Operand Resources
If you’re still competing on operand resources alone – those that need to be acted upon for progress to happen – you will be tomorrow’s commodity players. Though for some Helpers that is a useful position. Editing below here What we’re thinking Operand resources, compared to operant ones, are passive – they must be acted […]
Operant Resources
Understanding and designing your business around operant resources – those that act on other resources to make progress – should be the norm for unlocking progress, innovation, and sustainable growth. Though make sure your target Seeker(s) are not looking for more enabling-like propositions and/or the inequitable exchange hurdle is not too high. Writing / editing […]
The Innovation Problem
This content will be a rewrite of this article: https://solvinnov.com/innovation-problem/ Writing / Editing below here What we’re thinking According to McKinsey, 94% of executives are not happy with innovation initiatives – through identifying ways to deliver what progress seekers truly want: better progress. Here’s why, and why it’s a problem… today Back in 2013, Edison, bin […]
Value-through-progress
The progress economy reframes value creation by focusing on progress rather than static value. Progress is seen as a dynamic movement towards a more desirable state, with value emerging as this progress is made. This approach encourages systematic innovation by addressing progress hurdles and recognizing the complexities and multifaceted nature of value creation.
Value-in-use
The value-in-use model emphasizes incremental value creation through the active use of value propositions, solving blind spots present in the traditional value-in-exchange model. It focuses on service as the key driver of value, promoting adaptability and well-being without the goods versus services debate. Progress relies on beneficiary judgment, dialogue, and resource integration, encouraging continuous value co-creation and innovation.
Value-in-Exchange
The traditional value-in-exchange model has been wildly successful. But its narrow focus on a point of exchange and difficulties in defining what value actually is now hinders growth. Sadly, this model encourages incremental over radical innovation, and has blind spots, missing out on opportunities before and after exchanges, and hinders the shift to a circular economy.
Service Exchange
What we’re thinking We live in a world built on service exchange – on helping others make progress. Yet we often rely on a useful shortcut: the illusion of exchanging value (such as cash for products). Rediscovering the true nature of exchange isn’t just clarifying, it’s essential for innovation. This is one of the trickier […]
Phenomenological
WHAT WE’RE THINKING Phenomeno-what? I’m with you, what a mouthful! Yet we’ll use it a lot in The Progress Economy, so let’s try and get some intuition about it. Think of it as the baggage you bring to a decision – all your lived experiences together with what you’re experiencing at that moment (your living […]
Resources – carriers of capabilities
For leaders solving innovation, sales, or growth problems, stop asking “What product should we build?” and start asking “What capabilities do our customers lack that hinders them making progress, and how can we package those into the resource types they are looking for?” What we’re thinking Progress doesn’t just happen. It is made as we successfully […]
Progress as a verb and a state transition
Editing below here What we’re thinking In the progress economy we believe seekers are trying to make progress – from their current progress origin to a more desirable state (progress sought) – with everything in their life. Progress can therefore be seen equally as: As such, it is both a super-charged description of a job […]
