Friday, 18th November 2016
Value can be elusive and means different things to different organisations but you can achieve it by using the tried and tested "Jinfo model for developing an approach to understanding and measuring value". Norma Beavers investigates.
Every business is in search of better value these days - but how do you measure it and actually achieve it?
Getting there isn't easy but one thing's for sure, you stand a better chance of answering that all-important question if you consider Jinfo's proven approach to asking and answering the very questions that will help you to measure and receive value.
Jinfo Subscribers can log in to see the full how-to and commentary in "Jinfo model for developing an approach to understanding and measuring value" (PDF).
Director of research at Jinfo, Robin Neidorf, explains, "Jinfo has been working on value and what it means for customers across a range of industries for years.
"What we've learned is that the definition of 'value' will be unique to a particular organisation, and sometimes even to a specific part of an organisation. There isn't a 'one-size-fits-all' formulation that guarantees success with your budget holders and decision-makers."
Use your data
In "Jinfo model for developing an approach to understanding and measuring value", Robin looks at the very heart of what it takes to deliver value.
You'll find activity sheets to help you sort through the important issues so you can map out what matters most in your quest for value.
The model can be used to understand and measure return on investment (ROI) and a key thing to remember, as Robin says, is that value will mean different things to different people and different organisations.
Put your data into the activity sheets in this report and you'll get results that are specific to your needs!
Use the model to ultimately develop your own collection of formulas for asking and answering the right questions about your organisation and objectives, as well as about your stakeholders and users. If you want to really capture value in 2017, now's the time to read what Robin has to say, and to do your strategic planning.
Find out more
"To have a strategic plan for driving value, you have to first know and document your stakeholders," Robin concludes.
Why not use Jinfo's stakeholder map, which Robin describes as "a living document" to give yourself a head start. The map and activity sheets are all included in "Jinfo model for developing an approach to understanding and measuring value".
Related Blog items:
Related Subscription Articles:
Related Subscription Reports:
Document the value chain, and transform the way you think about, manage and report on your product portfolio and your information service contributions to your organisation goals.
Focus on Value Chain
Director of Research Robin Neidorf describes the benefits of a Consulting Pilot on Value Chain, to tailor this process to your needs and environment:
View on Vimeo
Consulting Pilot on Value Chain
Our proven processes, resources and guidance will help your team make the shift from transaction centre to strategic asset.
Designed around the most common challenges and pain points for time- and resource-strapped information teams
Supercharge remote productivity and value
Holistic content portfolio management
Future-proof your information service
A tailored overview of our research and active discussion with your Jinfo analyst.
Measure your starting point to articulate your strengths and set priorities for future improvements. Assessments gauge risk, capacity, value and more.
Read case studies, and start the conversation:
Connect your team with the practical tools, original research and expertise to build and support information strategy in your organisation.
A Jinfo Subscription gives access to all Content (articles, reports, webinars) and Community.