Values Based Management




Value Based Management
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Harbans Singh, India

Values Based Management

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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1
Henry Steyn
Analyst, South Africa
 

Value Based Management

The definition and application of value based management is clear cut. For further reading and understanding of the subject I would recommend the following text book: 'Valuation: Measuring and Managing the Value of Companies'.
Measurement is based on discounted cash flow analysis emphasising the primary reason for a company's existence - its ability to generate positive cash flow over the long term.
Corporate responsibility should not be confused with this clearly defined and applied business management approach.

 
-4
H. Bosman
Business Consultant, Netherlands
 

Values Based Management: Client Orientation

Values based management has nothing to do with shareholders or stakeholders. It's a client orientati... Sign up

 
2
Erika Bellander
Management Consultant, Sweden
 

Tools to Evaluate Values

In order to evaluate what is value you need philosophies and tools to do so. Everything from assets,... Sign up

 
4
Ted Garrison
Management Consultant, United States
 

Don't Kill the Goose That Delivers the Golden Egg

Harban's comments are valid - however - true value based management adds value to all stakeholders. ... Sign up

 
2
Peter Jetter
Coach, Germany
 

German Legal Definition of an Enterprise Is: a Business Activity with to Goal to Achieve Profit

The German legal definition of an enterprise (simplified) is: a business activity with the goal to a... Sign up

 
6
Jaap de Jonge
Editor, Netherlands
 

True Value Based Management..

@Peter Jetter : Indeed in the past there have been companies that implemented VBM as "maximize profi... Sign up

 
0
Jose Luis Roces
Professor, Argentina
 

VBM is Different Than Profit

@Jaap de Jonge: an interesting discussion about VBM; there is also a great confusion between value a... Sign up

 
0
Erika Bellander
Management Consultant, Sweden
 

Value are More than Profit!

I think too that profit is not all there is to a value, the value is comprised of what all stakehold... Sign up

 
6
Jaap de Jonge
Editor, Netherlands
 

Profit is not what Matters!

@Jose Luis Roces: I certainly agree value and profit are two different things. In VBM terminology an... Sign up

 
0
Erika Bellander
Management Consultant, Sweden
 

Profit to Whom is a Value Question for the Business?

It's depends on your financial calculations if you use net profit, profit margin, turnover/employee ... Sign up

 
0
Jose Luis Roces
Professor, Argentina
 

VBM is Different Than Profit

I am on the same frequency with Erika and Jaap. After working as a manager during 35 years and as ma... Sign up

 
2
Peter Jetter
Coach, Germany
 

Comparing Apples and Oranges: Cost in , Value In???

@Erika Bellander: That was my dilemma in 14 years of competence development. You can easily show it... Sign up

 
2
Olaf de Hemmer
Business Consultant, France
 

Manage Value(s) for Whom?

If you take the value of something for somebody as the balance between what he take from it and what... Sign up

   

More on Value Based Management:
Summary
Discussion Topics
🔥 Criticism on Value Based Management
Total Value Management, The Value Pipe
Value Based Management (VBM) Focus on Shareholders is Narrow
History of Value Based Management (VBM)
Value Creation by Social Action
Value Based Management Tools
👀Values Based Management
Value Based Management is a Continuous Process
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Value Based Management
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