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Exploring the dynamics of value and fit: Insights from project management
Authors:Mark Mullaly  Janice L Thomas
Institution:1. Interthink Consulting Inc., Edmonton, Alberta, Canada;2. Athabasca University, Athabasca, Alberta, Canada
Abstract:The strategic management literature has struggled with how to recognize, measure, and even understand the concept of “fit” between strategy, structure, and environment. Nevertheless, the concept of fit was fundamentally important from the beginning of the Value of Project Management project. In this article, we compare the “fit” construct defined by Miles and Snow (1984) with our concerns with value direction (Thomas & Mullaly, 2008). A comparative analysis of these two constructs provides insights into how both dimensions improve overall organizational understanding. We demonstrate that while each of these dimensions independently provides useful information, it is their intersection that provides a means of interpreting not just current realities but appropriate future actions.
Keywords:project management  value of project management  strategic fit  organizational alignment  strategic management
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