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.
X
Welcome to the Value Based Management forum. The topic being discussed here is: "Values Based Management".
Sign up now to gain access. It's easy and 100% free.
Log in
|
|
|
More on Value Based Management:
|
|
|
|
|
|
|