2. INTRODUCTION
Value Based Management (VBM) is the management philosophy and
approach that enables and supports maximum value creation in
organizations, typically the maximization of shareholder value.
3. Materialistic Management
• Under moder production system managment
and workers are seperate entities.
• To the modern management the workers are
everything. The moment he is not able to work
he is discarded like a hired commodity.
4. Consequences of this management
There is crises of confidence in workers
There is no sense of belonging
The manager has huge wealth but the soul is lost
5. What is management
Management means directing and controlling a group of people or an
organization to reach a goal.
In other word Management can also mean the person or people who
manage, the managers.
6. Value of management
Value of management Is concerned with Value Management is
concerned with the creation of sustainable value, either at project,
product, process, organisational or social level. It is concerned with
improving and sustaining a desirable balance between the needs and
wants of stakeholders and the resources needed to satisfy them.
10. Manager
Manager is a person responsible for controlling a part of a
company or similar organization.
11. What make a Good Manager
?
Leadership
Be a motivator
Listen to your employees
Provide training
Acknowledge success
Get to know your employees
12. Ethical in your approach
A manager has to be very ethical. He is the face of team. His
subordinates and team member will pay him regarding only if
they find leader ethical .
13. Admit your mistakes
If you get it wrong say so managers don’t have to be infallible. Your
staff will respect you more if you are able to admit your mistakes
and then set about sorting out a solution.
15. Sub –points :
Performer: Be conscientious and live by the
ethical values and principles.
Helper: Team player and good Samaritans.
Supports others and make them feel welcome in a
group.
Producer: Pragmatic with resources and people.
Expressionist: Very articulate with their feelings
and emotions. Be authentic and true.
16. Related Terms :
The management should try to assess the
spirituality quotient of employees as well as
of themselves, in addition to intelligence
quotient and emotional quotient and follow
the balancing style such as :
17. Positive attitude
Self-confidence
Sradha (Faith)
Strong will-power
Sense of Responsibility
Empathy
18. Value Based Management-
Requistic Business Value
In order to meet the stakholders expectations the
following are the requisite business values:
1.Dharma:For individuals and institutions
including,business Indian tradition objects.
2.Lok sangrahala:As business become, especially
strategic institutions in all societies.
3.kausalam:The large populations of asia.Africa and
south America even a fraction of prosperity.
19. Measures for Famillarising Required
Values
In the order to internalise and practice the
requisite business Values the following action
stay may be useful:
1.Value Dialogues between business and
society:There is a need to organize local,
national, regional and global dialogue.
2.Business Leaders Values conference:a series
of values conference may organised.
