principled management
/prɪnsɪplɪd mænɪdʒmənt/ · prin·ci·pled man·a·gen·ment
noun
- The practice of making decisions and taking actions in a business or organization based on a clear set of principles and values. The company's principled management approach has earned it a reputation for integrity and transparency.
- A style of management that prioritizes ethics, morality, and social responsibility in decision-making. The non-profit organization's principled management model has inspired other organizations to adopt similar approaches.
adjective
- Characterized by a strong sense of principle and values. The principled management team made a difficult decision to prioritize the well-being of their employees over profits.
- Guided by a clear set of principles and values. The company's principled management approach has led to significant improvements in its social and environmental impact.
Synonyms
ethical managementvalues-driven managementprincipled leadershipmoral managementresponsible management
Antonyms
Did you know? The concept of principled management has its roots in the work of business ethicists and philosophers such as Peter Drucker and Milton Friedman, who emphasized the importance of integrating ethics and values into business decision-making.