This paper developed a model to identify empirically the critical strategic variables for value‐based management. Since “value” is abstract in its nature, managers need to know more concrete and clear target measures that derive the value of their business. In this model common financial...

Purpose – The paper aims to evaluate decision‐making processes in venture capital (VC). Design/methodology/approach – The paper develops a conceptual framework to analyse optimal allocation of decision rights in venture capital environments. How investors and investees seek mutual...

Purpose – The purpose of this paper is to explore the networking effects of venture capital (VC) firms on portfolio companies. VCs can bring specific skills and abilities to their ongoing relationships with their portfolio companies and thus add value by influencing key portfolio company...

Introduces a model that displays the value which various organizational levels bring to the enterprise. Demonstrates why middle management has been the most prevalent target of downsizing. Hypothesizes that other bureaucratic functions will also fall unless they change their functional...

Describes a framework for analysis which is capable of measuring the value‐adding capability of the entire manufacturing chain. This provides a means of benchmarking organizational performance irrespective of market‐related profit margin. The method of analysis provides: a measure of...

Focuses on sources of capital to an organization, investment and flows of capital within an organization, interaction with markets, the generation of economic returns, and the potential for the creation of value. Illustrates how the creation of value provides benefits to employees, shareholders,...

Purpose The purpose of this paper is to further research on the Kaplan and Norton (1996) balanced scorecard (BSC) model after having discerned that previous work has so far neglected to explore the interrelationships between the model’s dimensions and the influence contextual factors may have....

Purpose – The aim of this paper is to present a macro view of the evolution of innovation for value creation, from the closed to collaborative, open, and now co‐innovation. It reviews several mega trends that have dramatically changed the dynamic nature of the global market place and also...

Purpose – The objective of this paper is to measure the level of organizational wisdom of firms and verify its influence on the value they produce. Design/methodology/approach – This study seeks to establish linkage between organizational wisdom and value creation with the development of a...

Purpose – In the mainstream normative pricing literature, value assessment is virtually non-existent. Although the resource-based literature recognizes that pricing is a competence, value-informed pricing practices are still weakly grounded in theory. The purpose of this paper is to strengthen...