Introduction: “whose Values?”

James ƠToole

in The Executive's Compass

Published in print August 1995 | ISBN: 9780195096446
Published online October 2011 | e-ISBN: 9780199854875 | DOI:
Introduction: “whose Values?”

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This chapter discusses the difficulties that modern executive leaders face due to “cross-cultural empowerment”, leaving them less “free to choose”, in the famous words of Milton Friedman, due to the sensitivities of a corporation's constituencies. Thus, the question indeed is “Whose Values?”. To avoid such complexities, business managers choose to simplify the issue. However, simplicity doesn't mean stressing only one value, or sacrificing other equally important ones. The answer to such a question leads to the enhancement of understanding. This chapter also discusses the five roles that executives play in the workplace and the role of democracy.

Keywords: empowerment; Milton Friedman; values; simplicity; democracy; Liberty; community; equality; workplace

Chapter.  3713 words.  Illustrated.

Subjects: Public and Nonprofit Management

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