**August 22, 2023** #### Links [Transistor](https://share.transistor.fm/s/af470718) [Spotify](https://open.spotify.com/show/3DBRCVFep0YbYeLPcVVXQv) [Google Podcasts](https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy50cmFuc2lzdG9yLmZtL2Vzc2VudGlhbC1keW5hbWljcy13aXRoLWRlcmVrLWh1ZHNvbg?sa=X&ved=2ahUKEwjU5s2YkOqAAxU7ko4IHUjRA6wQ9sEGegQIARAF) [Apple Podcasts]() [Podcast Addict](https://podcastaddict.com/podcast/essential-dynamics-with-derek-hudson/3153944) #### Summary Glen and Derek explore ways to help organizations grow, despite the fact that each has a unique challenge. They talk about value creation systems and how they contribute to resilience, which is critical when facing an uncertain future. #### Concepts - [[Value Creation System]] - [[Resilience]] #### Quotes >People get up every morning with the intention of creating value. That's the natural energy that powers any organization. >If you're not working at the constraint then improvements in other places don't help, even if you get a grant or a subsidy. >We were asking businesses, "what's the one thing that if it didn't exist, your business would be terribly imperiled or fatal?" They really had a difficult time understanding what was essential for their business to thrive. But they were really good at identifying all the impediments that got in their way, and the majority of those were external. >A business that understands how it creates value has the potential to be resilient in the face of both opportunity and adversity. #### See also - [[Episode 37 Glen Vanstone - Competing to Win]] - [[Episode 77 Glen Vanstone - Uniquely Stuck]] - [ThresholdImpact Venture Mentoring Service](https://www.ualberta.ca/alumni/career-support/venture-mentoring-service/index.html) - [Innovation Masterminds Edmonton](https://www.imyeg.com/) %% >There is some value in stepping back and defining your business model, or another way we describe it is, the system with which you create value. And if you're very clear on the system with which you create value and you understand the inputs, the process steps, and the outputs, the drivers, the constraints - if you understand that, if you've taken a position on that, when the environment changes, you can lift up the hood and tinker with what you've got, which is far more productive than hoping for the time when the conditions realign around the model you've developed unconsciously. %% ^g2077o