Flexible strategic framework for managing forces of continuity and change in value engineering processes: Study in Indian context (Article)

19 Feb

Export

Global Journal of Flexible Systems Management

Volume 10, Issue 4, October 2009, Pages 55-65

Flexible strategic framework for managing forces of continuity and change in value engineering processes: Study in Indian context (Article)

Gupta, V.K.

IMT, Ghaziabad, India

View references (54)

Abstract

Value engineering has been recognized as an important methodology for cost reduction in product development, process development and projects planning. In today’s dynamic world, however, Value Engineering (VE), as conventionally perceived and practiced by the design and development teams in rather an isolated manner is not adequate to address all the concerns faced by an organization. Value, or the factors both external as well as internal to an organization affecting value, does not remain constant throughout the VE process. The VE process, therefore, cannot continue to be a disconnected standalone process anymore. VE process needs to be integrated into the overall strategy of the organization. The forces of continuity and change, outlined in this paper, influence the initial goals VE projects and changes that take place throughout the process and their final outcome. This paper focuses on, identifying the key factors for forces of continuity and forces of change, to a build flexible strategic framework at organization level, and integrate the VE process with the organizational goals and strategies. The Continuity and Change (C-C) matrix proposed in this paper has been applied to four different organizations pursuing VE initiatives and come out with a flexible strategic framework for managing forces of continuity and change in VE process in an organization. © 2009, Global Institute of Flexible Systems Management.

Author keywords

Flexibility; Flexible strategic framework; Forces of change; Forces of continuity; Indian industry; Value engineering

ISSN: 09722696Source Type: Journal Original language: English

Document Type: Article

View in search results format

References (54)

  • Page

·

1

Acharya, Prakash, Pfrommer, Charles, Zirbel, Charles

Think value engineering
(1995) Journal of Management in Engineering, 11 (6), pp. 13-17. Cited 11 times.
doi: 10.1061/(ASCE)0742-597X(1995)11:6(13)

2

Roland, B.

(2004) Defense AT&L, Sep/Oct, 33 (5), pp. 41-45.

3

Chang, C.M.

Value addition to technology organizations: The six-dimensional opportunities
(2005) International Journal of Innovation and Technology Management, 2 (4), pp. 451-470. Cited 2 times.
www.worldscinet.com/ijitm/ijitm.shtml
doi: 10.1142/S0219877005000629

4

Cannon, T.

(1996) Managing Paradox in the 21" Century
Pitman Publishing, London

5

Carean, M., Carean, A.

(2009) Revista de Management Inginerie Económica, 8 (2), pp. 23-28.

6

Sung, C.H., O’Connor, J.T.

(2005) Journal of Construction Engineering and Management, ASCE, pp. 239-251.

7

Chreim, S.

The continuity-change duality in narrative texts of organizational identity
(2005) Journal of Management Studies, 42 (3), pp. 567-593. Cited 69 times.
doi: 10.1111/j.1467-6486.2005.00509.x

8

Arnold, D.

Seven rules of international distribution.
(2000) Harvard Business Review, 78 (6), pp. 131-137. Cited 19 times.

9

Lane, D.K.E.
(2004) Finding, 12, pp. 24-27.

10

Dyer Jeffery, H.
(1996) Strategic Supplier Segmentation: A Model for Managing Suppliers in the 21 Century. Cited 3 times.
Research sponsored by Sloan Foundation and International Motor Vehicle Program at MIT, Association of Japanese Business Studies, Nagoa Japan

11

Ellis, R.C.T., Wood, G.D., Keel, D.A.

Value management practices of leading UK cost consultants
(2005) Construction Management and Economics, 23 (5), pp. 483-493. Cited 20 times.
doi: 10.1080/01446190500040711

12

Edosomwan, J.A.
(1996) Organizational Transformation and Process Reengineering. Cited 17 times.
Delray Beach, FL: St. Lucie Press

13

Ted, E.

(2003) Journal of Revenue and Pricing Management, 2 (2), pp. 166-171. Cited 4 times.

14

Bill, G.
(1999) Business©speed of Thought
Penguin Books

15

Gupta, V.K., Sagar, R.

(1990) Fifth International Conference on CAD/CAM, Robotics and Factories of the Future(cars & Fof’90), pp. 9-18. Cited 5 times.
Norfolk, Virginia, USA

16

Gupta, V.K.

(2007) Proceedings of Seventh Global Conference on Flexible Systems Management at Noida, pp. 403-428. Cited 3 times.
India

17

Gupta, V.K.

(2009) Global Journal of Flexible Systems Management, 10 (2), pp. 1-12.

18

Hammer, M.

The process audit
(2007) Harvard Business Review, 85 (4), pp. 111-123. Cited 125 times.

19

Hammer, M., Champy, H.J.

(1993) Haper Business. Cited 11 times.
New York

20

Hemp, P., Steward, T.A.

(2004) Harvard Business Review, pp. 61-70. Cited 12 times.

21

Ion, I.

(2009) Economic Computation & Economic Cybernetics Studies & Research, 43 (3), pp. 1-18.

