Karthik Vengatesan's: Non Value Creation - The Flipkart Way: While I was introduced to Lean Concepts at Cognizant, there were three important terms that was explained. Value added activities - those a...
Karthik, just to supplement your wonderful observations on FLIP KART, here are the five ways to compute the arithmetic of Value creation.
1. Value addition - Employment - Input + value add= Value added output
2. Value erosion - Investment in any hardware that depreciates with time - Like a car : Real time resale value always less than real time purchase value
3. Value division - Tragedy of commons- Ancestral Property gets divided and subdivided with every generation until the value of the parts gets infinitely smaller than the value of the whole - Same applies to politics and brand equity.
4. Value multiplication - Customer loyalty that grows the intrinsic value organically with time and
5. Value exponentiation - Education -pay once and enjoy accelerated rental value for life.
I like the design of your website and would like to upgrade my blogpost to yourstandards from you when we meet today.
Please bring your laptop.
Congratulations again.
Shekar
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