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Life-Cycle Flexibility: Designing, Evaluating and Managing "Complex" Real Options - Couverture souple

McConnell, Joshua

 
9783639102581: Life-Cycle Flexibility: Designing, Evaluating and Managing "Complex" Real Options
Couverture souple
ISBN 10 : 3639102584 ISBN 13 : 9783639102581
Editeur : VDM Verlag Dr. Müller, 2008

Synopsis

Designing flexibility in a system with real optionsis one method for managing uncertainty. However,designing flexibility in a "complex system" is onlyone of several tasks that must be accomplished if theflexibility is to be deployable and of value. Many potential challenges exist throughout anoption’s life-cycle that makes design, evaluation,exercise and management of an option complex.“Complex real options" are composed of more than asingle or simple change or addition to a system tocreate flexibility. Rather, a complex real option islikely composed of interconnecting technological,organizational and process components. A complex realoption may be embedded in a complex system, which hastechnical and social system components and thebehaviors that go along with this.To meet the need for considering flexibility incomplex systems the concept of Life-Cycle Flexibility(LCF), or flexibility from “cradle to grave”, isintroduced. LCF considers both physical and socialsystems and spans the entire life-cycle of an option,starting with activities to ready an enterprise forflexible systems and continues through systemmonitoring and option exercise decisions.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Designing flexibility in a system with real optionsis one method for managing uncertainty. However,designing flexibility in a "complex system" is onlyone of several tasks that must be accomplished if theflexibility is to be deployable and of value. Many potential challenges exist throughout anoption’s life-cycle that makes design, evaluation,exercise and management of an option complex.“Complex real options" are composed of more than asingle or simple change or addition to a system tocreate flexibility. Rather, a complex real option islikely composed of interconnecting technological,organizational and process components. A complex realoption may be embedded in a complex system, which hastechnical and social system components and thebehaviors that go along with this.To meet the need for considering flexibility incomplex systems the concept of Life-Cycle Flexibility(LCF), or flexibility from “cradle to grave”, isintroduced. LCF considers both physical and socialsystems and spans the entire life-cycle of an option,starting with activities to ready an enterprise forflexible systems and continues through systemmonitoring and option exercise decisions.

Biographie de l'auteur

Joshua McConnell has worked in a variety of capacities includingas a management consultant with McKinsey & Company; a systemsengineer with NASA; a policy analyst with the Institute forDefense Analysis; and a transportation researcher at theMassachusetts Institute of Technology. Josh has a PhD from MIT inTechnology, Management and Policy.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
VDM Verlag Dr. Müller
Date d'édition
2008
Langue
anglais
ISBN 10 
3639102584
ISBN 13 
9783639102581
Reliure
Broché
Nombre de pages
464
Coordonnées du fabricant
non disponible
Personne responsable
non disponible