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Eras of value production in the built environment: Extracting principles from past practice

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conference contribution
posted on 07.06.2018, 09:45 by Derek ThomsonDerek Thomson
This paper reviews historical approaches to the consideration of value in the built environment. It identifies the central tenets of chronological eras of value consideration that highlight shifts in its understanding and articulation to synthesis a premise for the comprehensive consideration of value in any socially-complex, single-product project environment. The review identifies a shift in institutional logics framing the consideration of value, with early logics seeking value in product qualities, before evolving to consider value within the processes of product or organisational design. Current dominant logics seek value by synthesising mutual understanding of value within groups of people, while future logics are starting to adopt an intergenerational, protectionist perspective. This sequence of logics is characterised as: product, process, people, protection.

History

School

  • Architecture, Building and Civil Engineering

Published in

The First Global Conference on Creating Value

Citation

THOMSON, D.S. ...et al., 2018. Eras of value production in the built environment: Extracting principles from past practice. Presented at the First Global Conference on Creating Value, Leicester Castle Business School, Leicester, UK, 23-24th May.

Version

AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2018

Notes

This is a conference paper.

Language

en

Location

Leicester Castle Business School, Leicester, UK