Integrated Value Management: “Mind the flow!”

In order to understand value, one needs a robust theory of value (conceptual intelligence), a way of properly specifying value (encoded intelligence), an effective way to communicate value (emotional intelligence), and a way to decide which actions / activities to undertake (experiential intelligence).  One needs to integrate or synthesize all four areas to be effective – for value to flow.   Moreover, individuals across the organization need to do so simultaneously in order for value to flow across the organization and / or value stream. Read More

Managing Value – Energy of the “business cosmos”

Value is key to strategy. Value is the foundation of the value chain, i.e. the interconnected value activities within the firm. Value activities are the physically and technologically distinct activities the firm performs. They are the building blocks by which the firm creates a product / service valuable to its buyers, i.e. the firm’s value proposition. Read More