Comments on: Value in Lean http://blog.nayima.be/2010/01/29/value-in-lean/ Treppenwitz in public Fri, 30 Dec 2011 10:02:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Curious Cat Management Improvement Blog » Management Improvement Carnival #93 http://blog.nayima.be/2010/01/29/value-in-lean/comment-page-1/#comment-22516 Curious Cat Management Improvement Blog » Management Improvement Carnival #93 Thu, 01 Apr 2010 19:34:07 +0000 http://blog.nayima.be/?p=2102#comment-22516 [...] Value in Lean (Thinking for a Change): How do you define “value” – there are many ways. [...] [...] Value in Lean (Thinking for a Change): How do you define “value” – there are many ways. [...]

]]> By: Franco Martinig http://blog.nayima.be/2010/01/29/value-in-lean/comment-page-1/#comment-22502 Franco Martinig Wed, 24 Feb 2010 14:36:12 +0000 http://blog.nayima.be/?p=2102#comment-22502 With the recent news it may be time to "pull the brake" on the value of the Toyota system ;o) More seriously I hope that this will not have a negative impact on people trying to move to lean values. With the recent news it may be time to “pull the brake” on the value of the Toyota system ;o) More seriously I hope that this will not have a negative impact on people trying to move to lean values.

]]> By: Chad Albrecht http://blog.nayima.be/2010/01/29/value-in-lean/comment-page-1/#comment-22463 Chad Albrecht Wed, 03 Feb 2010 19:37:14 +0000 http://blog.nayima.be/?p=2102#comment-22463 Value should be quantified by what people are willing to pay for something. Per Wikipedia: <blockquote cite="http://en.wikipedia.org/wiki/Value_(economics)">In neoclassical economics, the value of an object or service is often seen as nothing but the price it would bring in an open and competitive market. This is determined primarily by the demand for the object relative to supply. Many neoclassical economic theories equate the value of a commodity with its price, whether the market is competitive or not. As such, everything is seen as a commodity and if there is no market to set a price then there is no economic value.</blockquote> While this is often difficult, I believe it is one of the underlying issues in the software development industry today. I've presented some tools to directly connect value to dollars in by blog post <a href="http://blog.chadalbrecht.com/post.aspx?id=10a5a8b1-2bb6-4fef-b612-5bae80e121fe" rel="nofollow">The Dollar Value of SaaS Features</a> I would love to hear your thoughts on this! Value should be quantified by what people are willing to pay for something. Per Wikipedia:

In neoclassical economics, the value of an object or service is often seen as nothing but the price it would bring in an open and competitive market. This is determined primarily by the demand for the object relative to supply. Many neoclassical economic theories equate the value of a commodity with its price, whether the market is competitive or not. As such, everything is seen as a commodity and if there is no market to set a price then there is no economic value.

While this is often difficult, I believe it is one of the underlying issues in the software development industry today. I’ve presented some tools to directly connect value to dollars in by blog post The Dollar Value of SaaS Features

I would love to hear your thoughts on this!

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