1.4: Identify & define digital opportunities and structure problems

Chapter: 1. Define Digital Opportunities
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The Value Impact Matrix

Strategic
High Potential
Value will be mainly from
DOING NEW THINGS
and some things better.
It should be MEASURABLE
And can be both quantifiable value
with financial benefits as well as Social
Return on Investment (SROI)
Value/Benefits are unknown at this stage,
but
They should result from
DOING NEW THINGS and
Be observable or
measurable
Value & Impact will be mainly from
DOING THINGS BETTER plus
Doing some new Things or
stopping/streamlining
Things and be
QUANTIFIABLE/FINANCIAL as well as
Qualitatively Tangible such as SROI
Value will be mainly from
STOPPING DOING non-value adding
ACTIVITIES and THINGS
And doing Things better and can be
Financial or Non Financial
Key Operational
Support

Further Classify your Value & Impact and identify those which are strategic or more operational – as well as estimating their future potential impact.

Contextualise the 2X2 Value Impact Matrix using these headings and classifications and put these into your business case