Open blog on the detection of Value in high tech environment
Effectiveness is ‘Doing the right thing’ and Efficiency is ‘Doing the thing right’
Michael Ported : creating value : Value chain : each step is not seen as a cost but a step that has to add some increment of value to the finished product
In a high tech environment it isn't always easy to define what is an added value to a product. Which features are a part of the value chain.
Most features and technology get used because they are there, whether or not they give an added value to the end user.
It is universal, and can even be spotted in datasheets and promotion material for the end customer. Terminolgy like Runs on Windows CE, Runs on linux, are not added value to the end user. But just a technology to achieve an added value.
(TBD, need a better example ) Eg runs on linux --> Robust system, reliable
runs on windows CE --> user friendly environment.
In a high tech environment it is very hard to draw the line between technology available and technology that provides value to the product.
This blog which is open and free for anyone to edit, is initiated to find guidelines, rules of thumb to identify these elements of the value chain.
- It has to be easy enough for sales people to sell, features and technology that are too complex to explain can not be created and tested but worst of all it can not be explained to the end user and therefore sold
- It has to have a "Raison d'Être", this is clear, but not always verified
- It has to have a measurable value. We need to study how much "added value" in a measurable unit this feature will give us. This can be good old dollars but there are other units that can be identified.
