Value Shift: Why Companies Must Merge Social and Financial Imperatives to Achieve Superior Performance by Lynn S. Paine (Hardback, 2002)
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- DescriptionPick up a copy of the day's business section. Chances are you'll read about a corporation in jeopardy due to reckless standards or practices - or one that's getting wise and taking a closer look at its impact upon the world. From Ford and Bridgestone to Sotheby's and Christie's; from Microsoft to McDonnell Douglas, managers and directors are coming to understand that for the long-term health of their companies, it's t eugh to make a good profit. They have to make that profit responsibly. In Value Shift, rewned Harvard Business School professor Lynn Sharp Paine translates real-world experience as a corporate consultant into a powerful case for this new standard of performance, never losing sight of the fact that healthy companies must remain profit-driven. By building a corporate conscience, Paine argues, managers can anticipate certain gray area dilemmas - and by helping to avoid the wrong responses to those dilemmas, take an active role in strengthening their company or divisions. As practical as it is even-handed, Value Shift will take its place next to Built to Last and In Search of Excellence on the bookshelves of managers around the globe. In taking a hard-headed look at the ways in which values do - and do t - enhance financial performance, this book differentiates itself from two dominant streams of writing in business ethics. The first is oriented toward proving the financial merits of ethics. The second assumes that the financial question is irrelevant. By synthesizing both sets of concerns - ecomic and ethical - Value Shift presents an approach to management that is t only more realistic, but also more useful.
- Author BiographyLynn Sharp Paine, D.Phil., J.D., is a John G. McLean Professor and at the Harvard Business School. She is a member of The Conference Board's Blue-Ribbon Commission on Public Trust and Private Enterprise, and consults to companies worldwide on leadership and values. Her articles have appeared in Harvard Business Review and other major business journals, and she is the author of the casebook Leadership, Ethics, and Organizational Integrity.
- Author(s)Lynn S. Paine
- PublisherMcGraw-Hill Education - Europe
- Date of Publication01/10/2002
- SubjectManagement Techniques: Professional
- Place of PublicationLondon
- Country of PublicationUnited States
- ImprintMcGraw Hill Higher Education
- Content NoteIllustrations
- Weight640 g
- Width152 mm
- Height229 mm
- Spine29 mm
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