Elevator

Leverage resources to balance and address costs (financing and impact) and benefits (profit and opportunity).

Concerns

Incentives are usually skewed towards solutions and efforts that are easier to accomplish and shorter term.   Costs increase and time-to-market is longer as each effort and solution is treated independently of each other as each tries to optimize without leveraging what is around.

Guidance

There are six economies that leverage resources to provide the best advantages.

Economies of Scale is the idea the more that something is done, bought, or used the cheaper per unit the cost..

Economies of Scope is the more something is shared the easier and cheaper it is.

Economies of Technology refers to the leverage provided through automation, not only to processes, but also to accessing information.

Economies of Networks refers to the leverage connecting the external factor markets to the internal use of resources.

Economies of Substitution occur when a newer more advanced innovation can be substituted easily for what is already in place.

Economies of Stamdards leverages standard mehods of engagement, processes, and technologies to reduce he costs and time needed to accomplish things.

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