The-definition.com

Definition

Values-based management

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.

Share it:  Cite

More from this Section

  • Management by objectives
    Management by objectives (MBO) is a process of setting mutually agreed upon goals and ...
  • Chain of command
    Chain of command is the line of authority extending from upper organizational levels to ...
  • Social responsiveness
    A firm’s engaging in social actions in response to some popular social need, is called ...
  • Liquidity Ratios
    Liquidity ratios measure the short-term ability of the company to pay its maturing obligations ...
  • Strategic positioning
    The way a business is designed and positioned to serve target markets. ...