Revolutionizing innovation with empathy: insights into Velentium's unique approach to design and manufacturing
In today's competitive business world, companies need a unique approach that sets them apart. Velentium is a prime example of a company that has revolutionized the industry with its innovative contract design, development, and manufacturing approach.
This blog post will explore Velentium's innovative approach and values, as well as offer insights from Dan Purvis' exceptional journey.
Empowering innovation and flexibility: Velentium's revolutionary approach to changing the world
Velentium is a company that has revolutionized the industry with its approach to contract design, development, and manufacturing.
Dan Purvis, founder & CEO, emphasizes the importance of using the right software in driving growth and success for Velentium. The company's purchasing software, for example, provides them with powerful tools that can help them leverage real-time data projections, and potential shortage alerts.
Moreover, Velentium greatly values building strong relationships with suppliers and clients. The company believes combining the right purchasing software and human connection is crucial to its success.
And it's a challenge to not just do what you can do. But do what you can do best. The problem is, there are lots of things you can do.
Velentium's core values for success
Velentium upholds core values that are fundamental to its success. Innovation is a crucial driver for success in the industry, and it places a high value on it. The company constantly seeks new and better ways to meet its client's needs.
Flexibility is another significant factor in their success. The company understands the importance of being flexible to adapt to the specific needs of its clients and suppliers. This flexibility is reflected both in its work environment and in its approach to problem-solving; based on principles rather than on following rules.
Moreover, Velentium believes in empowering its staff to take ownership of their work. The company encourages its employees to make decisions based on principles and provides support to back up those decisions. This approach creates a highly flexible and empowered work environment that promotes growth and success.
They recognize the value of building strong relationships with clients and suppliers as crucial in decision-making.
Finally, Velentium acknowledges the importance of scalability for growth and success. The company is focused on expanding its reach and creating new products for its clients. Velentium is also planning to expand internationally to drive volume and reduce costs. This forward-thinking approach and dedication to scalability has been critical to their growth and success.
The "you decide" culture
The "you decide" culture is a critical component of a successful and empowered work environment, as emphasized by Dan Purvis. This culture creates an empowering environment where staff members can make decisions based on principles rather than as a result of following rigid rules.
Staff members are encouraged to take ownership of their work and make informed decisions. This approach has helped build a culture of trust and mutual respect among staff, which has been a critical success factor.
The power of empathy in business: Dan Purvis' adoption journey
A personal story shared by Dan highlights the importance of empathy in business. He and his wife were adopting children from Kazakhstan and needed a letter from the bank stating that they had an account in good standing. However, when he approached the bank representative, he was refused the letter because the representative didn't have the necessary key on his keyboard.
This delay was causing Dan a lot of frustration and affecting his ability to adopt his children. This experience made Dan realize the significance of empathy in business and how a customer-centric approach is essential for success.
Dan emphasized the need for businesses to understand their customers' needs and empathize with their situations. He believes that companies should create a culture of empathy and understanding, where employees are encouraged to approach every situation with care and concern and put themselves in the customers' shoes.
Dan's personal story is a reminder that there are real people with real needs and emotions behind every business transaction. By prioritizing empathy and understanding, businesses can create a positive and supportive environment for their customers and employees, leading to greater success in the long run.
Velentium's DNA, embedded in its name!
Velentium's name, which is derived from the words velocity, momentum, and talent, represents the company's dedication to each of those words. Dan explained that the name reflects the company's passion for finding the right people for the right seat and providing high-quality products at a fast pace. He believes flexibility is crucial for success, and Velentium has embedded it in the company's DNA.
