Abstract
In the last chapter, we reviewed how the expected value of the learning that influences a decision in a data-to-learning-to-action process can be quantified. This chapter will introduce the concept of total value, which includes learning value, and describes how optimizing expected total value across an organization’s portfolio of investment opportunities is the path to optimizing the organization’s long-term performance.
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Ghemawat, P., “Building Strategy on the Experience Curve”, Harvard Business Review, March–April 1985.
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© 2018 Steven Flinn
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Flinn, S. (2018). Total Value. In: Optimizing Data-to-Learning-to-Action. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-3531-7_7
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DOI: https://doi.org/10.1007/978-1-4842-3531-7_7
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Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4842-3530-0
Online ISBN: 978-1-4842-3531-7
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