Values in Managing a Contemporary Enterprise – the Perspective of Intercultural Management

Abstract

The purpose of the article is to define the role and importance of values in managing a contemporary enterprise, while taking into account the perspective of intercultural management. Values are a very important element affecting employees’ motivation and commitment in achieving common goals, especially in a culturally diverse work environment. The first part of the article explains the essence of management through values. The next part describes the role of values in management and benefits stemming from managing by values. Next intercultural management and its dimensions are discussed, whereas the last part describes the challenges related to values in intercultural management.