This document provides an overview of Management By Values (MBV) as presented by instructor Alireza Akbari. It discusses the evolution of management focus from Management By Instructions in the 1920s to MBV in 2000. MBV involves three key steps: 1) Clarifying the organization's mission, values, and goals through discussions with stakeholders. 2) Socializing and communicating these widely throughout the organization. 3) Aligning daily practices and processes, strategies, and incentives with the identified values. The document presents information to guide organizations in implementing each of these three steps of MBV.
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Management By Values
1. Values (MBV)
Value & Value Creation
in Business Course (VCC)
Management By
Instructor: Alireza Akbari
2. IN THE NAME OF “ALLAH”,
THE MERCIFUL AND COMPASSIONATE
Before
“Any”thing
3. The “ONLY” thing that
works, is “Management
By Values”[MBV].
Find people who are
competent and really
bright, but more
importantly, people
who care exactly about
the same things you
care about.
Steve Jobs, Co-Funder,
Apple Inc.
4. High
Low
Changes in Management Focus
Professional Responsibility
MBV
2000
Management By Values (MBV)
Value & Value Creation in Business Course (VCC)
Instructor: Alireza Akbari
High
MBI
1920
MBO
1960
Increasing
Complexity
Increasing
Unreliability
Needs&Demandof
QualityandCustomer-Focus
5. Changes in Management Focus
Staff’s Professional Responsibility and Autonomy
Management By Values (MBV)
Value & Value Creation in Business Course (VCC)
Instructor: Alireza Akbari
MBI
1920
MBO
1960
Organizational
Development
Demand
Organizational
Complexity
Product/ServiceQuality&
Stakeholders’SatisfactionTrend
MBV
2000
Transforming Managers to Leaders and Facilitators’ Trend
GroupMaking,NetworkingandFlat
OrganizationalStructures’Trend
6. Relation Between Values, Goals & Reality
Management By Values (MBV)
Value & Value Creation in Business Course (VCC)
Instructor: Alireza Akbari
Basic Concept
Place in “Decision/Action”
Chain
Example
Values
What we
should be
The primary strategic choice,
Fundamentalorintrinsicattribute
“Quality” is our first and
most important.
Goals
What we want
to achieve
Intermediate Objective
Achieve the ISO 9001
certification during next year
Reality
What we have
achieved
The observable consequence
after accomplishment
Acquisition of ISO 9001
formal certification
7. And Just CEO’s?
Really just “Chief Executive Officers”??!!
What Makes
Great Companies
Management By Values (MBV)
Value & Value Creation in Business Course (VCC)
Instructor: Alireza Akbari
11. Steps of MBV
Management By Values
Clarifying Our
Mission/ Purpose and
Values
Communicating Our
Mission and Values
Aligning Our Daily
Practices with Our
Mission and Values
Step 03. AlignmentStep 02. SocializationStep 01. Clarification
Management By Values (MBV)
Value & Value Creation in Business Course (VCC)
Instructor: Alireza Akbari
13. Step 02. Socialization
Management By Values
Management By Values (MBV)
Value & Value Creation in Business Course (VCC)
Instructor: Alireza Akbari
It’s a tool which is useful for socialization and also alignment.
1. Identify the value(s) and appropriate definition(s) involved in making
this decision.
2. Who is directly affected by the action(s)[e.g. employees, customers,
shareholders or community]? Dose it also require the involvement of
others?
3. What action(s) does the appropriate value definition(s) call in this
situation[e.g. being fair and equitable to employees, delivering on
commitments to shareholders]?
Guide to Value-Based Decision Making
22. General Reactions
AgainstManagementByValues
•ﻛﻪ اﻳﻦ دركMBVاﺳﺖ ﻫﻤﻴﺸﮕﻲ و درازﻣﺪت ﻛﺎري.
•ﺟﻤﻠﻪ از ﻛﺴﻲ ﻫﺮ ﻛﻪ اﻳﻦ درك»ﻣﻦ«در را ﺧـﻮد ﺳـﻬﻢ ﺑﺎﻳـﺪ
ﻓﺮاﻳﻨﺪMBVاﻧﺠﺎمدﻫﻢ.
Management By Values (MBV)
Value & Value Creation in Business Course (VCC)
Instructor: Alireza Akbari
Step 02. Socialization
23. General Reactions
AgainstManagementByValues
•ﻛﻪ اﻳﻦ دركMBVﺑﻪﻫﺎيﺗﻼشﻫﻤـﻪ در ﻫﻤﻜـﺎري ،داﺋﻤـﻲ
ﻫﻤﻪ و ﺳﻄﻮحﻫﺎﺣﻮزهاﺳﺖ ﻧﻴﺎزﻣﻨﺪ.
•ﺗــﻼشﺟﻤﻌــﻲدﺳــﺘﻪﺑــﺮايﺳــﺎزيﭘﻴــﺎدهﻣــﺪاومMBVدر
درازﻣﺪت در ﺳﺎزﻣﺎن ﺳﺮاﺳﺮ.
Management By Values (MBV)
Value & Value Creation in Business Course (VCC)
Instructor: Alireza Akbari
Step 03. Alignment
24. Lorem ipsum dolor sit amet, consectetuer
adipiscing elit. Aenean commodo ligula eget dolor.
Aenean massa. Cum sociis natoque penatibus et
magnis dis .
COFFEE TIME
Break Time
25. It was an honor to be with you during this
session.
Your contribution to the MBV topic was
encouraging.
GOD bless you!
THANK YOU
For your Attention