Value Creation and Value Appropriation
By Rajendra Srivastava, V Kumar
Journal of Creating Value | November 2022
DOI
doi.org/10.1177/23949643221133251
Citation
Srivastava, Rajendra., Kumar, V. Value Creation and Value Appropriation Journal of Creating Value doi.org/10.1177/23949643221133251.
Copyright
Journal of Creating Value, 2022
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Abstract
This article discusses the nine research studies compiled for the Journal of Creating Value (JCV) special issue, which has embarked on securing a deeper understanding of the divergent aspects of defining, measuring and maximizing value. Altogether, the nine studies collectively offer insights in this regard that are applicable to a wide range of organizations. This special issue runs the gamut of management actions in terms of value management and prepares companies for the future. The proposed classification framework in this article categorizes the nine studies based on their focus on value creation potential and value appropriation potential. Further, this article identifies and delineates future research directions that extend beyond the path forward identified by each of the studies themselves. Overall, this article is aimed to serve as a guide to understand and appreciate this special issue on a topic of vital interest.

Rajendra Srivastava is the former Dean of the Indian School of Business (ISB) and the Novartis Professor of Marketing Strategy and Innovation. He comes with an experience of over 30 years as an academic and administrator. He has held several tenured faculty and administrative positions throughout his career. Before joining ISB, he served as Provost and Deputy President of Academic Affairs at Singapore Management University.

His research interests include marketing strategy, marketing metrics, and brand/customer Management. His current work focuses on business model innovations, especially in services, B2B, technology, and emerging markets. He is best known globally for his work on measuring the impact of market-facing business processes (innovation, supply-chain, and customer management) that create value for customers, and the value of market-based assets (customers, channels, brands, and value networks). He is also recognised for his work in competitive market structures and brand equity/strategic brand management.

His latest research and teaching interests include strategic performance management, marketing accountability, and driving growth and shareholder value.

Professor Srivastava is a highly cited scholar with work published in leading marketing journals. He is also the recipient of several awards and honours. He has been actively involved in setting up several new postgraduate and doctoral programmes as well as research centres and initiatives in close collaboration with industry. He has also been involved in consulting and senior management training with global MNCs and brings a unique blend of experiences integrating academic and business perspectives from both the West and the East. 

He is a committed advocate of cross-functional integration in the management of business processes and has championed interdisciplinary research and academic programmes. He has nurtured multi-disciplinary areas of excellence in financial markets, innovation, and business analytics.

Prior to joining Singapore Management University, he held distinguished research chairs and senior management positions at the University of Texas at Austin and Emory University in Atlanta.

Rajendra Srivastava
Rajendra Srivastava