This text is based on an article on Addicted2success.com.
What is value-based leadership?
It is a style of people management in which great emphasis is placed on ethical and moral values. In value-based leadership, managers and their teams are driven not only by productivity, efficiency and finances, but also by focusing on, for example, environmental values, work-life balance and social responsibility.
Adopting value-based leadership principles to your management style: how and why
If you incorporate the principles of value-based leadership into your management style, you, your company and your subordinates can benefit. How do you do it in practice?
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Set up processes in your team that are aligned with your core values. For example, as regards internal communication, prohibit employees from communicating at weekends or outside work hours to avoid working overtime. Or set up decision-making processes so that socially responsible or environmentally friendly solutions are preferred. There are numerous options in this regard, depending on the focus of your team.
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Motivate employees and encourage their loyalty to your team and company. By incorporating ethical and moral values into your management style, you will motivate your employees. You will make them feel better about what they are doing and thus encourage their loyalty to the team and company. And, last but not least, you will also support your company's employer brand.
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Make decisions with long-term sustainability in mind. When making any decisions (or setting up new principles and processes) within your team, work with long-term sustainability in mind. For example, you need to ensure you do not overwork subordinates, and create an environment they want to work in long-term.
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