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Overview

The Cambridge value mapping tool uses a methodical and visual strategy to pinpoint instances of 'value uncapture,' specifically focusing on unsuccessful value exchanges, encompassing missed, depleted, surplus, and absent values. The assessment of value exchange is conducted by considering the perspective of every stakeholder within the business network, ensuring that both the natural environment and the society are acknowledged as distinct voices with their respective stakes in the business.

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Dimensions

Resource type: The Cambridge Value Mapping Tool is a practical instrument that aids in the visualization and analysis of value streams within a business context.

• Tags: tool, framework, step-by-step

Objective: This tool aims to map out and identify areas of value creation, missed opportunities, and potential for sustainable growth within a company.

• Tags: map, assess

Target audience: The tool is designed for a diverse audience, including those involved in business strategy and sustainability, making it suitable for a range of users from different sectors.

• Tags: entrepreneurs, researchers, educators, practitioners, students, corporations

Sustainability focus: With its emphasis on environmental, social, and economic aspects, the tool directly addresses the three pillars of sustainability.

• Tags: environmental-sustainability, social-sustainability, economic-sustainability

Innovation type: The tool supports innovation in business models by encouraging users to consider new ways of creating value that are sustainable and beneficial to all stakeholders.

• Tags: business-model-innovation, social-innovation

Entrepreneurship stage: It is applicable across various stages of entrepreneurship, particularly useful during the design and implementation phases where sustainable value creation is critical.

• Tags: design, implementation, growth

Scope of relevance: While the tool can be applied globally, it can be more or less relevant depending on the size and spread of the value chain and business.

• Tags: global, national, regional, local

Methodological approach: The tool employs a structured, step-by-step, and visual process that is both analytical and participatory, aligning with a mixed-methods approach.

• Tags: mixed-methods, theoretical-frameworks

Skill development: Users of the tool can expect to enhance their skills in systems thinking, holistic analysis, and sustainable strategy formulation.

• Tags: systems-thinking, holistic-thinking, business-and-financial-skills, value-analysis

Source and credibility: Originating from a reputable academic institution and having gone through five years of visual and conceptual iterations, the tool has been used in academic context and applied in industry workshops.

• Tags: academic-institutions, recognized-experts, research-based

Prerequisites and requirements: The tool is designed to be accessible to a wide audience, with no specific prerequisites needed for its basic application.

• Tags: none, beginner-level

Collaboration level: The tool can be used individually and in collaborative settings. The tool encourages collaboration around it across departments and functions within an organization.

• Tags: individual, team, community

More information can be found at The Cambridge Institute for Manufacturing (IfM).

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Resources