Explain the importance of value-based management and value-based leadership.

 Giving importance to both value centric methods (stakeholder and management/leadership)

would lead to better ethical management within the company. Leaders will make better choices
feeling more comfortable to act upon them and build better, more trusting, less stressful
relationships with their followers while still ensuring that company consistently runs on value,
maximizing shareholder value. 
 Value-based Management encompasses the process for creating, managing, and
measuring value. It is the management philosophy and approach that enables and supports
maximum value creation in organizations, typically the maximization of shareholder value.
Conversely, value-based leadership is the idea that leaders should draw on their own and
followers' values for direction and motivation. Its leadership philosophy asserts that people are
mostly motivated by values and live according to these beliefs. Values then become most
natural motivators.