“If you stand for

nothing.

You fall for anything.”

• You have been given a check
for $1000.00 to do whatever
you like with it. What would
you do with it?
 Conclusion:

What you spend the money on

has everything to do with what
you value
What things did you do during
the past week.
• What you choose to do with your time
also has everything to do with what you
values.
 What is a value?
 Qualities, characteristics, or ideas about which we
feel strongly.
 Our values affect our decisions, goals and behavior.

 A belief or feeling that someone or something is

worthwhile.
 Values define what is of worth, what is beneficial,
and what is harmful
 Values are standards to guide your action, judgments,
and attitudes.
 Values are basic convictions that a specific mode of
conduct or end-state of existence is personally or
socially preferable to an opposite or converse mode of
conduct or end-state of existence.
 Value system indicates a hierarchy based on ranking of
an individual’s values in terms of their intensity.
 Terminal values are desirable end-states of existence;
the goals that a person would like to achieve during
his/her life time. (happiness,recognition,professional
excellance)
 Instrumental values are preferable modes of
behaviour or means of achieving one’s terminal values.
Values are called gunas (honesty,sincerety,ambition)
 Your age will greatly influence your values.
Different people and things influence you at
different ages:

 Ages 1-7 --- parents

 Ages 8-13 --- teachers, heroes (sports, rocks,
TV)
 Ages 14-20 --- peers (values because of peers
or peers because of values?)
 Ages 21+ your values are established, but you
may test your values from time to time.
 Value of Values for Managers

Modern business practices such as :

due diligence,
zero defect,
and money-back guarantee

would cease to exist without values.

We use terms like integrity, freedom, security, privacy,
etc.,
in our day to day life.

In our social and cultural settings, we use terms like

relationships, trust, faith, compassion, sharing etc.

And in our work life, we use terms like efficiency,

productivity, fairness, flexibility, achievement, loyalty,
order, etc.

All these simply represent our values.

Future orientation value of a manager may lead to the
selection and adoption of managerial functions of
“planning” and “training and development”.

It has also been noticed that many important decisions

in organizations are mainly based on leaders’ values
than rational analysis.