Value Creating Boards, workshops in collaboration with University of Wolverhampton
The aim for firms and economic activity is generally understood to be value creation. This is a notion widely accepted by research, policy and practitioners. The definition of value, however, varies largely depending on who discusses the topic. This was also the topic for the first of four workshops focusing on governance and value creating boards arranged 27th March by IoD West Midlands in collaboration with the University of Wolverhampton.
This interactive workshop utilized the knowledge and competencies of all participants by using modern tools and information technology while adding insights from the state of the art research from the University of Wolverhampton.
Discussions revealed a vast variety of perspectives on value and value creation among the participants. However, IoD members could agree upon some general and important ground for how value is best created, protected and distributed among firms’ beneficiaries.
The word-clouds illustrated here present some ideas and perspectives presented at the workshop. Next workshop will be arranged on May 25th and the theme for the workshop is firm strategy and boards.
Words associated with value among participants:
Who should firms create value for?