22

Jackson, G., Moerke, A.

Continuity and change in corporate governance: Comparing Germany and Japan
(2005) Corporate Governance, 13 (3), pp. 351-360. Cited 43 times.
doi: 10.1111/j.1467-8683.2005.00429.x

23

Jergeas, G.F., Cooke, V.G., Hartman, F.T.

Value engineering incentive clauses
(1999) Cost Engineering (Morgantown, West Virginia), 41 (3), pp. 25-34. Cited 2 times.

24

Kaplan, R.S., Norton, D.P.

Having trouble with your strategy? Then map it.
(2000) Harvard Business Review, 78 (5), pp. 167-176, 202. Cited 348 times.

25

Kaplan, R.S., Norton, D.P.

How to implement a new strategy without disrupting your organization
(2006) Harvard Business Review, 84 (3). Cited 51 times.

26

(2001) Managing Business Continuity – Twenty First Centaury Challenges for Competitiveness. Cited 3 times.
KPMG KPMG Report

27

Kotter, J.P.

Leading change: Why transformation efforts fail
(2007) Harvard Business Review, 85 (1), pp. 96-103. Cited 143 times.

28

Kuhn, J.P.

(1971) Industrial Management, Ebsco Publishing, 2003, pp. 13-15.

29

(2006) Does A GM Nissan Renault Alliance Make Sense?. Cited 4 times.
http://knowledge.wharton.upenn.edu

30

McDuff Charles, R.

(2001) Cost Engineering, 43 (10), pp. 33-37.
October

31

Martin, C.F.

(2003) The Executive’s Journal, pp. 6-12.
Ebsco Publishing 2002

32

Michalski, G.

A value-oriented framework for inventory management
(2009) South East European Journal of Economics and Business, 4 (2), pp. 97-102.
doi: 10.2478/v10033-009-0019-y

33

Mintzberg, H.
(1994) The Rise, and Fall of Strategic Planning. Cited 1526 times.
Free Press and Prentice International, New York

34

Nishimura, A.

(2007) Asia Pacific Accounting Journal, 2 (1), pp. 71-88. Cited 2 times.

35

Oakland, J.S.
(1989) Total Quality Management. Cited 770 times.
Nicolas Publishing Co., New York

36

Nunes, P.

(2000) Harvard Business Review, pp. 19-22. Cited 16 times.

37

Pidun, U., Wolff, M.

(2007) Corporate Ownership & Control, 5 (1), pp. 31-37.

38

Porter, M.E.
(1980) Completive Strategy. Cited 5 times.
New York, The Free Press

39

Pylkas, L., Neal Scott, R., Madani Iftikhar, K.
(2002) Smart Value Engineering
AACE International Transactions, CSC.16.1, Ebsco Publishing 2002

40

Quinn, J.B.

Strategic Change: ‘Logical Incrementalism’
(1978) Sloan Management Review, 20 (1), pp. 7-21.

41

Reed, D., Mandelbaum, J.

(2009) Defense AT&L, pp. 43-47.

42

Reuter Vincent, G.

(1983) Industrial Management, 26 (6), pp. 1-4.

43

Reuter Vincent, G., Laflen, M.L.
(1970) Value Engineering in Aerospace Industry, pp. 6-10.
Industrial Management, Ebsco publishing 1983

44

(1971) Guidebook for VE Activities
SAVE (Society Of Japanese Value Engineering) A Basic VE Manual, Originally Published in August 1971 (Japanese Version) Translated in 1981 (English Version)

45

Selg Richard, A.
(2006) Value Engineering for Hazardous Waste Projects
AACE International Transactions, Risk. 08.1

46

Schwarz, F.C., McConkey, D.D.
(1974) Value Engineering Neglected Goldmine, pp. 27-36.
Human Resource Management, Johan Wiley and Sons

47

Smith, T.R.

(1995) The Appraisal Journal, pp. 418-425.

48

Sperling, R.B.

(2001) IIE Solutions, pp. 45-52. Cited 6 times.
August
http://solutions.iienet.org

49

Sushil

(2000) Global Institute of Flexible Systems Management
Vikas Publishing House, New Delhi

50

Sushil

(2005) International Journal of Global Business and Competitiveness, 1 (1), pp. 22-32. Cited 28 times.

51

Tanaka, Masayasu

NEW APPROACH TO THE FUNCTION EVALUATION SYSTEM IN VALUE ENGINEERING.
(1985) International Journal of Production Research, 23 (4), pp. 625-637. Cited 5 times.

52

Volberda, H.
(1998) Building the Flexible Firm: How to Remain Competitive. Cited 304 times.
Oxford University Press, Oxford

53

Wah, L.

(1998) Management Review, 87 (10), pp. 24-29. Cited 22 times.

54

Woodward, R.G., Kalin, S.R.

(1968) Industrial Management, 2003, pp. 10-15.
Ebsco

Gupta, V. K.; IMT, Ghaziabad, India; email:vkgupta
© Copyright 2012 Elsevier B.V., All rights reserved.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: