Value Engineering Value Management innovation in automotive and construction companies: a Malaysian multiple case scenario
20/2007 ,
Author(s):
Aliza RAMLI
Suzana SULAIMAN
Falconer MITCHELL
Keywords:
Value Engineering, Value Management, Value creation, innovation, multiple-case study
Abstract:
Value Engineering Value Management (VEVM) is a value creation tool that focuses on maximizing value of products, processes, projects, or services within a total system. While the literature on VEVM covers various issues, however it lacks comprehensive studies on VEVM adopting variables and its adoption by automotive and construction companies. This paper describes and explains the nature, extent of adoption, and effects of VEVM innovation in the context of a Malaysian automotive component manufacturing and construction companies. Multiple-case study method was undertaken and data was collected from multiple sources of evidence. Data from each case study was analyzed separately and was then compared, and contrasted using constant comparative analysis method. The findings provide evidence as to why and how companies adopt VEVM, the influential adopting variables and the effect and extent of adoption to gain competitive advantage and create value for companies, vital for their continued success.
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