IDEAS home Printed from https://ideas.repec.org/a/kap/jbuset/v130y2015i2p437-446.html
   My bibliography  Save this article

Balanced Organizational Values: From Theory to Practice

Author

Listed:
  • Ivan Malbašić
  • Carlos Rey
  • Vojko Potočan

Abstract

Theories of organization and management have offered several concepts and models which indicate that organizational values are an important factor for running organizations successfully. A still unexplained question concerns the creation of balanced organizational values, which can support the achievement of several different and even conflicting goals of modern organizations. To explore balanced organizational values in contemporary business practice, we tested different models of organizational values on a sample of Fortune 100 companies. Research results demonstrate that none of the proportions/ratios of balance proposed by the main models of organizational values from existing literature possesses/presents the ideal balance that is currently pursued in the business field. As a conclusion, a new model of balanced organizational values is proposed. Copyright Springer Science+Business Media Dordrecht 2015

Suggested Citation

  • Ivan Malbašić & Carlos Rey & Vojko Potočan, 2015. "Balanced Organizational Values: From Theory to Practice," Journal of Business Ethics, Springer, vol. 130(2), pages 437-446, August.
  • Handle: RePEc:kap:jbuset:v:130:y:2015:i:2:p:437-446
    DOI: 10.1007/s10551-014-2238-0
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10551-014-2238-0
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s10551-014-2238-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Pablo Cardona & Carlos Rey, 2008. "Management by Missions," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59894-2, October.
    2. Robert E. Quinn & Kim Cameron, 1983. "Organizational Life Cycles and Shifting Criteria of Effectiveness: Some Preliminary Evidence," Management Science, INFORMS, vol. 29(1), pages 33-51, January.
    3. Barry Posner, 2010. "Another Look at the Impact of Personal and Organizational Values Congruency," Journal of Business Ethics, Springer, vol. 97(4), pages 535-541, December.
    4. Victoria Buenger & Richard L. Daft & Edward J. Conlon & Jeffrey Austin, 1996. "Competing Values in Organizations: Contextual Influences and Structural Consequences," Organization Science, INFORMS, vol. 7(5), pages 557-576, October.
    5. Scott, Elizabeth D., 2002. "Organizational Moral Values," Business Ethics Quarterly, Cambridge University Press, vol. 12(1), pages 33-55, January.
    6. Robert E. Quinn & John Rohrbaugh, 1983. "A Spatial Model of Effectiveness Criteria: Towards a Competing Values Approach to Organizational Analysis," Management Science, INFORMS, vol. 29(3), pages 363-377, March.
    7. Gregory, Brian T. & Harris, Stanley G. & Armenakis, Achilles A. & Shook, Christopher L., 2009. "Organizational culture and effectiveness: A study of values, attitudes, and organizational outcomes," Journal of Business Research, Elsevier, vol. 62(7), pages 673-679, July.
    8. Yilmaz, Cengiz & Ergun, Ercan, 2008. "Organizational culture and firm effectiveness: An examination of relative effects of culture traits and the balanced culture hypothesis in an emerging economy," Journal of World Business, Elsevier, vol. 43(3), pages 290-306, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rita Klapper & Lindsay Berg & Paul Upham, 2020. "Probing Alignment of Personal and Organisational Values for Sustainability: An Assessment of Barrett’s Organisational Consciousness Model," Sustainability, MDPI, vol. 12(18), pages 1-20, September.
    2. Law, Kris M.Y. & Breznik, Kristijan, 2018. "What do airline mission statements reveal about value and strategy?," Journal of Air Transport Management, Elsevier, vol. 70(C), pages 36-44.
    3. Alvaro Lleo & Miquel Bastons & Carlos Rey & Fernando Ruiz-Perez, 2021. "Purpose Implementation: Conceptualization and Measurement," Sustainability, MDPI, vol. 13(4), pages 1-19, February.
    4. Nguyen Thi Thu Ha, 2021. "Workplace Isolation In The Growth Trend Of Remote Working: A Literature Review," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 27, pages 97-113, June.
