VALUES IN MANAGEMENT OF ORGANIZATION

ByAbhilasha .V Aditya.R.A.&

Aijaz Ahmed .N. Sawar

Values are important and lasting beliefs or ideals shared by the members of a culture about what is good or bad and desirable or undesirable.

Values have major influence on a person's behavior and attitude and serve as broad guidelines in all situations.

• Values are different form Attitudes.

o Values are general beliefs about life.

o Whereas attitude are directed towards specific objects, events, or people.

Types of values

Terminal Value Terminal Values include things like happiness, self

respect, family security, recognition, freedom, inner harmony, comfortable life, professional excellence, etc.

Instrumental Value These include honesty, sincerity, ambition,

independence, obedience, imaginativeness, courageousness, competitiveness, and also some negative traits too. 

OTHER CATEGORY OF VALUES Theoretical: Values the discovery of truth and

emphasises critical and rational approach to problem. Economic: Values utility and practicality and

emphasises standard of living. Aesthetic: Values form grace and harmony and

emphasises the artistic aspects of life. Social: Values love of people and altruism and

emphasises competition and winning.

IMPORTANCE OF VALUES IN AN ORGANIZATION

Contribute to the shared meaning in the organization.

Binds people together as a community.

Provides people with a common language.

Tell people how to behave to achieve the organization’s

vision.

Contribute to organization’s vitality and performance.

CONTINUED..

Organizational values are unique to each company. 

Values should represent the culture of the business. 

It’s okay to be competitive and profit driven. 

As you’re starting to plan for next year, think about

your organizational values and whether they’re

representative of your organization. 

IMPORTANCE OF VALUES IN VARIOUS FIELDS

Recruiting -

Training –

Performance -

THE BENEFITS OF VALUES IN MANAGEMENT

Provides good basis to management for better business decisions.

Improves provided services to partners/customers real needs.

Facilitate innovation to support organization competitiveness .

Strong awareness of value culture, with good understanding of business's goals;

Good knowledge of business/ organization KPIs . Enhance communication and the efficiency of teamwork. Commitment from partners/customers and stakeholders.

TWO STEP PROCESS

Every individual and every organization on this planet is

involved in making decisions on a daily basis.

The first step in creating values alignment is to find out what

the values of employees are.

The second step is to find out how employees perceive the

values of their organization.

The decisions we make are a reflection of our personal and

organizational values.

When the values of an individual are the same as the values of

their organization, then there is a values alignment &Vice versa.

CONCLUSION

Values are the ideals of an individual personal importance.

However, to be successful in an organization, managers need to

learn adopted values, a set of values that are part of the

organisation’s culture.

When personal values (intended) and organizational values

(adopted) are congruent, these become highly pragmatic

operative values.

Thus, they provide a frame of references for consistency in

making decision and relationship with others. Organization

grows and prospers when operative values are strong.

Questions and Comments ???

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THANK YOU…