nach oben

Erschienen in:

2020 | OriginalPaper | Buchkapitel

6. Discussion of the Alignment of Lean and Value-Based Management

verfasst von : Gerd Kaufmann

Erschienen in: Aligning Lean and Value-based Management

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

This chapter summarises and discusses the findings and results gained throughout the study and outlines its main contributions to theory and professional practice, fostering a shared understanding of the value creation process within a lean system and thereby helping to remove existing barriers through the following measures:

Confirmation of the compatibility of LM and VBM approaches
Clarification of the key concepts of “value” and “value driver”
Provision of a sufficient lean value driver model

In addition, specific important findings concerning shareholders’ and managers’ roles within the value creation process are discussed in more detail. Finally, the quality of the study is assessed, its limitations are outlined, and avenues of future research are proposed.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel Lean Value Creation Process: Findings from Primary Data

SMED, or ‘fast changeover’, is a method to reduce machine downtime when changing equipment from one product to another.

Line balancing is levelling of work for every line segment according to a given rate of production in order to avoid bottlenecks or waiting time and to enable one-piece flow.

Amankwaa, L. (2016). Creating protocols for trustworthiness in qualitative research. Journal of Cultural Diversity, 23(3), 121–127.

Bhasin, S. (2011). Performance of organisations treating lean as an ideology. Business Process Management Journal, 17(6), 986–1011. https://doi.org/10.1108/14637151111182729CrossRef

Bryman, A., & Bell, E. (2015). Business research methods (4th ed.). Oxford: Oxford University Press.

Charifzadeh, M., Taschner, A., & Bettache, A. (2013). Werttreiber lean production. Controlling & Management Review, 57(2), 48–57. https://doi.org/10.1365/s12176-013-0733-2CrossRef

Creswell, J. W., & Miller, D. L. (2000). Determining validity in qualitative inquiry. Theory Into Practice, 39(3), 124–130. https://doi.org/10.1207/s15430421tip3903_2CrossRef

Davis, J. W. (2009). Lean manufacturing: Implementation strategies that work. New York: Industrial Press.

Dyck, A., Lins, K. V., Roth, L., & Wagner, H. F. (2017). Do institutional investors transplant social norms? International evidence on corporate social responsibility. Journal of Financial Economics, Forthcoming; 2nd Annual Financial Institutions, Regulation and Corporate Governance Conference, Rotman School of Management Working Paper No. 2708589. https://doi.org/10.2139/ssrn.2708589

Gray, D. E. (2004). Doing research in the real world. London: SAGE.

Guba, E. G., & Lincoln, Y. S. (1994). Competing paradigms in qualitative research. In N. K. Denzin & Y. S. Lincoln (Eds.), Handbook of qualitative research (pp. 105–117). London: SAGE.

Harrison, J. S., & Wicks, A. C. (2013). Stakeholder theory, value, and firm performance. Business Ethics Quarterly, 23(1), 97–124. https://doi.org/10.5840/beq20132314CrossRef

Hillman, A. J., & Keim, G. D. (2001). Shareholder value, stakeholder management, and social issues: What’s the bottom line? Strategic Management Journal, 22(2), 125–139. https://doi.org/10.1002/1097-0266(200101)22:2<125::AID-SMJ150>3.0.CO;2-HCrossRef

Ittner, C. D., & Larcker, D. F. (2001). Assessing empirical research in managerial accounting: A value-based management perspective. Journal of Accounting and Economics, 32(1/3), 349–410. https://doi.org/10.1016/S0165-4101(01)00026-XCrossRef

Ittner, C. D., & Larcker, D. F. (2003). Coming up short on nonfinancial performance measurement. Harvard Business Review, 81(11), 88–95.

Ittner, C. D., Larcker, D. F., & Randall, T. (2003). Performance implications of strategic performance measurement in financial services firms. Accounting, Organizations and Society, 28(7/8), 715–741. https://doi.org/10.1016/S0361-3682(03)00033-3CrossRef

Liker, J. K. (2004). The Toyota way: 14 management principles from the world’s greatest manufacturer. New York: McGraw-Hill.

Lincoln, Y. S., & Guba, E. G. (1985). Naturalistic inquiry. Newbury Park, CA: SAGE.CrossRef

Lueg, R., & Schäffer, U. (2010). Assessing empirical research on value-based management: Guidelines for improved hypothesis testing. Journal Für Betriebswirtschaft, 60(1), 1–47. https://doi.org/10.1007/s11301-009-0055-9CrossRef

Maslow, A. H. (1970). Motivation and personality (2nd ed.). New York: Harper & Row.

