Creating new Value with F.R.I.E.N.D.S

with F.R.I.E.N.D.S Expanding value-space to discover alternate configurations and grow value footprint

©Living Enterprise, Inc. 2014. All rights reserved

expanding valuespace for innovation

value system + the enterprise ©Living Enterprise, Inc. 2014. All rights reserved

Strategic Governance

Enterprise/business

Value System

Exploitation/ Operations

Exploration/ Innovation

The VORTEX of value Value is a dynamic idea, a positive surplus created for all stakeholders by arranging V.O.R.T.E.X elements in a dynamic relationship. Surpluses feed growth.

Value System

organization resources Value

technologies

Organization describes the structural patterns through which resources are related to each other.

Resources can be people, tangible, intangible, financial and other assets, or even systems

enablers

Technologies are capabilities that can be information, social, material, bio, etc.

experience

Enablers come in many forms including organizational environments, policies, including constraints. They define the space in which value can be created.

Experiences are outcomes that the stakeholders obtain from being in the system.

©Living Enterprise, Inc. 2014. All rights reserved

value

Value can have many dimensions depending on context, perceived from the vantage of participating stakeholders.

The challenge of growth

Horizon 3

Horizon 2

Horizon 1

Value

Value

Value

Current Paradigms

Emerging Paradigms Future Paradigms

©Living Enterprise, Inc. 2014. All rights reserved

Value

The vectors of growth F.R.I.E.N.D.S

Many vectors can be leveraged to expand Value Space. The acronym FRIENDS does not imply any particular order, and not all vectors contribute to the same extent.

System – Value can be increased by expanding the boundaries and scope of the system, and shift the locus of its center-of-gravity.

Foresight allows us to understand and leverage emerging opportunities.

Density

Reframe to shift the conceptual and strategic assumptions on which current designs are based.

e-Everything

Foresight

System

Insights new discoveries into the nature of systems and the various entities enable novel approaches to creating value. e-Everything The power of technologies and in particular digital technologies creates powerful new paradigms and resources to leverage in creating new options.

Insights

Reframe

Need Spaces Among the many shifts that one can capitalize on, the most important is the shift in needs of the various stakeholders.

Density – the notion of density expresses the possibilities of bringing more things together – eliminating fragmentation and increasing functionality

©Living Enterprise, Inc. 2014. All rights reserved

Need Spaces

Expanding value-space Horizon 3

F.R.I.E.N.D.S

Horizon 2

Horizon 1

Value

Value

Value

Current Paradigms

Emerging Paradigms Future Paradigms

©Living Enterprise, Inc. 2014. All rights reserved

Value

©Living Enterprise, Inc. 2014. All rights reserved

Reframing strategic paradigms

Value System

OR Value System

Incremental -­‐ within strategic paradigm

pathways to growth strategic paradigms

value ecosystems + constellations Value Ecosystems Service-­‐Dominant Logic Value constellaIons Co-­‐CreaIon

Value Ecosystem

©Living Enterprise, Inc. 2014. All rights reserved

The future paradigm!

Sudhir Desai, Principal www.livingenterprise.net

©Living Enterprise, Inc. 2014. All rights reserved

thank you!