Improve the system, not (just) the outcome
Jinfo Blog
21st October 2021
Abstract
Everyone's interested in how information contributes to successful business outcomes in R&D, and anecdotal evidence is not uncommon. If you need measurable, repeatable results each quarter, or by year-end, Value Chain analysis gives you insight into the value of information across the whole field of R&D.
Item
For years I've pronounced the truth:
"Information is essential to drive business outcomes"
However, the statement is somewhat misleading, because it misses the critical reason our methodology of Value Chain analysis works:
"Information is essential to the systems that drive business outcomes"
Value Chain analysis is fundamentally about:
- analysing business systems, and then ...
- creating a measurable information strategy for improving them.
This is why we're focusing a lot on R&D at the moment. Regardless of the organisation or goals, R&D systems are relatively consistent and predictable. Some are complex, some are simple, but they all follow this basic progression:
Everyone wants to focus on how information contributes to the launch of a successful product – the groundbreaking new drug, the innovative use of prior knowledge, the single report that avoided a regulatory headache. These success stories are hard to identify, anecdotal in nature, and take a long time (as in, years) to track.
But what if you need measurable, repeatable results each quarter or by year-end?
Value Chain analysis gives you insight into the value of information across the whole of R&D – it's practical, tangible, and completely changes how stakeholders perceive information.
Let's look together at your systems and how you can have a measurable impact now with Value Chain analysis. Contact me at robin.neidorf@jinfo.com, or complete the enquiry form.
- Blog post title: Improve the system, not (just) the outcome
- Link to this page
- View printable version
The AI agents are coming!
Community session
16th July 2024
GenAI in the news, access to private company data evolves and suppliers are getting to grips with AI
Blog posting
5th June 2024
Preqin's for sale. If you're a client, do this now
YouTube video
20th June 2024
- Jinfo Community session (TBC) (Community) 25th September 2024
- The AI agents are coming! (Community) 16th July 2024
- US private company data – what’s new? (Community) 18th June 2024