Glossary Terms

Value Creation

Producing benefits that matter to customers, employees or the organisation. For AI adoption, define the intended improvement and assess it with evidence rather than equating tool use with value.

Value Creation Read More »

Value Stream

The sequence of activities needed to deliver a defined product, service or outcome. Understanding the stream helps identify delays, unnecessary work and controls that should remain in place.

Value Stream Read More »

Vision Statement

A description of the future state an organisation aims to achieve. It should guide priorities and decisions while remaining distinct from the specific actions and evidence needed to reach it.

Vision Statement Read More »

Webhook

An automated message sent to another system when a specified event occurs. A reliable integration needs authentication, suitable data handling, error monitoring and a plan for retries or duplicate events.

Webhook Read More »

Word Embedding

A numerical representation of words designed to capture relationships from data. Embeddings can support language tasks, but may also encode bias and do not provide a complete understanding of meaning.

Word Embedding Read More »