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The Value Motive: The Only Alternative to the Profit Motive [Hardcover]

Paul Kearns
5.0 out of 5 stars  See all reviews (1 customer review)
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Book Description

23 Mar 2007 0470057556 978-0470057551
Our market system has evolved in line with capitalist philosophy, and at its heart is profit. But while profit can be a powerful motive, it is not always used responsibly and, in the worst cases, this can have damaging effects at a wider level. The calls for a corporate conscience grow louder, but no one has yet suggested an alternative to profit that people find as compelling. Profit is here and now.

In this climate, the solution is to refine the profit motive, not replace it. We all value things, and we’re all motivated by what we value. If value could replace the profit motive, it would reconcile the interests of CEOs, shareholders, citizens and government. Profits would still rise but at the same time society would gain value. This book is a call to manage for maximum value – to follow The Value Motive.

Kearns Endorsements

"In ′The Value Motive,′ Paul Kearns clarifies the confusing concept of ′value′ and shows how it can be used to transform thinking and action in organizations.  Paul′s books are always stimulating and controversial, and this one is no exception. If you are interested in creating more value in your organization and willing to have your existing mental models challenged, then you should read this book!"
—Dean Spitzer, Performance Measurement Thought Leader, IBM Research, and author of "Transforming Performance Measurement" USA

"I have worked with a host of HR professional over the years. To date I know of noone that compares to Paul when it comes to presenting the issues and challenges of managing human capital and providing practical approaches for doing so. Like his past books, The Value Motive, brings clarity to a world of HR, which often is filled with disarray and recommendations that tend to be driven by political correctness rather than by the intent to produce value. Paul′s discussion of value as a driving force in organizations (in addition to profit) brings together the worlds of for and not for profit organizations. It also provides an overarching theme that includes the best interest of all stakeholders, customers, community and shareholders alike. This certainly represents a very much needed approach."
—Finnur Oddsson, Ph.D., Director of MBA Programs & Executive Education, Reykjavík University, Iceland

"This is a timely, forward–looking, and convincing exposition delving into why value is a better determination of sustained ROI than profit. Paul provides simple, yet valid methodology regarding how much value is added by any organizational activity. His writings are a must for anyone measuring the true effectiveness of people development, an organization’s primary value–added activity."
—Tery Tennant, Attainment, Inc, USA



Product details

  • Hardcover: 288 pages
  • Publisher: John Wiley & Sons (23 Mar 2007)
  • Language: English
  • ISBN-10: 0470057556
  • ISBN-13: 978-0470057551
  • Product Dimensions: 15.8 x 2.1 x 23.4 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 808,249 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Review

"…readable and thought–provoking…" (CPO Agenda, June 2007)
"...this book should be compulsory for all HR Professionals" (Personnel Today, Tues 3rd May)

"…readable and thought–provoking…" (CPO Agenda, June 2007)

"...this book should be compulsory reading for all HR Professionals"  (Personnel Today, Tues 3rd July) 

“The author offers an up–to–date text and there are plenty of examples throughout from well–known businesses”. European Accounting Review June 2008

"...redefines the role of leadership in terms of its ultimate responsibility to society." (TrainingZone.co.uk, November 19th 2008)

Review

"The author offers an up-to-date text and there are plenty of examples throughout from well-known businesses".

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2 of 2 people found the following review helpful
5.0 out of 5 stars Value - the new Motivator.... 16 May 2007
Format:Hardcover
Every now and then (and all too rarely!) you come across someone about whom you can genuinely say that they are a "breath of fresh air". Paul Kearns is one of those people, and with this book he marks a departure from writing to the ranks of Human Resources practitioners and aims this book at the commanding heights of organisations both public and private, as well as anybody who cares about the work they are engaged in.

It's not about Profit, it's about Value - if you made a million dollars or treated 100,000 patients, was your output as its optimum? Should that have been three million dollars or 150,000 patients?

This book will challenge many received opinions, and rightly so, as it clinically analyses all of the issues facing organisations and the way they typically deal with them and along the way goes in depth into some of the popular initiatives such as Corporate Social Responsibility and Diversity, drawing some conclusions that may feel uncomfortable for some.

Go one up on you fellow Board and Management team members and get this book; it could at the very least make you look afresh at some of the things in your work life (and where your taxes are spent!).
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