TY  - JOUR
AB  - Purpose– The purpose of this paper is to provide a holistic and comprehensive historical perspective of the evolution of value management, and to illustrate the impact that value analysis can have on innovation within organizations. Design/methodology/approach– A review of published material from credible sources describing the evolution of the value management methodology, and a desktop analysis of 35 documented value management case studies illustrating the role of value management in innovation. Findings– Published descriptions of the evolution of value management are incomplete and fragmented. A holistic and comprehensive historical perspective of value management as a value-adding methodology is provided. Mapped against a model for innovation, value management is shown to contribute substantially to innovation within organizations across a variety of contexts. Value management is currently evolving into a powerful approach to strategic planning. Practical implications– This paper illustrates the contribution of value management to innovation across a variety of industries and contexts. Originality/value– The paper provides a holistic and comprehensive historical perspective of the evolution of value management as a methodology, and demonstrates by mapping selected case studies onto a model of innovation impact, that the method is a powerful and versatile approach to obtaining innovative solutions to organizational problems.
VL  - 13
IS  - 1
SN  - 1726-0531
DO  - 10.1108/JEDT-03-2013-0021
UR  - https://doi.org/10.1108/JEDT-03-2013-0021
AU  - Jay C.I.
AU  - Bowen P.A.
PY  - 2015
Y1  - 2015/01/01
TI  - Value management and innovation: A historical perspective and review of the evidence
T2  - Journal of Engineering, Design and Technology
PB  - Emerald Group Publishing Limited
SP  - 123
EP  - 143
Y2  - 2024/04/25
ER  -