Gitarattan International Business School

Team Building(Major HR)

Name- Divya Arya

Enrollment no- 35480003918

Date- 23.03.2020

Submitted to-Seema Wadhwan

Q-Understanding the importance of values and for large organizations.Do you agree that
communicating team value is important?justify the statement.

Values-Value are individual belief that motivate people to act one way or another . They serve as
a guide for human behavior.

Value management is concerned with improving and sustaining desirable balance between the
wants and needs of stakeholders and thr resources needed to satisfy them.Stakeholders value
judgements vary ,and vm reconciles different priorities to deliver best value for all stakeholders.

Yes iam agree that communicating team value is important we understand this by importance of
value management in the organisation.

Importance of value management-

1)Development of employees-Managers can use the value system for the all round development
of their employee.Values aid to vision these helps to develop the knowledge and moral growth of
the employees.

2)Motivation- Values can act to awake your hidden talents in you you have it all in you to go
ahead with courage and faith to realize your full potential .Motivating oneself and motivating
others to call for ethical and right value in organisation.

3)Underline Managerial Behaviour –The study of values is fundamental to the understanding

of managing and organizational behavior the value orientations of managers underlie managerial
behavior.

4)Determine behavior- values underlie and to large extent determine behavior in the
organization.thus the manager can bring change in the desired way through the behavior of
employees.

5)Helps in bringing change –Organizations are united through values .Values are facilitated
organizational change when they are reassessed and brought in line with the organizational
structure objectives.
6)Determines attitude-values lay the foundation for the understanding of attitudes
,motivation,and perceptions.

7)Promote leadership- managers are people who exercise their leadership by values they can be
effective leaders by practicing the spritiual values in their managing jobs.

8)Bring creativity-managers can remain creative in uncertain and ever changing times by
observing many ethical values. Many classic values help increase cognitive abilities that results
in a new way of viewing some problems and situations.