METHOD

Workscape Value Creation Plan

Purpose

Value is something that can be created, claimed and contributed. However it needs intention that translates into action. Knowing exactly what action to take, makes it easier to get started and follow through. And if necessary to be accountable to yourself or others, that you have achieved what you intended. 

This method guides you to determine useful actions, and the results you seek to achieve by those actions. This method is a natural follow-on from the Workscape Value Exchange Ledger™ method.

Method steps

CRITICAL MINDSET: This method guides you to a personal perspective of the value-related actions that matter to you. Do not censor yourself in what you think others want you to contribute, claim or create, or what others say is only possible to claim. 

A. Compose your plan

1. Determine the value elements you want to contribute, to claim, and to create for yourself within a particular time period.

TIP 1: Use the value element items from your desired Value Exchange Ledger™.
TIP 2: Set a time period of short-term time period of 2-3 months, rather than a long-term period like 1-2 years.

2. For each value element, prepare a definition expanding from the single word/term to a meaningful sentence. e.g. “EXPERIENCE” become “Work experience with For-Purpose businesses that I believe in”.

3. Create a table with four columns, that includes the three aspects of value creation logic:

a. Value element – A detailed definition of the value element being addressed
b. Scope of value – A quantitative or qualitative description of the scope, intensity or frequency that defines the threshold at which value is meaningfully achieved
c. Activity for value – The actions to take to achieve the scope 
d. Responsibility – The person or people responsible for the activity

4. Enter your list of defined value elements in the first column.

5. For each value element, define a scope in either qualitiative or quantitative terms. This provides a threshold or level for which you are aiming to achieve. Put this information in the second column.

6a. For value elements you will contribute: Describe the specific actions, behaviours or arrangements by which you will consciously contribute value that is within your control.

6b. For value elements you will claim: Describe the specific actions or arrangements by which you will claim value from another entity to which you are entitled.

6c. For value elements you will create or co-create: Describe the specific actions and/or arrangements by which you and/or others will create the value you seek. Consider who will be involved, and if it includes others, invite them to participate in defining the actions and arrangements.

  • Self-determined individuals don’t expect an organisational representative to be the sole source of created value. They take responsibility to create value by themselves. They creatively invite and utilise other people and organisations within their full workscape in value creation activity. (They even strategically plan that desired value might be for a later era in their workscape.)
  • As an employee, value creation can be done with your boss and even colleagues and peers. There is likely mutually beneficial possibilities to creating the value you seek (and they seek), collaboratively. It may be that you seek the same or related value, and can be the source for each other.
  • Sometimes the value you seek to create will only come from someone else, like RECOGNITION or SPONSORSHIP. That is, you need someone else to do the recognising/sponsoring and promoting that comes with it. Be sure to cultivate quality relationships as the basis for getting such value in your exchange.

7. For each value element, enter information about the actions and arrangements in the third column. Provide enough information that someone other than you would understand what you mean.

8. In the fourth column add the names of the people responsible for actions regarding each value element. 

  • When others are involved be sure to have had a meaningful discussion about expectations and agreements you are making with them. 

9. Review the whole plan and check that the actions and scope are actually achieveable within the time-period set for this plan. Amend as needed so your plan is realistic, not aspirational.

Example of Planning Output

Value element Scope of value Activity for value Responsibility
VALUE IN
Loyalty Others receive my attitude of constancy and faithfulness I can refer to multiple moments when I was faced with a choice, and I chose to be faithful Being clear about my commitment and aligning my choices to this Me
VALUE OUT
Enhanced Reputation Others perceive me in a better and meaningful way 3 amazing stories told about me, of my participation in great work Being associated with observant people and participating in projects  that are interesting challenging and high performing Me with a willing project collaborators
Belonging A strong sense of belonging to a group People know my name and can talk about what is important to me Being an member of a group where I have been properly welcomed and integrated Me
Money Payment for the hours I work $1,000/day contractor rate Claim what is stipulated in my contract through regular pay cycles Acme Pty Ltd

B. Execute your plan

1. Take action as defined in the plan.

2. Periodically monitor and review whether the scope of value is being achieved. Do this at least every two weeks.

  • If you are ever feeling unvalued or undervalued, reference the plan as you consider if there is a breach of the agreement that was made. Have conversations with the relevant people and make the changes needed to return to a state of agreed value-based activity.
  • Consider your plan when you are participating in Performance Reviews and Work Planning. How can parts of your value creation plan be realised? How might your plan need to adjust to changing circumstances?

 3. At the end of the plan’s time-period, evaluate how things went. Celebrate the good things. Consider any lessons to be learned about composing and executing future plans.

Related methods

Advice for a teamleader

We provide coaching sessions for individuals who want a personal guide in undertaking this method for the first time. You may wish to purchase this service as a developmental opportunity for a member of your team, who is already familiar with the Workscape Value Exchange Ledger™ method.

If you’d like your whole team to experience this method, as well as the precursor Workscape Value Exchange Ledger­™ method, consider the Value at Work team workshop. Contact us to explore this option.

Creative Commons License

This content by RHX Group — product owner of value(x) — is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License