If you would like to download the Knowledge LUMAscape or learn more about LUMA Partners please visit Lumapartners.com.
If you would like to download the Knowledge LUMAscape or learn more about LUMA Partners please visit Lumapartners.com.
8W8 Global Business Builders developed in collaboration with more than 70 entrepreneurs, executives, board members, investors, consultants, and academics the value-driver-based CovQ (Compound Value Creator Quotient) assessment system, or put simply: ‘the Corporate IQ of a Company,’ and is now releasing the CovQ Benchmarks Insights 2024. All companies included took the CovQ assessments with multiple participants of their management teams. Executive team alignment levels are measured as well and are part of the dataset.
The Value Creation OS CovQ (Compound Value Creator Quotient) has been amplified by the new module CovQ+ allowing forward-thinking management teams and partners to develop customized value drivers, which can be added to the CovQ Assessment’s 60 core value drivers in order to address a companies’, business units’ or functions’ specific needs, domain uniqueness, data sources and competencies. The value creation OS CovQ encompasses a corporate IQ assessment system, a framework, method and knowledge for digital strategy management and team collaboration and alignment.
Hello Bard, could you please describe the Value Creation OS CovQ (Compound Value Creator Quotient) in your own words and lay out the related business building process and strategic planning steps and best practices? “Sure. CovQ is a value creation operating system (OS) that helps companies to improve their value creation capabilities. It does this by providing a framework for assessing the company’s current value creation capabilities, identifying areas for improvement, setting goals and objectives, developing a strategic plan, implementing the plan, tracking progress, and making adjustments as needed.