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Value-through-progress
What we’re thinking We’re breaking free of the historical view of value. Finally, if progress is hampered or not as expected, we might experience value destruction. editing from here down VALUE-THROUGH-PROGRESS We need to evolve our thinking around value again to answer the question what does value mean. value-through-progress: a view of value creation that […]
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Value-in-use
What we’re thinking By removing the all-consuming focus on a single point of value exchange the value-in-use model addresses the growth blind spots inbuilt into our traditional value-in-exchange view. Instead we see value emerging – being co-created – as value propositions are actively used. Where value creation is limited only by the scope of value […]
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Value-in-Exchange
What we’re thinking Our traditional view of value – value-in-exchange – sees manufacturers embedding increasing value through the supply chain and exchanging it with customers for cash at a point of exchange. Customers then use up/destroy that value. We see value as a property of goods and services; entwined with, and measured by, price. Such […]
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Service Exchange
What we’re thinking We see a world where we exchange service – helping others make progress – rather than exchanging value; and, actually, where value emerges from progress made. Some service exchanges are direct between two parties; though most appear to be indirect – for example frozen in goods or transitive in nature. Actors need […]
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Phenomenological
What we’re thinking: Phenomeno-what? I’m with you, what a mouthful! It’s a term we inherit from our service-dominant logic roots and use in the progress economy when talking about decisions and judgements; taking into account the decision makers unique experiences, perceptions, and values. Phenomenological: of, or relating to, someone’s awareness or experience of something rather […]
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Resources – carriers of capabilities
What we’re thinking Resources are the fundamental component of the progress economy. We stumble when we lack them; integrate them in order to make progress ((co-) creating value as we do so); and offer them to others in exchange for service we need (often indirectly) They are integrateable carriers of capabilities, often skills and knowledge, […]
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Progress as a verb and a state transition
What we’re thinking Progress is a verb – a seeker moving over time from their progress origin to their more desired state of progress sought. And since progress origin and progress sought are progress states, we can also think of progress as a state transition. It is a journey a seeker can attempt on their […]
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Progress as a State
What we’re thinking Progress is a state – a snapshot comprising three elements, namely: Discovering and understanding all three elements is critical for understanding seeker’s desires, making progress, progress propositions, value, and pursuing successful innovation. Failing to do so may lead to the next super-market self checkouts… Progress as a state Progress as a state […]
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Progress as a noun
What we’re thinking We find it beneficial to name some specific progress states. Firstly, these named states serve as waypoints describing a seeker’s journey on progress attempts. Secondly, they help us explore and explain value in the progress economy; explaining Drucker’s famous quote: Innovate or die Without further delay, let’s delve into the five commonly used named […]
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The Real Actors of The Progress Economy
Meet the exciting actors staring as the cast in this season’s new take on innovation and growth in the progress economy! Here they are, and the stage they act upon. Progress SeekerS The star of the progress economy: the progress seeker. They are always looking to make progress; moving over time to more desirable states; […]
The Progress Economy
fixing innovation and firing up growth
Category: Foundation Layer
The foundation layer of the progress economy is where we find the underpinning tooling.
Here you will find four tools:
- definition of service
- definition of innovation
- overview of service-dominant logic
- what is progress? (functional, non-functional and contextual)