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Framing value management for creative projects: An expansive perspective

Author

Listed:
  • Thomas Gillier

    (MTS - Management Technologique et Strategique - EESC-GEM Grenoble Ecole de Management)

  • Sophie Hooge

    (CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique)

  • Gérald Piat

    (EDF R&D - EDF R&D - EDF - EDF)

Abstract

Questions have been raised about the relevance of Value Management (VM) for creative projects. Such project embraces new fields of knowledge in terms of technologies, markets and business models. At the start of the project, the members do not know the value that would be finally delivered: the value is not determined ex-ante but it is designed during the project. Based on the analysis of a creative project regarding future electric vehicles at Renault, our VM framework considers three elements: (1) the value to be managed is the new knowledge and the concepts of new products/services, (2) the value of a creative project is managed by controlling the distance between the new knowledge/new concepts and the dominant design (i.e. main products and business model), (3) the value created is beneficial to both the project stakeholders and the actors of surrounding ecosystems.

Suggested Citation

  • Thomas Gillier & Sophie Hooge & Gérald Piat, 2015. "Framing value management for creative projects: An expansive perspective," Post-Print hal-01134251, HAL.
    • Handle: RePEc:hal:journl:hal-01134251
    DOI: 10.1016/j.ijproman.2014.11.002
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    Citations

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    Cited by:

    1. Sophie Hooge & Cédric Dalmasso, 2015. "Dynamics of internal R&D stakeholders in the Fuzzy Front-End of breakthrough engineering projects," Post-Print hal-01202541, HAL.
    2. Deichmann, Dirk & Gillier, Thomas & Tonellato, Marco, 2021. "Getting on board with new ideas: An analysis of idea commitments on a crowdsourcing platform," Research Policy, Elsevier, vol. 50(9).
    3. Sophie Hooge & Milena Klasing Chen & Dominique Laousse, 2018. "Dynamics of innovative concepts in exploratory projects: managing consistency between originality, collaboration and strategy," Post-Print hal-01900545, HAL.
    4. Sophie Hooge & Mathias Béjean & Frédéric Arnoux, 2016. "Organising For Radical Innovation: The Benefits Of The Interplay Between Cognitive And Organisational Processes In Kcp Workshops," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(04), pages 1-33, May.
    5. Sophie Hooge & Milena Klasing Chen & Dominique Laousse, 2019. "Managing the emergence of concepts in fuzzy front end: a framework of strategic performance and emerging process of innovation briefs," Post-Print hal-02167857, HAL.

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