Meade, D. J., Kumar, S., & White, B. (2010). Analysing the impact of the implementation of lean manufacturing strategies on profitability. Journal of the Operational Research Society, 61(5), 858–871. https://doi.org/10.1057/palgrave.jors.2602657CrossRef

Morse, J. M. (2015). Critical analysis of strategies for determining rigor in qualitative inquiry. Qualitative Health Research, 25(9), 1212–1222. https://doi.org/10.1177/1049732315588501CrossRef

Morse, J. M., Barrett, M., Mayan, M., Olson, K., & Spiers, J. (2002). Verification strategies for establishing reliability and validity in qualitative research. International Journal of Qualitative Methods, 1(2), 13–22. Retrieved from https://journals.library.ualberta.ca/ijqm/index.php/IJQM/article/view/4603/3756CrossRef

Murman, E. M., Allen, T., Bozdogan, K., Cutcher-Gershenfeld, J., McManus, H., Nightingale, D. J., … Widnall, S. (2002). Lean enterprise value: Insights from MIT’s lean aerospace initiative. New York: Palgrave.CrossRef

Neely, A., Marr, B., Adams, C., & Kapashi, N. (2002). Measuring eBusiness performance. In A. Neely (Ed.), Business performance measurement: Theory and practice (pp. 343–360). Cambridge: Cambridge University Press.CrossRef

Nightingale, D. J., & Srinivasan, J. (2011). Beyond the lean revolution: Achieving successful and sustainable enterprise transformation. New York: American Management Association.

Ohno, T. (1988). Toyota production system: Beyond large-scale production. Cambridge, MA: Productivity Press.

Ponterotto, J. G. (2006). Brief note on the origins, evolution, and meaning of the qualitative research concept thick description. The Qualitative Report, 11(3), 538–549. Retrieved from https://nsuworks.nova.edu/tqr/vol11/iss3/6/

Queen, P. (2015). Enlightened shareholder maximization: Is this strategy achievable? Journal of Business Ethics, 127(3), 683–694.CrossRef

Rieg, R. (2015). Dynamics of value-based management: Does shareholder value cause short-termism? Journal of Management Control, 26(2/3), 193–224. https://doi.org/10.1007/s00187-015-0211-4CrossRef

Sandanayake, Y. G. (2009). Development of a model for performance measurement in just-in-time enabled manufacturing environments (Unpublished doctoral thesis). University of Wolverhampton. Retrieved from http://hdl.handle.net/2436/69605

Saunders, M., Lewis, P., & Thornhill, A. (2015). Research methods for business students (7th ed.). New York: Pearson.

Seale, C. (1999). Quality in qualitative research. Qualitative Inquiry, 5(4), 465–478. https://doi.org/10.1177/107780049900500402CrossRef

Seyedhosseini, S. M., Taleghani, A. E., Bakhsha, A., & Partovi, S. (2011). Extracting leanness criteria by employing the concept of balanced scorecard. Expert Systems with Applications, 38(8), 10454–10461. https://doi.org/10.1016/j.eswa.2011.02.095CrossRef

Shento, A. K. (2004). Strategies for ensuring trustworthiness in qualitative research projects. Education for Information, 22(2), 63–75. https://doi.org/10.3233/EFI-2004-22201CrossRef

Stake, R. E. (2010). Qualitative research: Studying how things work. New York: Guilford Press.

Womack, J. P., & Jones, D. T. (2004). Lean thinking: Ballast abwerfen, Unternehmensgewinne steigern. Campus Verlag: Frankfurt am Main.

Wu, Y. P., Thompson, D., Aroian, K. J., McQuaid, E. L., & Deatrick, J. A. (2016). Commentary: Writing and evaluating qualitative research reports. Journal of Pediatric Psychology, 41(5), 493–505. https://doi.org/10.1093/jpepsy/jsw032CrossRef

Titel: Discussion of the Alignment of Lean and Value-Based Management
verfasst von: Gerd Kaufmann
Verlag: Springer International Publishing
Buch: Aligning Lean and Value-based Management
Print ISBN: 978-3-030-38466-1

Electronic ISBN: 978-3-030-38467-8

Copyright-Jahr: 2020
DOI: https://doi.org/10.1007/978-3-030-38467-8_6