However, this technique does not take into account the value of managerial flexibility
in these types of projects (Helland & Torgersen, 2014).
KEYWORDS: managerial flexibility
, company reorganization, business database, innovation services, organizational flexibility, quality of service, strategic management, information technology, project management.
In a context where precarity is increasing, workers' struggles to limit managerial flexibility
In this paper, various impacts of managerial flexibility
and the fit of required flexibility over customer satisfaction have been investigated at three levels: functional, structural and strategic.
The value of this managerial flexibility
in an uncertain environment is not captured by the traditional methods of evaluating investments , such as Discounted Cash Flow (DCF ) , as flexibilities requires a system with optional features.
In addition to these peculiarities, nonprofit organization adds an innate managerial flexibility
of human resources, characterized by the significant presence of the volunteer, in which the nonprofit employees (and social worker to a less extent) is more sensitive to incentives such as autonomy, development, quality of workplace and flexibility.
Valuing Managerial Flexibility
in Technology R&D, Proceedings of the 16th Annual International Real Options Conference, London, 26 pages
The traditional real options valuation methodology, when enhanced and properly formulated around a proposed or existing software investment employing the spiral development approach, provides a framework for guiding software acquisition decision making by highlighting the strategic importance of managerial flexibility
in managing risk and balancing a customer's requirements within cost and schedule constraints, This article discusses and describes how an integrated risk management framework, based on real options theory, could be used as an effective risk management tool to address the issue of requirements uncertainty as it relates to software acquisition and guide the software acquisition decision-making process.
Real options could be used as a beneficial tool for valuing managerial flexibility
to adapt decisions in response to unexpected market developments and changes.
That isn't part of managerial flexibility
; that is part of growth and change.
The BOT project finance entails lots of unique characteristics such as huge project size, long concession period, or contractual complexity which can fall into two folds; "uncertainty" and "managerial flexibility