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Understanding the Management by Values System

Organizations have always adopted management systems that fit the organizational context of their times. In the past, management may have focused on instructions or objectives. Organizations may have been trying to maintain production or optimize results. Now, organizations that want to survive and compete in this increasingly demanding, highly diversified, and dynamic marketplace recognize that the industrial management models that fit earlier times are no longer appropriate. Progress has meant different things in different eras, whether that meant economic progress, or outcomes that are more core to our humanness — our values. Today’s leaders and managers are facing the biggest challenge in history: how to create and maintain successful organizations based on what is equally good for people, business, communities, and society. In order to do this, we will need to use shared values to delivered shared value across the globe. Shaping, developing, and adequately rewarding the achievement of shared values is among the most important tasks of a leader and manager. Given our complex times, organizations need everybody — not just decision makers at the top — to be able to solve problems using their own knowledge, skills, and creativity. We need managers who can lead bright, curious, talented, and highly educated professionals and knowledge workers, fostering creative, mutually respectful relationships. Individuals must be empathetic, respectful, and self-reflective, addressing all dimensions of cultural difference, while still attending to the task at hand. This will create higher performing, more human organizations.