Brief Introduction of the Institute

Ever since the start of the 21st century, ways to operate a business has been changed from the hard work, diligence, technical oriented, to professional cooperation and integrate whole resources, the current situation has even evolved to create extra profits and values by using systematic knowledge. Traditional factory were focused more on the competition of the ability to produce, now they turn their focus to the competition of the creativity, traditional business usually care more about the market-share, however, the present market-share are no longer a definite advantage, the key to success is whether a business can produce quality products that favored by customers in a faster time. Other than having diligence, professional, business management, marketing, and resources management in the operating system, one still would need "Value Management" to win over the competitors. VM is a system that uses affective ways or procedures to analyze and improve every detail to achieve bigger values and profits. It also will develop a shared Cultural (Value) philosophy within teams and make them worked together to create the ultimate success.

The Formation of the Value Management Institute of Taiwan

The correct answer of where to start to create a stronger economy for our business or country is not from high-tech or microchip industry, it is from the mind of our citizen- "Value Management" is an important knowledge that combines systematic thinking with works and everyday life.

A group of "Value Engineering" colleagues thought that this kind of knowledge can influence the economic growth of the nation, business and individual, but without an adequate environment, they were not able to share this knowledge to help those who needed. After a period of preparation and promoting, this groups of people who shared a similar vision has managed to influence many others, their shared vision is to create an environment that can benefit the people of the society, business owners and the nation to create wealth and improve abilities and economy from the knowledge of the "Value Management" through promoting and sharing by an expert team and organization.

On the date of April 17th, 2000, this group of people officially formed the Value Management Institution of Taiwan on the approval of the Ministry of Interior. After 7 meetings of preparation, the Value Management Institution of Taiwan started their mission on February 25th of 2001.

Guideline (approach)

This institute is put together as a non-profit organization by law, the goal is to "promote the skills, knowledge and philosophy of Value Management and to build up a well established value management system to train and certify executive value management personal" and produce the biggest value and benefit when the government, private business, organizations or society utilize the institute掇 resources.

Mission (strategy)

1.Promote knowledge, skills and philosophy of Value Management.

2.Develop a Value Management system to evaluate personals and the executing procedures.

3.Train each levels of executive value management personal, promote projects and endorse certifications.

4.Host and promote Value Management related Workshop.

5.Evaluate products' value and technical procedure and further certified and promote them.

6.Host and promote exhibition and presentation of value management related technology, products, and services.

7.Assist department or bureaus of government, private business, organization to promote value management events, individual training workshop and evaluate values of assigned projects.

8.Combine and introduce related value management information.

9.Assist members to participate in related value management events hosted by domestic or international organizations.

10.Any other value management related events.

Ways to operate the Institute

Although this institute is a non-profit organization, but resources are still needed to be able to operate. And in order for the members to involve more, they would have to be given reasonable resources or benefits during participated events, thus develop better thoughts and ideas that can benefit the society and create a well circulated relationship between them.

The Value Management Institute of Taiwan understands the importance of having a user friendly system, so every courses, standards or regulations are based on this "friendly" design. The ultimate goal is to create an automated self-managing environment that can help each participated members to become a certified experts in different fields of profession, so they can become a value management leader that helps creating a smoother process, and more profits for consigned organization and even benefits private business and government.