Monthly Archives: July 2021

Future …and Knowledge value (2)

So – building on the example that I gave in my previous post are there certain statements that we can attribute to Future and Knowledge value? (i) Complex features will usually require a build up of Knowledge value before any Future or Customer value can be realized (ii) Building up Knowledge value should also reduce […]

Future …and Knowledge value (1)

The hardest value to take into account is Future value. It can take many forms and can be seen to often overlap with other types of value. For this reason let’s also add other type of value – Knowledge value. We can see why this is required when we consider the example below – i) […]

Comparing value (5)

So – returning to the simplest measure of value, can we monetize different types of value? Commercial value – how much profit or revenue will this generate? Market value – how will this help us to attract new customers and/or retain existing customers? Customer value – how will this improve things for customers (usability etc) or answer customer […]