Value Based Management (VBM) is the management philosophy and approach that enables and supports maximum value creation in organizations, typically the maximization of shareholder value. VBM encompasses the processes for creating, managing, and measuring value.A values-based organization (VBO) is a living, breathing culture of shared core values among all employees. A values-based organization is a culture shaped by a clear set of ground rules establishing a foundation and guiding principles for decision-making, actions and a sense of community.Value-based metrics are financial measures that largely evolve out of corporate finance. The focus here is on metrics that can assist managers and investors in discerning whether a company is pointing in the direction of wealth creation or, unfortunately, wealth destruction.