Managing by Values: How to Put Your Values Into Action for Extraordinary Results

by Kenneth H. Blanchard, Michael J. O'Connor, Michael O'Connor

Book Overview

This book describes how companies of all types can achieve even greater success--measured not by volume or profits, but by the quality of life for employees and the quality service for customers.... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 1576750078
• ISBN13: 9781576750070
• Release Date: December 1996
• Publisher: Berrett-Koehler Publishers
• Length: 160 Pages
• Weight: 0.86 lbs.
• Dimensions: 0.6" x 5.8" x 8.7"

Customer Reviews

It All Starts with Mission & Values

Ken Blanchard's collaboration with Dr. Michael O'Connor has produced another management, leadership, and ethical living primer that is highly recommended to all current and future organizational leaders at all levels. This book is about an inwardly-troubled, yet outwardly "I-have-it-all" president and CEO of a struggling company who, by chance, meets a managing by values (MBV) consultant who immediately and eventually helps transform the CEO's company into a "Fortunate 500 company" and his personal life into a rewarding family success story. The authors' important message that MBV provides the best framework for stability, continuity, and growth in today's fast-paced environment of social, cultural, personal, economic, and technological change was constantly and believably reinforced. Through meetings with the consultant and interactions with some of his other clients, the CEO learns the fundamentals of MBV and how to apply them at home and at work: the three acts of life (achieve, connect, and integrate); the four pillars of Fortunate 500 companies (`raving fans' customers, employees who feel and act like owners, satisfied owners and stockholders, and the `significant others' who interact in mutually beneficial ways with the company (to include vendors, suppliers, creditors, distributors, the community, and the competition)); and the three-phased MBV process (clarify mission and values, communicate mission and values, align daily practices with mission and values). I was most impressed with the authors' ability to effectively balance the conceptual and practical application aspects of MBV in a story that brought their extensive research and experiences with real-life MBV organizations to life. Do not let the fact that this book was written in 1997 dissuade you from reading and learning from it for it's message is timeless and probably even more relevant today.

Beyond Power to Stakeholder-Centered Missions and Values

If you like Ken Blanchard's other books (like The One Minute Manager with Spencer Johnson), this could turn out to be your favorite Blanchard book of all time. This book looks more fundamentally at how people get their business and personal lives out of whack than the other Blanchard books. That usually means putting the pursuit of prosperity ahead of health, happiness, and peaceful relations with others. The book is built on this premise: "It's values that align people, that get them all committed to working for the common good." On the other hand, if you dislike Blanchard's general approach to business and book-writing, enough said. This one will affect you the same way, and you should skip it. Most people who think about leadership imagine exercising great power by using moral persuasion and commands to shift an organization into a better direction. Actually, that's harder than turning a supertanker around, and often less useful. In my experience, and in the views of this book, it works better to find a purpose for the organization that is equally valuable and meaningful to everyone involved (those who work there, customers, suppliers, shareholders, distributors, partners, and the communities you serve). That purpose doesn't come from the CEO, but rather it emerges from conversations with all of the interested parties. Then, by using that central purpose, and the values to support it, everyone can decide what the right thing to do is in any situation with a minimum of leadership and management from elsewhere. Johnson & Johnson is probably a good example of a company that runs this way. When someone tampered with some Tylenol capsules, the company quickly recalled all Tylenol products as a reflection of its value of providing only helpful, healthful products. Unlike Ken Blanchard's other books, this one has a lot of process-oriented information about how to go from how you lead today to a mission and value-centered process. I found that very helpful, and the process suggestions seemed sound to me. I have not actually seen a company use the exact process here, but it seems reasonable compared to the examples I have seen in other companies. As you probably guessed, the book is built around a fable that involves someone (CEO Tom Yeoman of RimCo) having an epiphany that leads to a desire to change his life and improve his company. The epiphany follows his best friend refusing to help start a new business with him, saying, "The trouble with you, Tom, is that you're in a rat race. Remember, even if you win the race, you're still a rat." Tom meets a change agent (a consultant who specializes in Managing by Values) and several clients of the change agent who share their experiences. The book goes on to describe how Tom's company implements that advice. You'll also recognize the familiar summaries, diagrams and short quotes ("The most important thing in life is to decide what's most important.") to emphasize what you have just learned. This

