Values-based management in which the organization’s values guide employees in the way an example of a company that uses values-based management. Based on the simple statement “Make It Better,” employees at Timberland know what’s expected and valued. They know they need to find ways to “make it better” – whether it’s creating quality products for customers, performing community service activities, designing employee training programs, or figuring out ways to make the company’s packaging more environmentally friendly.
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- RESOURCE-BASED VIEW OF THE FIRM
The resource-based view (RBV) is a method of analyzing and identifying a firm’s strategic advantages based on examining its distinct combination of assets, skills, capabilities, and intangibles as an organization.
- Employee productivity
Employee productivity is a performance measure of both efficiency and effectiveness. Managers want to know what factors will influence the
- Autocratic style
A leader who dictates work methods, makes unilateral decisions, and limits employee participation, is called autocratic style.
Self-monitoring is a personality trait that measures the ability to adjust behavior to external situational factors.
- Social responsiveness
A firm’s engaging in social actions in response to some popular social need, is called social responsiveness.
- Economic Factors
Economic factors concern the nature and direction of the economy in which a firm operates.Bcause consumption patterns are effected by the relative affluence of various market segments ,each firm must consider economic trends in the segments that affect its industry.
- Task structure
Task structure is one of Fiedler’s situational contingencies that described the degree to which job assignments were formalized and structured.