Value-based leadership and impact on stakeholders
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How does values-based leadership lead to value creation for stakeholders?
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The solution discusses how value-based leadership leads to value creation for stakeholders.
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How values-based leadership leads to value creation for stakeholders
Value based leadership takes into account the transition in business from sources of value creation, which in the past represented tangible assets such as land, reduced cash flow, and equipment to intangibles such as human and social capital. Therefore, businesses have been forced to reorganize their leadership priorities to ensure leadership is in accordance with this new paradigm. Quintessentially, personal values have an impact on leadership in two primary ways including serving as a perceptual filter shaping decisions and behaviour and as a driver ...
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