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Managing by Values

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Managing by Values

Berrett-Koehler,

15 min read
10 take-aways
Text available

What's inside?

You can orient your management to what's really important if you align your corporate goals with your values, and then make decisions based on your mission, not only on your profits. (But don't worry, being good turns out to be good business.)

Editorial Rating

7

Qualities

  • Innovative

Recommendation

Managing By Values uses the same simple, direct story format used in The One Minute Manager and many other Ken Blanchard books. This makes the book easy to follow as it moves from one concept to the next. This book does a good job of presenting the Managing By Values system as an idea that makes sense for a company’s bottom line. It’s great to have a work force that enjoys their jobs, but those jobs won’t last long if a company doesn’t remain profitable. Managing By Values shows that you don’t have to sacrifice profit to increase worker satisfaction and that you don’t have to sacrifice worker satisfaction to increase profit. The MBV process shows that increased worker satisfaction leads to increased profit. getAbstract recommends this book for CEOs and people in senior leadership positions.

Summary

Managing By Values

When you manage by fear rather than consensus you are asking for problems. You require a drastic change to keep your company competitive. Perhaps deciding to Manage By Values is the change you need.

In life there are three acts: 1) Achieve, 2) Connect, 3) Integrate. The first act comes naturally to human beings. Humans set goals beyond day-to-day survival. We want to be something. Achieving is about being-by-doing. For many people, the acts of life begin and end with Achieve. The next victory, sale or conquest constantly beckons them. The second act, Connect, deals with relationships. It is about being-by-being-with. When you Connect, you experience life, you invest in your own and other’s lives. You share your time and talent by being involved with family, friends and others. Ask yourself if you are stuck in Act One.

The final act is Integrate. To integrate, bring the first two acts together. It is being-by-becoming. Redefine your purpose and values and put them into daily action in meaningful ways. After you identify these values ask yourself, "How am I demonstrating these values in my everyday dealings in the world?"

The Fortunate...

About the Authors

Ken Blanchard, Ph.D., is a best-selling author, speaker, and business consultant. He co-authored the classic book, The One Minute Manager. His companies, Blanchard Solutions and Blanchard Training and Development Inc., have worked with many leading Fortune 500 companies and fast-growing entrepreneurial enterprises.

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