0000000000040347
AUTHOR
Magnus Hellström
Governance of Projects: Generating value by linking projects with their permanent organisation
Abstract There exists little research into how value is effectively generated by temporary projects from the wider perspective of a permanent organisation. This paper investigates empirically how ‘Governance of Projects’ – the way in which a single, permanent organisation identifies, creates, and subsequently harvests value through multiple projects – occurs in four private-sector case companies. Data were collected from in-depth interviews with a wide range of employees and from internal operational documents. These data were codified and analysed as evidence of the types and intensity of links between organisational elements. The results illuminate the complex interplay of links that are …
How might serious games trigger a transformation in project management education ? Lessons learned from 10 Years of experimentations
While many studies have been published about project management serious games, most of them mainly describe characteristics and features of the games themselves. In those studies, little is found on the pedagogical imple- mentation of serious games and on how they have impacted project management education. In this article, we both discuss how serious games have impacted project management education and how they are implemented from a pedagogical perspective. We used an empirical research approach, based on qualitative observations. Observations included authors’ own usages of a project management serious game (the PM-Game) com- plemented with a synthesis of 10 years of observations and dis…
Navigating uncharted waters: Designing business models for virtual and augmented reality companies in the medical industry
Abstract New technologies are at the heart of industry transformation. Virtual and augmented reality companies provide fundamentally new ways of communication, treatment, education, and specialist training within the medical industry. However, business models for new ventures that target the medical industry have received scant attention within academic research. Using a multiple case study approach, we analyze how virtual and augmented reality firms create value for their customers in the medical industry. In all, we have studied eight companies that offer different types of solutions for their target segments. The results of the analysis are four design elements consisting of twelve posit…
Product-Service Systems in the Digital Era: Deconstructing Servitisation Business Model Typologies
The identification of business model typologies of servitised firms is part of a long research tradition. However, the relevance of many existing typologies in the contemporary context, in which digitalisation is central to business model innovation, may be questioned. Thus, in this chapter, we revisit the existing literature and continue the conceptual discussion about the categorisation of product-service system business models. We propose a conceptual product-service system business model framework with three independent continuums: the degrees of ownership retention, results-orientedness and smartness. Based on this framework, we derive a new product-service system business model typolo…
Identifying the role of business accelerators in the developing business ecosystem: the life science sector
PurposeBusiness accelerators have recently received increasing attention as important cogs in business ecosystem development. However, their exact role in the ecosystem is not yet well known, especially outside the IT sector. The purpose of this study is, therefore, twofold: to determine the position of life science accelerators in the business ecosystem and the attributes of support for companies and to identify key features of the life science accelerators that contribute to the change in business ecosystems.Design/methodology/approachThe authors offer an exploratory case study of five life science business accelerators and analyze the main factors affecting the companies and the whole bu…
Circular business models for lithium-ion batteries - Stakeholders, barriers, and drivers
Abstract Business models for the circular economy, or circular business models, is a growing field of research applied in various industries. Global sustainability trends, such as electrification of the transport sector and increased energy consumption from renewable sources, have led to rapid growth in the number of batteries produced, especially lithium-ion based batteries. Sustainable lifetime management, including end-of-life, needs development to avoid social and environmental harm and potentially to recapture economic value as the use of these batteries increases. Current research primarily focuses on technical and economic issues based on recycling and the second use of batteries rat…
Sustainable Infrastructure Projects: Systemic versus Traditional Delivery Models
Sustainability involves multiple environmental, technical, social and economic factors, and such complex analysis requires systemic solutions. Delivery models are key to achieving system benefits and enhancing sustainable development in infrastructure investments. They define the phases of a project, incentive structures, risk sharing and the relationships among the actors in it. They are usually developed early in the project and determine the project dynamics and outcomes. We compared traditional delivery models with systemic ones. We identified and illustrated elements that differ between them through two cases. The contribution is an increased understanding of how systemic infrastructur…
