Enhancing value co-creation in professional service projects: The roles of professionals, clients and their effective interactions

Ying Yi Chih, Ofer Zwikael, Simon Lloyd D Restubog

Research output: Contribution to journalArticle

Abstract

Projects are value creation mechanisms for organizations. In this paper, we build on service-dominant logic theory to theorize how value is perceived and co-created by service providers and clients in professional service projects. From two studies, we found that for service providers to create their value, particularly non-monetary value (e.g., enhanced reputation), client values (e.g., solving a business problem)must first be generated. The results further highlight the importance of reciprocal interactions between service providers and their clients in co-creating value for both parties. Service providers' professional knowledge and competence and their clients' levels of professional knowledge and motivation to interact are critical to enable effective interactions. However, the influence of service providers' professional ethics and clients' trust in professionals on project value co-creation is more complex than theoretically predicted. This paper advances the project value creation literature by providing a more holistic view of what value means for different stakeholders, how it is created, and by whom.

Original languageEnglish (US)
Pages (from-to)599-615
Number of pages17
JournalInternational Journal of Project Management
Volume37
Issue number5
DOIs
StatePublished - Jul 2019

Fingerprint

Industry
Value co-creation
Professional services
Interaction
Service provider
Value creation
Professional knowledge
Service-dominant logic
Stakeholders
Professional ethics

Keywords

  • Clients
  • Professional service projects
  • Professionals
  • Professional–client interactions
  • Service-dominant logic
  • Value co-creation

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation

Cite this

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title = "Enhancing value co-creation in professional service projects: The roles of professionals, clients and their effective interactions",
abstract = "Projects are value creation mechanisms for organizations. In this paper, we build on service-dominant logic theory to theorize how value is perceived and co-created by service providers and clients in professional service projects. From two studies, we found that for service providers to create their value, particularly non-monetary value (e.g., enhanced reputation), client values (e.g., solving a business problem)must first be generated. The results further highlight the importance of reciprocal interactions between service providers and their clients in co-creating value for both parties. Service providers' professional knowledge and competence and their clients' levels of professional knowledge and motivation to interact are critical to enable effective interactions. However, the influence of service providers' professional ethics and clients' trust in professionals on project value co-creation is more complex than theoretically predicted. This paper advances the project value creation literature by providing a more holistic view of what value means for different stakeholders, how it is created, and by whom.",
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