Managing By Values

             Managing By Values is a template for an organization desiring to improve the overall attitude and efficiency of its employees for the benefit of its clients. It states that people, as well as organizations, are part of three basic Acts of Life: achieving (to want to be something), connecting (relationships), and integrating (bringing achieving and connecting together). The purpose of the Managing By Values template is to demonstrate how company's can define or redefine its own purpose and values and then put them into daily actions in ways that are truly meaningful to themselves and the people, principles, and commitments it cherishes the most.
             The organization must be built upon four main pillars known as the acronym, CEOS. Each pillar represents a certain group of people to whom the company has a key responsibility. The 'C' stands for 'Customers.' You have to treat customers in such a way that they become raving fans of your service. The 'E' stands for 'Employees.' In this environment, employees begin to think like company owners. Employees are motivated knowing that the organization's goals are working in their best interest. The letter 'O' stands for 'Owners' or company's stockholders. The most required trait for effective leadership is integrity. The integrity of profit making and the related resource allocation practices by management and owners is a company people are proud to be associated with. The 'S' stands for 'Significant Other' groups. This includes the community, creditors, suppliers, vendors, distributors, and even respected competitors. The goal is to consistently build a spirit of shared responsibility and mutual trust between the organization and its 'significant others.' In summary, the Managing By Values process is an accepted business practice for motivating customers to keep coming back, inspiring ...

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Managing By Values. (1969, December 31). In MegaEssays.com. Retrieved 17:05, April 26, 2024, from https://www.megaessays.com/viewpaper/1120.html