Vol. 6, Issue 9, Part E (2020)
Impact of human values on managerial effectiveness
The sense of value is an essential attribute of the human consciousness. The word ‘value’ expresses the qualitative significance we assign to ideas, feeling, activities and experiences. Value are the evaluative standards we use for deciding what is right and what is wrong, what is good and what is bad, what is desirable and what is undesirable? We experience life in innumerable ways. Out inner self sifts and analyses these experiences, sometimes consciously but more often unconsciously, and attaches different degrees of significance to them. To be effective the mission statement should be used for the guidance in all fields of management: planning, organising, leading and controlling. The plans, policies, procedures, work-rules, etc., should all be in consonance with the stated principles and values. Every decision, whether technical, economic or administrative, should be checked against the mission statement to ensure that it is not violative of the guiding principles. That is, the mission statement should have the same sanctity and importance as the Constitution has for the governance of the country. The main difficulty in realizing these ideals of management by values is that most manager do not possess the art and the skills necessary for practising values. Knowing the values, appreciating their importance and being committed to them is certainly necessary. Managers are educated, trained, motivated, only to think efficiency, competitive advantage, production targets etc., not values, ethics, principles. Even the conceptual tools for making values based business decision have not been adequately developed. It is only now that some tentative suggestions are being made in this regard. This paper focuses upon the study of knowing the impact of human values on managerial effectiveness.
How to cite this article:
Shakir Alam. Impact of human values on managerial effectiveness. Int J Appl Res 2020;6(9):312-314.