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Showing posts with the label Management by Values

Management by Values: A New Management Approach

Management theory has developed based upon the success of companies. Through these examples researchers can better understand how successful techniques can be used to improve upon other organization. New techniques may provide a framework for developing companies in a highly competitive international market. The development of Management by Values offers a potential way to view and see organizations. It is beneficial to understand how these techniques contributed and grow from each other in a natural progression. Starting at Scientific Methodology each method contributed to concepts of administrative approaches, decentralization, strategy orientation, core competencies, innovation, and values. Each technique provided some level of strength at the time they were implement. However as the world environment becomes more complex it is important to continue and develop economic approaches. New methods must be forthcoming. According to Zhen (2012) the development of thought on m