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Creating value in a firm is an enormously complex endeavor. Yet, despite its complexity, value creation is the objective of every enterprise, every worker, and every leader. The Competing Values Framework can help leaders understand more deeply and act more effectively. In the first book to comprehensively present this framework, the authors discuss its core elements and focus attention on rethinking the notion of value. They emphasize specific tools and techniques leaders can use to institute sustainable change.
The Competing Values Framework was developed in response to the need for a broadly applicable model that would foster successful leadership, improve organizational effectiveness, and promote value creation. It helps leaders think differently about value creation and shows them how to clarify purpose, integrate practices, and lead people. Named one of the 40 most important frameworks in the history of business, it has been studied and tested in organizations for more than 25 years. Currently used by hundreds of firms around the world, the Competing Values Framework serves as a map, an organizing mechanism, a sense-making device, a source of new ideas, and a learning system.
This accessible resource will be of great use to organizational scholars interested in the concepts of value creation, organizational effectiveness, and competing values; to leaders and managers interested in enhancing and creating value in their organizations; and to change agents and consultants who use the Competing Values Framework as part of their intervention strategies or who are looking to help improve organizations.
Review
'This is a very readable and excellently presented volume. It will interest anyone concerned with organizational effectiveness and the competing values model.' - Economic Outlook and Business Review 'I recommend this book to anyone wishing to understand and practice leadership. Leadership is often treated in mutually-exclusive categories, such as Theory X vs. Theory Y, managers vs. leaders, transactional vs. transformative, initiation vs. consideration, etc. The Competing Values Framework presented in this book transcends these dualities. It features eight competing but complementary values that are critical for managing today's complex and pluralistic organizations.
The framework emphasizes the need for balance among the eight leadership roles, and an appreciation of the context, timing, and contingencies when the leadership roles facilitate and inhibit collective endeavors. I have followed the development and testing of the Competing Values Framework over the years. It makes important contributions to both theory and practice. It stimulates positive learning outcomes for students and managers.' - Andrew H. Van de Ven, University of Minnesota, US
About the Author
Kim S. Cameron, Professor of Management and Organization, Robert E. Quinn, Margaret Elliott Tracey Professor of Business Administration, University of Michigan, Jeff DeGraff, Professor of the Practice of Management, Ross School of Management, University of Michigan, Ann Arbor, US and Anjan V. Thakor, John E. Simon Professor of Finance, Olin School of Business, Washington University, US
As a doctoral candidate in business management, I have leadership books growing out of my ears. When I discovered Competing Values Leadership, I prepared myself for the worst, secretly hoping these authors would offer a unique perspective on leadership that not only offers value but also demonstrates how leadership affects the bottom line in business. Fortunately, I wasn't disappointed.
Competing Values Leadership is organized into two main parts, sub-divided into nine chapters. It includes a list of figures and tables used throughout the book to demonstrate key components of the Competing Values Leadership framework.
Part I overviews the competing values theory and explains the four-quadrant visual model underlying this theory. The authors propose that "hundreds of organizations have used the framework to diagnose and implement culture change, establish competitive strategy, motivate employees, facilitate organizational development and change, implement quality processes, (and) develop high potential leaders..." (p. 12).
Cases including Philips Electronics, Dana Corporation, Dell, General Dynamics, and SPX are provided to demonstrate value created by application of the framework which is divided into quadrants describing four value-creating leadership activities: Collaborate, Create, Compete and Control. The authors assert that balanced application of these competing values, preferences, and priorities which exist in all organizations will yield more value and better financial results.
Part II discusses additional applications of the model and how behaviors of the Competing Values Leadership model can result in value creation and higher financial performance.
Since the authors are researchers and academics, Competing Values Leadership is not a book easily examined cover-to-cover. It's filled with quantitative charts and research terms like "multiple regression" and "predictive analysis" unfamiliar to the typical business audience. Yet, once readers wade through the academic jargon, they will discover that the Competing Values Leadership model offers valuable insights into the inherent paradox of leadership and why leadership is actually a balancing act among extremes rather than a simple fix for organizational challenges.
Armchair Interviews highly recommends this book for business professionals and leadership researchers interested in understanding a new approach to leading people, building organizational effectiveness, and achieving higher financial performance.
Product Details :
- Series: New Horizons in Management
- Paperback: 192 pages
- Publisher: Edward Elgar Publishing (September 26, 2007)
- Language: English
- ISBN-10: 1847204953
- ISBN-13: 978-1847204950
- Product Dimensions: 5.8 x 9 inches
More Details about Competing Values Leadership: Creating Value in Organizations (New Horizons in Management), 1st Edition
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