“As a management tool for establishing and articulating the corporate values, responsibilities, obligations, and ethical ambitions of an organisation and the way it functions. It provides guidance to employees on how to handle situations which pose a dilemma between alternative right courses of action, or when faced with pressure to consider right and wrong” (Institute of Business of Ethics–UK).
Published in Chapter:
VO Breeding Environments Value System and Metrics
David Romero (Tecnológico de Monterrey, México), Nathalíe Galeano (Tecnológico de Monterrey, México), and Arturo Molina (Tecnológico de Monterrey, México)
Copyright: © 2008
|Pages: 6
DOI: 10.4018/978-1-59904-885-7.ch246
Abstract
The concept of virtual organization breeding environment (VBE) has emerged as the necessary context for effective creation of dynamic virtual organizations (Afsarmanesh & Camarinha-Matos, 2005). One important element to be considered during the VBE operation life-cycle stage is value generation. A virtual breeding environment is a “value network” that should create different types of values such as goods, services, revenue, knowledge, and/or intangible benefits (Allee, 2000). Aimed to achieve the identification of values generated in a breeding environment, the present article reports research issues related to the definition of the VBE value system and metrics. The VBE value system presented in this article will include the identification of the value generation objects (or capitals) in a virtual breeding environment and its performance measurement system, involving not only financial value generation objects but also the intellectual value generation objects (such as human capital, structure capital, innovation and learning capital, relational capital, and identity capital). Along with the VBE performance measurement system, the identification of potential incentives and sanctions are also described. Additionally, the identification of VBE ethical values are also studied through the definition of its culture and ethical code.