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Values Based Management
Harbans Singh
The above definitions of value based management may lead our managers on the wrong path. It suggests and encourages our managers to have an eye only on value addition in shareholders' net worth.
It distracts them from the social responsibility. As the basic aim of every corporate is to add value to society ultimately, a corporate cannot survive and it cannot become socially acceptable if it ignores its social responsibility.
And so, in my opinion, we should talk about Values Based Management, since this accommodates the concept of social responsibility also....
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Value Based Management
Farman Islamli, CxO / Board, Azerbaijan, Member VBM is the need for the companies to be successful. By this way every manager can know his/her role and status to create value.
This helps...
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Value Based Management
Henry Steyn, Analyst, South Africa, Member The definition and application of value based management is clear cut. For further reading and understanding of the subject I would recommend t...
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Value Based Management: Client Orientation
H. Bosman, Business Consultant, Netherlands, Member Value based management has nothing to do with shareholders or stakeholders. It's a client orientation.
What matters is the valuation of th...
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To Evaluate the Value
Erika Bellander, Management Consultant, Sweden, Member In order to evaluate what is value you need philosophies and tools to do so. Everything from assets, people, systems, facilities, to relational...
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Don't Kill the Goose That Delivers the Golden Egg
Ted Garrison, Management Consultant, United States, Member Harban's comments are valid - however - true value based management adds value to all stakeholders.
Unfortunately, it's virtually impossible to g...
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Value are More Than Profit!
Erika Bellander, Management Consultant, Sweden, Member I think too that profit is not all there is too a value, the value is comprised of what all stakeholders expect from their participation or engagement...
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VBM is Different Than Profit
Jose Luis Roces, Professor, Argentina, Premium Member I am on the same frequency with Erika and Jaap. After working as a manager during 35 years and as management professor in the last ten, I couldn´t fin...
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Manage Value(s) for Whom?
Olaf de Hemmer, Business Consultant, France, Member If you take the value of something for somebody as the balance between what he take from it and what he gives to have it (in/out, or functions/costs.....
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Special Interest Group Leader
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Value Based Management
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