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Working Draft of the Future Value Framework (TFF), a practical integration of Future Studies, Innovation and Strategy.
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© DANIEL EGGER 2013/2014
v0.8
© DANIEL EGGER 2013/2014
The Future Value Framework is a guiding canvas. It visually integrates innovation, the future and strategy. By doing so it explores possible future
market differentiations, innovation opportunities and most importantly balances short-term and
long-term value generation.
© DANIEL EGGER 2013/2014
© DANIEL EGGER 2013/2014
VALUEFUTURE
EXPLORE DEFINE
GENERATION
CREATE
© DANIEL EGGER 2013/2014
© DANIEL EGGER 2013/2014
Strategic Planning
Strategic Management
Strategic Planning
Strategic Planning
Futuring Futuring
Strategic Management
Innovation
Business Intelligence
Strategic Planning
Futuring
Futuring
Innovation
© DANIEL EGGER 2013/2014
7. OPTION PORTFOLIO - Initiatives, projects, ideas that increases strategic agility.
1. VALUE PROPOSITION - The value that your organization create and is perceived by stakeholder today.
2. PORTFOLIO OF CHANGE – Drivers of change that can impact organizational logics or create new future market opportunities.
3. FUTURE CONTEXTS- Scenarios about future possible and probable social structures, behaviors and technologies starting in the present.
4. VISIONS - The aspirational vision about the future of society and organizational contributions starting in the future.
5. FUTURE VALUE PROPOSITION - The value your customers perceive by future products and services generated in the chosen scenario.
6. VALUE POLICIES - The connectors that guide strategic execution joining the future and present value generation
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© DANIEL EGGER 2013/2014
The Value Proposition describes the value for a specific stakeholder through a distinct mix of elements in a specific
defined context. It generates a combination of quantitative or qualitative values and explores the value perception
of the stakeholder. Culture and social contexts are key variables that drive value
exchange between individual and organization.
VALUE PROPOSITIONWhat value and experience does the customer
perceive? How does the value generation differentiate us in the marker? What problem
and needs to we satisfy?
© DANIEL EGGER 2013/2014
Exploring the changes is the first step to gain understanding how connected
organizations are with their environment. They are a construct of external changes,
events based on customer believes, values, relationships and technology Their
interconnectivity can easily challenge organizations business logics.
PORTFOLIO OF CHANGES
What changes could challenge the business logics? What key trends could define the future society? How prepared is our organization to
lead with the changes?
© DANIEL EGGER 2013/2014
Utilizing three variables: Environment, Society (Zeitgeist) and Technology,
organizations better understand possible outcomes and impacts and its future value generation. As a statement future realities
illustrate what could be possible or probable. Its objective is to turn the future vivid and understandable in the present
context.
FUTURE CONTEXTS
What kind of scenarios are possible? What are the fundaments and changes that could lead to
it? How prepared are you today for this new realities?
© DANIEL EGGER 2013/2014
The vision pictures the organization in a future reality. As a statement it sets the
direction that the company wants to take. Its objective is to explore the unknown, identify the organizational desire, align
stakeholders and understand the possible external impacts. It initiates with two
starting points: the present desires and the possible changes in society. Its
objective is to connect the probable, the possible and the desirable in a simple
term.
VISION
What kind of vision does your organization desires and what timeframe? What changes
have to occur to realize this vision? How are the scenarios aligned with it?
© DANIEL EGGER 2013/2014
Society changes and with it how it connects and what is perceived as value. The Future Value Proposition describes what value is consumed in the selected
future reality. It illustrated a clearer perspective about how the organization
could and should deliver value in the future. Together with the inspirational vision, the Future Value Proposition balances internal expectations with
externals probabilities.
FUTURE VALUE PROPOSITION
What defines society in the future? Why would the society still purchase our
products? What problems would exist in the future that we can solve?
© DANIEL EGGER 2013/2014
Value Policies connect the present Value Proposition with the future desire one.
They create a corridor of actions to guide the execution aligned to the vision.
Additionally they reduce the necessity to make decisions in a case-by-case basis increasing organizational agility. Not
confusing with Strategic Themes, policies guide decision making in a complex
environment.
What are the main changes between the present and the Future Value Proposition? How
can we guide our organization to our vision?How is our current strategy map aligned?
VALUE POLICIES
© DANIEL EGGER 2013/2014
Strategic Options offers a tactical as well a strategic advantage. They represent strategic objectives, projects, ideas,
concepts and actions already aligned with the Value Policies. It is a pool of ideas
collected constantly from several areas and from outside of the organization. It
allows the organization to act faster in the short term and stay aligned to long term
value generation.
STRATEGIC OPTIONS
What options does our organization already have? Do we have any strategy contingencies
actions in place? Do we have a balanced mix of options for tactical and strategic management?
© DANIEL EGGER 2013/2014
© DANIEL EGGER 2013/2014
What are the drivers of change?Which affect us most today?Which could affect us most in the future?Which do we like to influence?
What value matters in society?What positive and negative experiences do our customer experience?How are the cycles and chains?What value and experience does the customer perceive?
What are possible and probable future contexts? What new logics may exist?
What is our vision of society and organization?
What are the main changes between the Value Propositions.How can we guide our organization to our selected future value?How is our current strategy aligned?
What options, projects and initiatives does our organization already have aligned to the Value Policies? What process do we have in place that captures and creates new strategic options?
The future society is defined by what values and believes and how do we attend them?Why would the society still purchase our products? What problems would exist in the future that we can solve?What value could we offer?
Future Studies
Vision Statement
Value Generation
Strategic Process
© DANIEL EGGER 2013/2014
The Value Trail describes the point of departure, the selected future reality and how to get there. It offers a strong and logic link to communicate the strategic
north and what value is needed. Its objective is to align the internal and external stakeholders with what is
strategically relevant.
© DANIEL EGGER 2013/2014
VALUEPOLICIES
PORTFOLIOOF CHANGE
FUTURE VALUEPROPOSITION
The Decision Trail describes the organizational agility and resilience. It allows a constant follow up with
the changes of the selected portfolio. Aligned to the long-term
goal and strengthened by the existing options it allows a faster and
balanced decision making.
© DANIEL EGGER 2013/2014
Diagnostic Cycle Decision Cycle
Understanding what information, tools, methods, people, processes and projects we
already have.
Understanding the Official Futures, Tension Points and Stakeholders
Gap analysis
Mastery and strategic decision-making
Stakeholder integration
Gap compensation
© DANIEL EGGER 2013/2014
© DANIEL EGGER 2013/2014
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If you have any suggestions send me an email [email protected]
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