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Exploring Values
12.02.2015 0
4
Phil Harfield
Eco Desing Centre Wales
Exploring Value
12.02.2015 1
assumption
as¦sump|tion
A thing that is accepted as true or as
certain to happen, without proof
i.e. 'they made certain assumptions about
the market’
potential
po¦ten|tial
Having or showing the capacity to
develop into something in the future
i.e. ‘a campaign to find potential
customers’
Source: http://www.oxforddictionaries.com/definition/english/
Exploring Value
12.02.2015 2
Exploration activities1
2
Product-Service & BM design
Key assumptions
3
The opportunity to add value through better products, processes and services is what
separates eco-innovation from other resource management actions available to business
(EDC, 2014)
Prioritise & group4
5 Test & Validate
service
performance
Exploring value
Potential value of product & service performance?
12.02.2015 3
product
performance
Function
Technical
life
Useful
life
Performance
maintenance
Efficiency
stewardship
Ownership &
partnership
Resource
stewardship
Exploring value
12.02.2015Name 4
assumptions
made
Maximise
technical
life
Maximise
service life
Maximise
useful life
Optimise
EoL
Value Impact Company Fit
Fit with
strategic
vision
Resulting cost
reduction/reve
nue benefit
Contribution
to capacity &
resilience
Resulting
eco-benefit
Size of market
opportunity
Resulting
Social-benefit
Fit with
company
infrastructure
Fit with
Finances
Fit with
Knowledge &
skills
Minimise
energy use
Reduce use
of Target
Materials
Potential for lifecycle performance?
?
potential offered
product
market
organisation
system
Exploring value
WHY: Potential is
everything:
What is the potential to extend
product life?
What is the potential to reuse
the product?
What is the potential to recover
the materials?
What is the potential to service
the product?
12.02.2015 5
-8,00
-6,00
-4,00
-2,00
0,00
2,00
4,00
6,00
8,00
ReDesign Potential
Organisational Potentia
ReMarket Potential
Life Extension Potential
ReUse Potential
ReCycle Potential
Benchmark vs. Eco-innovation
Eco-innovation Benchmark
Eco-innovation potential tool available at:
http://www.cyc-led.eu/Publications.html
Value exercise
1. Based on the given eco-innovation ‘potential’
statements explore potential & quickly identify
the key assumptions needed to realise this
potential?
2. Feedback: relate the top three assumptions based
on their significance to deliver this potential!
12.02.2015 6

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2015 02-11-eco-innovate-in-lighting-04 exploring values cyc led

  • 1. Exploring Values 12.02.2015 0 4 Phil Harfield Eco Desing Centre Wales
  • 2. Exploring Value 12.02.2015 1 assumption as¦sump|tion A thing that is accepted as true or as certain to happen, without proof i.e. 'they made certain assumptions about the market’ potential po¦ten|tial Having or showing the capacity to develop into something in the future i.e. ‘a campaign to find potential customers’ Source: http://www.oxforddictionaries.com/definition/english/
  • 3. Exploring Value 12.02.2015 2 Exploration activities1 2 Product-Service & BM design Key assumptions 3 The opportunity to add value through better products, processes and services is what separates eco-innovation from other resource management actions available to business (EDC, 2014) Prioritise & group4 5 Test & Validate
  • 4. service performance Exploring value Potential value of product & service performance? 12.02.2015 3 product performance Function Technical life Useful life Performance maintenance Efficiency stewardship Ownership & partnership Resource stewardship
  • 5. Exploring value 12.02.2015Name 4 assumptions made Maximise technical life Maximise service life Maximise useful life Optimise EoL Value Impact Company Fit Fit with strategic vision Resulting cost reduction/reve nue benefit Contribution to capacity & resilience Resulting eco-benefit Size of market opportunity Resulting Social-benefit Fit with company infrastructure Fit with Finances Fit with Knowledge & skills Minimise energy use Reduce use of Target Materials Potential for lifecycle performance? ? potential offered product market organisation system
  • 6. Exploring value WHY: Potential is everything: What is the potential to extend product life? What is the potential to reuse the product? What is the potential to recover the materials? What is the potential to service the product? 12.02.2015 5 -8,00 -6,00 -4,00 -2,00 0,00 2,00 4,00 6,00 8,00 ReDesign Potential Organisational Potentia ReMarket Potential Life Extension Potential ReUse Potential ReCycle Potential Benchmark vs. Eco-innovation Eco-innovation Benchmark Eco-innovation potential tool available at: http://www.cyc-led.eu/Publications.html
  • 7. Value exercise 1. Based on the given eco-innovation ‘potential’ statements explore potential & quickly identify the key assumptions needed to realise this potential? 2. Feedback: relate the top three assumptions based on their significance to deliver this potential! 12.02.2015 6