What is management by values?

Management Dictionary
Human Resources Management, Sustainable Development and CSR

19 vues

Value does not exist as such, but is expressed in a relationship between at least two people, two entities, or two actors. Historically, value in a company has been understood through an accounting or economic lens.
Since the 2000s, stakeholders in companies no longer accept value in the singular. These stakeholders have VALUES, sometimes conflicting, which need to be made explicit.
Thus, values-based management can be defined as the art of managing human relationships within a company by fostering a collective dynamic far greater than the sum of individual capabilities or criteria strictly related to economic performance.

Liens et ressources

Mots clés

Ethics, Values-Based Management

Auteur.e(s)

VINOT Didier
Full Professor, Executive Director of the Chair "Values of Health Care"
iaelyon School of Management

Institution(s)

Vidéos de la même institution

03:32

What is local retail?

For the past twenty years, local businesses have faced competition from online sales and large retail chains. They have managed to adapt to this new competitive landscape through various strategies, primarily phygital approaches and collective action. This strategic agility and organizational flexibility have enabled them to reinvent themselves.

PIOVESAN David - iaelyon School of Management |

Management Dictionary
Entrepreneurship, Management of SMEs, Marketing, Sales and Communication

03:09

What is prescription?

The digital and technological transformations of the past 20 years have completely disrupted sales practices and consumer behavior. In response to these major changes, the role of guidance and customer recommendation has had to reinvent itself and adopt new forms that are more aligned with today’s challenges.

PIOVESAN David - iaelyon School of Management |

Management Dictionary
Marketing, Sales and Communication, Organizational Theory

02:49

What is the budget?

Prepared at the end of the fiscal year for the following period, a budget is a forecasting and control tool used to organize an organization’s activities and measure their financial impact, typically over a maximum of one year. It represents the quantitative and financial expression of the short-term action plan of management. At the end of the period, budget reconciliation allows for updating forecasts based on the results of the past year and the objectives for the coming year. Some companies choose to prepare rolling budgets or rolling forecasts. Budgets are often subject to criticism, and in response, new approaches are emerging.

TAHAR Caroline - iaelyon School of Management |

Management Dictionary
Management Control

03:18

What are target costs?

How can costs be reduced without diminishing the product’s value for the customer? This question is at the origin of the target costing approach. It is not a cost calculation technique, but rather a cost management method. Its objective is to deliver a product whose perceived value meets customer expectations while not exceeding a maximum cost, the target cost, which ensures that shareholder margin requirements are met. This method is based on two principles: the additivity principle and the symmetry principle. The approach aims to control costs while preserving customer value. However, it can be very complex to implement.

TAHAR Caroline - iaelyon School of Management |

Management Dictionary
Management Control

Vidéos de la même thématique

Italy’s Waste Crisis: How the Mafia Turned Trash into Tragedy

Pendant plus de 40 ans, une mauvaise gestion des déchets en Italie a permis à la Mafia de les éliminer illégalement, provoquant une crise sanitaire majeure et des taux de cancer en hausse. Malgré les interventions tardives de l’État, les choix économiques ont souvent prévalu sur la protection de l’environnement et des populations. Cette crise révèle que la gestion des déchets est avant tout une question de pouvoir et de justice sociale, touchant de manière inégale les communautés.

LOBBEDEZ Elise - |

Research
Sustainable Development and CSR

Artificial Intelligence in recruitment : Is ethics a lever for Business Attractiveness?

More organizations use AI in the hiring process than ever before, yet the perceived ethicality of such processes seems to be mixed. With such variation in our views of AI in hiring, we need to understand how these perceptions impact the organizations that use it. In two studies, we investigate how ethical perceptions of using AI in hiring are related to perceptions of organizational attractiveness and innovativeness. Our findings indicate that ethical perceptions of using AI in hiring are positively related to perceptions of organizational attractiveness, both directly and indirectly via perceptions of innovativeness, with variations depending on the type of hiring method used. For instance, we find that individuals who consider it ethical for organizations to use AI in ways often considered to be intrusive to privacy, such as analyzing social media content, view such organizations as both more innovative and attractive.

FIGUEROA-ARMIJOS Maria - FNEGE |

Research
Digital Transformation, Human Resources Management

Myopia during emergency improvisation

The aim of this paper is to explore how a number of processes combined to create the micro-level strategies and procedures that resulted in the deadliest and most tragic forest fire in Portuguese history.

ABRANTES Antonio - TBS Education |

Research
Human Resources Management, Organizational Theory

Human artificial intelligence at the service of hyperperformance

Artificial intelligence is already transforming lives and organizations. It brings a huge potential, for example, to achieve hyper-performance. Which is not about adding more trainings. But rather finding and removing obstacles from human minds. And artificial intelligence can facilitate that efficiently. It can help us to learn more about our own intelligence. Thus, giving us a unique chance to finally re-unite both intelligences.

STIBE Agnis - EM Normandie |

Research
Digital Transformation, Higher Management Education, Human Resources Management, Innovation Management, Prospective, Strategic Management

Human Resources Management

Sustainable Development and CSR

What is management by values?

Auteur.e(s)

Institution(s)

Vidéos de la même institution

Vidéos de la même thématique

S'abonner aux vidéos FNEGE MEDIAS