MANAGEMENT BY VALUES IN THE WORK OF INTERNATIONAL MANAGERS (2020)
Purpose: Values entered the area of management relatively recently, which explains why this issue has not been widely discussed in academic articles yet. As values are an important element in supporting the achievement of the company's vision, mission and goals – especially in a multicultural environment – the aim of the authors set for themselves was to define the role that management by values plays in the work of international managers. Design/methodology/approach: The research method adopted in the article is the analysis and synthesis of subject literature and the use of secondary research. It is a mixed method, located between empirical and theoretical methods. The article first explains the essence and meaning of values in modern management and next it describes the competences of international managers and the role values play in cross-cultural management. The final sections present management by values as a way of building employee involvement and analyse the benefits of this type of management. Findings: The authors of the article came to the conclusion that the position of managers working in a multicultural environment does not depend only on their specialist knowledge, professional qualifications, or linguistic competence. All these skills lose their importance when they are accompanied by a lack of competences necessary to successfully function in a multicultural working environment. The article discusses the key features and skills managers of multicultural teams should possess, including the ability to implement management by values. Social implications: This article indicates the key features and skills that a manager of an intercultural team should possess. Therefore, the conclusions of the study can be used in economic practice. Originality/value: The authors recommend that modern managers create a system of values that will contribute to the success of their business.
Keywords: nauki o polityce i administracji; nauki o kulturze i religii