This section describes practical experience, with how value-based management can be an effective lever, when working with the company’s legitimacy. First, the key concepts are defined: values, value-based management, and business legitimacy. Next, an important tool – the scorecard – is shown. The decisive matter about the scoreboard is that it must be used in a certain way to get effect. Therefore, ten brief instructions on how the tool should be used follow. It is absolutely crucial that the instructions are followed. Finally, a brief summary of a research case is given. The case is from a company that has secure legitimacy through value-based management and has done it extraordinarily well. The reference list contains a link for downloading the case.
|Titel||Handbook of Business Legitimacy : Responsibility, Ethics and Society|
|Redaktører||Jacob Dahl Rendtorff|
|ISBN (Elektronisk)||9783319688459, 9783030146221|
|Status||Udgivet - 2020|
Bibliografisk notePublished online: 26 February 2019.
- Individual responsibility
- Brotherhood of honor
- Mutual trust
- Win-win situations
- Coordination of conduct
- Internal consistency
- Value dialogues
- Inner motivation
- Active involvement