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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 . 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. (...) Read more? Sign up for free
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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 them to see the future of the company and their future in the company. A reasonable manager believes much more and tries to improve his/her results and naturally the results of the company.
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Special Interest Group Leader
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