2. Extracting Value vs. Creating Value
All business identify value then capturing some of that value,
in some cases at the expense of others.
• Extracting Value:
– Example 1: Press 1 for ….
– Example 2: Twitter recently
added advertisements
• Creating Value:
– Drop 1 OCI point =
• 1 inch of rain
• 100,000 car trips
• 30,000 truck trips
– Patching = 80 (3x max)
• $1000/acre
– Slurry Seal = 85 (3x max)
• $20,000/acre
– Asphalt Overlay = 90
• $500,000/acre
– If below 70 must SS or AO
– If below 65 must AO
3. Extract or Create?
• Uber? Do they make a better product? Do they take
from another industry
• AirBNB? Ebay?
• Outsourcing?
• Outsourcing specific skills? Are they core to your
business?
• Professional GIS placement services?
• Call from India. Wanted to bid a job, but they wanted
Evari to Prime. Why? What value is Evari bringing?
Does it have anything to do with our core business?
4. As GIS Professionals, what should we
do?
• Understand the core business?
– Doesn’t mean we can’t leverage opportunities.
• Evari’s core business is in helping our clients
find value through answering geography
based questions.