Creating value through product-service-software systems in institutionalized ecosystems – The case of autonomous ships
Abstract Introducing product-service-software systems (PSSS) to the market requires forming an enabling ecosystem, which can be largely based on incumbent business ecosystems. Creating value through PSSS with autonomous capabilities will likely encounter numerous challenges related to the lock-ins in current ecosystem structure. We use institutional theory as a lens and autonomous ships as the case to shed some light on types and impacts of these barriers. We identify a set of institutional barriers pertinent to regulatory, normative and cultural-cognitive pillars of institutions. We further analyze how institutional barriers affect creating, delivering, and capturing value of autonomous sh…
SERVICE-ORIENTED BUSINESS MODELS IN MANUFACTURING IN THE DIGITAL ERA: TOWARD A NEW TAXONOMY
A stream of servitisation research has focused on the construction of taxonomies and typologies of product–service system business models (BMs). However, their relevance in the context of increased utilisation of digital technologies may be questioned. Thus, the purpose of this paper is to empirically revisit the existing product–service system BM taxonomies to explore the following research question: How can the BMs of servitised manufacturing firms be categorised in the digital era? The question is addressed through an embedded case study of five servitised firms. We found that the firms’ BMs varied with regard to the degree of the suppliers’ ownership of delivered products, degree of sma…
Adaptation of Risk Sharing Partnerships (RSP) to New Industries
The aerospace industry has since the 1990s used a partnership model called Risk Sharing Partnerships (RSP) to handle certain challenges faced in the development of new aircrafts. The RSP model allows the client to include key suppliers in the development of a new product, and hence sharing the burden of investment, risk mitigation, as well as the future sales income. This makes it easier to acquire funding for the development of new products and technologies, in addition to accelerating the development process by including key competencies earlier (Buzacott and Peng in Eur J Oper Res 218:656–666, 2012). RSP have raised interest in other industries, which calls for increased knowledge of con…
Realization of Benefits from Best Value Approach by Proper Utilization of Expertise in Infrastructure Projects
In the search for improved contract and project management in construction, the Best Value Approach (BVA) is a concept that has been introduced with a proven track record for better performance. The BV-philosophy stresses the importance of proper utilization of vendor expertise, as well as reducing management, direction and control by assumed non-expert clients. The development of BVA has mainly taken place through lessons learned from a number of projects, and existing research is mostly concerned with practicalities and “how” to apply it. However, research is scarce on what characterizes an expert in a BV-context, and the concept lacks scientific documentation regarding underlying premise…
Creating value through autonomous shipping: an ecosystem perspective
AbstractThe expected benefits of Maritime Autonomous Surface Ships (MASS) include increased safety, reduced costs and increased earning potential due to operational efficiencies and reduction in vessel manning. However, autonomous shipping enabled by such ships bears a greater potential than just replacing humans with machines. Rather, MASS can play a role in transforming supply and logistics chains. The value creation potential of these ships depends on the degree to which they disrupt logistics. Our aim here is to clarify how MASS create value and for whom, as well as how different actors in the maritime logistics ecosystem are able to monetize or otherwise benefit from the innovation. Ba…
Digital Servitization: Strategies for Handling Customization and Customer Interaction
This conceptual chapter utilizes extant servitization and digitalization theorization and discusses the impact of digital servitization on customization/standardization and customer interaction. The study argues that the transformation toward digital servitization is complex and goes far beyond the technological dimension. The study contributes to the digital servitization literature by demonstrating that industrial services shift from customized and co-created to mainly standardized-provided and informating when they are digitalized. These insights can assist managers of servitized manufacturing firms who wish to utilize digital technologies in their service provision.
Application of ultra-fast timing techniques to the study of exotic and weakly produced nuclei
Ultra-fast time-delayed techniques have been recently applied in a number of studies where exotic nuclei were identified using advanced selection techniques. These include large Compton-suppressed Ge arrays, in-flight separators or recoil separators. Some of the new results are discussed in this presentation. Besides the results for $^{32}$Mg and $^{96}$Pd, they include the first determination of the half-life of the $8^+$ state in $^{80}$Ge, $T_1/2$ = 2.95(6) ns, and significantly more precise results for $^{51}$Mn (3680 keV level) and $^{48}$V (421 keV level), $T_1/2$ = 1760(40) ps and $T_1/2$ $\leq$ 135 ps, respectively. Development of new scintillators will steadily improve precision an…