Managing by Values in the Next Milenium: Cultural Redesign for Strategic Organizational Change

16 Pages Posted: 28 Jul 2000

See all articles by Simon L. Dolan

Simon L. Dolan

ESADE Business School

Salvador García

University of Barcelona - Department of Social Psychology

Date Written: June, 2000

Abstract

The system of beliefs and values, that shaped the model for management and organizations during the 20th century, is just not good enough today. In order to keep a business functioning well and competing successfully in markets that are increasingly more global, complex, professionally demanding, constantly changing and oriented towards quality and customer satisfaction a new model is needed. In this paper, we will propose that both Management by Instructions (MBI) and Management by Objectives (MBO) today give notoriously inadequate results. By contrast, description of a new approach labeled: Management by Values (MBV), seem to be emerging as a strategic leadership tool. The paper outlines this approach and discusses the implementation of MBV as a tool to redesign culture in organizations and prepare them for the next millenium.

Keywords: Managing by values, management in new milenium, strategic leadership.

JEL Classification: D23, M14, O33

Suggested Citation

Dolan, Simon L. and García Sánchez, Salvador, Managing by Values in the Next Milenium: Cultural Redesign for Strategic Organizational Change (June, 2000). Available at SSRN: https://ssrn.com/abstract=237628 or http://dx.doi.org/10.2139/ssrn.237628

Simon L. Dolan (Contact Author)

ESADE Business School ( email )

Av. de Pedralbes 60-62
Barcelona, 08034
Spain
934952052 (Phone)

HOME PAGE: http://www.simondolan.com

Salvador García Sánchez

University of Barcelona - Department of Social Psychology ( email )

Barcelona
Spain

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