Value Driven Management: How to Create and Maximize Value Over Time for Organizational Success

Value Driven Management: How to Create and Maximize Value Over Time for Organizational Success
by Randolph A. Pohlman, Gareth S. Gardiner, Ellen M. Heffes

Value Driven Management: How to Create and Maximize Value Over Time for Organizational Success
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Book Summary Information

Author: Ellen M. Heffes, Gareth S. Gardiner, Randolph A. Pohlman
Edition: Hardcover
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2000-04-28
ISBN: 0814404855
Number of pages: 240
Publisher: AMACOM

Book Reviews of Value Driven Management: How to Create and Maximize Value Over Time for Organizational Success

Book Review: Value Driven Management
Summary: 5 Stars

I cannot rave enough about Pohlman's VALUE DRIVEN MANAGEMENT book. I purchased this book as a requirement for both my first class in the MBA program and as a fundamental requirement of the premise of NSU's business style. The book is filled with theory, the reason behind them and examples to understand their significance. Essentially, the fundamental factor is value. Determining the value drivers of your team to lead them to achieve, adding value to the organization, its customers, and other shareholders. This book does an excellent job of outlining the important elements of a management style that incorporates value at every step. This book is unlike other business books that just rattle off theories and throw in an example or two to reinforce the point. Rather, this book explains the theory, the underlying motivation behind the reasons why they are effective (the value drivers) and provides many examples offering different perspectives on the same theory. This helps the reader understand the concept and truly appreciate the need for this type of management. This should be on every manager's reference list.

Summary of Value Driven Management: How to Create and Maximize Value Over Time for Organizational Success

Maximize profits! Create shareholder wealth! These are the values driving many businesses today. Whipped into a frenzy by the single-minded pursuit of these goals, companies often end up sacrificing good judgment, value, and, ultimately, the very success they were striving to achieve.

This sad trend can be reversed with VALUE DRIVEN MANAGEMENT. Instead of focusing solely on profits or shareholder wealth, value driven management is aimed at creating and sustaining value over time--by recognizing and using eight "value drivers" to guide the organization's leadership, management, and decision-making processes.

Beneficial to both organizations as a whole and individuals, the innovative philosophy of VALUE DRIVEN MANAGEMENT will help readers to:

* Realize that economic value is only one aspect of value, important but not the paramount objective * Build an organization where the values of employees are in sync with organizational values * Establish a value-driven culture throughout the organization * Use value-driven management concepts to solve complex problems * Manage their self-development * Increase their job satisfaction, and more.

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