Values-based management
Article Abstract:
Many executives are still unable to establish the link between value judgments and economic success. Management decisions that are value-based help strengthen the tie between the individual worker and the organization. Values-based management provides the groundwork for the development of a corporate mission, objectives and plans for the employee and organization as a whole. This allows the manager to solve certain dilemmas. High growth organizations usually practice values-based management that in turn boosts individual performance and achievement leading to economic success.
Publication Name: The Academy of Management Executive
Subject: Business, general
ISSN: 0896-3789
Year: 1997
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Why Trafalgar was won before it was fought: lessons from resource-based theory
Article Abstract:
Resource-based theory (RBT) stresses on how a company's unique tangible and intangible assets may enable it to create a sustained competitive advantage. These physical, human and organizational resources may help the firm execute strategies to enhance its efficiency and effectiveness. Theorists categorize assets into two-property and knowledge-based. The concepts underlying RBT are used to assess the British Royal Navy's historic victory over the troop of Napoleon Bonaparte in the Battle of Trafalgar. The fight was won due to the use of key resources.
Publication Name: The Academy of Management Executive
Subject: Business, general
ISSN: 0896-3789
Year: 1997
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Voices from the firing line: managers discuss punishment in the workplace
Article Abstract:
Researchers at the Pennsylvania State University embarked on an interesting study which seeks to assess the nature of impact of punishment in the workplace. Results gathered from an interview involving a sample of executives suggest that punishment episodes tend to generate a positive impact on worker performance. Verbal reprimand, fines and suspensions have also been shown to increase the respectfulness of subordinates.
Publication Name: The Academy of Management Executive
Subject: Business, general
ISSN: 0896-3789
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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