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Discuss the Significance of Value Creation

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Discuss the significance of value creation. According to Michael Porter, what are the two primary strategies for creating value?


Definitions:

Uhl-Bien

A researcher known for contributions in leadership studies, focusing on relational leadership and complex organizing processes.

Leadership Making

A process of developing leadership qualities within individuals or organizations to foster effective leadership roles.

Relationship Quality

Describes the depth and satisfaction of connections between individuals, encompassing factors like trust, communication, and mutual respect.

Trust

The confidence or belief in the reliability, truth, ability, or strength of someone or something.

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