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- W2503021707 abstract "A value-driven mechanism is the backbone of all the business activities, which focuses on trust and confidence building. The values—trust, confidence, truth—of an organization play a major role in accomplishing success for an organization. The idea of value-driven mechanism helps in inducing enthusiasm and passion for the recovery process of the organization. This chapter elaborates on how a new CEO of an organization should use these values, keeping the performance of the company in mind, to initiate turnaround in an organization. Turnaround is about turning the page from the past. The management style of the new CEO must reflect this willingness. He must consciously embody this challenge, which will be reflected in the system of values that he or she brings to the new mission. In the first steps of the turnaround this is a job for the CEO, but they must be quickly joined in this exercise by their closest collaborators, to create a critical mass of transformation in the whole organization as quickly as possible." @default.
- W2503021707 created "2016-08-23" @default.
- W2503021707 creator A5039689789 @default.
- W2503021707 date "2012-01-02" @default.
- W2503021707 modified "2023-09-29" @default.
- W2503021707 title "Driven by Value" @default.
- W2503021707 doi "https://doi.org/10.1002/9781119201670.ch1" @default.
- W2503021707 hasPublicationYear "2012" @default.
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