Unlocking Latent Value… What Does It Mean?
Improved profits and greater efficiency.
Capitalising on assets that exist but are hidden.
Getting everything you can out of what you’ve got.
A Bit of Theory
Every business has a hypothetical ceiling of value. Perhaps the percentage figures for target growth or the revenue described as “wishful thinking”. Latent value is that which is available, but not yet seen, found or used. It is the gap between current reality and future possibility.
Latent value is what is hidden. It is what is available, there for the taking even when the quick wins have been had.
Where To Find Latent Value
Latent value is locked up within operational, functional, educational, psychological, marketing, departmental, employees, clients, compliance, strategy and tactics. Each aspect or silo that makes up a successful business contributes to the labyrinth of latent value.
Irony of Unlocking Latent Value
When you’ve unlocked the value it seems obvious. But it’s only obvious after its unlocked. Why? Because it’s very difficult to unlock a silo by yourself. Thinking and planning on your own or with people who know and have unwittingly built the silos will only get you so far.