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Understanding Value Systems in Business

This document discusses values and value systems. It defines values as beliefs about what is right and wrong that influence actions. It explores different types of values including managerial, leadership, and organizational values. It also examines factors that shape an individual's value system such as family, education, culture, and environment. Finally, it outlines a model by Clare Graves that proposes individuals progress through levels of psychological development defined by their evolving personal values and lifestyle.

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Sangeet Vashishtha
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87 views10 pages

Understanding Value Systems in Business

This document discusses values and value systems. It defines values as beliefs about what is right and wrong that influence actions. It explores different types of values including managerial, leadership, and organizational values. It also examines factors that shape an individual's value system such as family, education, culture, and environment. Finally, it outlines a model by Clare Graves that proposes individuals progress through levels of psychological development defined by their evolving personal values and lifestyle.

Uploaded by

Sangeet Vashishtha
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

Value system & Values

Values

Values are the beliefs that actions. They


represents the person’s belef about
what is right or wrong.
Characteristics of Values
Types of Values
Factors Affecting Values
Concept of Corporate Values
Values can be seen either as attributes of
people or attribute of object.
1. Objective values: Values can be
perceived as attribute of objective.
2. Subjective values: Values are subjective
in the sense that they are entirely
dependent upon the changing option of
the valuing agent.
Categories of Values
• Managerial Values
• Leadership Values
• Organizational Values
Importance of Values in Business
• Corporate culture
• Ends Means Chain
• Guides to action
• Objective Standard
• Social Responsibility
Value System
The Value system can be said to be built upon
• Values inculcated in early childhood within the family
• Education
• Training
• Mass media, cinema, TV, Books
• Technological Development
• Environment
• Political system
• Moral atmosphere
• National culture, ethos and environment
Grave’s Model
Clare Grave(1970) proposed that individuals
evolve through consecutive levels of
psychological existence that reflect their
personal values and life style.

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