Agile: How to Identify Value (continued)

This Agile AudioCast is brought to you by: 
“Agile” Al Smith, Jr. from AgiLean.ai

Examples

For an individual to deliver value they have to increase their skills and knowledge as a means of showing they can contribute to an organization, by delivering some type of useful benefit (e.g., getting paid for a job).

For an organization to deliver value…

1. It has to improve its value-to-cost ratio
2. It has to deliver high value, at a low price, to be perceived as high value.
3. Conversely, if it delivers high value, at a high price, the perceived value may be low.

Discussion Note: As a consumer, what is your personal measure of value? Time? Money? How are the projects you are currently working on being measured in terms of delivering value?

Copyright 2020.  All rights reserved.  This content may not be reproduced without authorization from “Agile” Al Smith, Jr.  For authorization please contact us at:  AgiLean.ai