values in global change

NEED FORVALUES

IN GLOBAL CHANGE

MANISH MAHAJANB.B.A - III

CONTENTS

VALUES

NEED OF VALUES FOR

COMPANIES

GLOBAL CHANGE

CASE STUDY

VALUES

The word ‘value’ is derived from French

word ‘velour’ which means worth, merit,

usefulness or importance of thing.

Values are a prescriptive belief which

depicts what is good and what is bad. A

value shapes beliefs which determine

behavior and personality of an

individual.

NEED OF VALUES FOR

COMPANIES

It makes leading and managing

team a lot easier.

It makes hiring process efficient.

It provides a framework for decision

making.

It makes a company perform better.

NEED OF VALUES IN GLOBAL

CHANGE Unreasonable personal expectations.

Widespread unhappiness due to

comparisons with colleagues.

Disillusionment with performance

appraisal systems and promotion

criteria.

Frequent fits of anger amongst top

level officials or entrepreneurs.

VALUES NEEDED IN THIS GLOBAL

CHANGE

Empathy

Mutual respect

Love

Loyalty

Honesty

CASE STUDY Apple Inc. is an American multinational

corporation that designs, develops, and

sells consumer electronics, computer

software, and personal computers.

Fortune magazine named Apple the

most admired company in the United

States in 2008, and in the world from

2008 to 2012.

APPLE INC. VALUESEmpathy for Customers

Innovation

Individual Performance

Team Spirit

Quality

Good Management

CONCLUSION Organizations optimize their

productivity when employees view their

work as much more than the mere

trading of skills for money.

To achieve this heightened commitment,

organizations should integrate their

values, translate them into an ethic, and

align that ethic with their strategies.

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