3 Creating new types of organisational value
The third and final section of this course explores how organisations can create new types of value that transcend traditional economic and business value perspectives. This course has focused on the ways an organisation can create and sustain value across its various functions. Building on these insights, this section will explore how technologies are enabling types of organisational value which go beyond established ideas of efficiency, competition, and profit. Products, processes, and activities can instead be oriented and improved for fostering goals of greater inclusion, collaboration, equality, and knowledge sharing. These new types of value can be used to not only contribute to broader social goals but also create more sustainable organisations. Finally, these new value propositions can be enhanced by using established models of value creation, as well as play a crucial role in preparing organisations for more ‘disruptive’ social, economic, and technological changes in the near future.