Business Value: The benefits

Here is a working definition of value

Business Value is the benefit distributed to the people and places that engage your organization.

Absent any creation and distribution of benefits, you don’t have a company. You have a loose collection of people or activities.

What is a benefit?

• Money

• Products/Widgets

• Food

• Service

• Community

• Education

It’s a positive good.

If it damages it’s not a benefit.

The fundamental function of a company is to create, facilitate, or organize benefits.

If your aim is to deliver business value with data, here’s your homework (should you choose to accept).

Identify, in as much detail as you can, what is the benefit your company creates.

Hit reply and tell me about it.

I'm here,

Sawyer