    5. Li Qu & Cuiyi Liu & Jielin Yin, 2023. "Effects of Person–Environment Fit on Users’ Willingness to Contribute Knowledge in Virtual Brand Communities," Sustainability, MDPI, vol. 15(18), pages 1-17, September.
    6. Peter G. Dominick & Dimitra Iordanoglou & Gregory Prastacos & Richard R. Reilly, 2021. "Espoused Values of the “Fortune 100 Best Companies to Work For”: Essential Themes and Implementation Practices," Journal of Business Ethics, Springer, vol. 173(1), pages 69-88, September.
    7. Ivan Malbasic & Nikolina Posaric, 2017. "A Comparison of the Organizational Values of the World's Largest Companies with the Organizational Values of Large Croatian Companies: A Balanced Approach," MIC 2017: Managing the Global Economy; Proceedings of the Joint International Conference, Monastier di Treviso, Italy, 24–27 May 2017,, University of Primorska Press.
    8. Krzysztof Machaczka & Maciej Stopa, 2022. "Social Values as One of the Crucial Determinants of Efficient Strategic Management of an Energy Sector Company," Energies, MDPI, vol. 15(10), pages 1-19, May.
    9. Godoy, Sarah & Kainz, Kirsten & Brevard, Kanisha & Keyes, Oprah, 2022. "A conceptual model to guide collaborative reflective practice and values-driven child welfare decision-making," Children and Youth Services Review, Elsevier, vol. 143(C).
    10. Mohammad A. Rickaby & Jacqueline Glass & Scott Fernie, 2020. "Conceptualizing the Relationship between Personal Values and Sustainability—A TMO Case Study," Administrative Sciences, MDPI, vol. 10(1), pages 1-22, March.
    11. repec:mje:mjejnl:v:12:y:2017:i:2:p:81-92 is not listed on IDEAS
    12. Ivan Malbasic & Carlos Rey & Nikolina Posaric, 2018. "Congruence Between Personal And Organizational Mission: The Role Of Balanced Organizational Values," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 27(2), pages 545-563, december.
    13. Rick C. Warne, 2021. "Using Utility Theory To Frame Challenges And Solutions To Employee Meaningfulness," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 27, pages 77-93, June.
    14. Jolita Vveinhardt & Evelina Gulbovaite, 2017. "Congruence of Personal and Organizational Values: Moving Beyond Practice," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(2), pages 81-92.
    15. Ivan Malbasic & Bruno Beluzic & Nikolina Posaric, 2018. "Organizational Values as the Basis for Business Excellence," Management, University of Primorska, Faculty of Management Koper, vol. 13(3), pages 265-279.
    16. Monique L. Bell, 2023. "Thinking Outside of the Firm: Self-Transcendence Values’ Effects on Corporate Reputation," Corporate Reputation Review, Palgrave Macmillan, vol. 26(2), pages 150-165, May.
    17. Maureen Gelle-Jimenez & Hector M. Aguiling, 2021. "Leveraging human resources management (HRM) practices toward congruence of values," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(1), pages 85-94, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Limaj, Everist & Bernroider, Edward W.N., 2019. "The roles of absorptive capacity and cultural balance for exploratory and exploitative innovation in SMEs," Journal of Business Research, Elsevier, vol. 94(C), pages 137-153.
    2. Naor, Michael & Jones, Janine Sanders & Bernardes, Ednilson S. & Goldstein, Susan Meyer & Schroeder, Roger, 2014. "The culture-effectiveness link in a manufacturing context: A resource-based perspective," Journal of World Business, Elsevier, vol. 49(3), pages 321-331.
    3. Ivan Malbasic & Nikolina Posaric, 2017. "A Comparison of the Organizational Values of the World's Largest Companies with the Organizational Values of Large Croatian Companies: A Balanced Approach," MIC 2017: Managing the Global Economy; Proceedings of the Joint International Conference, Monastier di Treviso, Italy, 24–27 May 2017,, University of Primorska Press.
    4. Simanchala Das & Biswajit Acharjya, 2021. "Understanding Organisational Effectiveness Through Sustainable Human Relations Approach: The Role of Empowerment Climate in Selected Industrial Establishments," International Journal of System Dynamics Applications (IJSDA), IGI Global, vol. 10(2), pages 33-52, April.