Managing by Values

In Managing by Values, Ken Blanchard and Michael O'Connor suggest that many companies create lofty vision and mission statements that they distribute throughout their organization for all to see, yet they rarely if ever "walk the talk." This book challenges organizations to transform the way they conduct business from managing by intimidation to managing by values.Gut Reactions: When I initially read the jacket of this book, I thought it would be more of the same old total quality management jargon. I expected to read a lot about statistical process control, just-in-time management and leadership from the bottom up. While several of these topics were mentioned in the book, they were by no means the major thrust of what the authors wanted us to learn. The focus was on leading, managing and working in an environment that focuses on the C-E-O-S of an organization. According to the text, these key constituency groups provide the structure within any successful organization. The foundation on which these organizations conduct business is one of commitment, not only to profit but also to business values like honesty, integrity, fairness, and cooperation, in other words, "managing by values." Written in a story format, the authors easily draw you into the life and problems of a CEO ((Tom Yeomans) who has finally realized that his way of managing may not be the best thing for himself, his family or his organization. Faced with this revelation, Tom makes a commitment to change his own way of managing and ultimately create a more ethical way of doing business within his organization.Big Ideas: ·There are Three Acts of Life: Act I: Achieve (being-by-doing) Act II: Connect (being-by-being-with) Act III: Integrate (being-by-becoming) ·Fortune 500 Organizations depend on four pillars: C - Customers E - Employees O - Owners (stockholders) S - Significant others (community, creditors, suppliers, vendors, etc.) ·Managing by Values Process Phase 1: Clarifying the mission/purpose and values - Owners - Top Management - Unit Leaders - Employees - Customers - Other Key Stakeholders Phase 2: Communicating the mission and values - Organization and Unit Events (meetings, celebrations, etc.) - Communication Materials (posters, brochures, etc.) - Formal Communications Mechanisms (newsletters, etc,) - Informal Communications Mechanisms (memos, voicemail, e- mail, etc.)Phase 3: Aligning the daily practices with the mission and values - Individual practices (self management, problem solving, decision making and leadership practices) - Team practices (effective member practices, group dynamics and processes, stages of building high-performance teams) - Organizational practices (strategic management and development, organizational systems and processes, resource- barrier management, rewards and recognition practices) Continuous ImprovementImplications: - This story

Beyond Power to Stakeholder-Centered Missions and Values

If you like Ken Blanchard's other books (like The One Minute Manager with Spencer Johnson), this could turn out to be your favorite Blanchard book of all time. This book looks more fundamentally at how people get their business and personal lives out of whack than the other Blanchard books. That usually means putting the pursuit of prosperity ahead of health, happiness, and peaceful relations with others. The book is built on this premise: "It's values that align people, that get them all committed to working for the common good." On the other hand, if you dislike Blanchard's general approach to business and book-writing, enough said. This one will affect you the same way, and you should skip it.Most people who think about leadership imagine exercising great power by using moral persuasion and commands to shift an organization into a better direction. Actually, that's harder than turning a supertanker around, and often less useful. In my experience, and in the views of this book, it works better to find a purpose for the organization that is equally valuable and meaningful to everyone involved (those who work there, customers, suppliers, shareholders, distributors, partners, and the communities you serve). That purpose doesn't come from the CEO, but rather it emerges from conversations with all of the interested parties. Then, by using that central purpose, and the values to support it, everyone can decide what the right thing to do is in any situation with a minimum of leadership and management from elsewhere. Johnson & Johnson is probably a good example of a company that runs this way. When someone tampered with some Tylenol capsules, the company quickly recalled all Tylenol products as a reflection of its value of providing only helpful, healthful products.Unlike Ken Blanchard's other books, this one has a lot of process-oriented information about how to go from how you lead today to a mission and value-centered process. I found that very helpful, and the process suggestions seemed sound to me. I have not actually seen a company use the exact process here, but it seems reasonable compared to the examples I have seen in other companies.As you probably guessed, the book is built around a fable that involves someone (CEO Tom Yeoman of RimCo) having an epiphany that leads to a desire to change his life and improve his company. The epiphany follows his best friend refusing to help start a new business with him, saying, "The trouble with you, Tom, is that you're in a rat race. Remember, even if you win the race, you're still a rat."Tom meets a change agent (a consultant who specializes in Managing by Values) and several clients of the change agent who share their experiences.The book goes on to describe how Tom's company implements that advice.You'll also recognize the familiar summaries, diagrams and short quotes ("The most important thing in life is to decide what's most important.") to emph

Story-telling book discusses implementing values in business

This book is a must read for any organization who is considering values as a way to define its culture. Ken Blanchard uses his creative story-telling technique to discuss the process by which a company implements corporate values. Along with Michael O'Connor, Blanchard writes about one CEO, Tom Yeoman, who discovers his people feel he manages "more by fear than by consensus." Tom meets Jack Cunningham, a consultant who helps him introduce and implement a values-based culture in his company. To learn about what it means to incorporate values and strive to be a "Fortunate 500" company, Tom meets with other company representatives who have undertaken this task. Throughout his journey, he learns about the three steps to becoming a Fortunate 500 company -- 1.) Clarifying mission and values; 2.) Communicating mission and values; and 3.) Aligning daily practices with mission and values. Throughout the story, Blanchard and O'Connor introduce creative internal communication ideas, as well as critical tools to help when aligning the business practices with the new values. These tools, coupled with the narrative style, provide a quick, yet informative, read for CEOs, HR personnel, and trainers, as well as anyone interested in this new way of doing business.