PERSONAL VALUES

ANDCORPORATE

STRATEGY

INTRODUCTION OF GROUP YESHA DAVE [CO-

ORDINATOR] DHAVAN DALWADI [ALTERNATE] MEERA BHALALA TARAL DOSHI AAKASH PATEL DIPANKAR SURESH

INTRODUCTION TO THE TOPIC

Values are conceptional, implicit and explicit of what an individual or group regards as desirable.

It is closely related to our personality. It depends from person to person. The portion of values are affected at the

later stage of the life. Untill we face the face to face situations

in life we don’t understand the importance of values.

CLASSIFICATION OF VALUES The values are classified in six different

types by Eduard Spranger- a German Philosopher

Theoritical Man Economic Man Aesthetic Man Social Man Political Man Religious Man

EFFECT ON CORPORATE STRATEGY Corporate strategy is an explicit and

shared set of goals and policies. Each executive tends to behave in his

own way by his own concepts and previously set goals

If strategies are not present in corporate world then there is possibility of disorganization in company’s operations.

CRITERIA FOR STRATEGY The process by which an individual’s

concept of or feel for his company’s strategy is formulated includes assessment of environmental opportunities and risks and of company resources.

The manager has to be very much consious and articulate about the decisions which he is taking.

VALUES IN ACTION Few strategies of National Duplication

Products Corporation were: Slow to moderate company growth Emphasis on single product An independent agent strategy High quality products Refusal to compete on price basis

CONTINUE…

The top managers had assesses realistically opportunities, risks and resources of the organizations.

The managers has to see the opportunity costs in a very minute way and has to take decision in a smart way.

CONSISTENCY AND CONFLICTS The personal values are basic goals in

an organiztaion. They also his decisions concerning

implementing policies. The organizations trying to reinvest of

earnings in research and development have tended to be ineffective against this value perspective.

EFFECT ON STRATEGY Elative value affect his thinking about strategy

bear in mind that corporate strategy in an explicit and shared set of goal and policy defining what the company is to achieve and become in future and how it must operate in order to rich its goals.

Manager can self analysis by doing one thing is to examine himself behavior form time to time with the question in mind of what values he holds .

It is because by comparing and contract – testing his behavior with the behavior of other facing similar situation and problem is very helpful

SELF ANALYSIS

APPRAISAL ON OTHERS The research managers attribute to

much higher scores than scientists gives to themselves

The managers gives perfect scores to scientists and executives and exaggerate the value differences.

A strategy is in danger of failing because it has less casual support in the value systems.S

CONCLUSION Personal values are one of the

determinants of decision making. Corporate strategy must inspire

personal values too. The corporation must remain viable as

an economic instituion. But the strategies defers from situation

to situation.

THANK YOU