Values Creation as Value Creation: The Paradigm of Lastingly Viable Enterprise
Friedrich Glauner
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Friedrich Glauner: Cultural Images
Chapter Chapter 2 in Managing Future Enterprise, 2019, pp 23-34 from Springer
Abstract:
Abstract Businesses are, first and foremost, cooperative systems. In them, people cooperate with other people to remedy a want, that is, create a substantial benefit for other people. Therefore all organizations are spaces organized by values. These include, first, the values of the organizational culture with which they organize themselves as performance teams and, second, the values that determine the benefit, i.e. value proposition according to which the company gets active for its target audience. Organizing the landscape of corporate values therefore is the core process of corporate value creation. It incorporates raising social capital for fostering a corporate culture devoted to develop high performance teams which deliver substantial benefits and added value on all levels of the company itself and its surrounding systems. Viable companies do so by activating the human factor in such a way that they create an awareness culture for the formation of value creation cycles in line with the laws of nature.
Keywords: Global Ethic; Values; Value creation cycles; Awareness; Culture; High performance teams; Benefit; Added value; Ethicology; Social capital; Law of nature (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-030-03116-9_2
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DOI: 10.1007/978-3-030-03116-9_2
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