Conclusion

We hope you have enjoyed this free course, Understanding organisational value. You should now have a clearer understanding of what organisational value is, and how it can be created within and across different business functions. You should also be able to identify new types of organisational value. Lastly, you should begin to recognise the potential of translating these new types of value into innovative forms of organisational value.

If you are interested in organisational value then please take a look at our new MBA [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] .

This OpenLearn course is an adapted extract from the Open University module B872 Creating and sustaining value.

The module teaches you how to create and sustain organisational value within and across a range of business functions. In particular, it focuses on value creation associated with Operations Management, Financial Accounting, and Business Intelligence. It highlights how organisations can add benefit for their diverse stakeholders and society in both the short term and long term.

The module also examines the emergence of new types of organisational value. It reveals the evolution from a narrow focus on economic value prioritising profits to a broader desire to create organisational value concentrating on positively impacting a firm’s members, customers, shareholders, and wider society. It then examines how organisational value is being expanded, due to technology and shifts in economic and social knowledge, to embrace a more collaborative, inclusive, and socially-oriented notion of value.