Value(s) and management : there's value everywhere!

Abstract

AFAV has listed a long list of methodologies newly developed in various management domains, which are often reshaping the paradigm in their application field: Blue Ocean and Porter's Shared Value for strategy, Business Analysis for organization/IT projects, CSR in governance, BSC in accounting/management, Lean and Theory of Constraints for production, Customer Value management in marketing, Solution Focus in coaching, Value Creation by purchasing … These methods are sharing many 'Value' concepts: stakeholders’ utility / needs satisfaction, life cycle analysis, system thinking and modeling, costs/benefits analysis, avoid unuseful costs, stakeholders change management, importance of people and values … But many of the promoters and users of these methods do not know each other, nor understand they share a common ground! We think cross-fertilization between these approaches could be the ground towards a more legitimate Value Management methodology.