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Value Webs

“Value webs” are groups of networks that span and connect whole ecosystems of people and companies. Value webs are characterized by complex, connected, and interdependent relationships, in which knowledge flows, learning, and collaboration are almost as important as the more familiar product flows, controls, and coordination.

 

Properly activated, these value webs can be more effective on multiple levels, such as reducing costs, improving service levels, mitigating risks of disruption, and delivering feedback-fueled learning and innovation. The trend toward value webs is likely to accelerate as new technologies generate more data, provide greater transparency, and enable enhanced connectivity.

 
Values

A position or perspective that is intrinsically important to someone.

 
Value-Stream Mapping
“Value-stream mapping” is a technique for identifying potential process improvements by drawing an end-to-end map of the process and examining each step to determine which efficiently adds value to the final product.
 
Vanishing Champion
A “vanishing champion” is the executive sponsor of a change initiative who leaves the project at some point prior to its completion—creating a void with the project’s decision-making and support processes, and threatening both its conclusion and success overall. A successor champion, once identified, then steps into the executive sponsor role to promote the completion and achievement of the change initiative.
 
Versioning / Version Control
Versioning and "version control" represent a process by which documents are checked in to or out of a document management system, allowing users to retrieve previous versions and to continue work from a selected point. Versioning is useful for documents that change over time and require updating, but it may be necessary to go back to a previous copy.
 
vILT
Virtual instructor-led training.
 
Virtual Classroom
The “virtual classroom” is a tool for delivering live e-learning. It is often called “synchronous e-learning.” The interface mimics the face-to-face classroom in many ways with a roster, hand-raising icon and an instructor leading the group. The primary difference between the face-to-face classroom training and virtual classroom training is that the latter is used to deliver content live, over the Internet to people who are geographically dispersed.
 
Virtual Synchronous Classrooms
“Virtual synchronous classrooms” provide collaborative learning in a real-time environment. Synchronous e-learning involves groups of people learning from the same content at the same time online.
 
Visible Diversity
“Visible diversity” (also known as “traditional diversity”) includes the dimensions of culture, ethnicity / race, nationality, gender, mental / physical status (often referred to as disability), and age. Additional dimensions which may or may not be visible include sexual orientation, language, religion, and veteran status.
 
Voice over IP (VoIP)
“Voice over IP” (VoIP) is a transmission technology that transports communication via the Internet. It is also referred to as Internet telephony.