McKinsey and Company research shows most businesses and organisations cannot articulate how they create value. That means they don't have an effective strategy or strategic management process. Last year Paul Barnett coined the term Valueism, to describe capitalism and business that is focused on value creation.
Growth, profitability and maximising shareholder returns are seen as measures of performance in most businesses, and by most investors, The indicators that matter to them are market share, margins and share price. But they are the by-products of creating value, not drivers of it, and they represent very poor indicators of the ability of the business to create value in the future.
For 2017 Paul has developed an Introduction to Valueism Workshop, to outline an approach that differs radically from the current management theory and practices. It looks at value creation as the driver of an integrated Value System, and as a means of structuring and managing an organisation and it's growth. It views strategic management as a way of thinking, linked to a dynamic iterative process. Follow this link for details and reservations