Values - soft issue or valuable capital?

  • The purpose of this article is to discuss different approaches in the values-based culture literature and identify research challenges and inconsistencies regarding the topic. From this, the authors develop applicable recommendations for scientists and managers. The study is based on an intense literature review on values, their definition, their measurement and management. These aspects are linked to each other in a further step. The authors link different perspectives on definition, measurement, analysis, and the management of values to a comprehensive picture. The measurement of values is seen to be a basis for the ability to be clear in communication, to monitor congruencies between beliefs and practices and to integrate personal values and the ethical framework of the company. The target of managing values is to be seen in a successful implementation into the organisation, as well as the P-O-fit (Person-Organisation fit) thought. In conclusion, the authors recommend to measure and to be aware of both, management values and employee values, in order to optimize the P-O fit and make values contribute to strategic goals. The article shows a way forward to a deeper understanding of the phenomenon of organisational values for business managers and scientists. The authors develop a common threat for a coherent picture on the definition, the method of measurement and the approach to management of values, which contributes to applicable recommendations for scientists and managers. Moreover, the article provides a platform for further research and empirical testing.

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Author:Britta Bolzern-Konrad, Carolin Egger, Erika Sumilo
Parent Title (English):Humanities and Social Sciences. Latvia
Document Type:Contribution to a Periodical
Publication Year:2013
Tag:Culture; Individual values; Management of values; Measurement methods; Organisational Values
First Page:74
Last Page:90
faculties / departments:Fakultät für Chemische Technologie und Wirtschaft
Dewey Decimal Classification:6 Technik, Medizin, angewandte Wissenschaften / 65 Management, Öffentlichkeitsarbeit