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Public Value - Deepening, Enriching, and Broadening the Theory and Practice (Hardcover)
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Public Value - Deepening, Enriching, and Broadening the Theory and Practice (Hardcover)
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Over the last 10 years, the concept of value has emerged in both
business and public life as part of an important process of
measuring, benchmarking, and assuring the resources we invest and
the outcomes we generate from our activities. In the context of
public life, value is an important measure on the contribution to
business and social good of activities for which strict financial
measures are either inappropriate or fundamentally unsound. A
systematic, interdisciplinary examination of public value is
necessary to establish an essential definition and up-to-date
picture of the field. In reflecting on the 'public value project',
this book points to how the field has broadened well beyond its
original focus on public sector management; has deepened in terms
of the development of the analytical concepts and frameworks that
linked the concepts together; and has been applied increasingly in
concrete circumstances by academics, consultants, and
practitioners. This book covers three main topics; deepening and
enriching the theory of creating public value, broadening the
theory and practice of creating public value to voluntary and
commercial organisations and collaborative networks, and the
challenge and opportunity that the concept of public value poses to
social science and universities. Collectively, it offers new ways
of looking at public and social assets against a backdrop of
increasing financial pressure; new insights into changing social
attitudes and perceptions of value; and new models for increasingly
complicated collaborative forms of service delivery, involving
public, private, and not-for-profit players.
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