with F.R.I.E.N.D.S Expanding value-space to discover alternate configurations and grow value footprint
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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
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The future paradigm!
Sudhir Desai, Principal www.livingenterprise.net
©Living Enterprise, Inc. 2014. All rights reserved
thank you!