Criticism on Value Based Management

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🔥NEW Criticism on Value Based Management
Anneke Zwart, Student (University), Netherlands, Member
Some criticize the principles of value-based management, arguing it fails to take into account other constituencies than stakeholders (locals, customers, employees, environment etc). But in order to create value for shareholders, there should also be a good reputation in 3 areas: 1. The quality of goods and services. 2. Capability to find talented people, hire them and keep them as employees. 3. The community/environment. Indeed, evidence exist that value for shareholders could exist only if there is value for other constituencies as well. For example, once customers are not pleased, they will buy from competitors. Or, if employees are unsatisfied, they will leave and change their job. Source: S. D. Young and S. F. O'Byrne, EVA and Value-Based Management: A Practical Guide to Implementation. (...) Read more? Sign up for free

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Value Based Management
Summary
Forum
Criticism on Value Based Management
Value Based Management (VBM) Focus on Shareholders is Narrow
Value Based Management is a Continuous Process
Best Practices
🥇Total Value Management, The Value Pipe
🥈History of Value Based Management (VBM)
🥉Value Creation by Social Action
Value Based Management Tools
Values Based Management


Value Based Management
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