Abstract
This is the tenth issue of the Journal of Creating Value and marks five years of the Journal’s existence. Many thanks are due to our authors and reviewers, our board, SAGE and its staff. It is also a time to reflect and review the performance of the Journal, its board and its mission.
This is an exciting time because the Business Roundtable (and signed by 181 CEOs of the largest US companies) has stated that the purpose of a company is to create value for all stakeholders. This is what the Journal has been advocating from its inception.
Since 1997, the Business Roundtable, America’s most influential group of corporate leaders, has agreed on one principle: ‘The paramount duty of management and of boards of directors is to the corporation’s stockholders’, its mission statement declared.
In August 2019, the business leaders have come around to our view. Please work harder to make Creating Value more pervasive. Thanks.
More information is in the news section.
We are being successful because more people are talking about and kicking-off Creating Value initiatives.
University of Aalborg, Denmark, has announced a Creating Value Centre (Creating Value Center for Business and Society). Creating Value Centres in India, Japan and The Netherlands are in various stages of inception. University of Kobe is starting a Value School.
The second Global Conference on Creating Value was held on May 2019 in New York. Sertan Kabadayi and Gautam Mahajan were the co-chairs. Sertan, ably assisted by Aida Lahood, did an amazing job with the conference. Details are given in the news section.
The International Conference on Creating Value for the Future of AI and Society was held in Kobe, Japan, on 15–17 October 2019. See creatingvalue.co
A conference on Sustainable Pathways to Prosperity: Creating Value Together will be held at the Northeastern University, Boston, on 31 March 2020.
The third Global Conference on Creating Value will be held in Paris, France, on 2–3 June 2020. Martin Calnan and Gautam Mahajan are the co-chairs.
Your Journal is a co-sponsor of these events.
The Board meeting of the Journal of Creating Value was held on 15 May 2019 at Fordham University, New York. Invitees and attendees were:
Nestor Farias Bouvier, Argentina Moshe Davidow, Israel Lucio Lescano Duncan, Peru Christian Gronroos, Finland Sertan Kabadayi, USA Youji Kohda, Japan Gautam Mahajan, India Luiz Moutinho, UK Martijn Rademakers, The Netherlands Edyta Rudawska, Poland Todd Snelgrove, Canada Peter Stokes, UK Philip Kotler, USA Albert Aleo, Italy Alicia Allesandri, Italy Eric Almquist, USA Martin Calnan, France Christopher Dann, USA Denyse Drummond-Dunn, Denmark Karina Burgdorff Jensen, Switzerland Luis Filipe Lages, Portugal Scott Keller, USA Kouji Kishimoto, Japan Robert Passikoff, USA Alon Rozen, France Richard Shapiro, USA Alan Williams, UK
This issue, JCV 5-2 is a special issue on Value Creation through Organizational Agility. Martijn Rademakers did a great job putting this issue together as the guest editor. He teamed up with Peter Stokes and Sabine Scheepstra in this task. The articles demonstrate that agile is a creating value thought process and is necessary in today’s fast-changing times, where technology and society are changing rapidly and constantly. Not being agile can destroy value for companies.
The articles are by eminent people, as listed by Martijn in his editorial.
Please contribute to and participate in the Creating Value movement. Join the Creating Value Alliance at creatingvalue.co and write for the Journal of Creating Value at journals-sagepub-com.web.bisu.edu.cn/home/jcv
Professor Philip Kotler has honoured us by joining the Advisory Board. Dr Eric Almquist, Senior Partner at Bain and Co. and Russ Klein, Executive Director American Marketing Association also joined the Advisory Board.
I am pleased to announce that Martijn Rademakers, a Board member, has taken the position of an Associate Editor. Also joining the Board are Scott Keller, CEO of TPG and Professor Luis Filippe Lages of Nova SBE University in Portugal. He is known for the Value Creation Wheel.
Leaving the Board are Shiv Shivakumar of Aditya Birla, Dr Raymond Fisk of Texas State University, Olaf Hermanns, Peter Maas of University of St. Gallen, Bharat Wakhlu, Robin Banerjee and Anuradha Das Mathur. Most of them have served for five years and are retiring. Todd Snelgrove has stepped down from his Associate Editor position. He remains on the Board.