Values Based Management


 
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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.
 

 
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...Sign up
 

 
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...Sign up
 

 
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...Sign up
 

 
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...Sign up
 

 
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...Sign up
 

 
German Legal Definition of an Enterprise Is: a Business Activity with to Goal to Achieve Profit
Peter Jetter, Coach, Germany, Member
The German legal definition of an enterprise (simplified) is: a business activity with the goal to achieve profit.
Most companies implement this ...Sign up
 

 
True Value Based Management..
Jaap de Jonge, CEO, Netherlands, Editor
@Peter Jetter : Indeed in the past there have been companies that implemented VBM as "maximize profit" or - even wor...Sign up
 

 
VBM is Different Than Profit
Jose Luis Roces, Professor, Argentina, Premium Member
@Jaap de Jonge: an interesting discussion about VBM; there is also a great confusion between value and profit. Value...Sign up
 

 
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...Sign up
 

 
Profit is not what Matters!
Jaap de Jonge, CEO, Netherlands, Editor
@Jose Luis Roces: I certainly agree value and profit are two different things. In VBM terminology and philosophy, wh...Sign up
 

 
Profit to Whom is a Value Question for the Business?
Erika Bellander, Management Consultant, Sweden, Member
It's depends on your financial calculations if you use net profit, profit margin, turnover/employee or volume sold or what.
The accounting issue...Sign up
 

 
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...Sign up
 

 
Comparing Apples and Oranges: Cost in €, Value In???
Peter Jetter, Coach, Germany, Member
@Erika Bellander: That was my dilemma in 14 years of competence development.
You can easily show it costs money...Sign up
 

 
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.....Sign up
 

 
 


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