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The Theory, Practice and Future of VM: A Revisionist Interpretation
This chapter explores some of the developmental challenges that continue to face value management (VM). A typology of VM clients, organisational practice and stakeholders is presented, together with a series of generic value study styles. The chapter discusses the skill base of VM, and if and how it can attain the status of ‘profession’. The conclusion reached is that VM as a stakeholder decision methodology needs to move increasingly towards the professionalised management style end of the occupational spectrum. Unfortunately, much of the individual and VM organisational practice domain currently falls within the ambit of the ‘master artisan’ competency. However, it has the capability to move beyond this and that trajectory is also discussed.
The Theory, Practice and Future of VM: A Revisionist Interpretation
This chapter explores some of the developmental challenges that continue to face value management (VM). A typology of VM clients, organisational practice and stakeholders is presented, together with a series of generic value study styles. The chapter discusses the skill base of VM, and if and how it can attain the status of ‘profession’. The conclusion reached is that VM as a stakeholder decision methodology needs to move increasingly towards the professionalised management style end of the occupational spectrum. Unfortunately, much of the individual and VM organisational practice domain currently falls within the ambit of the ‘master artisan’ competency. However, it has the capability to move beyond this and that trajectory is also discussed.
The Theory, Practice and Future of VM: A Revisionist Interpretation
Kelly, John (editor) / Male, Steven (editor) / Graham, Drummond (editor)
2014-10-01
40 pages
Article/Chapter (Book)
Electronic Resource
English
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