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Understanding organisational value
All organisations must find new ways that benefit both their stakeholders and society. This means constantly improving their processes, goods and services. In the 21st century, new ideals of collaboration, inclusion, and equality are challenging more narrow market-based notions. This free course, Understanding organisational value, will explore how organisations can draw on established theories of value creation for fostering and promoting new types of value.
Course learning outcomes
After studying this course, you should be able to:
- understand the main theories associated with creating organisational value
- explain the different ways to create value within and across business functions including operations management, financial accounting, and business intelligence
- identify new types of value that are 'human-centred' and challenge traditional economic value assumptions.
First Published: 24/01/2020
Updated: 28/04/2020
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The course also explains how the different functions of an organization (operations, finance, and business intelligence) contribute to creating value. It explains that value is created by designing processes and systems that are people-centered, ensuring that products and services genuinely improve the lives of customers and communities. When these functions are aligned with a purpose-driven mindset, the organization becomes more capable of contributing positively to society while achieving long-term success.
Overall, this course reinforces that pursuing organizational value is essential for any entity that wants to remain relevant, responsible, and successful in today’s world.