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

  • Basic corrective action
    Basic corrective action that looks at how and why performance deviated before correcting ...
  • Retrenchment
    Cutting back on products, markets, operations because the firm’s overall competitive ...
  • Strategic control
    Management efforts to track a strategy as it is being implemented, detect problems or ...
  • Departmentalization
    The basis on which jobs are grouped together, is called departmentalization. There are ...
  • Whistle-blower
    Whistle-blower is an individual who raises ethical concerns or issues to others. ...