EVI: IMPROVING THE WAY ENTERPRISES DO BUSINESS

EVI METHODOLOGY

EVI is designed to enable start-ups and enterprises to create more value by aligning operations with needs of buyers and market segments. The methodology prioritizes business processes that create value for customers as well as investors. This enables greater collaboration between departments such as finance, marketing, and information systems.

VALUE CREATION

Business analysts (BAs) identify specific processes that destroy value for customers and shareholders. Relentless reengineering by business process management (BPM) practitioners is required to streamline or eliminate these processes. By prioritizing and re-engineering processes in a new way, EVI drives millions or billions of dollars of value to the bottom line.

CONSUMER EXPERIENCE

Shoppers can select from many in-store and online retail options. They develop loyalty to brands that have earned their trust over time. Business processes enable retailers to keep brand promises because they assure consistent standards are executed. Each retailer has the ability to mass customize the customer experience, while creating more value.

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Processes and Cloud Computing

It is most cost effective to implement EVI during a cloud migration from on-premise systems. However process improvements should be a continual part of any retail operation. Many retailers have made the move to the cloud, and have been challenged to make improvements. Watch the Udemy training series by Stephen Turner to get an in-depth view of the cloud infrastructure that makes EVI an advantageous way to create value. Udemy is a learning platform with more than 10 million students. “Cloud Computing Sales” is currently rated five stars, the highest of any course.

Some Retailers are Migrating to the Cloud

On-premise legacy systems used by retailers work at a sufficient level to be reliable, therefore it is difficult to justify replacement. Some see a move to the cloud as a risk. Retailers that migrate to the cloud are doing so because they have developed strategies to innovate their business models based on a need for more flexibility. EVI can be applied to processes used within on-premise systems as well as on the cloud with web services. Either way, EVI enables retailers to drive more more value to customers and shareholders.
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Cloud Computing

The Udemy series “Cloud Computing Sales” by Stephen Turner is an excellent primer. Lecture five focuses on business model innovation. Lecture eight provides an excellent overview of the cloud computing stack, XaaS, deployment options, and the different vendors who compete for business.

Getting Started

If you are a retailer, start by working with Known-Quantity to identify a small number of processes that destroy value. Deploy the EVI methodology to make your information systems deliver more value. The immediate impact of this will be visible on your bottom line.

Training

The quality of the Udemy series hints at what your organization do with the right training. There are a number of online learning modules that give staff flexibility. Your organization can also participate in on-site training to enable your teams to apply the principles and best practices of EVI on a daily basis.

LET’S CREATE VALUE TOGETHER.

Enterprise Value Integration was developed by Known-Quantity. Contact us to see how your organization can leverage the cloud.

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