VCW – Value Creation Wheel ®
VCW- Value Creation Wheel is a real-life problem solving framework frequently used by key decision makers of organizations, governments, societies to solve their priority challenges and problems. It is also frequently applied by individuals to solve their personal challenges.
The VCW is used in over 20 countries for teaching, research, coaching, and consultancy purposes. It results from two decades of partnerships across the world. It has been applied as a problem-solving tool in companies across different sectors (from start-ups to Fortune 500 companies), public policy projects (from rebranding of cities until the creation of innovation cities), and over 20 schools across different countries specialized in different fields (e.g., business, medical, biotech, engineering and technology, law, and science schools). These two decades of projects and research led to the VCW’s robustness. Its unique DIANA (theory) and TIAGO (practice) databases need to be managed in every VCW project across 4 critical dimension: depth, height, width, and 3Ms (Menpower, Minute, Money).
The VCW uses the input from internal and external stakeholders to discover implementable solutions (Go/No-Go). Compared to other problem-solving tools, the VCW offers unique features at different levels:
a) promotes team building with internal stakeholders, while involving supportive and/or skeptical people, children and/or elderly people,
b) supports innovation while involving external stakeholders,
c) requires the commitment of key decision makers on critical steps,
d) is both agile and structured,
e) separates ideas/solutions from filters/criteria,
f) is a transversal meta-framework proven in innumerous contexts, and
g) presents a MAP approach (Maximize, Analyze, Prioritize) to find the best value proposition and the final solution(s).
In order to achieve the best possible result, the VCW is a meta-framework which may partner and/or integrate existing solutions, established tools or other frameworks such as: the 5Whys, situational analysis, RELQUAL, brainwriting, brainstorming, bank of ideas, design thinking, scorecards, BCG Matriz, McKinsey matrix, McRisk Assessment Matrix, SERPVAL, strategic triangle, SCAMPER, business model, business plan, finacial plan, KPIs, among others.
The VCW presents solutions customised to each specific case. In order to do so, the VCW has its own “agile-structured” approach and partners across the globe in different fields. Please contact us if you wish to develop a tailored solution for your specific challenges aligned with your own vision.