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Value Based Management (VBM) Focus on Shareholders is Narrow
Jose Luis Roces, Professor, Argentina, Premium Member
VBM focus on shareholders interest is a narrow concept. To improve value in a lasting way, you also need to consider the employees and the clients in an equitable manner.
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Stakeholder Management
Carol Peters, Student (Other), United States, Member I concur, employees and the clients are the hub for those of us in management. Thoughtful consideration of both are necessary for any leader to be effective within any organization. Personally, I believe a leader is only as good as the ethics and morality he/she possesses. Without stakeholder interest being considered as part of the decision making process by management, I dare to think how long an organization can survive.
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Special Interest Group Leader
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Value Based Management
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