‘Learning organizations’ enable companies to remove hierarchical levels and to introduce a flatter organizational structure, which can lead to reduced costs and increased productivity. A recent Danish study has proved coherence between a flat, integrative organizational structure and an increased productivity. This enables a kind of management in which the managerial form is not as direct as it is in more traditional structured companies. Value-based management is advanced as a possible answer to the question of which managerial form that is appropriate for these kind of companies. In the article, value-based management is described as well as the underlying factors that are affected by such a managerial form. Required managerial elements in relation to value-based management are advanced. Examples from Hewlett-Packard are used to illustrate both the use of value-based management in practice and the underlying factors.
|Place of Publication||Frederiksberg|
|Publisher||DRUID - Danish Research Unit for Industrial Dynamics|
|Number of pages||32|
|Publication status||Published - 2000|
|Series||DRUID Working Paper|
Nymark, S. R. (2000). Value-based Management in Learning Organizations Through 'Hard' and 'Soft' Managerial Approaches: The case of Hewlett-Packard. DRUID - Danish Research Unit for Industrial Dynamics. DRUID Working Paper, No. 2000-10