Value-Based Management

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Description

CESJ:

"The term originally used by some binary economists to describe a 21st Century servant leadership philosophy and management system for creating and sustaining an expanded ownership culture within business corporations, based on the integration of moral values and market concepts of "value." The term was later changed to "Justice-Based Management (JBM)" when "Value-Based Management (VBM)" began being used by Wall Street and various business schools to describe the purchase of marketable securities or capital assets based on speculation that those assets are undervalued in the market." (http://www.cesj.org/definitions/glossary.html)


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