{"product_id":"the-value-motive-the-only-alternative-to-the-profit-motive-hardback-9780470057551","title":"The Value Motive; The Only Alternative to the Profit Motive (Hardback) 9780470057551","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Value Motive\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe Only Alternative to the Profit Motive\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003ePaul Kearns (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470057551, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 23 March 2007\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e288 pages\u003cbr\u003e23.6 x 16 x 2.1 cm, 0.544 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"â?¦readable and thought-provokingâ?¦\" (\u003ci\u003eCPO Agenda\u003c\/i\u003e, June 2007)\u003cbr\u003e \"...this book should be compulsory for all HR Professionals\" (\u003ci\u003ePersonnel Today\u003c\/i\u003e, Tues 3rd May)\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eOur market system has evolved in line with capitalist philosophy, and at its heart is profit. But while profit can be a powerful motive, it is not always used responsibly and, in the worst cases, this can have damaging effects at a wider level. The calls for a corporate conscience grow louder, but no one has yet suggested an alternative to profit that people find as compelling. Profit is here and now.  \u003cp\u003eIn this climate, the solution is to refine the profit motive, not replace it. We all value things, and we’re all motivated by what we value. If value could replace the profit motive, it would reconcile the interests of CEOs, shareholders, citizens and government. Profits would still rise but at the same time society would gain value. This book is a call to manage for maximum value – to follow \u003ci\u003eThe Value Motive\u003c\/i\u003e.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eKearns Endorsements\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"In 'The Value Motive,' Paul Kearns clarifies the confusing concept of 'value' and shows how it can be used to transform thinking and action in organizations.  Paul's books are always stimulating and controversial, and this one is no exception. If you are interested in creating more value in your organization and willing to have your existing mental models challenged, then you should read this book!\"\u003cbr\u003e —Dean Spitzer, Performance Measurement Thought Leader, IBM Research, and author of \"Transforming Performance Measurement\" USA\u003c\/p\u003e \u003cp\u003e\"I have worked with a host of HR professional over the years. To date I know of noone that compares to Paul when it comes to presenting the issues and challenges of managing human capital and providing practical approaches for doing so. Like his past books, The Value Motive, brings clarity to a world of HR, which often is filled with disarray and recommendations that tend to be driven by political correctness rather than by the intent to produce value. Paul's discussion of value as a driving force in organizations (in addition to profit) brings together the worlds of \u003ci\u003efor\u003c\/i\u003e and \u003ci\u003enot for profit\u003c\/i\u003e organizations. It also provides an overarching theme that includes the best interest of all stakeholders, customers, community and shareholders alike. This certainly represents a very much needed approach.\"\u003cbr\u003e —Finnur Oddsson, Ph.D., Director of MBA Programs \u0026amp; Executive Education, Reykjavík University, Iceland\u003c\/p\u003e \u003cp\u003e\"This is a timely, forward-looking, and convincing exposition delving into why value is a better determination of sustained ROI than profit. Paul provides simple, yet valid methodology regarding how much value is added by any organizational activity. His writings are a must for anyone measuring the true effectiveness of people development, an organization’s primary value-added activity.\"\u003cbr\u003e —Tery Tennant, Attainment, Inc, USA\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eAbout The Author ix\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eIntroduction xix\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Profit Is Not a Dirty Word But Value Is Much Cleaner \u003c\/b\u003e\u003cb\u003e1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIs profit the best way to allocate scarce resources? 1\u003c\/p\u003e \u003cp\u003eProfit can be a very emotive word 7\u003c\/p\u003e \u003cp\u003eThe Microsoft Paradox 11\u003c\/p\u003e \u003cp\u003eNot-for-profit? Does that mean not-for-value? 17\u003c\/p\u003e \u003cp\u003eProfit is an increasingly unpopular king 22\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Value – A Very Slippery Word Indeed \u003c\/b\u003e\u003cb\u003e29\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining value 29\u003c\/p\u003e \u003cp\u003eA working definition of value 34\u003c\/p\u003e \u003cp\u003eBasic value 37\u003c\/p\u003e \u003cp\u003eMoving on to added value 41\u003c\/p\u003e \u003cp\u003ePrivate equity partners – value adders or asset strippers? 