Sirvi Kuupäev , alustades "2009-10-20T13:08:41Z" järgi

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Management by values: the analysis of influencing aspects and its theoretical and practical implications
(2009-10-20T13:08:41Z) Jaakson, Krista
Management by values is a concept that is applied in organisational practices in Estonia as well as abroad. The roots of this management concept are in 1980s, when semi-scientific works were published in US, where organisations with strong culture were claimed to be successful. The core element of organisational culture is organisational values and management by values is focused at these. The author of the thesis defines management by values as a series of interconnected managerial activities to ensure the acceptance of relevant organisational values inside and outside the organisation. While there is plenty of theoretical literature on management by values, empirical research is scant. The aim of the present thesis was to work out theoretical and practical implications for the management by values based on the example of Estonian organisations. The thesis consists of four separate articles supplemented by an introductory overview of the research field and discussion at the end. It was found that management by values is influenced by existing practices of the organisation, its stakeholders, availability of resources and employee empowerment, internal systems and organisational culture. In addition, the success of management by values is dependent on how well the values statement itself meets certain principles. Organisational members’ perception of values as a relevant process in the management by values is also influenced by their socio-demographic variables. Conclusions reached in the current thesis help managers to better understand the essence of management by values and raise the awareness about potential problems that may occur in the process. Although empirical data is based on Estonian organisations, the author asserts that the results are of interest to and suggestions applicable in any organisation wishing to implement management by values.