    5. Martínez-Caro, Eva & Cegarra-Navarro, Juan Gabriel & Alfonso-Ruiz, Francisco Javier, 2020. "Digital technologies and firm performance: The role of digital organisational culture," Technological Forecasting and Social Change, Elsevier, vol. 154(C).
    6. Ancarani, Alessandro & Di Mauro, Carmela & Giammanco, Maria Daniela, 2009. "How are organisational climate models and patient satisfaction related? A competing value framework approach," Social Science & Medicine, Elsevier, vol. 69(12), pages 1813-1818, December.
    7. Leslie A. Laam & George Godlewski & Wayne Psek, 2023. "A description and mathematization of an adaptation-based culture mechanism," Computational and Mathematical Organization Theory, Springer, vol. 29(2), pages 363-390, June.
    8. Gregory, A., 1996. "The road to integration. Reflections on the development of organizational evaluation theory and practice," Omega, Elsevier, vol. 24(3), pages 295-307, June.
    9. Aegean Leung & Maw Der Foo & Sankalp Chaturvedi, 2013. "Imprinting Effects of Founding Core Teams on HR Values in New Ventures," Entrepreneurship Theory and Practice, , vol. 37(1), pages 87-106, January.
    10. repec:dgr:rugsom:97a49 is not listed on IDEAS
    11. Myeongju Lee & Hyunok Kim, 2017. "Exploring the Organizational Culture’s Moderating Role of Effects of Corporate Social Responsibility (CSR) on Firm Performance: Focused on Corporate Contributions in Korea," Sustainability, MDPI, vol. 9(10), pages 1-18, October.
    12. Abdullahi Hassan Gorondutse, 2013. "An Examination of Business Social Responsibility (BSR) On the Local Environment: A Proposed Framework on the Relationship between BSR and Small and Medium Enterprises (SMEs) Performance," Information Management and Business Review, AMH International, vol. 5(2), pages 66-72.
    13. Catherine Ragasa, 2016. "Organizational and Institutional Barriers to the Effectiveness of Public Expenditures: The Case of Agricultural Research Investments in Nigeria and Ghana," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 28(4), pages 660-689, September.
    14. James Whiteside & Samir Dani, 2020. "Influence of Organisational Culture on Supply Chain Resilience: A Power and Situational Strength Conceptual Perspective," JRFM, MDPI, vol. 13(7), pages 1-15, July.
    15. Hardcopf, Rick & Liu, Gensheng (Jason) & Shah, Rachna, 2021. "Lean production and operational performance: The influence of organizational culture," International Journal of Production Economics, Elsevier, vol. 235(C).
    16. Kimata, Akira & Itakura, Hiroaki, 2021. "Interactions between organizational culture, capability, and performance in the technological aspect of society: Empirical research into the Japanese service industry," Technology in Society, Elsevier, vol. 64(C).
    17. Antonio Botti & Massimiliano Vesci, 2018. "Competing Value Framework and Public Administration: Managerial Insights, Theoretical Reflections and Practical Implications from Italy," International Business Research, Canadian Center of Science and Education, vol. 11(2), pages 147-160, February.
    18. Dag Ingvar Jacobsen & Tore Hillestad & Birgitte Yttri & Jarle Hildrum, 2019. "Alternative Routes To Innovation — The Effects Of Cultural And Structural Fit," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 24(01), pages 1-20, January.
    19. Glunk, U. & Wilderom, C.P.M., 1996. "Organizational Effectiveness = Corporate Performance? Why and How Two Research Traditions Need to be Merged," Research Memorandum 715, Tilburg University, School of Economics and Management.
    20. Papadimitriou, Dimitra & Taylor, Peter, 2000. "Organisational Effectiveness of Hellenic National Sports Organisations: A Multiple Constituency Approach," Sport Management Review, Elsevier, vol. 3(1), pages 23-46, May.
    21. Humphrey Bourne & Mark Jenkins & Emma Parry, 2019. "Mapping Espoused Organizational Values," Journal of Business Ethics, Springer, vol. 159(1), pages 133-148, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jbuset:v:130:y:2015:i:2:p:437-446. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.