44\u003c\/p\u003e \u003cp\u003eThe value motive already exists 47\u003c\/p\u003e \u003cp\u003eValue as a distillation process 51\u003c\/p\u003e \u003cp\u003eDeclaring value in a public statement 54\u003c\/p\u003e \u003cp\u003eThe value agenda 62\u003c\/p\u003e \u003cp\u003eA value statement for a commercial company 63\u003c\/p\u003e \u003cp\u003eA value statement for a public sector organization 68\u003c\/p\u003e \u003cp\u003e‘Intangibles’ confuse the issue of added value 71\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 This Powerful Motive Force We Call Value \u003c\/b\u003e\u003cb\u003e77\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHarnessing the power of motive 77\u003c\/p\u003e \u003cp\u003eValue means output, not input 80\u003c\/p\u003e \u003cp\u003eDefi ning value as an economic system 85\u003c\/p\u003e \u003cp\u003eDoes the capitalist system deliver the best value? 88\u003c\/p\u003e \u003cp\u003eWhen we say value we should really mean it 92\u003c\/p\u003e \u003cp\u003eA holistic value system for everyone 96\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Value Has to Be The Raison D’être For Every Type of Organization \u003c\/b\u003e\u003cb\u003e101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAll value is good 101\u003c\/p\u003e \u003cp\u003eValue is the raison d’être of all organizations 103\u003c\/p\u003e \u003cp\u003eCorporate social responsibility (CSR) and the ‘triple’ bottom line 106\u003c\/p\u003e \u003cp\u003eSocial enterprise 117\u003c\/p\u003e \u003cp\u003eIs the public sector an obsolete construct? 120\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Organizational Performance Measurement Has to Measure Value \u003c\/b\u003e\u003cb\u003e127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTurning human activity into value 127\u003c\/p\u003e \u003cp\u003eThe advent of the scorecard 130\u003c\/p\u003e \u003cp\u003eThe EFQM business excellence model 134\u003c\/p\u003e \u003cp\u003eAgreeing value priorities using the 3 Box System 136\u003c\/p\u003e \u003cp\u003eThe gulf between performance measurement theory and practice 142\u003c\/p\u003e \u003cp\u003eActivity, performance and added value measures 150\u003c\/p\u003e \u003cp\u003eTaking a fresh perspective on the purpose of performance measurement 153\u003c\/p\u003e \u003cp\u003eMeasuring and managing ‘intangibles’ 156\u003c\/p\u003e \u003cp\u003eE-valu-ation 161\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Value Is Essentially A People Thing \u003c\/b\u003e\u003cb\u003e167\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA fresh approach to people management 167\u003c\/p\u003e \u003cp\u003eMeasuring the value of people 171\u003c\/p\u003e \u003cp\u003eDebunking the employee–customer–profit chain theory 176\u003c\/p\u003e \u003cp\u003eReplacing performance management with value management 178\u003c\/p\u003e \u003cp\u003eManaging value holistically 185\u003c\/p\u003e \u003cp\u003eValuing people ‘intangibles’ 187\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 The People Measurement ‘Box’ \u003c\/b\u003e\u003cb\u003e193\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOnly meaningful measures count 193\u003c\/p\u003e \u003cp\u003ePeople measurement is a really serious matter 199\u003c\/p\u003e \u003cp\u003eDoes diversity add value? 205\u003c\/p\u003e \u003cp\u003eHuman capital management, a revolution in management thinking 210\u003c\/p\u003e \u003cp\u003ePeople – are they personnel, human resources, assets or capital? 214\u003c\/p\u003e \u003cp\u003eHuman capital measures and indicators of value 216\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 How The Value Motive Could Upstage The Profit King \u003c\/b\u003e\u003cb\u003e223\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe value motive \u003ci\u003eis \u003c\/i\u003eleadership 223\u003c\/p\u003e \u003cp\u003eThe politician’s definition of value 231\u003c\/p\u003e \u003cp\u003eThe first, second and third sectors have to become one 236\u003c\/p\u003e \u003cp\u003eValue special cases and dead losses 241\u003c\/p\u003e \u003cp\u003eValue management education 245\u003c\/p\u003e \u003cp\u003eAuditing the value motive 249\u003c\/p\u003e \u003cp\u003eA new management discipline – valuing the human contribution 252\u003c\/p\u003e \u003cp\u003eIndex 259\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Business \u0026amp; management [\u003ca title=\"See our other books on Business \u0026amp; management\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Business%20\u0026amp;%20management%20%5BKJ%5D%22\"\u003eKJ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52256844120344,"sku":"9780470057551","price":32.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470057551.jpg?v=1781275210","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-value-motive-the-only-alternative-to-the-profit-motive-hardback-9780470057551","provider":"Freshly Printed Books","version":"1.0","type":"link"}