Re:We've failed: open access is winning and we must change o...
by wpietri on Sunday September 17, 2017 @10:23AM
(#15269721)
I think a root of this problem is traditional framing of business accounting, which focuses on revenues and costs. That has some utility, but when it's the only perspective, you miss things.
Imagine a hamburger shop. In the traditional frame when you want to make more money, you raise revenues (sell more! raise prices!) or cut costs (cheaper ingredients! minimize labor costs!). Using the traditional approach, it's easier to "optimize" by make your product worse and worse.
The Lean Manufacturing folks, on the other hand, look at business as an exercise in value creation for the customer. They split things into value generation vs waste. When they optimize, they look for ways to reduce waste and increase value for the customer.
That focus on value creation is necessary to start businesses; it's hard to build an audience if you're not providing value. It's a shame that it gets lost over time, with profit being the only focus.
Imagine a hamburger shop. In the traditional frame when you want to make more money, you raise revenues (sell more! raise prices!) or cut costs (cheaper ingredients! minimize labor costs!). Using the traditional approach, it's easier to "optimize" by make your product worse and worse.
The Lean Manufacturing folks, on the other hand, look at business as an exercise in value creation for the customer. They split things into value generation vs waste. When they optimize, they look for ways to reduce waste and increase value for the customer.
That focus on value creation is necessary to start businesses; it's hard to build an audience if you're not providing value. It's a shame that it gets lost over time, with profit being the only focus.