Value Ecosystems Value Flow Goat Farmer Value flows naturally “downhill” when the giver values the thing less than the receiver. Value Exchange Goat Farmer Simple Barter Schemes Goat Farmer Farmer Fundamentally everything is barter. Farmer Money was invented to make barter easier. Labor Goat Farmer $ Goat/$ Farmer Farmer $ now Farmer Farmer $ later Abbreviation to reduce arrows. Loans. Chains Supply Chain Frick Steel/$ Carnegie Wasabi Value Chain Car/$ Ford Car + Service/$ Dealer Driver Mediation $ now Farmer $ now Bank $ later Farmer $ later What value does a bank provide? • • • • Aggregation: Many farmers on each side Timing Information Makes a market Education Student Knowledge/$ School To reduce arrow proliferation I say “A/B” to indicate a twoway flow where “B” goes backwards. Education Student Knowledge/$ CMU Research/$ Microsoft Education with Goal Details Student Knowledge/$ CMU Research/$ Persona Goals Student Career, Spouse, Fun, Money, Status, ? CMU: Professor Influence, Fame, Understanding CMU: Provost Money, Brand Microsoft: Manager Acquire talent, Answer questions Microsoft: University Access, Prestige Relations Director Microsoft Education Student Gratitude? Parent Knowledge CMU Research/$ Microsoft Education Student ? Parent Knowledge/$ Research/$ Microsoft CMU Government Biological Value Exchange Shelter Human Bacteria Digestion gametes Male Flower Bee pollen pollen Female Flower Advertising Newspaper News + ads? / $ Reader Merchant Goods /$ Notation: “?” means an item might not have value. For example, an ad has value to the reader only if she wants to buy the item advertized. Washington $ + Staff work Lobbyist $ Special Interest Congressman $ Media Citizen Google Search Product/Se rvice Company Google Ad Words Show ad/$ Ads in Search Page Rank Goods/$ links make search better search terms and selections make search better Searcher Web site maker Google AdSense show ads to relevant people Product/Se rvice Company show ads related to page content Google Web Site Owner Pay per click Pay per click product/ service? Content + ads Browser Google Transit Value Flow Merchants Google Maps Goods Buses, Taxis, Limos ride Schedules + ads Plan + Local ads Travel demand information Traveler Ridesharing Free Spaces? Parking Garage Rideshare Ads on site buy ads Potential fees Route Matcher Discount Plan + ads Travel demand information ride HOV access Driver Rider tip NuRide Value Flow Merchant +ads Coupon distribution +coupons NuRide Ads on site Employers or City Matcher Reduced congestion Goods Plans+ads+ coupons ride Driver Rider Telecommuting Lower commuting cost Lower travel subsidy Free Spaces in Lots & Offices? Employer Loyalty? Employee Communication Webex (e.g.) Bands2Fans Fan Concert,CDs/$ Band