Values-based management in which the organization’s values guide employees in the way an example of a company that uses values-based management. Based on the simple statement “Make It Better,” employees at Timberland know what’s expected and valued. They know they need to find ways to “make it better” – whether it’s creating quality products for customers, performing community service activities, designing employee training programs, or figuring out ways to make the company’s packaging more environmentally friendly.
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- Polycentric attitude
A polycentric attitude is the view that employees in the host country (the foreign country in which the organization is doing business) know
- Process production
Process production is the production of items in continuous process.
- Unity of command
The management principle that each person should report to only one manager. Without unity of command, conflicting demands from multiple
Empowerment is the act of allowing an individual or team the right and flexibility to make decisions and initiate action.
- Incremental innovation
Simple changes or adjustments in existing products, services, or processes.
- Principles of management
Fundamental rules of management that could be applied in all organizational situations and taught in schools, is called principles of management.
- Intuitive decision making
Intuitive decision making refers making decisions on the basis of experience, feelings, and accumulated judgment.