disability is a nascent market that requires a different yard stick. The Return on Disability™ Index is based on Economic Value principles, which measure potential and opportunity cost across the firm. With a new market comes new language and new metrics. A good manager needs to know if the incremental investment in the business/disability space leaps the hurdle rate. Return on Disability™ is the only tool that does exactly that."
In addition to Return on Disability™, IPS has introduced The Market Primer, meant to provoke discussion and seed the roots of change. To start with first principles, the inaugural issue addresses a critical component of success in any part of the business world: Quality. The Market Primer can be found at http://returnondisability.blogspot.com/.
Rich Donovan, who happens to have cerebral palsy, is the CEO and principal owner of Integrated Process Solutions LLC. Mr. Donovan worked as a Vice President at Merrill Lynch & Co in the role Portfolio Manager in New York City. Rich founded Lime Connect, Inc., a corporate partnership that connects global corporations with a talent source in people with disabilities. http://www.limeconnect.com
If you'd like more information about this topic, or to schedule an interview with Rich Donovan, please call Rich Donovan at 646/852-6466 or e-mail Rich at rich.donovan(at)returnondisability.com