Value Based Management (VBM) has been defined in many different ways .  Value Creation Group, Inc., as its name implies, is a strong proponent of Value Based Management.  Value Based Management can be simply stated as:

management system in which entire organization is

• focused
• measured
• compensated

It is really a philosophy of management rather than one particular technique.  VBM is really a combination of techniques such as 

Chen, Al & Laura Ingraham & Gregory Jenkins, “Creating Value through e-Commerce,” Strategic Finance, January 2001, P.44
Ehrhardt, Michael, “What Does it Take to Create Corporate Value?” www.budgethub.org/article_ehrhardt.htm, 3/15/2000 , P.1
Haspeslagh, Philippe; Noda, Tomo; Boulos, Fares, “Managing for Value: It’s Not Just About the Numbers,” HBR, July-August 2001, P.64
Hansen, Fay, "Value Based Management Commitment", Business Finance, Supplement to Sept. 2001, p. 2
Leahy, Tad, "Devil's in Details", Business Finance, Supplement to Sept. 2001, p. 7
Martin, John & William Petty, “Value Based Management,” Harvard Business School Press, ( Cambridge , MA 2000) 
Sammer, Joanne, "Missing Link", Business Finance, Supplement to Sept. 2001, p. 11

Call or email below John Antos or Jim Brimson to find out how Value Based Management can help your organization.