This document discusses the importance of values in management. It defines values as important beliefs that guide behavior and attitudes. Values provide a shared meaning and language for an organization, binding people together and guiding them to achieve the vision. Organizational values are unique to each company and contribute to its vitality and performance. Values influence recruiting, training, and job performance. They provide a basis for decision-making and facilitate innovation to support competitiveness. When personal and organizational values are congruent, they become highly pragmatic operative values for the organization.