Balanced Organizational Values: From Theory to Practice

Ivan Malbašić (), Carlos Rey () and Vojko Potočan ()

Journal of Business Ethics, 2015, vol. 130, issue 2, 437-446

Abstract: Theories of organization and management have offered several concepts and models which indicate that organizational values are an important factor for running organizations successfully. A still unexplained question concerns the creation of balanced organizational values, which can support the achievement of several different and even conflicting goals of modern organizations. To explore balanced organizational values in contemporary business practice, we tested different models of organizational values on a sample of Fortune 100 companies. Research results demonstrate that none of the proportions/ratios of balance proposed by the main models of organizational values from existing literature possesses/presents the ideal balance that is currently pursued in the business field. As a conclusion, a new model of balanced organizational values is proposed. Copyright Springer Science+Business Media Dordrecht 2015

Keywords: Balanced values; Fortune 100 companies; Management by missions; Organizational value models; Organizational values (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (17)

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DOI: 10.1007/s10551-014-2238-0

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